Liverpool are set to be asked to take part in a new Club World Cup format which will take place every four years from 2021.
Uefa is reported to be unhappy with the proposal, its chief concern being that Fifa's new Club World Cup could have a detrimental impact on its hugely lucrative Champions League.
Plans are said to be in place to introduce the quadrennial tournament from June 2021, which could be worth more than £100m for those involved.
In the report it's added half of the teams involved would be from European football, with the criteria for invitation that the club has won the European Cup on three or more occasions. Teams like Manchester City, Arsenal, Chelsea and Atletico Madrid would potentially be in contention to take part.
Clubs could earn up to £100 million from participating in the tournament which is backed by a consortium led by Japanese company SoftBank. Some domestic competitions, including the English Premier League, are also said to be firmly opposed to the idea. Sponsors from the United Arab Emirates, Japan and Saudi Arabia would reportedly bankroll the winnings. The Swiss-born Italian is looking to call an emergency FIFA Council meeting for around June 1. It is expected to replace the existing tournament - which takes place on an annual basis - and the Confederations Cup.
The council, chaired by UEFA president Aleksander Ceferin, brings together the European Club Association (ECA), the recently renamed European Leagues (EPFL) and the players' union (FIFPro).
The competition has the potential to be a real game-changer for European club football. So if run correctly, then I think Liverpool should consider the offer.