The winner of the Club World Cup receives the FIFA Club World Cup trophy and a FIFA World Champions certificate. In 2005, the Intercontinental Cup was merged with the FIFA Club World Championship, and in 2006, the tournament was renamed as the FIFA Club World Cup. It ran in parallel with the Intercontinental Cup, a competition played by the winners of the UEFA Champions League and the Copa Libertadores, from 2000 to 2004, with the champions of each tournament both recognised (in 2017) by FIFA as club world champions. The first FIFA Club World Championship took place in Brazil in 2000. Views differ as to the cup's prestige: it struggles to attract interest in most of Europe, and is the object of heated debate in South America. It was not held from 2001 to 2004 due to a combination of factors, most importantly the collapse of FIFA's marketing partner International Sport and Leisure (ISL), but since 2005 it has been held every year, and has been hosted by Brazil, Japan, the United Arab Emirates, Morocco and Qatar. The competition was first contested in 2000 as the FIFA Club World Championship.
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