The decision to bring back the annual tournament, which was last played three years ago, will anger a number of clubs whose match schedules are already tight.
The participation of English champions Manchester United in the last event forced the club to withdraw from the English FA Cup domestic competition due to an overcrowded schedule.
The next World Club Championship, scheduled for July 2005, is likely to take place in the US and will comprise of 16 of the best clubs from around the world.
Although its scheduling in July will avoid clashing with the European domestic league season, it will impact on many of the lucrative summer tours that the clubs have lined up as a way of boosting their fan bases.
With the Confederations Cup scheduled to take place in June 2005 in Germany as a dress rehearsal for the following year's World Cup, the match schedule is becoming increasingly tight.
World soccer governing body FIFA has voted to reintroduce the controversial World Club Championship in 2005.
