Big Bash League Privatisation Begins: Melbourne Renegades First Club Up for Sale

September 8, 2026

Sydney: Cricket Australia (CA) has approved a new private ownership model for the Big Bash League (BBL) and Women’s Big Bash League (WBBL), with Melbourne Renegades becoming the first club to be offered to private investors.

CA will invite bids for a 100 per cent stake in the Renegades, with the sale expected to be completed in time for the new owners to take charge from the 2027-28 BBL and WBBL seasons.

Renegades to Operate Under CA During 2026-27 Season

The privatisation process will not affect the upcoming domestic season. Cricket Australia will operate the Renegades in caretaker mode during the 2026-27 BBL and WBBL campaigns.

The club will retain its existing identity during the transition and has recently strengthened its women’s squad by signing West Indies star Hayley Matthews for the upcoming WBBL season.

Once the Renegades sale is completed, CA plans to allow other Big Bash clubs to explore private investment under a “self-determination” model. Under this framework, each state association can independently decide whether and when to seek private ownership.

Which Big Bash Clubs Could Follow?

The Hobart Hurricanes, Melbourne Stars and Perth Scorchers are reportedly interested in bringing private investors into their clubs.

Meanwhile, the Sydney Sixers, Sydney Thunder, Brisbane Heat and Adelaide Strikers are not currently looking to pursue private investment.

Despite opening the door to private ownership, Cricket Australia will retain control over major aspects of the competitions, including international scheduling, player availability, salary caps and media rights.

CA will also have the authority to approve or reject potential investors and set the reserve price for the Renegades licence. Any proposed changes to the club’s name, colours or branding will also require CA approval.

BBL, WBBL Seasons to Continue as Planned

CA chair Mike Baird said the move was aimed at strengthening the long-term future of Australia’s domestic cricket competitions and creating opportunities for further investment in the sport.

CA will continue discussions with state associations and the Australian Cricketers’ Association as the Renegades sale progresses. The focus is reportedly expected to be on finding a suitable investment partner rather than simply accepting the highest bid.

The current BBL and WBBL seasons will continue with the clubs in their existing forms. WBBL 12 begins on October 29, with Melbourne Renegades hosting Sydney Thunder, while BBL 16 starts on December 12, when the Renegades face Perth Scorchers in Chennai.