England’s Yorkshire County Cricket Club is seeking refinancing from Middle Eastern investors according to reports this week, and as Gulf countries increase their shares and interest in British sports clubs.
"A large proportion of the target investor pool are based in the United Arab Emirates and India, with additional names from Pakistan, Saudi Arabia and Qatar," the club's advisory firm, Grant Thornton, told Reuters on Wednesday. The firm added that investments from family offices, private equity and sovereign wealth funds were all being reviewed as potential refinancing sources.
