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Cricket Australia has been warned against rushing to privatise the Big Bash League by three states, amid revelations of secret agreements around the Twenty20 league's ownership.
While CA ponders a big offer to lure Indian star Ravichandran Ashwin to play in the tournament this summer, chief executive Todd Greenberg met state CEOs in Brisbane this week to discuss options for raising capital to help secure cricket's future in Australia.
They did so after the chairs of New South Wales (John Knox), Queensland (Kirsten Pike) and Victoria (Ross Hepburn) co-signed a letter to CA chair Mike Baird to seek assurances that no decisions about privatisation had already been made, following a Boston Consulting Group report that recommended selling minority stakes in each of the eight clubs along similar lines to the Hundred competition in the UK.
Two sources with knowledge of the confidential discussions confirmed the sending of the letter to CA, which held a board meeting last week. Directors have been discussing the possibilities, implications and risks of privatisation at various times for more than a decade.