Leicester Tigers consider IPO

Leicester Tigers are plotting an initial public offering (IPO) to raise more than £4.4m to develop their stadium. Rugby league’s Aviva Premiership champions had planned an IPO two years ago, but are now reviving the plans to pay for work at their Welford Road ground. The fundraising would help to build a multi-storey car park and could be used to improve changing-room facilities. Former CBI chief Lord Digby Jones has been brought onto the board to advise on the listing, which could be set for this autumn.