Tigers and Foxes agree to groundshare

Leicester City football club and Leicester Tigers rugby club have agreed in principle to create a joint company to buy the Walkers Stadium.

The two clubs today unveiled exciting plans to turn the Foxes’ home “into a sports super stadium for football and rugby”.

A joint statement read: “The new company would be owned on a 50:50 basis by Leicester City and Leicester Tigers. Both clubs believe this would be a visionary and ground-breaking venture, unique in British sport.

“The stadium would be re-branded – inside and out, to reflect its joint ownership and a new playing surface would be installed to accommodate both football and rugby.

“The work would be carried out in time for the start of next season.

“The stadium would also be used to host international football and rugby matches, other sporting fixtures, concerts and special events.

“Discussions are taking place with the governing bodies for football and rugby, and between Leicester Tigers and the city council to agree a satisfactory financial settlement for the surrender of Tigers’ lease on the Welford Road site and between Leicester City and the American institution who owns the stadium.”