Leicester Tigers CEO, Andrea Pinchen, stated that despite the club’s opposition to the Premiership’s salary cap increase, they will spend up to the limit for the upcoming season while cutting costs in other areas. The salary cap is set to rise from £5m to £6.4m. The club, facing a £1.5m pre-tax loss, has undergone restructuring, resulting in off-field redundancies. Pinchen emphasized the focus on investing in rugby, mentioning the need to fill their stadium. While acknowledging the financial challenges, she clarified that it’s not an immediate crisis. Pinchen opposed the salary cap increase, citing the economic turmoil in English rugby and the impact of the pandemic. The club is also repaying loans taken during the pandemic. Despite the financial struggles, Pinchen highlighted the importance of working together within the rugby community for the sport’s growth.
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