Cricket Australia considering privatization of Big Bash League to attract investment ...Middle East

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Cricket Australia considering privatization of Big Bash League to attract investment

The Big Bash League (BBL), Australia’s premier T20 competition, could soon undergo a major change. According to the Sydney Morning Herald, Cricket Australia (CA) is considering selling stakes in BBL teams to private investors, following a review by the Boston Consulting Group (BCG).

The move could be pulled off to modernize the competition and bring it closer in line with other global franchise leagues like the IPL, SA20 (South Africa) and ILT20 (UAE), which are privately owned and have attracted significant investment from Indian companies and private equity groups.

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