Real and Juventus headline new U.S.-based tournament

European giants Real Madrid and Juventus are among eight leading clubs who will take part in the first edition of the tournament-style International Champions Cup in the United States starting in July.

Spanish giants Real and Italian champions Juventus will be joined by Inter Milan and Major League Soccer's L.A. Galaxy, tournament organisers said on Tuesday.

The United States has become a leading destination for European clubs to play lucrative pre-season friendly tours but the eight-team tournament, which will be held at venues across the country, promises to add a competitive edge.

RSE Ventures, headed by billionaire Stephen Ross, also owner of the National Football League's Miami Dolphins, say the tournament will differ from traditional pre-season friendlies by using a knock-out format and offering significant prize money.Real Madrid's director of institutional relations, Emilio Butragueno, said the format would stimulate the Spanish club's players.

"Playing for Real Madrid means, in any case, you have to win every match but playing a tournament is going to give the players something extra," he said.

Full details of the participating teams and venues are expected by next month but the final will be held in Miami, at the Dolphins' Sun Life Stadium, in early August.