The world soccer body said the 12 teams that were to play in Spain this year would receive $750,000 each in compensation. The governing body of Spanish soccer will receive $1 million.
Teams entered were: Boca Juniors (Argentina), Deportivo (Spain), Wollongong (Australia), Zamalek (Egypt), Palmeiras (Brazil), Olimpia (Honduras), Galatasaray (Turkey), Al-Hilal (Saudi Arabia), Real Madrid (Spain), Jubilo Iwata (Japan), Hearts of Oak (Ghana), Galaxy (United States).
FIFA will decide on the format and host nation during a Dec. 1 meeting in South Korea.
FIFA said the tournament would be held between mid-January and mid-February, or mid-July and mid-August. In addition to Spain, other candidates include: Australia, Egypt, England, Iran, Japan, Mexico, Qatar, Saudi Arabia, Tunisia, Uruguay and the United States.