International cricket
In addition to the one-day series and tournaments organised by the nations themselves, the ICC organises two One Day International tournaments. The World Cup is held every four years; it involves all the Test-playing nations and a number of teams advancing from the immediately preceding ICC World Cup Qualifier. The ICC Champions Trophy, previously known as the ICC Knockout Cup, is a shorter tournament held every four years in between World Cups. The ICC also organises a T20 International tournament, the ICC World Twenty20, which is generally held every two years and, as in the latest competition, involves the ten full ICC members and six associate members who qualified through a qualifier competition, the ICC World Twenty20 Qualifier.
International Cricket Council
The ICC has no income streams from the bilateral international cricket matches (Test matches, One Day International and Twenty20 Internationals), that account for the great majority of the international playing schedule, as they are owned and run by its members. It has sought to create other new events to augment its World Cup revenues. These include the ICC Champions Trophy and the ICC Super Series played in Australia in 2005. However these events have not been as successful as the ICC hoped. The Super Series was widely seen as a failure and is not expected to be repeated, and India called for the Champions Trophy to be scrapped in 2006. The Champions Trophy 2004 event was referred to in "Wisden 2005" by the editor as a "turkey of a tournament" and a "fiasco"; although the 2006 edition was seen as a greater success due to a new format.