Also in 1973, French newspaper "L'Équipe", which helped to bring about the birth of the European Cup, volunteered to sponsor a Club World Cup contested by the champions of Europe, South America, Central and North America and Africa, the only continental club tournaments in existence at the time; the competition was to potentially take place in Paris between September and October 1974 with an eventual final to be held at the Parc des Princes. The proposal, supported by the South Americans, was dismissed due to the negativity of the Europeans. In 1974, João Havelange was elected FIFA president, having made the proposal, among others, of creating a multicontinental Club World Cup. In 1975, "L'Équipe" once again made its 1973 proposal, again to no avail.