CA announced that it would invite bids from private owners for a 100 per cent stake in Melbourne Renegades. The new ownership in the franchise will be in place for the 2027-28 Big Bash League and Women’s Big Bash League seasons, and the sale process will have no impact on the upcoming seasons of the BBL and the WBBL this Australian summer, reported cricket.com.au.
Big Bash League team Melbourne Renegades is up for sale in full as Cricket Australia on Tuesday approved “self-determination” privatisation model in its T20 league.
The Melbourne Renegades is being run in a caretaker mode by the Australian cricket governing body, with the WBL side having recently signed West Indies skipper Hayley Matthews. any changes to club names, colours and branding would need approvals While CA will retain power to approve or veto investors and set reserve price. In case of Melbourne Renegades, CA will be the approving party while for other teams, the same would be the relevant state body.
“By opening the door to private investment in the Big Bash Leagues, Cricket Australia is taking a deliberate step to strengthen and secure the long-term future of the game, accelerate growth and ensuring we can keep investing in community cricket and grassroots participation, domestic and international pathways and the elite level,” he added.
