 It was not held between 2001 and 2004 due to a combination of factors, most importantly the collapse of FIFA's marketing partner International Sport and Leisure.Following a change in format which saw the FIFA Club World Championship absorb the Intercontinental Cup, it was relaunched in 2005 and took its current name the season afterwards.The current format of the tournament involves seven teams competing for the title at venues within the host nation over a period of about two weeks; the winners of that year's edition of the Asian AFC Champions League, African CAF Champions League, North American CONCACAF Champions League, South American Copa Libertadores, Oceanian OFC Champions League and European UEFA Champions League, along with the host nation's national champion, participate in a straight knock-out tournament.