 Complete the following phrase:  Created in 1960 at the initiative of the European confederation UEFA, with CONMEBOLs support, the EuropeanSouth American Cup, known also as the Intercontinental Cup, was contested by the holders of the European Champion Clubs Cup and the winners of its newly established South American equivalent, the Copa Libertadores. The competition was not endorsed by FIFA, and in 1961 FIFA refused to allow it to take place unless the participants gave it a private friendly match status. However, the competition went on regardless, with the endorsement of UEFA and CONMEBOL, both of whom include every edition of the competition in their records. It was the brainchild of UEFA president Henri Delaunay, who also helped Jules Rimet in the realisation of the inaugural FIFA World Cup in 1930. Initially played over two legs, with a third match if required in the early years when goal difference did not count, the competition had a rather turbulent existence. The 