India, Sept. 7 -- Australian cricket is heading toward a massive revolution as Cricket Australia has officially approved plans to partially privatise the Big Bash League. In a landmark decision, state associations are now allowed to sell up to 49% ownership stakes in their franchises to private investors.

The historic move directly opens the door for Indian Premier League (IPL) owners to expand into Australia, with a formal public announcement scheduled for Tuesday featuring top Australian cricket figures.

BBL Privatization: How The Sale Works And Why States Are Divided?

The cash injection is designed to help Australian teams offer bigger salaries to world-class players and fight off competition from rival leagues like SA20.

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