Mumbai to host Champions League final

Teams participating in Champions League Australia: Western Australia, Victoria India: Rajasthan Royals, Chennai Super Kings South Africa: Titans, Dolphins England: Middlesex Pakistan: To be decided Schedule December 3 - 10

Mumbai has been picked as the venue for the Champions League final on December 10. The domestic Twenty20 winners and runners-up from India, Australia and South Africa and Twenty20 champions from Pakistan and England will participate in the eight-day tournament, which is also to have venues in Bangalore and Chennai.

The eight teams will be divided in to groups of four and the leaders of Group A will meet the runners-up of Group B and vice versa in semi-finals.

The prize money up for grabs for the tournament is US$6 million, which is five times what the Rajasthan Royals got for winning the IPL earlier this year. The Champions League organisers had earlier announced a prize pool of $5 million but that has now been raised.

"In the Champions League Twenty20, I believe we have a concept that will inspire and motivate the future generations of club, state and county cricketers, while accelerating the development of the game globally," Lalit Modi said. "I am confident that this will be a true global event the scale of which the cricketing world has not seen outside of the World Cups." ESPN has bagged the commercial rights for the tournament for $975 million.

Next year the format will be extended to accomodate 12 teams and will take place between September 25 and October 10 .

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