• Home
  • Topics
  • Common ownership of sports teams: Gloucester RFC case confirms the principles from "ENIC" decision

Common ownership of sports teams: Gloucester RFC case confirms the principles from "ENIC" decision

Rugby ball in stadium
Friday, 19 May 2017 By Phil Bonner

In April 2017, it was reported that Premiership Rugby had voted against[1] a proposed investment in Gloucester RFC by the France-based billionaire Mohed Altrad[2]

Under the terms of the proposed investment, Mr Altrad would have purchased a 45% stake in the Cherry and Whites, who compete in the Aviva Premiership and progressed to the final of the 2016/17 edition of the European Rugby Challenge Cup, European Rugby Union’s second tier competition. 

However, the board of Premiership Rugby was reported[3] to have voted to restrict that investment to just 20%, despite Mr Altrad having already scaled down his original plan to purchase a 55% stake in Gloucester RFC to 45%[4].

This article examines the issue of common ownership of clubs in rugby and European football. Specifically, it looks at:

  • Why Premiership Rugby was only prepared to allow a 20% investment by Mr Altrad in Gloucester RFC; 

  • How common ownership of football clubs is dealt with by UEFA (a look at the principles from the “ENIC” case);

  • How common ownership of football clubs is dealt with in England (a look at the Owners and Directors Test); and

  • The English Football League’s 2013 decision to place limits on loan transfers (the Watford FC example).

Continue reading this article...

Register with your email and password
Already a member? Sign in

Get access to all of the expert analysis and commentary at LawInSport including articles, webinars, conference videos and podcast transcripts.  Find out more here.

Related Articles

About the Author

Phil Bonner

Phil Bonner

Phil Bonner is an associate at Centrefield LLP, a sports and media law boutique based in Manchester, England.

  • This email address is being protected from spambots. You need JavaScript enabled to view it.

Leave a comment

Please login to leave a comment.


Legal Advisors

Upcoming Events

There are no up-coming events

Copyright © LawInSport Limited 2010 - 2021. These pages contain general information only. Nothing in these pages constitutes legal advice. You should consult a suitably qualified lawyer on any specific legal problem or matter. The information provided here was accurate as of the day it was posted; however, the law may have changed since that date. This information is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. LawInSport is not responsible for any actions taken or not taken on the basis of this information. Please refer to the full terms and conditions on our website.