South Africa to host Champions League T20 in October

South Africa will host the fourth season of the Champions League Twenty20 contest, which an annual international Twenty20 cricket tournament between the top domestic teams from major cricketing nation.  Champions League T20 is jointly owned by the BCCI, Cricket Australia and Cricket South Africa.

The Champions League T20 fourth season to be held between September and October for a period of two to three weeks in South Africa, with Cape Town, Johannesburg, Centurion and Durban as the venues.  The main committee of the CLT20 had met previous month in an attempt to decide the format and location of this season’s tournament, but hadn’t been able to arrive at a result.

India had hosted the event in the additional two years, and was originally frontrunners to hold the competition in 2012 as well. South Africa first hosted in 2010 but since then, India had been the first preference for hosting.

The tournament was founded by the BCCI, Cricket Australia and Cricket South Africa with one team from England and $6 million in prize money. Every version has featured teams from India, Australia, South Africa, New Zealand, the West Indies and Sri Lanka.

Champions League T20 prize money :

$2.5 million – Winners
$1.3 million – Runners-up
$500,000 – Losers in semi-finals
$200,000 – Teams eliminated in the group stage