English cricket officials are delighted by a plan to stage the inaugural Twenty20 World Championship in 2009 and the 2019 World Cup in the UK.
England staged their first Twenty20 international last summer
The ECB has been invited to host the events but the plan still needs ratifying by the ICC annual conference.
The Twenty20 event is planned at two venues, spread across nine days involving the world's top eight teams.
"The UK has become renowned for its multi-ethnic crowds and a passion for Twenty20," said ECB boss David Collier.
"The UK offers the benefits of world-class transport links, international hotels, excellent logistics, superb venues and a stage already set for Twenty20 cricket."
Speaking to BBC Test Match Special recently, Collier explained the country was ideally placed to host matches in prime television time for each nation.
In a model used for Twenty20 Cup finals day in county cricket, a match starting at 1000 GMT would coincide with evening in Australia and New Zealand.
A second game at 1400 would meet prime time in Pakistan and India and a final match starting at around 1800 would be ideal for TV viewers in the UK.
Plans revolve around a joint bid from India, Pakistan, Sri Lanka and Bangladesh to stage the 2011 World Cup being submitted before an extended deadline on 21 April.
Should an acceptable bid be received, it will then be considered alongside a rival submission from Australia or New Zealand.
Whichever bidder loses out for the 2011 competition would in theory be awarded it four years later, with England withdrawing from the race.
If the Asian bid for 2011 has not been submitted before the deadline, the World Cup would be awarded to Australia and New Zealand and England's bid for 2015 would stand.
The Asian World Cup bid looks set to be conditional on participation by India and Pakistan in the Twenty20 event, despite their expressed reluctance.
The Twenty20 World Championship, which will be given a trial run in an invitational tournament next year, will coincide with Australia's next visit for the Ashes.
"The summer of 2009 promises to be a true festival of world cricket throughout England and Wales," Collier added.