Cricket Australia (CA) on Thursday warned its players that participating in unofficial events would cost them their contract while maintaining that it wants the Indian Premier League to succeed.

"In accordance with relevant ICC [Images] regulations and player contract requirements, players will not be offered player contracts or be permitted to continue to be a party to player contracts if, during the term of those contracts, those players take part in unofficial cricket events," CA said in a statement.

• 'Aussies may retire to play in IPL'

"In connection with CA and state players, selectors will treat players who take part only in ICC-approved matches more favourably than those who do not," it said.

CA, at the same time, clarified it is keen to see the BCCI-backed IPL to go ahead.

Chief Executive Officer James Sutherland said the board is working through complex detail relating to existing contractual obligations which relate to Australian players' involvement in the IPL competition.

• Counties fear losing players to IPL

"We have always said we want to see IPL succeed, but on the basis that it does not compromise ICC Future Tours Programme or ICC Events cricket," Sutherland said.

"There is a lot of detail involved in aligning existing contractual obligations with those of this new Indian domestic competition," he said.

"But we are approaching this with an open mind on trying to resolve the issue in a manner which allows IPL to go ahead with Australian player participation, when available, and allow the Champions Twenty20 concept to then be finalised so that Indian, South African, England [Images] and Australian domestic Twenty20 sides can meet in a tournament to decide the best of the best," he added.