Cricket Victoria's plan to privatize the Big Bash League (BBL) has moved closer to reality after state cricket bodies reached an in-principle agreement on a "self-determination model." This model would allow stakes in BBL clubs to be sold, though administrative hurdles and player union approval remain.
Cricket Victoria will sell one of its two Big Bash League (BBL) teams, the Melbourne Stars or Renegades, to international investors as part of cricket's privatisation. The remaining franchise will operate under Cricket Victoria, potentially reviving the 'Bushrangers' name.
Cricket Victoria plans to merge the Melbourne Stars and Renegades into a single "Melbourne" team and sell its second BBL license to a private investor, pending Cricket Australia approval.
Cricket Victoria plans to establish a new Melbourne BBL team, potentially named 'Melbourne' and wearing navy blue, as the Renegades' licence is set for sale to a private investor. This move is subject to Cricket Australia's approval of phased stake sales in BBL clubs.
Cricket Victoria plans to merge its two BBL teams, the Stars and Renegades, into a single 'Melbourne' team and sell its second BBL license to a private investor. This move is contingent on Cricket Australia's approval of a phased sale of BBL club stakes.
