EPCR confirm Mohed Altrad's interest in buying Gloucester

EPCR confirm Mohed Altrad’s interest in buying Gloucester

  • EPCR on Friday issued a statement confirming interest from Montpellier’s owners in acquiring shares in Gloucester
  • Altrad also owns French Top 14 side Montpellier
  • Gloucester have said the clubs would remain “independent”
France-based businessman Mohed Altrad’s bid to take majority ownership of Gloucester Rugby is being considered by European rugby’s governing body.

The EPCR statement said: “EPCR has 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 has discussed the matter at the most recent meeting of its Executive Committee.

“To have a controlling influence on two clubs participating in European club competition would require consent from the unions concerned (in this case, the RFU and the FFR who are both shareholders and are represented on the EPCR Board) as well as from World Rugby and EPCR itself.

“EPCR has written to the three organisations in question, asking for their clarified positions on the matter.

“EPCR is committed to completing all of its due diligence regarding this matter and to assessing any potential risks to the integrity and image of its tournaments in which both clubs participate, by avoiding any potential conflict of interest, or perception thereof. It is important to consider the views of all stakeholders as part of a fair, thorough and transparent decision-making process.”

Last week, Gloucester confirmed that there were discussions with Montpellier owner Mohed Altrad with regards to a potential shareholder interest in the club.