Saudi Arabian investors in talks to take over at Gloucester Rugby
Saudi Arabian investors are in talks to take over Gloucester Rugby club.
Representatives of the Saudi sovereign Public Investment Fund (PIF), which bought Newcastle United in 2021, have been locked in discussions with Leicester Tigers and Northampton Saints with a view to pumping seven-figure sums into the clubs, according to The Telegraph.
PIF is also considering takeover deals for Newcastle Falcons and Gloucester.
It was claimed that initially Gloucester was the sole target for PIF.
Reports suggest that the group is look... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
