Yorkshire chief executive Stephen Vaughan hopes to secure the club’s financial future within a matter of weeks, but admits he had to “kiss a lot of frogs” before finding a suitable investor.
The county owes the Graves Family Trust nearly £15million and also faces a hefty fine following a CDC investigation into historic racism, with Vaughan working on refinancing the debt ever since he took over in November.
Former chair Colin Graves angrily withdrew his own interest in returning after claiming he had been treated as a “last resort”, while former Newcastle owner Mike Ashley, backers of IPL franchise Delhi Capitals and Prince Badr of Saudi Arabia are among a long list of those linked with Yorkshire.
Others from India and the UK have also been involved in talks and, with an initial £500,000 payment to the Graves Trust due in September, Vaughan is confident a deal is close.
But he also admitted the process had been far from straightforward.
“We’ve spoken to a lot of people. In these situations you’ve got to kiss a lot of frogs,” he said.
“I really did kiss a lot of frogs, I carry Lipsil around with me I’ve kissed so many. Hopefully (we’ve found a prince), but not the Saudi prince we were reported to have met. We don’t remember that one!
“It was always going to be a very difficult time to attract a traditional financier in the UK. The club’s brand equity wasn’t as high as it could have been because we were in the news for the wrong reasons.
“But we’re now at a place where we’ve got a bedfellow we’re working with. It’s not a takeover, not a buyout, it’s an investor coming in to ensure we can move on and continue our journey.
“We’re hoping in weeks rather than months we’ll be able to announce we’re getting something done. These things are always full of legal conversations, lawyers to lawyers, and you’re only as fast as your slowest runner in the race.
“We’ve got to start a new chapter for Yorkshire. We want to be unapologetically modern and progressive.”
Vaughan explained that the market interest in the club had been huge, but most were looking for an outright controlling stake that Yorkshire were unwilling, and unable, to offer.
“We could have sold Yorkshire cricket 15 times over,” he said.
“It wouldn’t even have to go on the market. Everyone wants a piece of Yorkshire cricket, but we’re a members’ co-operative and the dynamic changes dramatically.
“You go from dozens of organisations saying ‘how much can we pay for Yorkshire cricket, we’re desperate to buy it’, to explaining that it’s not an equity play, it’s a loan. That takes out 99% of the market immediately.”
IPL: Royals miss top-two chance after washout against leaders KKR
Rajasthan Royals were denied their shot at a top-two Indian Premier League finish after rain saw a clash with Kolkata Knight Riders abandoned without a ball bowled on Sunday.
The Royals finished third in the group stage of this year's IPL after four straight losses preceded the washout in Guwahati.
In-form Royal Challengers Bengaluru awaits in the Eliminator for Rajasthan on May 22, with the former on a six-match winning streak to reach the playoffs.
Pat Cummins' Sunrisers Hyderabad will face leaders Kolkata, whose last two games have been abandoned, in the first qualifier in Ahmedabad the day before.
IPL: Sunrisers cruise to victory to boost second-place hopes
Sunrisers Hyderabad eased to a four-wicket win over Punjab Kings on Sunday to boost their chances of finishing second in the Indian Premier League.
Prabhsimran Singh helped Punjab set a target of 215, but Hyderabad chased that down with relative ease to go second, a position they will finish in should Rajasthan Royals lose to the table-topping Kolkata Knight Riders later on Sunday.
After the Sunrisers won the toss and put Punjab in to bat, Prabhsimran top scored with 71 runs from 45 deliveries, while Atharva Taide (46 off 27) and Rilee Roussouw (49 from 24) also impressed as the Kings, already out of playoff contention, finished on 214/5.
Hyderabad's chase got off to a terrible start as Travis Head was bowled with the first ball of the innings, but the Sunrisers' other opener Abhishek Sharma helped to steady the ship alongside Rahul Tripathi.
Abhishek smashed his way to 66 off 28 deliveries before he was dismissed, while an important innings from Heinrich Klaasen (42 from 26) set the Sunrisers up for victory.
Abdul Samad and Sanvir Singh finished the job as the Sunrisers reached their target with five balls to spare, and they can now look ahead to their playoff campaign.
Data debrief: Abhishek wastes no time
The Sunrisers overcame Head's second IPL golden duck thanks to a brilliant innings from Abhishek, who reached his half-century in just 21 balls and finished with a strike rate of 235.71.
Tripathi and Klaasen achieved strike rates of 183.33 and 161.53 respectively, while Nitish Kumar Reddy also finished with 37 from 25 deliveries as Hyderabad made light work of a daunting target.
RCB secures sixth win in a row to eliminate CSK and advance to playoffs
The Royal Challengers Bengaluru held their nerve to secure their sixth win in a row with a 27-run victory over the Chennai Super Kings at the M Chinnaswamy Stadium on Saturday to book a spot in the Indian Premier League playoffs.
The Super Kings entered Saturday’s game in fourth place on 14 points while RCB were fifth on 12 needing to win by at least 18 runs to overtake their opponents and seal the final playoff spot.
CSK won the toss and decided to put RCB in to bat and that decision looked like the wrong one after openers Virat Kohli and Captain Faf Du Plessis put on a quick 31 off three overs before a quick drop of rain brought a halt to proceedings.
Play eventually started back and the pair brought the score up to 78 in the 10th over before Kohli fell for 47.
The wicket didn’t bring much help to CSK as Du Plessis and Rajat Patidar brought the fire to the Super Kings bowlers to bring the score up to 113 in the 13th before the skipper fell for a top score of 54.
Patidar and new batsman Cameron Green then put on 71 for the forth wicket to further put the Super Kings bowlers to the sword.
In the end, RCB reached 218-5 from their 20 overs. Patidar was eventually dismissed for 41 off 23 balls including two fours and four sixes while Green finished 38* off 17 balls including three fours and three sixes.
CSK, needing at least 200 to advance to the playoffs, fell agonizingly short at 191-7 from their 20 overs.
Rachin Ravindra led the way with 61 while Ravindra Jadeja made 42* against 2-42 from Yash Dayal.
CSK entered the final over, bowled by Dayal, needing 17 to qualify to the playoffs. Captain MS Dhoni smashed the first ball out the ground before he was dismissed off the second ball.
Dayal then held his nerve to concede only one run off the next four balls and seal RCB’s spot in the last four.
Full scores:
Royal Challengers Bangalore 218-5 off 20 overs (Faf Du Plessis 54, Virat Kohli 47, Rajat Patidar 41, Cameron Green 38*, Shardul Thakur 2-61)
Chennai Super Kings 191-7 off 20 overs (Rachin Ravindra 61, Ravindra Jadeja 42*, Ajinkya Rahane 33, Ms Dhoni 25, Yash Dayal 2-42)
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