"We haven't answered those critical questions. That'll probably take a year or two. Only after we've positioned our product should we be taking it to investors rather than the other way around."
Cameron said one concern lies with the potential for a fractured investment situation where only half the teams get private investment. The consequence might alter the balance of the competition leaving cricket with a model similar to football's ASB Premiership, where only Auckland City or Waitakere United have won since its inception in 2004. Another alternative is the National Basketball League where teams float in and out depending on whether they can find a financial backer.
"We're looking for a miracle answer from a third party," Cameron said. "I don't believe that's going to happen until we get our positioning right. Name me a purely domestic sport which succeeds financially? There aren't many. We need an international flavour added, like Super Rugby. Australia's Big Bash is not looking to sell off franchises and neither is The Blast in English cricket. They're still asking, 'why give benefits to a third party?'
"Also, what's the first thing a private investor's going to do? They'll poach that player from CD and this player from Otago. Before you know it, an Auckland City-Waitakere United situation develops."
Auckland are stronger financially than most major associations due to the insurance provided by the Eden Park Trust Act. The act guarantees them, and fellow beneficiary Auckland Rugby, revenue from events at the venue. Not all associations are as fortunate.
Auckland would like to see the Plunket Shield and Ford Trophy remain as development tools and still see the drive for commercial revenue coming from the T20 competition.
"We don't want to divest ourselves of the responsibility like the West Indies did with the ill-fated Allen Stanford league," Cameron said. "Cricket should be owned by cricket people."