NEW DELHI: The RPSG group buying a majority stake in Manchester Originals franchise in The Hundred is seen as breathing life into the finances of the Lancashire County Cricket Club. While the investment is a part of the growth strategy for RPSG, the owners of Lucknow Super Giants and Durban Super Giants, Originals chairman James Sheridan said the stake money will help in servicing the debts of the club.
"We knew something was going to change. It wasn’t easy to own this forever. Credit to the ECB for making this tournament investible. We do have some debt to service and this deal will be helpful in restructuring the debt service. We know we can grow from here. It will also help in recapitalizing the county game," Sheridan said at an event in Manchester on Friday.
