Severe Financial Pressure Causes Leicester to Consider Job Cuts

Severe Financial Pressure Causes Leicester to Consider Job Cuts

The substantial financial loss incurred by Leicester Tigers during the lockdown period may require them to cut jobs at the club.

It has been reported that Leicester has suffered a loss of around 5 million Pounds as a result of zero gate-money and merchandise sales since 16 March.

Club Chairman Peter Tom said:

"Against this background, a number of tough decisions have already been made with the club’s long-term interests at heart.

“Players and staff have faced a reduction in salary during this period and many of them have been placed on furlough using the Government scheme.


“Also, we have already seen some of our senior colleagues leave the club and, after exploring all the options, there is a risk of staff redundancies with a consultation process underway across the business.

“It is a situation none of us could have foreseen, but it is one we are working through together to allow the club to come out the other side as strongly as possible.”


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