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Wednesday, October 20, 2021

Saracens agree £32m takeover deal

IDBS ART GALLERY

Saracens have agreed a £32m takeover deal that will see a consortium of investors acquire a majority controlling stake in the club.

The consortium includes South African World Cup-winning captain and former Saracens player Francois Pienaar.

Nigel Wray, the club’s owner for 26 years, retains “a significant minority shareholding, albeit a passive one”.

Chairman Neil Golding remains in his role, as does chief executive Lucy Wray.

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