Cricket Australia’s move to sell stakes in BBL teams aims to boost its financial reserves, targeting over $100 million. State associations are also facing financial challenges, with states like New South Wales, Victoria, and Queensland not earning direct revenue from their home grounds.
According to The Sydney Morning Herald, Cricket Australia is considering a major shift in its business model that could reshape the landscape of the Big Bash League, following a recommendation by the Boston Consulting Group.
Major T20 leagues such as the IPL, South Africa’s SA20, and the UAE’s ILT20 are already owned by corporate entities and have attracted interest from global tech firms and private equity. In contrast, Cricket Australia has retained full ownership of BBL teams and has previously resisted private investment.
Cricket Australia Resisted Private Ownership Due to BBL-Test Season Clash
Such a reshuffle of the summer cricket calendar could disrupt broadcast agreements. A recent review by Boston Consulting Group, presented to CA chair Mike Baird and state chairs via video conference, recommended selling minority stakes in BBL teams.
Relocation of Thunder and Renegades to Singapore or New Zealand Under Discussion
The report states that Cricket Australia is being urged to delay expanding the Big Bash League until it secures private investment by selling stakes in its existing teams. While CA officials are still considering the proposal, discussions have also emerged about a potential overhaul of the league’s structure.
The motivation behind these changes is to revitalize the BBL, which has lost prominence to more lucrative T20 leagues in South Africa and the UAE. One alternative approach being discussed is expanding by issuing new club licences instead of selling shares in existing teams.
Also read: Taskin Ahmed breaks silence on woman-linked assault allegations
Hence then, the article about bbl for sale cricket australia all set to follow the hundred model ipl takeover incoming was published today ( ) and is available on cricketaddictor ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( BBL for sale! Cricket Australia all set to follow The Hundred model - IPL takeover incoming? )
Also on site :