The Italian stated in an interview that the club would snub next year's expanded tournament, forcing Los Blancos to issue an official statement.

Real Madrid fans were treated to a shocking claim from their manager regarding next year's FIFA Club World. According to Carlo Ancelotti, the UEFA Champions League holders would not compete in the expanded 32-team tournament in the USA.

Il Giornale interviewed the Italian manager, who shockingly revealed that Los Blancos will play no part in that competition, arguing that the financial incentive was lackluster for a team of Real Madrid's stature.

"FIFA can forget it. The club and the footballers won't participate in that tournament," Ancelotti told the Italian newspaper. "One Real Madrid game is worth 20 million [euros], and FIFA wants to give us that sum for the entire tournament. No way. Like us, other clubs will refuse the invitation."

However, this interview from Ancelotti has forced Real Madrid to issue an official statement regarding this matter. The club distanced themselves from their manager's claim, revealing that they will in fact participate in next year's competition.

"Real Madrid C. F. would like to announce that at no time has there been any question regarding our participation in the new Club World Cup to be organized by FIFA in the coming 2024/2025 season," the statement read.

"Our club will therefore take part, as planned, in this official competition and we are proud and excited to be involved in it and we will once again inspire our millions of fans all over the world with another trophy."

Additionally, Ancelotti took to X (formerly Twitter) to walk back his statement after it garnered controversy, arguing that the quotes were not as he intended.

"In my interview with Il Giornale, my words about the FIFA Club World Cup were not interpreted in the way I intended," the iconic tactician wrote on his official account.

"Nothing could be further from my interest than to reject the possibility of playing in a tournament that I consider could be a great opportunity to continue fighting for big titles with Real Madrid."

This will be a huge boost for FIFA in their attempt to get the revamped Club World Cup up and running in roughly a year. Sponsors and broadcasters have not yet been secured, and with that in mind, losing the most attractive club in world football would have been a huge blow.

A total of 32 teams have qualified for the event, which will be held in the USA. UEFA is the most represented federation, with 12 European clubs set to take part. This includes Premier League giants Chelsea and Manchester City.