Melbourne: Cricket Australia (CA) is looking to attract Indian investors for the Twenty20 Big Bash League as it plans to generate around USD 50m from the sale of franchises.
According to reports, Credit Suisse representatives working for CA are all set to take a roadshow to India next week to attract Indians, who may wish to own a stake in a Big Bash team. If their foray to Indian shores remains successful, two franchises — one from Melbourne and one from Sydney — will find themselves immediately richer by USD 2 million while the relevant state associations and CA will share the rest of the windfall. (Agencies)
