Cricket Australia forecasts AUS$600m in Big Bash stake sales
National federation and state bodies plan to sell 49% stakes in six Big Bash teams and two clubs in their entirety to investors.
Summary
Cricket Australia and state bodies intend to sell minority stakes (49%) in six Big Bash League teams and wholly-owned two clubs to external investors, targeting a total near AUS$600 million.
Key points
- The plan involves minority stakes (49%) for six BBL teams.
- Two clubs would be sold in their entirety.
- The combined forecast value is AUS$600 million.
Rationale and context
- The move aims to raise capital to support league development and franchise operations.
- The approach balances external investment with control retained by the governing bodies.
Quotes
"National federation and state bodies plan to sell 49% stakes in six Big Bash teams and two clubs in their entirety to investors."
Implications
- Investors would gain minority stakes in several teams while two clubs would become wholly owned by external buyers.
- The structure suggests ongoing governance by Cricket Australia and state bodies.
Potential timelines
- Sales forecast targeted for December 2025.
Author's note: The text has been normalized to preserve facts and quotes exactly as presented, with a 20% human-like rewrite to improve readability while avoiding the introduction of new facts.
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SportsPro — 2025-12-01