Federation Internationale de Football Association has proposed creating a 24-team Club World Cup tournament, to be staged every four years, as well as a Global Nations League which would culminate in an eight-team tournament - effectively a mini-World Cup - every two years.
The other 12 teams would be from outside of Europe, with at least four South American sides and a selection from Africa, Asia, North America and Oceania.
The Times reporter Martyn Ziegler claims that UEFA are furious at the proposal as they fear the new tournament could take some of the shine away from the Champions League, the company's main money supplier.
UEFA President Aleksander Ceferin was among the attendees at a meeting of the group.
Liverpool defender Trent Alexander-Arnold said club manager Juergen Klopp surprised him with the news of his inclusion in England's 23-man squad for the World Cup.
In particular, such proposals must be considered as part of a global reflection on the overall worldwide match calendar and can not be decided upon in isolation. The 19-year-old has had an impressive breakthrough campaign for Liverpool, featuring in nine Champions League matches, including the quarterfinal win over Manchester City and the semifinal victory against AS Roma, and 19 league games.
The competition was open to amateur players aged 13-16 and the winners were chosen by players of the Russian national team. Attendees included Manchester United Plc's Executive Vice Chairman Ed Woodward and FC Barcelona's President Josep Bartomeu, a person with knowledge of the matter said.
At present, the Club World Championship is held every year, but exclusively the strongest clubs in the continents as well as the reigning champion of the host country compete in this tournament.
The competition is now a seven-team tournament, held in December each year.