sport news Saudi Arabia Prince in negotiations to inivest in cash-strapped Yorkshire trends now

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Yorkshire are in negotiations with a Saudi Arabia Prince and government official about buying into the cash-strapped club. 

Mail Sport has learned that chief executive Stephen Vaughan has held talks with Badr bin Abdullah bin Mohammed bin Farhan Al Saud about a remarkable deal that would see the Saudi businessman buy out the £15million debt that Yorkshire owe to former chairman Colin Graves.

Yorkshire are desperate for outside investment, with Mail Sport revealing last month that if the club fail to secure additional funding they may be unable to pay player and staff salaries before the end of the season. 

It is understood that the offer on the table from Prince Badr would see him take on Graves’ debt without injecting any equity into Yorkshire, which may be attractive to the membership as it would enable them to remain a members club.

Badr is believed to have pledged to charge Yorkshire less than the four per cent interest the club are currently paying to the Colin Graves Trust, who have agreed to push back a £5m repayment they are owed until October to enable them to complete the season.