The England and Wales Cricket Board insists that the sale of the eight Hundred franchises will be completed by the end of April, despite the delays to negotiations.
The governing body’s chief executive, Richard Gould, said that the high valuations were not one of the issues behind the delays, but admitted that future broadcasting rights were. “All the discussions are on a very, very sound footing,” Gould said, “we’re just trying to work out how to maximise value from sponsorships, tickets sales and broadcast revenues. They’re investing a lot of money into our game and we want to make sure that pays dividends.”
