Is it possible to set up your own private tournament between friends without being apart of a clan or club??

No, it is not possible.

Just create an exclusive club for your friends for now.

Thanks for the reply. Both friends are non subscribers so don't think they can join a club.
Thank you anyway,
Hopefully we can set up private tournaments sometime in the future.
Regards,
Beeny.

i think its possible in a way , just send challenges to your friends only . but you won't get a cup or something from 'the red pawn ' .