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Another loss for Leicester

LEICESTER Tigers have reported an operating loss for a fourth consecutive year but recorded a profit of £5.2m for 2019 because of CVC Capital’s investment in Premiership Rugby.
The £200m minority stake purchased by CVC last year saw the value of the up-for-sale club’s own shares in the competition rise £7.4m to £13.2m.
Without it, Tigers’ operating loss for 12 months up to June 2019 was £1.9m. The deficit is almost double the previous year’s figure.

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