Royal Challengers Bangalore and Deccan Chargers, the finalists in the second
edition of the IPL, and Delhi Daredevils, the top team of the league stage, will
compete against the top two domestic T20 teams from South Africa, England,
Australia and the domestic T20 champions from New Zealand, West Indies and Sri
Lanka.
The teams will be divided into four groups of three each and initially play each other on a league basis. The top two teams from each group qualify for the
second stage and four teams from the second stage make it to the semi-finals.
The tournament will witness 23 matches.
Domestic finalists and winners include Victoria and New South Wales (Australia), Cape Cobras and Eagles (South Africa), Otago (New Zealand), Trinidad and Tobago (West Indies), Wayamba (Sri Lanka). Sussex and Somerset (England).
The tournament carries a prize pool of US $6 million.
An initiative of three founding members - the Board of Control for Cricket in
India, Cricket Australia and Cricket South Africa - the Champions League
Twenty20 is a platform where the best-of-the-best in domestic club cricket in
the world will get the opportunity to pit their cricketing skills against each
other.
ESPN-STAR Sports hold the commercial rights for the tournament for 10 years.
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