- Move marks the end of Nigel Wray’s 26-year ownership
- Takeover seen as clean break after salary cap scandal
Saracens have announced a takeover deal worth £32m as the club owner hands control to an investment consortium that includes Francois Pienaar, the former South Africa World Cup-winning captain.
Nigel Wray has agreed the terms of a takeover for the former Premiership and European champions by a group of investors led by Dominic Silvester, the chief executive of Enstar Group, a multinational insurance company. The deal will mark the end of Wray’s 26-year club ownership.
