After limited interest from the public, the Champions League Twenty20 has been cancelled.
The Champions League Twenty20 has been discontinued with immediate effect due to dwindling interest from fans.
The competition - which is jointly organised by the Board of Control for Cricket in India, Cricket Australia (CA) and Cricket South Africa - was first held in 2009 with the best teams from each of those nations' domestic T20 leagues taking part.
All three boards made a unanimous decision to cancel the tournament, meaning that the 2015 Champions League T20 that was scheduled for September and October will not go ahead.
Despite the ending of the format, CA's executive general manager operations, Mike McKenna, is hopeful of reviving a similar concept in the future.
"We still believe there is genuine value in this concept," McKenna said in a statement on CA's official website..
"That may require different thinking and a fresh approach, but we are committed to exploring new opportunities to deliver on the original objective of the Champions League which was to provide further context and meaning for domestic T20 competitions around the world and opportunities for players to experience high-level competition in a different environment.
"There is an established period of time to stage an event of this nature in September and October of each year, and it is about identifying a model that works for the long-term."