Dubai, Sep 12 (UNI) The vice president, BCCI and the man behind the highly successful inagural Indian Premier League, Lalit Modi, was today appointed as the Chairman of the board of the Champions League Twenty20.
The decision was taken at a meeting of the three founding member boards- the Board of Control for Cricket in India, Cricket Australia and Cricket South Africa.
The inaugural Champions League Twenty20 season will be held from December 3 to 10 this year.
Eight teams, consisting of the reigning winners and runners-up from the domestic Twenty20 competitions in India, Australia and South Africa, plus the winners of 2008 Twenty20 championships (to be held in October 2008) from Pakistan, and the reigning Twenty20 Cup champion from England, Middlesex, have been invited to contest the 6 million dollar prize money Champions League Twenty20.
The tournament will be contested by 12 teams in year two between September 25 and October 10, 2009.
The Governing Council of the event together with its founding cricket boards believes that the 6 million prize money to be shared by teams and players will ensure that the benefits of the event will foster cricket's development by injecting new funding into domestic-level cricket and at the same time will handsomely reward domestic-level cricketers and provide a unique opportunity for a higher public profile for players at the level below international cricket.
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