Fifa ready to discuss staging 48-team Club World Cup after lobbying from Europe

Big clubs concerned they are missing out financially

Fifa could give winners of first 32-team event £93.2m

Fifa will hold a consultation about expanding the Club World Cup to 48 teams in 2029 if this summer’s edition is successful, after lobbying from clubs who failed to qualify for the new $1bn ( £740m) tournament.

The 32-team competition kicks off in the US on Saturday and the winners will receive up to $125.8m in participation and prize money for playing seven matches. That is about £25m less than Paris Saint-Germain banked from Uefa for their 17-game Champions League-winning campaign, leading to concerns from clubs who have missed out.