Premiership Side Confirm Montpellier Owner Is Interested In Buying A Stake At The Club

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Montpellier’s owner is interested in buying a stake in Gloucester.

Gloucester have confirmed that there have been discussions with Montpellier owner Mohed Altrad with regards to a potential shareholder interest in the club. The English side stressed that the relevant bodies would need to give consent for any deal.

The Top 14 side have become one of the biggest spenders in the league in recent seasons and any investment on their part by the owner, could mean a significant cash boost for Gloucester going forward.

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“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.”

What do you think of the possibility of Montpellier’s owner buying a stake in Gloucester?

Jason Hennessy

Jason Hennessy

Jason is the editor at RugbyLAD. Any queries big or small you can reach him at [email protected]
Jason Hennessy