Gloucester 'would welcome' takeover talks - Stephen Vaughan

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 Timesexternal-link 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.external-link

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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