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Gloucester confirm takeover discussion

Gloucester RFC

Gloucester today issued the following statement regarding rumours that have appeared recently in the media regarding the club and Mohed Altrad.
It read: “ Rugby can confirm that there have been discussions with Mohed Altrad with regards to a potential shareholder interest in the club.
“Any agreement would need to have the consent of the relevant regulatory bodies and currently there is no agreement entered into or guarantee of an investment.
“In the event of any investment, both Gloucester Rugby and Montpellier will remain separate entities, independent and autonomous from each other. Both clubs would be extremely keen on maintaining their own identity, culture and governance.
“Any potential investment in Gloucester Rugby would be seen as an important opportunity to develop the club, the players and make an important contribution to the community, priorities the Board has always evoked.
“Gloucester Rugby remain committed to keeping supporters informed with regards to any developments.”

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