The first Champions League will be played in India this year, said Lalit Modi, the Indian Cricket Board (BCCI) official and the Indian Premier League (IPL) commissioner on Monday.
The matches will be played in three venues - Jaipur, New Delhi and Mohali from September 29 to October 8.
Eight teams are expected to participate in the event that will include the teams securing the first and the second positions in the domestic Twenty20 events of South Africa and Australia, besides the winner and runners-up of the IPL.
Apart from this, one team from Pakistan will also take part in the tournament and the PCB has ensured its complete cooperation in this regard.
However, because of the differences that occurred between the India and the England boards on some administrative matters of the Champions League, no team from England is likely to take part in the competition.
But Modi is not too worried about the issue and confirmed if no team comes from England then any team from Sri Lanka or New Zealand would fill the gap.
The details of the event is scheduled to be finalised in Mumbai on Wednesday at a meeting that is suppose to be attended by officials from the BCCI, Cricket South Africa (CSA) and Cricket Australia (CA).
The idea of the Champions League was first proposed by the Board of Control for Cricket in India when they launched the Indian Premier League. The Champions League is supposed to be an annual event which will have two domestic teams from each Test-playing nation competing in the competition.