Major professional sports leagues in the United States and Canada to compete, with the provision that the Stanley Cup winners were to be recognized as "World's Champions". The phrase was repeatedly engraved on the Cup, and continued to be used, when the NHL began admitting American franchises. When the NHL assumed formal control of the Cup in 1947, the resulting agreement required "that the winners of this trophy shall be the acknowledged World's Professional Hockey Champions" (in contrast to the IIHF's Ice Hockey World Championships, at the time contested only by amateurs). When the World Hockey Association commenced play in the 1970s, they sought to challenge for the Stanley Cup,
Trophy current FIFA World Cup trophy inscribe the names of the teams that won the award at the underneath the base of the trophy. A club that manages to win the Copa Libertadores trophy three consecutive times retain the trophy permanently. The current trophy has been used since 1975. Like the FIFA World Cup trophy, the winners of each edition of the tournament has their name inscribed on the trophy; unlike the FIFA World Cup trophy, a pedestal contains a list of winners in the form of badges. The current pedestal is the fourth in the trophy's history, having been used