SA, India and Aus in Twenty20

The Champions Twenty20 League will be a collaboration by the three cricketing boards to build on the success of their domestic Twenty20 leagues in an effort to accelerate the development of cricket globally.

Importantly, this would mark the introduction of a long-awaited football-style Champions League format for cricket, which will pit the best-of-the-best clubs in domestic cricket globally against each other.

The ten-day inaugural tournament will be played from Sept 29 to Oct 8. The eight teams will be representing the finalists in the various domestic leagues, as per regulations of the League.

The eight teams will play 15 matches in the inaugural Champions Twenty20. The number will move up to 12 teams playing 23 matches from year two.

The eight teams will be divided into two groups of four teams each. After the preliminary league matches, the top two teams from each group will qualify for the semi-finals and their winners will clash in the grand finale.

Teams will be competing for a prize pool of $6m in the Champions Twenty20.