But‚ in a release on Tuesday‚ Moroe was quoted as saying: "Having discussed it with all our stakeholders including the franchise owners‚ we believe that the interest of the league should be our first priority".
The postponement will create a six-week gap in the South African cricket calendar with no worldwide or domesic cricket on the schedule from 3 November until 12 December.
However, two weeks ago former chief executive Haroon Lorgat and CSA parted ways with Lorgat considered the mastermind behind the T20 Global League product. "We have re-assessed our strategy and believe that postponing the first edition of the T20 Global League to next year will serve us well", he added.
The T20 Global League was set to begin on November 3, but with less than a month left for its start, CSA was already under pressure after it was revealed that the board was set to suffer heavy financial losses in the first edition.
"Saca is well aware of the fact that this will also affect various other groups, including franchises, coaches and stadium owners. We believe it is in the best interest of the tournament to do so", said Osman Osman from the Pretoria Mavericks.
But Lorgat‚ a former International Cricket Council chief executive‚ was the only current CSA administrator the owners saw as capable of pulling off a tournament of the magnitude he promised.
Nenzani and acting chief executive Thabang Moroe admitted at a media briefing on Friday that no broadcast deal or title sponsorship was in place. Some players turned down other opportunities in order to commit themselves to these contracts.
But now that won't be happening, and it could have dire consequences for CSA as numerous players would have deflected other contracts in order to play at the T20 Global League. Because of the Global League, no domestic or worldwide cricket was planned for November and most of December.
Irish said his organisation would be looking at all implications of the postponement for players, "including what compensation should be paid to them".
South African television channel SuperSport were thought to be close to an agreement with Cricket SA but that could not be reached.