Gloucester 'would welcome' takeover talks - Stephen Vaughan

Kingsholm
Gloucester have been owned by the Walkinshaw family since 1997

Gloucester "would welcome" discussions over the potential sale of the Premiership club, according to chief executive Stephen Vaughan.

A report in the Sunday Times claims the club has been put up for sale for £25m.

Vaughan confirmed Cavendish Corporate Finance has been asked to conduct a strategic review of the club.

"If the right calibre of new ownership is found that can accelerate the club's objectives then we would welcome those discussions," he said in a statement.

Gloucester, currently ninth in the Premiership and in the semi-finals of the European Challenge Cup, have been owned by Walkinshaw family since 1997.

They are currently controlled by 27-year-old Ryan Walkinshaw, who took over following the death of his father Tom - a former Formula 1 team owner - in 2010.

However, the Sunday Times says that a deal to sell the club could be completed within weeks.

Vaughan said Gloucester would be an attractive proposition for potential investors.

"Gloucester Rugby is a well-run club," he said. "We make profit on a regular basis, own our own ground, generate income from off-field activities and are proud to be hosting four Rugby World Cup fixtures later this year."

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