The English Premiership club – valued at a reported $350m – has made no secret of its hunt for new investors, adding it could include ‘an offer for the entire share capital’.
CEO Rick Parry said: “Due to the reports over the weekend, we were obliged to make a statement and write to shareholders.
“It's a formality, but there has been no change to the situation.
“Our position regarding the need for investment has been well documented, not least at February's AGM which was reported extensively by the media at the time.
“The board has not changed its strategy and despite the comments attributed to so-called experts this afternoon, this is not fresh news.”
