FIFA president Gianni Infantino is pushing to revamp the Club World Cup, boosting it from seven clubs to 24 in a four-year format. At the moment it is played every year.

He also hopes to launch a biennial league tournament for nations, the Global Nations League.

Infantino says he has an offer of $25 billion over 12 years for the two competitions from a group of investors, which the Financial Times has identified as SoftBank from Japan and the governments of China and Saudi Arabia.

That is allowing FIFA to dangle enormous amounts of cash in front of the biggest clubs.

For the club competition alone the consortium “guarantees minimum revenues of $12 billion for the four editions from 2021 to 2033”, according to a document provided to AFP that FIFA presented to seven big European clubs including European Champions Real Madrid, Spanish champions Barcelona and German champions Bayern Munich.

The document states that 12 of the 24 teams in the competition would be European, four or five from South America, two each from the rest of the Americas, Asia, and Africa, leaving Oceania to battle for the last place with a South American team.

The winners of the four previous Champions Leagues would be guaranteed places and the European participants could make between $50 million and $80 million each.

Barcelona’s board of directors has already said the tournament would be “exciting, dynamic, inclusive and prestigious”, adding that it would “create a global platform for clubs to contribute to the growth of their brands.”

Emilio Butragueno, Real Madrid’s head of public relations, told his club’s TV station: “We think that for fans it could be a very interesting competition.”