Fifa has claimed that it will not make any profit from the competition, instead re-investing the entire $1bn into club football across the world. The first edition of the new Club World Cup marks a move away from the old competition, which has now been re-named as the Intercontinental Cup.
The competition takes place across 11 cities and 12 stadiums in the USA between 14 June and 13 July, just under a year before the 2026 World Cup begins.
And the inaugural edition includes European sides such as Real Madrid, Manchester City, Bayern Munich, Chelsea and Inter Milan, as well as Argentine giants Boca Juniors and River Plate, recent Copa Libertadores winners Botafogo and Fluminense, and Lionel Messiβs Inter Miami.
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11 of the 12 European clubs are represented by the ECA, with these teams expected to earn a higher share of the revenue due to their importance within the competition. Madrid are not represented due to their support for the European Super League.
Some clubs not participating in the tournament are also set to receive at least $150m in so-called βsolidarity paymentsβ, with that money also coming out of a tournament budget of $2bn.
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Samuel Kwame Boadu is a Ghanaian entrepreneur, writer, and digital consultant passionate about creating impactful stories and business solutions. He is the Founder & CEO of SamBoad Business Group Ltd, a dynamic company with subsidiaries in digital marketing, logistics, publishing, and risk management.
