Leicester Tigers no longer up for sale

Mattioli Woods Welford Road

Leicester Tigers is no longer up for salec after the club’s board said that it doubts an investor will come forward who “shares [our] vision of the future and at a value attractive to shareholders”.

Tigers has been up for sale since June of last year.

The club has also appointed Fintan Kennedy and Duncan Green as non-executive directors.

Kennedy brings a wide range of finance experience and is a Fellow of the Institute of Chartered Accountants in England and Wales. He is currently finance director of Sealyham Investments and holds non-executive directorships with Super League Triathlon and the Financial Services Opportunities Investment Fund. He will chair the Audit Committee.

Green is managing partner of Pick Everard, which he joined in 1983. A Chartered civil engineer, he is also a trustee and director of the Leicester Grammar School Trust, local charity Hope Against Cancer and a member of the Leicester Cathedral Development Board.

Peter Tom CBE, executive chairman said: “While we were pleased with the level of interest in the Club, none of the prospective new investors were judged to fulfil our criteria.

“Now our immediate focus is on managing the ongoing impact of the Covid-19 pandemic and doing all we can to safeguard the wellbeing of Tigers staff, players and fans.

“We have devoted considerable energy to improvements on and off the field and remain confident that we have the right long-term strategy for the Club.”

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