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Matt Nichol, Lecturer in Law, CQUniversity Australia

Top sports teams are bought and sold for billions worldwide. The risky trend is coming to Australia

Rugby New Zealand Rugby Australia Silver Lake Major League Baseball MLB NFL the National Football League New Zealand Football

In recent years, private equity has changed the global sports landscape, with clubs from Major League Baseball (MLB) and the National Football League (NFL), rugby union in New Zealand and European soccer reaping massive financial benefits.

Sports codes in Australia and New Zealand have also dipped their toes in the water, with potentially more to come: Cricket Australia is reportedly considering selling its Big Bash League teams to private investors.

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