The first edition of the tournament took place in 2007. Dutch club PSV Eindhoven won the title after beating Real Madrid 2-1 in the final. PSV Eindhoven beat Italian giants AC Milan 4-3 on penalties after a goalless draw, in the first semi-final, while Real Madrid managed to come back from two goals down after the first half to beat the hosts Lokomotiv Moscow 5-2. In the third place playoff, AC Milan scored twice in the last ten minutes to draw with Lokomotiv Moscow 3-3. The Italians went on to claim the third place after beating the Russian club 5-4 on penalties.