A global Twenty20 league backed by Saudi Arabia is in the works, designed by an influential Australian cricket figure in what could be a major shift in the sport.
According to a report in the Sydney Morning Herald, the initiative has the potential to reshape the cricketing landscape.
Here’s all you need to know:
1. What is the main proposal?
- A new global Twenty20 league funded by Saudi Arabia’s SRJ Sports Investments.
- Eight teams competing across four locations per year.
- Includes both men’s and women’s competitions.
- Inspired by Grand Slams, with teams gathering at select venues for matches.
2. Who is behind the initiative?
- Neil Maxwell, former Australian cricketer and player manager.
- Australian Cricketers’ Association (ACA), which sees it as a new revenue stream.
- Saudi Arabia’s SRJ Sports Investments, the main financial backer.
- The league aims to financially support smaller cricketing nations and sustain Test cricket.
3. How would the league operate?
- Eight franchise teams based in different cricket-playing nations.
- Annual circuit format, with matches held in four different locations.
- The final could be staged in Saudi Arabia.
- Designed to complement, not compete with, existing T20 leagues.
4. Where is the funding coming from?
- $800 million investment from Saudi Arabia’s $1 trillion sovereign wealth fund.
- SRJ Sports Investments is the primary financier.
- Part of Saudi Arabia’s broader push into global sports investments.
5. How could this benefit world cricket?
- Creates a new revenue stream for cricket outside India, Australia, and England.
- Provides financial support for smaller cricketing nations.
- Could help sustain Test cricket in markets struggling to generate revenue.
6. What are the major hurdles?
- Requires approval from the ICC and national boards.
- The BCCI’s policy restricting Indian players from overseas T20 leagues is a key issue.
- Jay Shah, as a key figure in both the BCCI and ICC, will play a crucial role in decision-making.
7. How does this fit into Saudi Arabia’s sports strategy?
Part of Saudi Arabia’s growing sports investments, including:
- LIV Golf and Formula 1 races.
- Hosting the 2034 FIFA World Cup.
- Heavy investment in football, boxing, and esports.
- Potential bid for the 2036 Olympics.