The England and Wales Cricket Board (ECB) and the Board of Control for Cricket in India (BCCI) have collaborated to oppose a new global Twenty20 league backed by Saudi investment, which threatens the established cricket landscape. The league, powered by SRJ Sports Investments, has proposed a massive capital infusion of $400 million and aims to host tournaments similar to tennis's grand slams. Both boards will not grant No Objection Certificates to their players wanting to join the league, and they plan to lobby the ICC against it. This united front seeks to safeguard their lucrative domestic competitions from intense competition and financial pressure from the new league.
The ECB and BCCI have come together to oppose a new Saudi-backed Twenty20 league, aiming to protect their leagues and players from overwhelming competition.
In a significant move, Cricket Australia has shown interest in the Saudi-backed league, highlighting the allure of private capital in cricket's evolving landscape.
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