According to people close to the process, at least 50% of the MCCC's members would need to vote in a ballot for it to be legitimate, which one described as challenging because many of the club's members acquire membership solely in order to secure tickets for Test matches played at Lord's.
One source described the MCCC as one of the biggest brands in global cricket, and said the strategic review was aimed at ensuring the club would be competitive in all forms of the game, as well as financially sustainable, over the next 50 years.
The 161 year-old Middlesex County Cricket Club (MCCC) is kicking off a secret review of its mutual ownership status as it seeks to place the Lord's-based outfit on a sustainable long-term financial footing.
News of Middlesex's review comes within weeks of the England and Wales Cricket Board (ECB) securing a landmark windfall of £520m to be injected into the professional and recreational game from the auction of its 49% stakes in the sport's eight Hundred tournament franchises.
The review is the latest to involve one of English cricket's 18 professional counties, and follows the recent sale of a controlling stake in Hampshire to the GMR Group, the owner of the Indian Premier League franchise the Delhi Capitals.
