Gloucester respond to EPCR statement about takeover

In the light of this morning’s statement from EPCR regarding an application for consent for the acquisition of a majority stake in Gloucester Rugby by Altrad Participations, Gloucester Rugby have issued the following response.
EPCR issued a statement on Friday morning confirming that they had received an application for consent for the acquisition of a majority stake in Gloucester Rugby by Altrad Participations – the owner of Montpellier Hérault Rugby – and that they had discussed the matter at the most recent meeting of its Executive Committee.
Gloucester Rugby’s CEO Stephen Vaughan responded on behalf of the club.
“We have pledged to remain as frank and open with all our stakeholders as we possibly can on this matter.
“Last week we confirmed that discussions had begun with Mr Altrad, but that any progress going forward was dependent on receiving approval from a number of relevant bodies.
“The statement from EPCR confirms that they have received communication from ourselves, We will, of course, strive to keep interested parties up to speed with developments as soon as we are in a position to do so.”