The Champions League Twenty20 was an international Twenty20 cricket competition. The competition was launched in 2008 with the first edition held in October 2009. The tournament was held between September and October for a period of two to three weeks in either India or South Africa. It had a total prize pool of US$6 million, with the winning team receiving USD 2. 5 million. The 2014 Champions League 2020 was the last series of the tournament.
About Champions League Twenty20 in brief
The Champions League Twenty20 was an international Twenty20 cricket competition. The competition was launched in 2008 with the first edition held in October 2009. The tournament was held between September and October for a period of two to three weeks in either India or South Africa. It had a total prize pool of US$6 million, with the winning team receiving USD 2. 5 million, the highest for a club cricket tournament in history. Owing to poor viewership, lack of audience interest, unstable sponsorships and lack of other necessary factors, the three founding cricket boards announced on 15 July 2015 that the tournament would be scrapped. The 2014 Champions League 2020 was the last series of the tournament. It was jointly owned by the BCCI, Cricket Australia and Cricket South Africa, and was chaired by N. Srinivasan, who was also the chairman of the ICC. The format involved the best teams from the premier Twenty20 competitions of eight Test-playing nations, favouring the teams from India, Australia and South African. The ICC World Twenty20, the Twenty20 version of the Cricket World Cup, was first held in September 2007. The International 20: 20 Club Championship was held in 2005 and featured domestic Twenty20 teams from three countries. In 2008, the Indian Premier League was launched and achieved revolutionary success and popularity. The IPL has top cricketers and coaches from around the world; a franchise system where the eight teams auctioned for a combined USD 723 million, several of which are owned by Bollywood superstars; loyal team support from fans, and; large support from sponsorship.
The first edition of the CLT20 received strong support from its organisers, and it was successfully held as the 2009 edition. The second edition was reschedule to be held in late 2009 with the organisers attempted again to reshedule it to early 2009, when it was finally pushed to September 2009. Ahead of the third edition, Bharti Airtel paid USD 900million for the global broadcasting rights to every 10 years of every cricket match for ten years, a comparable deal to the Sony Entertainment Television and World Sport Group purchased the rights to the IPL for USD 1.26billion for 10 years. The third edition was held on November 13, 2009, and the fourth edition was on November 14, 2009. It featured two teams from each country, with one team from England and USD 6 million in prize money. The fifth and final edition was scheduled for November 10, 2010, but was postponed due to problems with the International Cricket Council over the clash with the ICC Champions Trophy. This was the first time the tournament had been held in India and South Africa at the same time. The sixth and final tournament was scheduled to take place on November 15, 2011, with a team from South Africa and India playing each other in the final.
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This page is based on the article Champions League Twenty20 published in Wikipedia (as of Nov. 28, 2020) and was automatically summarized using artificial intelligence.
