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. 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. Massive salary bill, underperforming team, no Champions Cup rugby. The squad currently has players from England, Ireland, New Zealand, Australia, Scotland, Fiji, Zimbabwe, Samoa, Tonga and now Argentina. '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 Tigers have announced that the club has been put up for sale for a reported £60m, Geordan Murphy's side narrowly escaped relegation last season - as they finished 11th. Leicester Tigers (v Sale Sharks, Welford Road, Saturday 3.00pm) 15 Freddie Steward 14 David Williams 13 Jaco Taute 12 Matt Scott 11 Nemani Nadolo 10 … RFU CEO gives COVID-19 planning & support update, Rodney Parade to help in fight against coronavirus, IRFU And Rugby Players Ireland Agree Pay Deferrals, Gloucester announce departure of Head Coach Johan Ackermann, Guinness PRO14 make exciting statement regarding SA Rugby, Ulster make big changes for Leinster Final, Leinster ring the changes for Ulster clash, Champions Cup And Challenge Cup Finals Moved From Marseille, EPCR Confirm European Competition Postponements, Rugby Australia Confirm Coronavirus Stance, Sonny Bill Slammed for ‘Pressure’ Comments, WATCH: Cricket streaker deserves a rugby contract #LegDrive. I would especially like to thank Martin [St Quinton] for the faith that he has shown in me. The announcement follows CVC Capital Partners’ acquisition of a minority stake in Premiership Rugby Limited. Official. 'Changing landscape' prompts Leicester sale. They were literally just dumped, it's so sad', Charnwood pub facing fine of up to £10,000 for allowing large gathering, The pub was in breach of the coronavirus restrictions with an estimated 500 people in attendance, 'Mayhem' outside Leicester chip shop as man rushed to hospital following assault, A police cordon was in place outside Bucks Chippy, on Buckmister Road, and three people have been arrested, One critical after serious crash which leaves M1 shut 'into the morning', A man was been arrested on suspicion of drink driving late last night, East Midlands Airport security guard faces sack for stealing passenger's £6,000 Rolex watch, She took it to Cash Converters - who gave her £1,000, Brendan Rodgers makes Leicester City transfer revelation as Man City deal with major injury trouble, Here are the latest Leicester stories on Sunday, September 27, 'We felt it was within our grasp' Leicester Tigers boss reacts to Euro exit, Nemani Nadolo and Harry Potter tries could not fire Tigers to final against Bristol Bears, Leicester Tigers player ratings from Challenge Cup semi-final defeat: 'Way short of his high standards', Tigers rugby writer Bobby Bridge focuses on the players who featured against Toulon, Driver's £100 fine fight after parking at airport BP filling station comes to an end, Roving gang of more than 20 youths terrorise town, The group banged on doors and windows and tried to knock one person off their moped, Terrified teenage girl attacked with knife by thieves, A 14-year-old boy was also hit with the weapon and a 12-year-old boy was robbed moments earlier, Pop star Paloma Faith bringing her tour to Leicester, Paloma is known for her distinctive voice and incredible song, Bus passenger says she was sworn at and told to 'grow up' after asking lady not to sit in taped-off seat, The woman told her 'grow up, **** off and get some respect', New mum blames alcohol after her first night out in a year ends in arrest, Kerry Onions blamed first taste of alcohol in months for her behaviour, Government makes its latest Leicester Lockdown announcement, The Department of Health and Social Care has reviewed the coronavirus infection rates in the city, Leicester shops that have closed permanently since lockdown, Some have blamed the pandemic for their demise, Cannabis user forced to grow his own because of virus lockdown - but then the police came calling, He couldn't get in touch with usual dealers, court told, Take a look at new Twilight Bar that has just opened at Leicestershire spa Ragdale Hall, It features 'luxurious and Instagrammable settings', Woman seriously injured after being trampled by cows in Leicestershire field, 'She came over the bridge from the field looking like a zombie'. Get latest scores and headlines sent straight to your phone, sign-up to our newsletter and learn where to find us on online.