FIBA to create World Club Championship

Apr 26, 2008 - 5:31 PM BEIJING, China (Ticker) -- FIBA, basketball's global governing body, has voted to create a World Club Championship in 2009.

The competition will feature eight clubs - two each from Europe and the Americas and one each from Africa, Asia and Oceania.

The continental champions and, where appropriate, the runners-up from each zone will be invited to participate.

The first World Club Championship will be played over a five-day period in the third week of October 2009 and bidding for host cities will be issued in June 2008