The tournament was due to be held this November and December but CSA shelved it until November 2018.

It is thought the lack of a broadcast deal and title sponsor led to the CSA's decision, which has been criticised by the South African Cricketers' Association (SACA).

According to British newspaper The Times, Supersport had been earmarked as the chosen South African broadcaster of the new event.

Discussions between the parties involved remain ongoing but it is believed the rights might be sold off at a cheaper price than initially required.

In a statement, CSA confirmed their Board had approved the "commencement of a broad scope investigation into the internal processes on all aspects of the Twenty20 Global League, as undertaken by various parties during the period of the establishment of the league".

"The scope of the investigation will in principle cover the planning and execution of the T20 Global League with specific focus on, inter alia, aspects of governance, agreements concluded, payments, staff recruitment, authorisation and delegation of authority, league development strategy, decision making etc," the statement read.

The CSA Board will then "consider its options" once the investigation has been completed.

The SACA called for players who were supposed to play in the League, many of whom had entered into lucrative contracts with the proposed clubs involved, to be compensated following the postponement of the competition, which had been due to feature eight-privately owned teams.