Big Bash League Begins Partial Privatisation With Renegades Sale
Big Bash League Takes First Step Toward Partial Privatisation
SYDNEY: (Sports Desk) – Cricket Australia has announced plans to partially privatise the Big Bash League (BBL), beginning with the sale of the struggling Melbourne Renegades.
The governing body said it is seeking private investment in the Twenty20 competition to strengthen the sport’s financial position amid growing competition from lucrative T20 leagues around the world.
Cricket Australia chair Mike Baird described the decision as a significant milestone, saying the Renegades’ sale would mark the first step toward a new ownership model for BBL franchises.
Cricket Australia said it hopes the Renegades will have new owners in place by the 2027-28 season, while other franchises could also be put up for sale in the future.
Cricket Victoria welcomed the move, saying private investment could help Australian cricket adapt to an evolving global landscape.
The proposed privatisation has been controversial. An earlier plan to sell stakes in all eight BBL franchises stalled after concerns were raised over the potential loss of control by Australia’s state and territory cricket bodies.
While Victoria, Western Australia and Tasmania supported the concept, South Australia remained open to it. However, New South Wales and Queensland opposed the proposal.
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