File PHOTO: The logo of FIFA is seen in front of its headquarters in Zurich, Switzerland September 26, 2017. REUTERS/Arnd Wiegmann/File Photo
CAIRO – 24 October 2019: FIFA announced on Thursday that China will host the first expanded edition of FIFA Club World Cup in 2021 with the participation of 24 teams.
The announcement was made following a FIFA Council meeting in Shanghai.
The competition is expected to see the participation of eight European teams, six from South America, three from each of Africa, Asia and North and Central America and one from Oceania.
"It is a historic decision for football. The new [tournament] will be a competition which anyone who loves football is looking forward to. It is the first real and true Club World Cup where the best clubs will compete.” FIFA President Gianni Infantino said.
FIFA Club World Cup currently features seven teams, the winner from each confederation's major continental tournament as well as the host nation’s League champion.
FIFA President added "It will allow us to generate significant revenues but I want to underline this, very, very clearly ... FIFA will have zero out of this because we will reinvest this in football."