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[SPORTS] · France · 2 sources

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Mohed Altrad's succession uncertainty threatens Montpellier rugby

Montpellier Hérault Rugby (MHR) president Mohed Altrad, the 78‑year‑old billionaire who has led the club since 2011, says he has invested roughly €10 million a year in the team. While he describes his passion for the sport as growing over fifteen years, Altrad admits he has no clear plan for handing over control. He rules out his children taking over, stating they lack the willingness and financial capacity, and he sees no viable path for a minority shareholder to become the majority owner.

Altrad warned that without a succession plan the club could face serious trouble, even suggesting that if something happened to him “there would be no rugby in Montpellier.” The comments highlight the financial and leadership challenges facing the French rugby club as it looks to secure its future beyond Altrad’s tenure.

Entities

Mohed Altrad · Montpellier Hérault Rugby