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Tigers for sale
mrangry (IP Logged)
25 June, 2019 10:40
Reports that Leicester Tigers are being put up for sale after CVC bought a slice of the club. Also statements that Tigers are the most successful side in the professional era- surely open to debate. Does this represent the start of Rugby going the way of soccer, and teams being used as business ventures/rich mens (womens) playthings? Or are the peole running Leicester fed up with not being able to achieve things?

 
Re: Tigers for sale
Barty II (IP Logged)
25 June, 2019 12:07
Ten Premiership titles, two Heineken Cups and 5 (I think) Anglo-Welsh Cups.

Like it or not, "most successful side in the professional era" is a fact - as rubbish as they have been recently.

We've got a way to go yet to match their level of prolonged domination... but it does show, the bigger they are, the harder they fall

 
Re: Tigers for sale
Tigersfan1 (IP Logged)
25 June, 2019 12:20
Thanks for that post Barty, nicely put. I think the 5 (in total) HC finals and the 13 consecutive top 4 finishes etc are relevant too. Nobody comes close to the consistency over the 20+ years. Obviously I'm hoping the record, plus strong financial position and supporter base, will attract positive interest and that Peter Tim can manage a disposal to a good new owner.

Naturally the current on-field plight isn’t a positive (in any respect!) but the right owner will hopefully be looking at the longer term. We shouldn’t be in the doldrums on field for too long if managed properly.

 
Re: Tigers for sale
Banzaiwarrior (IP Logged)
25 June, 2019 12:23
£50 take it or leave it



“The boys have fight in them intrinsically and that comes when you lose tight games together before.But it’s also the relationships we have,it’s an amazing group to be part of.Everyone on the outside hates us but we don’t care,if you come in,you will get so much love you won’t want to leave” B.Vunipola 2017

 
Re: Tigers for sale
JO'G (IP Logged)
25 June, 2019 12:26
lets hope the new owner sweeps out the current farce at the top/middle management level which is almost certainly the cause of Tiggers situation

not to say individually they are well meaning, intellengent people - but together they could not run Everards Brewery

 
Re: Tigers for sale
bg (IP Logged)
25 June, 2019 13:45
Quote:
mrangry
Reports that Leicester Tigers are being put up for sale after CVC bought a slice of the club. Also statements that Tigers are the most successful side in the professional era- surely open to debate. Does this represent the start of Rugby going the way of soccer, and teams being used as business ventures/rich mens (womens) playthings? Or are the peole running Leicester fed up with not being able to achieve things?

The long standing owner/investor (smaller investor), Peter Toms is now 79 and has a much younger wife (early 50's I think) and accordingly youngish children so is probably aware that he needs to concentrate on their futures.

The major shareholder, Scott, seems to have acquired a lot of shares via the construction of the one of the stands (the Cat stand). He's been recieving loan interest payments plus received shares as an option and its seems this point in time was his first opportunity to sell all those shares, and as a businessman, he's done so making a hefty profit.

What's slightly peculiar is that the notice of the sale seems to have been made public, without the process seemingly even started.. i.e. normally all this would take behind closed doors out of the public/media's gaze, with a number of suitors already lined up.

I wonder if it was a somewhat rushed decision by the 2 main shareholders

 
Re: Tigers for sale
Sarriebone (IP Logged)
25 June, 2019 14:43
Quote:
Banzaiwarrior
£50 take it or leave it

I'll go £51 and a half eaten bag of Quavers and not a penny more!

 
Re: Tigers for sale
tigerburnie (IP Logged)
25 June, 2019 15:25
An external review was ordered and apparently this is the outcome of that review, with a new car park joint venture with the local hospital opposite, funds were going to be needed, then there's the hotel and new crumbie stand to be built, so I guess we will have to see what comes of it all.

 
Re: Tigers for sale
renko (IP Logged)
25 June, 2019 15:59
there has been no sale as yet - so no share holders have sold with a any kind of profit as yet. The announcement is of the opportunity to buy the club to the right investor through due process. They have certainly received overtures over recent months and I am sure have discussed opportunities with others but as of yet no deal. Also a poster above said that CVC bought a slice of the club - no, CVC bought a slice of Premiership Rugby not a part of any club.

 
Re: Tigers for sale
mrangry (IP Logged)
25 June, 2019 16:00
Thanks for the info bg, I did wonder how they were financing their ground developments. It does make a lot of sense for a few clubs to look for "extra" financing to pay for planned (as in the case of Tigers) or necessary development. But it does pose thge question of what we would do without Nigel.
And as for the sucess, what about Toulouse ( 4 HC wins, 2 losses, 9 French championships 2 losses) etc? I do feel that there is too much looking at English clubs and forgetting there are other nations too.

 
Re: Tigers for sale
Banzaiwarrior (IP Logged)
25 June, 2019 16:02
Prepared to add a further 2 bob and a bike lamp



“The boys have fight in them intrinsically and that comes when you lose tight games together before.But it’s also the relationships we have,it’s an amazing group to be part of.Everyone on the outside hates us but we don’t care,if you come in,you will get so much love you won’t want to leave” B.Vunipola 2017



Edited 1 time(s). Last edit at 25/06/2019 16:02 by Banzaiwarrior.

 
Re: Tigers for sale
Duncan96 (IP Logged)
25 June, 2019 17:08
I hadn’t realised that 39% of the club is owned by 10,000 supporters. Obviously strong supporter representation didn’t stop the club being run badly here, which appears to be the accusation behind the sale/fund raising.

Am I right in believing they’ve had few players come up through their academy in recent years? I wonder if they’ve put that right. Might take a while to turn things round if that’s the case as simply buying in isn’t easy.

 
Re: Tigers for sale
tigerburnie (IP Logged)
25 June, 2019 17:25

 
Re: Tigers for sale
Bracken&Macken (IP Logged)
25 June, 2019 18:14
I imagine they've looked at the financial practices of certain clubs and decided that this isn't the game for them.

Could see this happening more and more, decent rugby men turning their backs on clubs because they want to run a rugby club rather than concentrating on ways to break the rules to win.

 
Re: Tigers for sale
london pride (IP Logged)
25 June, 2019 18:37
Quote:
Bracken&Macken
I imagine they've looked at the financial practices of certain clubs and decided that this isn't the game for them.
Could see this happening more and more, decent rugby men turning their backs on clubs because they want to run a rugby club rather than concentrating on ways to break the rules to win.

Or even more likely they have looked at their own club,and thought it's time to get out.

 
Re: Tigers for sale
GazzaFez (IP Logged)
25 June, 2019 18:55
A lot of the reasons quoted for the sale of Tigers do resonate with me. However what I can't fathom is how on earth anybody realistically thinks the club is worth £60M. That seems fanciful at best. I appreciate it's a starting figure but anyone buying in that ball park is after a plaything rather than a solid investment.

 
Re: Tigers for sale
King Zak (IP Logged)
26 June, 2019 08:04
As Premiership rugby is owned by the clubs, I suppose it makes sense that CVC would now look to invest in a club too.



Nous sommes l'armée noir et rouge !

 
Re: Tigers for sale
NewPotnoodlehorn (IP Logged)
26 June, 2019 08:24
I think Wasps should buy the club and move it to Newcastle


(Sm159)

 
Re: Tigers for sale
saracen1971 (IP Logged)
26 June, 2019 13:45
Paging Mr Ashley, Mike Ashley to reception please.

 
Re: Tigers for sale
TOKS (IP Logged)
26 June, 2019 13:50
Quote:
london pride
Quote:
Bracken&Macken
I imagine they've looked at the financial practices of certain clubs and decided that this isn't the game for them.
Could see this happening more and more, decent rugby men turning their backs on clubs because they want to run a rugby club rather than concentrating on ways to break the rules to win.

Or even more likely they have looked at their own club,and thought it's time to get out.

Don't feed the .....

 
Re: Tigers for sale
JO'G (IP Logged)
26 June, 2019 14:00
Quote:
Duncan96
Am I right in believing they’ve had few players come up through their academy in recent years? I wonder if they’ve put that right. Might take a while to turn things round if that’s the case as simply buying in isn’t easy.

The Tiggers academy was once the best in the league. Having Loughborough on their doorstep also helped. I understand that a decision was taken around 10 years ago to spend less because there was a problem with too many academy players being in the side and choosing who to keep and who to let go was tricky. It also caused ill feeling with supporters

Unfortunately, the cutbacks coincided with other teams stepping up and where once Tiggers contributed 25% of the England U20s now they were lucky to get 1 or 2 per year - one or two years they had nobody at all. I understand that in the last year the investment is back to the previous level but they still only managed 1 member of the U20s RWCup squad

 
Re: Tigers for sale
GazzaFez (IP Logged)
26 June, 2019 15:06
Quote:
JO'G
They still only managed 1 member of the U20s RWCup squad

TBF we only had two in this year's U20 world championship ourselves; Joel Kpoku and Manu Vunipola as far as I'm aware anyway.

 
Re: Tigers for sale
renko (IP Logged)
26 June, 2019 18:14
Quote:
JO'G
Quote:
Duncan96
Am I right in believing they’ve had few players come up through their academy in recent years? I wonder if they’ve put that right. Might take a while to turn things round if that’s the case as simply buying in isn’t easy.

The Tiggers academy was once the best in the league. Having Loughborough on their doorstep also helped. I understand that a decision was taken around 10 years ago to spend less because there was a problem with too many academy players being in the side and choosing who to keep and who to let go was tricky. It also caused ill feeling with supporters

Unfortunately, the cutbacks coincided with other teams stepping up and where once Tiggers contributed 25% of the England U20s now they were lucky to get 1 or 2 per year - one or two years they had nobody at all. I understand that in the last year the investment is back to the previous level but they still only managed 1 member of the U20s RWCup squad

Yes, Tigers academy went off the radar but was put back on track 3/4 years ago. They have won the U18 premiership for the last 2 years with an unbeaten record. Whether any come through to England U20s (and onto their first team) is a different matter as the selection for U20 has been very odd this year with Jim Mallinder in charge and a poor WC campaign.

 
Re: Tigers for sale
JO'G (IP Logged)
27 June, 2019 09:38
Exeter 5
Sale 5
Glaws 3
Saints 3
Wasps 2
worcester 2
Sarries 2
Newcastle 2
tiggers 1
Bristol 1
Bath 1
Leeds 1

the high number of Exeter and Sale guys and then pretty well spread out - none from Quins though althuogh Smith did pull out to be in the senior squad

didn't do very well though compared to other years

 
Re: Tigers for sale
SarrieSaint (IP Logged)
27 June, 2019 17:19
Quote:
JO'G
the high number of Exeter and Sale guys and then pretty well spread out - none from Quins though althuogh Smith did pull out to be in the senior squad

didn't do very well though compared to other years

On the other hand a number of those Exeter Academy played against the Sarries Academy in the Premiership game at the end of the season and I don't recall any of the Sarries Academy being out-played.

Whether it's coaching, attitude or the raw talent this JRWC was not a great performance. The fact that both Vunipola and Kopoku can hold their heads up after it says a lot about their quality and contribution. Much of the rest of the squad won't be able to do the same.

 
Re: Tigers for sale
Convex Hull (IP Logged)
12 July, 2019 18:50
Quote:
NewPotnoodlehorn
I think Wasps should buy the club and move it to Newcastle

(Sm159)


(Sm102)smiling smiley



Regardez mon visage. Suis-je bovvered?

 
Re: Tigers for sale
scrappydoo (IP Logged)
13 July, 2019 12:11
Just been on the Tigers official forum where one fan has said what if Wray bought Tigers and merged them with us. Said only May, Ford and Manu would make a merged team.

[forum.leicestertigers.com]

The predictable Farrell v Ford discussion started. Not sure Manu would displace Brad, Alex or Nick. May I would be excited about.



Edited 1 time(s). Last edit at 13/07/2019 12:14 by scrappydoo.

 
Re: Tigers for sale
TonyTaff (IP Logged)
13 July, 2019 16:51
If we did that, Manu and Ford would be playing in our 2nds and May might get a few starts but with otherwise be vying with Lewington and Daly for the 23 shirt!



£721.05 (*) donated to the Saracens Foundation due to visits to the Sarries frontpage [www.rugbynetwork.net]

Please read and submit articles for publication. (*) As at October 31, 2018.

 
Re: Tigers for sale
myleftboot (IP Logged)
15 July, 2019 19:46
May would be in, Tuilagi, maybe at 13, but not first choice every week. Ford? Struggles to make the bench, with no versatility

 
Re: Tigers for sale
SarrieSaint (IP Logged)
15 July, 2019 19:57
May cruises into our XV over anyone bar Liam Williams. The guy is genuine class and is probably one of the hardest working wingers in the League. Also ideally suited for Sarries kicking game.

At his best you'd want to find a place for Manu but it's been a while since his best and for how Sarries currently play he doesn't offer the defensive solidity of Barritt at inside centre or the pace and skills of Lozo or Tompkins at outside. Ofc he does offer a more direct threat than all three but would the compromises needed to accommodate that be worth it?

Ford is a very good flyhalf but mlb said above lacks utility. Not even sure he makes the bench tbh. Not because he's not good enough but because I'd probably prefer to see 10 covered by Goode or even Lozo and have a better utility player on the bench.

I'd happily see Genge at Sarries although with Barringtons form at the end of the season he wouldn't be guaranteed a start either.

Just goes to show what a great squad the coaches have assembled.


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