Bhubaneswar, June 26 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/BCCI_1750940892.webp

Saudi Arabia's SRJ Sports Investments has pledged to inject USD 400m to set up a new global T20 league that would have eight teams playing four tournaments in different locations each year in a set-up that has been compared to tennis' Grand Slams.

However, it has been learnt that the ambitious Saudi T20 league, which is believed to be a USD 400 million project, won't be backed by the BCCI or the England and Wales Cricket Board.

As per reports, ECB and BCCI have joined hands to thwart the global T20 league backed by Saudi Arabia as they try to protect their respective flagship tourneys from getting diluted.

"During discussions at the W...