Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Leicester Tigers: Premiership club put up for sale for about £60m

Written by 
Published in Rugby
Monday, 24 June 2019 23:55

Premiership rugby club Leicester Tigers has put itself up for sale and is seeking a price of about £60m, BBC Sport understands.

The move follows private equity firm CVC's investment in the sport in December which the club says has led to several approaches from new investors.

CVC's acquisition of a 27% stake in Premiership Rugby resulted in each club receiving £13m.

In Leicester's case that meant it now has no net debt.

Each club retains a 7.7% stake, and with CVC spearheading new marketing initiatives for the Premiership, the clubs anticipate additional revenues flowing to them.

"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 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."

Leicester is the most successful club of the professional era, winning the Premiership 10 times and the European Cup twice.

The club's games attract the highest TV audiences and it is also the most-attended club, with a 90% season ticket renewal rate.

However, it has not won the league title since 2013 and flirted with relegation last season, finishing second from bottom.

Read 792 times

Soccer

Pride open season with 6-0 rout; Rodman returns

Pride open season with 6-0 rout; Rodman returns

EmailPrintOpen Extended ReactionsThe reigning champion Orlando Pride opened the National Women's Soc...

Liverpool capt Van Dijk eyes place among greats

Liverpool capt Van Dijk eyes place among greats

EmailPrintOpen Extended ReactionsLiverpool's Virgil van Dijk has said winning a second Carabao Cup t...

Neymar ruled out of Brazil return, Endrick in

Neymar ruled out of Brazil return, Endrick in

EmailPrintOpen Extended ReactionsNeymar's return to action for Brazil will be delayed yet longer aft...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Bulls banners 'Disturbed' during show; need fixes

Bulls banners 'Disturbed' during show; need fixes

EmailPrintOpen Extended ReactionsAll six of the Chicago Bulls' championship banners were pulled from...

Doncic (calf) sits out Lakers' loss to Nuggets

Doncic (calf) sits out Lakers' loss to Nuggets

EmailPrintOpen Extended ReactionsDENVER -- Luka Doncic did not play in the conclusion of the Los Ang...

Baseball

MLB award winners' gold logos to become cards

MLB award winners' gold logos to become cards

EmailPrintOpen Extended ReactionsExpanding on the success of the MLB Debut Patch, Topps, MLB and Nik...

Dodgers' Betts to miss Japan games with illness

Dodgers' Betts to miss Japan games with illness

EmailPrintOpen Extended ReactionsTOKYO -- Shortstop Mookie Betts will miss the Los Angeles Dodgers'...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated