Real Madrid will decline FIFA's invitation to participate in the Club World Cup as the governing body have undervalued the compensation the 15-times Champions League winners should receive, manager Carlo Ancelotti said.
FIFA's revamped international tournament, with 32 teams, is set to take place in the United States at the end of next season, with Europe's best-ranked 12 clubs among those invited.
Ancelotti, one of the most successful football managers in Europe, has won the Club World Cup three times and the Champions League five times.
"FIFA can forget it, footballers and clubs will not participate in that tournament," Ancelotti told Italian daily Il Giornale in an interview published on Monday to coincide with his 65th birthday.
"A single Real Madrid match is worth 20 million and FIFA wants to give us that amount for the whole cup. Negative. Like us, other clubs will refuse the invitation."
Ancelotti, who led Real to a Champions League and LaLiga double last season, said there had been a lot of pressure on managers lately but he had managed to stay passionate about his job.
"I see nothing particularly new, this has always been our job but the case of (former Liverpool manager Juergen) Klopp is significant. The pressure continues, the burden of responsibility becomes too heavy, obsession takes over," he said.
With all three European club competitions expanded to 36 teams from next season, the Club World Cup has come under scrutiny for saturating the football calendar.
In May, FIFA said they would not consider rescheduling their 32-team Club World Cup after global players' union FIFPRO and the World Leagues Association (WLA) threatened legal action if they did not review their plans.
Valencia fans convicted for racist abuse against Vinicius Jr
Three Valencia football fans were sentenced to eight months in prison on Monday for hate crimes against Real Madrid player Vinicius Jr, the first conviction for racist insults in a soccer stadium in Spain, LaLiga announced.
"This ruling is great news for the fight against racism in Spain as it repairs the damage suffered by Vinicius Jr and sends a clear message to those people who go to a football stadium to insult that LaLiga will identify them, report them and there will be criminal consequences for them," LaLiga president Javier Tebas said.
The three supporters were also banned from entering football stadiums for two years.
The events happened at Valencia's Mestalla stadium in May last year, when racist slurs were hurled at Vinicius, who is Black, during a league match.
They led to an outpouring of support for the Brazilian forward and galvanised a series of local and international campaigns, including the creation of a FIFA anti-racism committee made up of players.
"During the hearing, the defendants read a letter of apology to Vinicius Jr, LaLiga and Real Madrid," LaLiga said in a statement on Monday.
Sixteen incidents of racist abuse against Vinicius have been reported to Spanish prosecutors by LaLiga in the last two seasons.
In March, Vinicius broke down in tears at a press conference and said he was struggling to stay motivated and enjoy playing football due to the recurring abuse, urging Spanish