MLS offers LA tournament for World Club hopefuls

The MLS has proposed that its LA Galaxy club host a new version of the scrapped World Club championship in July and August.

FIFA axed the second edition of its World Club tournament last week after the bankruptcy of its marketing partner ISL. The LA Galaxy were one of twelve clubs taking part in the Spanish competition with prize money of $40 million and FIFA has already promised to compensate the clubs for not taking part. That compensation though is likely to be a fraction of the prize money on offer for the title won last year by Sao Paolo club Corinthians.

FIFA under president Sepp Blatter was heavily involved with ISL whose parent company ISMM folded last week with debts of £280 million. FIFA could end up with a £40 million bill for its share of failed television and marketing contracts of which the World Club tournament was one.