BusinessBusiness RecoveryBaker Tilly partner takes charge at Leicester City

Baker Tilly partner takes charge at Leicester City

Leicester City FC has appointed a Baker Tilly partner as its new chief executive.

Link: Leicester City sold to Lineker Consortium

The club went into administration last October and was sold in February to a consortium led by Gary Lineker.

Baker Tilly partner Tim Davies, who was part of that consortium, was appointed chief executive shortly after the consortium bought the club.

Davies had originally formed a small consortium and his own rescue package when he heard Leicester City was collapsing under debts of £30m. Later, he decided to link up with the Lineker consoritum.

Davies explained: ‘Gary was putting together a consortium called New Fox plc, so it made sense for us to work together.

‘I was born in Leicestershire and went to my first match with my father, who was a season ticket holder, when I was five years old. Helping my favourite club get back into the black will be a huge and exciting challenge.

Related Articles

Carillion CFO blew whistle over 'sloppy accounting' months before collapse

Business Recovery Carillion CFO blew whistle over 'sloppy accounting' months before collapse

3m Alia Shoaib, Reporter
Toys R Us UK and Maplin enter into administration after failing to secure buyers

Business Recovery Toys R Us UK and Maplin enter into administration after failing to secure buyers

3m Alia Shoaib, Reporter
How to avoid a Carillion collapse

Business Recovery How to avoid a Carillion collapse

4m Russell-Cooke
Carillion collapse: The week so far and industry reaction

Business Recovery Carillion collapse: The week so far and industry reaction

4m Emma Smith, Managing Editor
Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

Business Recovery Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

4m Emma Smith, Managing Editor
Carillion: PwC appointed as special managers – what happens now?

Business Recovery Carillion: PwC appointed as special managers – what happens now?

4m Emma Smith, Managing Editor
Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

5m Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

5m Emma Smith, Managing Editor