Australia's Big Bash T20 teams face sale to private investors

Australia's Big Bash League teams are moving towards privatisation, with plans to sell stakes to private investors. The proposal has faced resistance in the past due to concerns about relinquishing control over the teams by local cricket authorities.

Privatisation has remained a contentious issue in Australian cricket governance. An earlier attempt to sell stakes in each of the BBL's eight teams had stalled over apprehensions about loss of oversight by the sport's governing bodies.