Friday, October 29, 2010

Cricket Australia approves Twenty20 private ownership

MELBOURNE (Australia): Cricket Australia has approved minority private ownership in a revamped domestic Twenty20 competition to start next season, paving the way for potential Indian-based investors.

A Cricket Australia board meeting on Friday gave the approval to an extended Twenty20 competition - to be called the Big Bash League - which will run over the December-January period starting in the 2011-12 Australian summer season.

It will initially feature teams based on the current six state associations, plus two further cities which will be decided over coming months

Read more: Cricket Australia approves Twenty20 private ownership - The Times of India http://timesofindia.indiatimes.com/sports/cricket/top-stories/Cricket-Australia-approves-Twenty20-private-ownership/articleshow/6833994.cms#ixzz13kQOGRKV

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