 Complete the following phrase:  The first FIFA Club World Championship took place in Brazil in 2000. but the failure of ISL caused FIFA to discontinue the tournament and cancel the following year competition to be held in Spain. This first failed instalment ran parallel with the Intercontinental Cup also known as EuropeanSouth American Cup, a competition organised jointly by the Union of European Football Associations UEFA and the Confederación Sudamericana de Fútbol CONMEBOL first disputed in 1960 by the winners of the European Champions Cup and the Copa Libertadores. FIFA finally managed to buy the prestigious Japanese Event and in 2005, after the Intercontinental Cups 