The new Club World Championship format will take place in 2021. The current format will be abolished, paving the way for a more extensive tournament that gains more money and is more attractive.
According to "The New York Times", FIFA has practically already decided the next location for the championship, which will take place between the 17th June and 4th July 2021.
The location where 24 teams will fight it out to be the best club in the world will be China, a decision that could be made official on 24th October in Shanghai.
With regards to the allocated spots, 8 will be for UEFA; 6 for CONMEBOL; 3 for AFC, CAF, and CONCACAF, and 1 for Oceania.