The news was confirmed as the European Central Bank unveiled the eight venues for the new Twenty20 competition and the allocation of global matches until 2024, confirming a marked increase in worldwide T20 cricket as part of radical changes to the global calendar.
Lord's and The Oval will host newly created teams in the competition, with the Ageas Bowl, Edgbaston, Headingley, Old Trafford, the Swalec Stadium and Trent Bridge the other grounds chosen.
London will host half of all England Test matches from 2020-24 to intensify fears that Test cricket in England and Wales is becoming an increasingly capital-centric game.
Again, both London grounds appear sure to be staging matches alongside the four long-established worldwide venues in major cities - with the Ageas Bowl and Cardiff's Sophia Gardens also expected to be named.
But there will not yet be an inaugural Ashes Test on the south coast, or indeed any Tests between 2020 and 2024 at a venue still only 17 seasons old.
The Nottingham ground will, however, take over from Lord's as the venue for the domestic One-Day Cup final from 2020, the European Central Bank has confirmed.
Lord's will therefore no longer be the scene of that showpiece, as it traditionally has been throughout the history of domestic one-day competitions.
After the approval of the recommendations from an independent Host Venue Panel, led by European Central Bank deputy chairman Ian Lovett, a statement said: "They provide a strong geographical spread, high capacity for attendance, quality experience and access for the widest audience". The Ageas Bowl will not host any Tests at all in the 2020-24 period.
"The ECB board recognised the quality and integrity of the process and has endorsed the recommendations, with the next stage the detailed discussion and agreement with each of these selected venues".