YORKSHIRE members were expected to approve an increase in the club's borrowing power from £5m to £10m at the extraordinary general meeting which was being held at Headingley today.
Faced with the threat of bankruptcy if the committee resolution does not receive the necessary two-thirds majority for a change in the rules, members are likely to vote 'Yes' in large numbers.
But club president Robin Smith is still almost certain to be given a rough ride at the meeting by those members who want an explanation as to how Yorkshire could get into such a mess that they are already £2m overspent on the redevelopment of Headingley.
There is also a feeling in some quarters that former club chairman, Keith Moss, was made a scapegoat in being forced to resign when the new 'Gang of Four' took over the running of the club.
New chief executive, Colin Graves, chairman and managing director of the Dunnington-based supermarket chain Costcutter, is confident that if Yorkshire can increase their borrowing to pay off the spiralling costs of the redevelopment the club's affairs can be turned round within the next six months or so.
Updated: 12:22 Thursday, August 29, 2002
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