It was announced in February last year that Saudi Arabia will host a four-team competition for the Super Cup, replacing the existing two-team format.
As such, last season's Copa del Rey winners Valencia face La Liga third place Real Madrid in Saudi Arabia, to much controversy.
Due to concerns about the Middle Eastern country's human rights record, no Spanish television operators bid to broadcast the competition.
Spanish newspaper ABC claimed that the Royal Spanish Football Federation will pocket £29-34m per season thanks to the deal to host the Spanish Super Cup semi-finals and final in Saudi Arabia until 2022. Here is everything you need to know:
When is it?
The match kicks off at 19:00 GMT on Wednesday 8 January at King Abdullah Sports City. The final is at 18:00 on Sunday 12 January at the same venue.
How can I watch it?
The match is not available to watch in either Spain or the UK. Spanish television broadcasters decided to boycott the Spanish Super Cup following the controversial decision to host the tournament in Saudi Arabia.
Valencia: Domenech, Wass, Garay, Gabriel Paulista, Gaya, Coquelin, Kondogbia, Parejo, Soler, Torres, Gameiro
Real Madrid: Courtois, Carvajal, Ramos, Varane, Mendy, Casemiro, Valverde, Kroos, Modric, Isco, Jovic
Zinedine Zidane may welcome Sergio Ramos back to the side after the captain missed Real Madrid's victory over Getafe through suspension. However, Eden Hazard has not travelled to Saudi Arabia due to an ankle injury and Marcelo, James Rodriguez and Lucas Vazquez are doubts for Los Blancos.
Valencia manager Albert Celades is without Lee Kang-in, Cristiano Piccini, Goncalo Guedes and Manu Vallejo.
Nothing separated the sides in December and this should be another closely-contested clash, but Real Madrid's quality should be enough to earn them a place in the final.
Valencia 0-2 Real Madrid