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Premiership giants CONFIRM the club is up for sale!

Leicester Tigers say they are up for sale and they are open to offers in the region of £60m

In a statement released this morning the club confirmed an article from The Times, and said an “offer period” has begun..

The club said that the move follows a lucrative investment in Premiership Rugby Ltd by CVC, which is expected to pump cash into the top clubs.

The statement continues: “CVC’s investment sparked several expressions of interest in the Tigers from new investors, prompting the Board to run a formal sale process in the best interests of the club, its players, supporters and shareholders.

“Tigers is the most successful club of the professional era, winning more titles than any other English team. The club’s games are the most-watched and best-attended in English rugby and the club has a 90-per-cent season ticket renewal rate.

“The club is ideally positioned to capitalise on the new investment coming into the game.

The statement continues: “CVC’s investment sparked several expressions of interest in the Tigers from new investors, prompting the Board to run a formal sale process in the best interests of the club, its players, supporters and shareholders.

EDITORS PICKS:

“Tigers is the most successful club of the professional era, winning more titles than any other English team. The club’s games are the most-watched and best-attended in English rugby and the club has a 90-per-cent season ticket renewal rate.

“The club is ideally positioned to capitalise on the new investment coming into the game.

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