I did know this competition was starting coming week already.

This competition is held every year. I think the winner from Europe almost always wins. What strikes me is that the differences in power are normally not that great. That says something about the strength in the competition in South America. I thought Liverpool only won after an extension last year. It is strange that it is the world club championship of 2020, while it will be played in 2021. That could have to do with Corona.