English cricket must beware the temptation of private investment

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Who knew? The owners of these mighty football clubs, and Tottenham Hotspur, are not in thrall to history, tradition and community after all, but to profit. When club owners think that they are more powerful than governing bodies and market forces go unchecked, then they may try to take sport in an unwelcome, dismal direction — however hamfistedly. There are clearly lessons for cricket.

A month ago a report in TheSydney Morning Herald suggested that Indian investors are lining up to take stakes in Big Bash League (BBL) franchises. An adviser to the conglomerate that owns Delhi Capitals in the Indian Premier League (IPL), Chandra Reddy, said: “Fresh capital, fresh partnership and fresh ideas, it would clearly be a winning proposition.”

Cricket Australia had