Liverpool invited to play in new FIFA Club World Cup Competition for clubs which have won three European Cups or more could earn winners £100m By David Prentice 09:11, 16 MAY 2018 SPORT FIFA are ready to invite Liverpool to take part in a new 24-team Club World Cup to be held every four years and launching in 2021. The tournament would have 12 teams from Europe, with clubs who have won at least three European Cups the first to be invited. The tournament could earn participants more than £100million, but UEFA and the Premier League are furious with the proposal and will oppose the new competition. FIFA will push ahead with plans for the new tournament regardless, with the first to take place in June 2021. China is understood to have already expressed an interest in being the first host nation. READ MORE The Liverpool players who may have said their final goodbyes at Anfield The story was revealed exclusively by today's Times with Martyn Ziegler's report claiming first invitees would include Liverpool, Manchester United, Real Madrid, Barcelona, AC Milan, Bayern Munich, Ajax and Inter Milan. Juventus would also be invited on the basis of having won two European Cups and two Intercontinental titles. European Cup Final and Liverpool's Luis Garcia, Steven Gerrard and Vladimir Smicer during the Champions Leage Final in Istanbul 2005 (Image: Liverpool Echo) The three other European places would be selected by a separate process, so far undetermined, with other leading clubs such as Chelsea, Manchester City, Arsenal, Atletico Madrid, Paris Saint-Germain, Porto, Benfica, and Borussia Dortmund in the mix. Gianni Infantino, the FIFA president, is anxious to secure an agreement before the World Cup starts in Russia on June 14, and is expected to call an emergency FIFA Council meeting on or around June 1 to get the go-ahead. Infantino and his deputy secretary general, Zvonimir Boban, have already held talks with Manchester United, Manchester City and Real Madrid, and had a positive response. The 24 clubs would share a pot of $2 billion (about £1.5 billion), with the winner earning as much as £100 million and a guaranteed minimum £50 million. The new Club World Cup would replace the low-profile annual event that takes place in December and FIFA would also scrap the Confederations Cup, to ease fears that it would mean more demands on the top players.