I think the new Club World Cup is, unpleasant as it may be, a major trophy. You have to play seven games and the winner gets £100 million. The new Intercontinental Cup can still be classed as a minor trophy as European teams only have to win one match.
I suppose I have to concede this one, as you say unpleasant as it may be. Is the Intercontinental Cup the thing that FIFA still do between Europe and South America every year apart from the Club World Cup year? I’m so lost on how this is developing, bloody FIFA.
The Intercontinental Cup was an annual tie between the Champions of Europe and South America. It's the one in which we lost against Peñarol in 1982.
In 2000, FIFA introduced the Club World Cup, an eight team tournament with a group stage. The one that Man U played in when they withdrew from the FA Cup. This was supposed to be the start of a new annual tournament but clubs could never find room in the calendar for it.
The Intercontinental carried on until 2004.
In 2005, FIFA introduced an updated Club World Cup featuring all the continental champions plus the champions of the host nation, with the European Champions receiving a bye to the semis. The Intercontinental Cup was scrapped.
2024 saw the Club World Cup expanded to 32 teams and changed to a once every four years tournament.
So that there would still be an annual tournament for confederation champions, FIFA created a new competition, the FIFA Intercontinental Cup. While having a similar name, this is classed as a separate competion from the "old" Intercontinental Cup. The format is the same as the 2005-2023 Club World Cup except that European teams now receive a bye to the final rather than the semi.
To add to the confusion, the old Intercontinental Cup was quite often known, informally, as "the Club World Cup" even though it never had this title officially, and both the Intercontinental Cup
and Club World Cup were played in 1999/2000.