Initially twenty-five teams signed up for the Cup tournament.[2] In October 2020, the tournament was postponed, first for two weeks[3] and later indefinitely due to another Coronavirus outbreak in Iceland. On 28 January 2021, KKÍ announced that the competition would begin on 22 April and end on 1 May, featuring 16 teams[4] and would be sponsored by the insurance company VÍS.[5] It was later postponed to August 2021 with the first game played on 28 August.
