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The International Cricket Council’s grip on the sport is under threat from a proposed global Twenty20 tournament which organisers believe could be worth billions of pounds.
Plans for the new competition, which would be operated by a rival governing body to the ICC, are backed by the Indian conglomerate Essel Group, which owns the satellite broadcaster Zee TV. The plans are “60  per cent” complete according to one source, who claimed that “billions and billions” of dollars are available to establish cricket boards in countries around the world to challenge the established order. A website domain, globalt20.com, has been registered this month and follows news last week that companies in Australia, New Zealand and Scotland have been formed with names similar to cricket boards in those countries.
In total more than 249 website domains have been registered to cover countries and associations that could be affiliated to the new governing body. A world league could then be launched with new markets such as the United States and China targeted along with traditional cricket playing countries.
The backers of the project are confident that they can attract interest from wealthy sports franchise owners looking to tap into cricket’s popularity in Asia and potential for growth in countries with large expat communities from the subcontinent, such as the US.

http://www.telegraph.co.uk/sport/cri...eak-cover.html