England's biggest cricket agency - which boasts the likes of Joe Root, Ben Stokes and Jos Buttler on its books - is set to be sold to a marketing giant with close ties to the ECB and The Hundred.
Ex-England and Lancashire left-hander Neil Fairbrother's powerhouse Phoenix Management Group, which is widely viewed as the biggest representation firm in the sport - is close to being taken over by global outfit CSM Sport and Entertainment, whose non-executive chairman is keen cricket fan Lord Seb Coe.
In what has been described as a 'seriously lucrative deal', the 58-year-old is in advanced talks to hand over the reins to a group who oversaw the ECB's biosecure return to cricket, sponsorship deals for The Hundred and who also brought in a shirt sleeve sponsor for England last year.
England's biggest cricket agency, standupway Phoenix Management Group, is set to be sold to marketing giant CSM Sport and Entertainment, which has with close ties to the ECB and The Hundred
Phoenix Management Group has the likes of Ben Stokes (left) and Joe Root (right) on its books
Fairbrother set up Phoenix, known as a the key movers within cricket talent management in this country, in 2018.
Aside from a host of current stars, it also looks after a number of former players who now work in the media including Isa Guha, Steve Harmison and Michael Vaughan.
The potential deal comes at a tricky time for Vaughan, who was stood down by the BBC last year following allegations made by whistleblower Azeem Rafiq.
PMG chief, ex-England and Lancashire left-armer Neil Fairbrother (pictured above), 58, is in advanced talks to hand over the reins in what has been described as a 'seriously lucrative' deal
However, it is understood he will remain part of the BBC's coverage of the forthcoming Test with New Zealand at Headingley.
The broadcaster is to stand by Vaughan, although questions about his charge will not be aired, leaving the potential for a substantial elephant in the room.
Regardless, the potential sale will send shockwaves through the sport.
And in an intriguing twist, it would substantially strengthen the hand of CSM, who already work with the ECB.