GLOUCESTER have responded to speculation linking them with a possible major backer by saying the current majority shareholders were ‘committed to the future’.
Syrian-born billionaire Mohed Altrad is in ‘advance talks’ with the Cherry and Whites, according to French media reports, about becoming the majority shareholder at Kingsholm, just months after Martin St Quinton bought them from the Walkinshaw family.
The Syrian owns two clubs in France and a big stake in Gloucester would give him a foot in the Aviva Premiership.
A statement from Gloucester about reports said: “Gloucester Rugby are aware of the speculation from various media channels linking the club with a potential majority shareholder interest.
“The board of Gloucester Rugby have always stated that if the right investment to take the club forward is found that we would welcome discussions.
“Martin St Quinton and the executive team are committed to the future of the club, and if there are significant strategic benefits that can be sought by introducing the right people to the club who share our drive and ambition then we will act in the best interest of the club.”
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