The Champions League Twenty20, also referred to as the CLT20, is an annual international Twenty20 cricket competition played between the top domestic teams from major cricketing nations. The competition was launched in 2008 with the first edition held in October 2009. It is jointly owned by the BCCI, Cricket Australia and Cricket South Africa, and is chaired by N. Srinivasan, who is also the president of the BCCI.
The tournament is held between September and October for a period of two to three weeks in either India or South Africa. It has a total prize pool of US$6 million, with the winning team receiving $2.5 million, the highest for a club cricket tournament in history. The current format involves the best teams from the premier Twenty20 competititons of the top-eight Test-playing nations, favouring the teams from India, Australia and South Africa.
Read more about Champions League Twenty20: Reception and Impact, Format, Tournament Results, Statistics and Records, Media Coverage
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