Leicester Tigers shareholders have approved the redemption of loan notes and purchase of shares by director Tom Scott.A lifelong Tigers supporter, Scott can buy 3million shares at £1.83 each, increasing his holding of ordinary shares to 45.73 per cent.
As well as this investment, the purchase will also save the club almost £250,000 a year in interest payments on the loan notes.
A chartered accountant, Scott is involved in a number of Channel Islands and UK businesses, and said: “I first became a shareholder in Leicester Tigers in 2008 when the Club was raising funds or the new main stand and from there I was asked to join the Board. I have no plans for changing the way the Club is run and I want the same as all supporters and that is to see us be successful every season.”
Three resolutions relating to the proposals were approved at a shareholders meeting at Welford Road today.
Leicester Tigers chairman Peter Tom CBE said: “We are very happy that Tom Scott wants to commit to increase his investment in the future of the Leicester Tigers at a time when are looking at a number of major projects to develop facilities for the players and our supporters.”
News
Shareholders' meeting
19 August 2015 5:11 PM

Share this article
More news
Articles
Shareholders' meeting
19 August 2015 4:11 PM
Tickets for Sale Sharks showdown now on sale
17 March 2025 10:00 AM
International Round-Up | Bittersweet end for Tigers
16 March 2025 8:00 AM
Ilione honoured with Topps Tiles Triumph for February
13 March 2025 1:23 PM
Tigers Grounds Team win industry award
14 March 2025 10:00 AM
Book your place today >
Tigers Training Days to launch for Girls
6 March 2025 10:30 AM
Tickets now on sale >
Post-match Chat | Hanro Liebenberg
14 March 2025 5:39 PM
Gallery | Tigers vs Munster
14 March 2025 5:40 PM