sports π Renegades sale kicks off for Big Bash future
The Melbourne Renegades sales process officially began this week, initiated by Cricket Australia, Cricket Victoria, and Raine Group. The sale targets 100% of the club, with the goal of identifying a preferred owner by the men's BBL season starting on December 12th. Initially, 20 to 30 interested parties, including some IPL owners, will submit formal expressions of interest. After a four-week EOI period, likely ending in mid-to-late October, indicative first bids will be sought. The final selection process will likely involve a small number of final buyers undergoing further discussions in Melbourne. π