FIFA to Create “Project Trophy” With the Richest Clubs in the World

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Representatives of the seven richest clubs in the world – Barcelona, Real Madrid, Manchester United, Manchester City, Juventus, Bayern Munich and Paris Saint-Germain – have recently met with FIFA officials to discuss plans for “Project Trophy”, a new form of Club World Cup, according to New York Times.

The secret meeting was arranged by FIFA president Gianni Infantino, who plans to sell an expanded version of FIFA’s annual Club World Cup to a consortium led by Japan’s SoftBank, which runs the world’s largest technology investment fund. Saudi Arabia and the United Arab Emirates are among the fund’s biggest backers. (via New York Times)

However, not much is known about the “Project Trophy”, as Infantino is keeping his plans shrouded in mystery, despite criticism from UEFA president Aleksandar Ceferin, who warned that FIFA could alienate itself from other top European clubs, including Liverpool, Roma, Atletico Madrid and others.

This caused FIFA to respond with a vague statement: “Today’s meeting allowed us to observe a real interest for a complete reform of the Club World Cup and the development of a new model of competition that would benefit the entire football community around the world.” (via New York Times)

The news comes after it appeared that the concept of European Super League, which would include only the best teams in the Europe, similar to Euroleague in basketball, finally failed once and for all, despite the ongoing efforts from Infantino to establish such a competition.

What do you think? Should FIFA establish this competition and sell their rights to it or should they scrap the plans?