Yorkshire CCC

[essexfan548]

I see that Yorkshire CCC have put most of their staff on furlough to claim the 80%.

https://www.bbc.co.uk/sport/cricket/52057726

[Crisp]

This shows what a sad state of affair YCCC finances are in.

They were close to administration 2 years ago with Graves, surprise at the helm.

Without test match intervention or assistance they would be in a proper mess.
 

[Slogger]

To be honest you'd be well advised to do this if you are an employer and you've no work for people. The govt picks up 80% of the tab - you can make up the other 20% and send everyone home for a few weeks without having to lay people off or make them redundant.

[JasonP]

This shows what a sad state of affair YCCC finances are in.

They were close to administration 2 years ago with Graves, surprise at the helm.

Without test match intervention or assistance they would be in a proper mess.

There are plenty of things to dislike about Graves but he's pumped a lot of his own money to save Yorkshire.

https://www.espncricinfo.com/story/_/id/21419450/man-saved-yorkshire

[Andy]

This shows what a sad state of affair YCCC finances are in.

They were close to administration 2 years ago with Graves, surprise at the helm.

Without test match intervention or assistance they would be in a proper mess.

There are plenty of things to dislike about Graves but he's pumped a lot of his own money to save Yorkshire.

https://www.espncricinfo.com/story/_/id/21419450/man-saved-yorkshire

Yes, but he’s done his best to bankrupt the rest of the county game whilst picking up a nice return on his investment.

[essexfan548]

Yorkshire players and coaches now on furlough: https://www.bbc.co.uk/sport/cricket/52186508

"Yorkshire have become the first county to put players and coaches on furlough leave due to the coronavirus pandemic. Most non-playing staff at Headingley were placed on the government job retention scheme at the end of March. A number of the other 18 first-class counties have also put non-playing employees on furlough.

Yorkshire director of cricket Martyn Moxon contacted each player and member of staff individually after a board meeting on Friday.
“We’re in the midst of a national crisis and cricket is secondary at this moment,” the former Yorkshire and England opening batsman said.

[honkytonk]

Didnt they announce a large profit last season

[essexfan548]

Didnt they announce a large profit last season

Yes, so they are now only £18million [or so] in debt!

[honkytonk]

Ahhhh

[essexfan548]

"These profits have enabled Yorkshire to make debt repayments of £3,800,000 in 2019 and £5,600,000 over the last two years combined. A record year has given Yorkshire the ability to reduce the net debt to £18,340,000 from its year end peak at 31st December 2016 of £24,636,000."

https://yorkshireccc.com/news/view/8355/club-announces-record-profits