The big and bold decision was taken at a Cricket Australia (CA) board meeting last week and is expected to get official approval on Monday (September 7) night. A formal announcement is likely on Tuesday, with some of Australia’s biggest cricket stars also expected to be involved.
However, powerful cricket states New South Wales and Queensland are against the privatisation. NSW has reportedly felt that private investment could give only a short-term financial boost and that bigger structural changes are needed to improve Cricket Australia’s long-term financial position. Amid this, Kevin Pietersen appointed England’s specialist white-ball mentor.
Players still negotiating with Cricket Australia
The Australian Cricketers' Association (ACA) has shown support for privatisation, but only if the long-term future of Australian cricket remains protected.
These matters will be included in a new memorandum of understanding between Cricket Australia and the players' association. Amid this, AB de Villiers identifies lack of character behind Pakistan’s downfall.
International investors are expected to be approached during the upcoming Australian summer, and possible buyers could visit Australia to watch the upcoming BBL 2026-27.
Several state cricket CEOs have also travelled to India and the UK recently to meet possible investors. They are now waiting for formal approval from Cricket Australia to begin the sale process.
Private investment in BBL is ‘Inevitable’: CA CEO
Recently, CA CEO Todd Greenberg said on the ABC Cricket Podcast about the BBL privatisation: “This might feel new in our country, bringing private capital into sports, but it's certainly not new globally. The concept of bringing private capital to cricket is inevitable at some point.”
Greenberg added, “The question will remain about when that actually happens. My view is it will happen. What we have to make sure is the levels of control are in place and you're not just taking the biggest cheque; you're looking for the right partner.”
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