For many Swedes, this tournament was the first meeting with North American playing style, represented by Canadian amateur teams and British teams filled with Canadians. However, as professional hockey evolved in North America, the transatlantic amateur teams became both less competitive and less interested in joining European tournaments of this kind. The resulting downturn in public interest, together with tougher playing schedules in the European leagues, led to the cancellation of the tournament.
The new Ahearne Cup (also known as the Ahearne Trophy) was created to promote interest in the British Ice Hockey Superleague. It was played in 2002 between teams from the ISL and teams from the Deutsche Eishockey Liga and in 2003 between British and Norwegian teams. It was again played for in 2006 between British and German teams, this time with the British teams coming from the Elite Ice Hockey League.