Link #1 Link #2 Seriously, they should just hold the tournament without the European teams, that way everybody will be happy.
Who Want to play in that tournament? What For?? To prove what??? Europe and South American has the Intercontinental Cup which has been played since 1960! Let the Other confederation wrestle with it.
I think all of this ties into WC allocation, etc. Not directly but when you think of the "global" approach FIFA has been taking. It hasn't really been fair to established federations and leagues at all. In fact, the only thing FIFA's been successful at thus far is pissing them off.