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Showing posts from January, 2024

Colin Graves and Headingley

Colin Graves is expected to return to Yorkshire County Cricket Club (YCCC) as chairman in the hope that he can refinance the ailing county . To date the Graves plan seems very short on specifics.  The members are being asked to change the rules of the club at an Extraordinary General Meeting to allow Graves to be appointed as chairman and for him to hand pick his own board of directors.   What the club gets in return for this is not very clear.  Graves has promised to lend YCCC £1m and there is talk of additional financing of  £4m but a letter from the current board to members states:  " the sourcing of the further investment of £4m is reliant on the new Board and there is no binding commitment to provide it or (as yet) information on the sources of these funds" I guess there is a tacit assumption that YCCC's principal creditor, the Colin Graves' family trust, will be amenable to some sort of resolution be it extending the loan, buying Headingley or turning YCCC into