Leicester Tigers put up for sale in wake of CVC’s Premiership investment

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  • 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.”

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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 “

Leicester Tigers put up for sale in wake of CVC’s Premiership investment

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