European Professional Club Rugby have released the following statement regarding the potential takeover of Gloucester by Montpellier owner Mohed Altrad through Altrad Participations.
It read: “EPCR would like to clarify its position regarding the proposed takeover of Gloucester Rugby by Altrad Participations.
“No decision has been taken regarding this application which is on the agenda for consideration at meetings of the EPCR Executive Committee and Board on 13 and 14 February next.
“The views of all European club rugby stakeholders are paramount as part of a fair and transparent decision-making process and EPCR remains committed to completing its due diligence regarding this matter and to assessing any potential risks to the integrity and reputation of its tournaments.”