Yamaha G9 wont start

[Roosterman6900]

Inherited a Yamaha G9 not running, first cart I have mucked around with and now I have it up to cranking but not starting and fair bit of Fuel coming out the intake but no backfire.
Is a J38 engine and compression was 150lb but did the head & valves & threw some rings in anyway as bore was a bit glazed but within spec, if anything has increased the pressure coming out of the carby. Have measured the cam & within spec and valves as per setting.
Has spark and starter generator is spinning the engine Counter clockwise from the Flywheel side which is correct for a Yamaha I believe ?
Looks like the Starter relay has been replaced recently so I am going down the Electrical path now as out of options otherwise ?
Any help / suggestions would be great