Real Madrid will not participate in Club World Cup, says Ancelotti

Real Madrid manager Carlo Ancelotti said the club will not participate in FIFA’s revamped 32-team Club World Cup, claiming the compensation offered is too low for a club of Real’s stature. Ancelotti, who has won the tournament three times, said “a single Real Madrid match is worth 20 million and FIFA wants to give us that amount for the whole cup.” He expects other top European clubs to also decline the invitation amid concerns over an overcrowded calendar.