Malcolm Speed

speaker

666 appearances 8 recordings 1 series first heard May 2026 last heard 16 Jun

Malcolm Speed’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 8 in all, peaking in May 2026 with 5.

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Whateley · Whateley - Tuesday | Full Show (16.06.26) · 16 Jun 2026 podcast

I'm not sure that's part of the deal.

I think that might be just something that's sort of transmogrified from previous correspondence.

The...

The Players Association need to be satisfied with the arrangements.

Now, Gerard, that strikes me as a bit strange.

Yes, and the financial conditions, they need to be satisfied with the financial conditions and the salary cap arrangements.

It's very unusual in a negotiation like this, a serious commercial negotiation by a sporting body, for the players to have anything like a right of veto.

I can't recall it ever happening.

So take, for example, AFL putting a licence in Hobart.

There wasn't a sense there that, well, before we sign off on this, we'll ask the Players Association for their approval.

they don't have a right of veto.

There's an arrangement in place under longstanding memorandum, a memorandum of understanding where the players receive a percentage of defined cricket revenue.

Now, if there is a large amount of money to come in as a result of this sale, let's say three of those licences sell for 200 million Australian, 600 million they're

the players don't automatically get 27.5% of that capital injection.

If that $600 million is invested and gets a healthy return as it would,

the players would be entitled to 27.5% of the proceeds of the investment, not the capital sum.

So it's intended to fund cricket in the future rather than just going as a windfall payment to the players.

But yes, if one way or another there could be an extra one or two or three million added to the salary cap of the BBL, that'd be great.

That's exactly what they're trying to achieve from this.

But there shouldn't be a right of veto.

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