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In what comes as a massive development, Cricket Australia has announced the privatisation of the Big Bash League on Tuesday. The first step would be launching the sales process for the Melbourne Renegades franchise. For years now, private investment and privatisation of BBL has been a topic of debate in Australian cricket. Over the last year…
Sydney [Australia], September 8 (ANI): Cricket Australia (CA) has approved a new privatisation model for the Big Bash League (BBL) and Women’s Big Bash League (WBBL), with the Melbourne Renegades set to become the first club to be offered to private investors, reported cricket.com.au. CA will invite bids for a 100 per cent stake in…
Cricket Australia (CA) has approved a privatisation model for the Big Bash League (BBL) and the Women’s Big Bash League (WBBL), with the Melbourne Renegades set to become the first club offered to private investors, cricket.com.au reported.
Melbourne Renegades players during a Big Bash League match. Photo: X@RenegadesBBL Advertisement
Cricket Australia has approved private investment in the Big Bash Leagues, beginning with the sale process for the Melbourne Renegades. The move marks the start of BBL privatisation while CA retains control over key aspects such as scheduling, player availability, salary caps, and media rights.
Australian cricket is set for one of its biggest changes in decades, with the Big Bash League (BBL) moving towards partial privatisation. Cricket Australia (CA) is ready to allow state associations to sell up to 49 per cent stakes in their Big Bash League teams.
Cricket Australia has approved a plan to allow partial privatisation of the Big Bash League, opening the door for state associations to sell up to 49 per cent of their BBL franchise to private investors. The decision was formally confirmed on the night of September 6, following a board meeting held the previous week.