Players and clubs won't participate in that tournament," Ancelotti said. "One single Real Madrid game is worth €20 million, and FIFA want to give us that amount for the entire competition. Negative.
The revamped FIFA Club World Cup is the flagship initiative for world football's governing body, as they look to replicate the success of club competitions such as the Champions League and the Copa Libertadores.
The tournament has faced criticism from domestic leagues and players' unions, who argue that players are being overworked.
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