FIFA plans to grant China the rights to host the inaugural version of its expanded Club World Cup, a 24-team tournament scheduled for 2021 that will feature some of the world’s biggest club teams and provide a significant cash infusion for world soccer’s governing body.

The decision to award the hosting rights to China will be announced on Friday in Shanghai after it is confirmed in a vote of FIFA’s governing council at its quarterly meeting, according to several soccer officials with knowledge of the council’s intentions. European soccer officials, who had strongly opposed an expanded tournament for clubs when the plans were raised, now appear set to go along, and to provide a third of the teams in the expanded tournament.

The new quadrennial event, announced in March, will replace the unpopular Confederations Cup, an eight-team national tournament that in recent versions had acted as a tuneup for World Cup hosts. It also will mean the demise of the Club World Cup as an annual event; under its current format, seven teams will play in Qatar, the 2022 World Cup host, both this year and next year.

In choosing China as the first host of the expanded Club World Cup, FIFA will be rewarding a country that, since a 2015 government edict made soccer a national priority, has spent billions of dollars on coaching programs, sponsorship agreements and investments in a big spending domestic league that has lured top players with some of the biggest salaries in world soccer. Hosting the new club championship also could be a boost for a Chinese bid to host the 2030 World Cup, but it also will force FIFA to navigate the same tricky political ground that recently caused serious damage to the N.B.A.’s commercial relationship with China.