Fifa will expand the Club World Cup to 32 teams for the first time this summer at an event to take place every four years

FIFA is set to distribute more than $1 billion in revenue to clubs participating in the upcoming Club World Cup, as the European Club Association (ECA), representing major European clubs like Chelsea and Manchester City, nears an agreement.

Sources have confirmed to BBC Sport that the 32 teams involved, including 12 from Europe, will share what is expected to be the largest revenue pool in the history of club football tournaments.

This funding is partly based on the $1 billion exclusive global TV deal FIFA secured with sports streaming service DAZN in December.

The inaugural 32-team tournament will take place in the United States, starting on June 14 and concluding with the final in New Jersey on July 13.

Clubs will receive participation fees for entering the group stage, along with performance bonuses based on their progress to later rounds.

In addition, FIFA and the ECA are in discussions about providing substantial solidarity payments to non-participating clubs, with plans for similar distributions to clubs in Africa, Asia, and the Americas in the future.

Neither FIFA nor the ECA have publicly commented on the ongoing negotiations.

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