Gloucester confirm discussions with Montpellier owner

Date published: December 7 2016

Gloucester have confirmed that there have been discussions with Montpellier owner 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,” read a club statement.

“In the event of any investment, both Gloucester 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 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 remain committed to keeping supporters informed with regards to any developments.”