- Peter Tom: CVC investment creates unique opportunity
- Tigers have not won the Premiership title since 2013
Leicester Tigers have announced plans to sell the club. The move comes after CVC Capital Partners acquired a minority stake in Premiership Rugby Limited, which Tigers have revealed led to several expressions of interest from new investors.
“CVC’s investment in Premiership Rugby has created a unique opportunity – catapulting the sport into the public consciousness like never before and broadening its appeal to potential investors,” said Leicester’s executive chairman Peter Tom. “It is our duty as a board to explore the club’s strategic options and assess the best possible ownership structure to benefit from the changes ahead on and off the pitch.”
Written by Press Association
This news first appeared on https://www.theguardian.com/sport/2019/jun/25/leicester-tigers-put-up-for-sale-in-wake-of-cvc-premiership-investment-rugby-union under the title “
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