Friday , June 21 2024
FIFA

FIFA Club World Club: Madrid won’t attend, prize money small – Ancelotti

Real Madrid manager Carlo Ancelotti has declared that the Spanish giants will reject the invitation to participate in the upcoming FIFA World Club Cup, citing dissatisfaction with the competition’s prize money.

Speaking to Italian newspaper Il Giornale, Ancelotti did not mince words, stating, “Real Madrid will NOT go to the FIFA World Club, we will reject the invitation like other clubs.”

The Italian tactician further explained the club’s stance, revealing the stark financial disparity between the tournament’s prize money and the revenue generated by a single Real Madrid match.

“Just one single Real Madrid match is worth €20m, and they want to give us that money for the whole competition… no way. Negative,” Ancelotti told Il Giornale.

The FIFA Club World Cup is an annual international club football competition organized by FIFA, the sport’s global governing body. It features the champions from each of the six continental confederations (UEFA, CONMEBOL, CONCACAF, AFC, CAF, and OFC), along with the host nation’s domestic league champions.

The tournament follows a straight knockout format over two weeks, with the champions from Oceania facing the host nation’s champions in a play-off. The winners join the champions from Asia, Africa, and North America in the quarter-finals. The European and South American champions enter at the semi-final stage.

The Champions League winners 2024 holds the record for most titles with five wins. Spanish clubs have been the most successful with eight titles, while English clubs have won the tournament four times. The current champions are Manchester City, who defeated Fluminense 4-0 in the 2023 final.


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