Gloucester Rugby Club and the Kingsholm Supporters Mutual will continue to work together to develop the new Grandstand for the start of the 2005/06 season.
The Kingsholm Supporters Mutual (KSM) is the supporters' organisation set up in 2003 by Gloucester Rugby Club to assist it with the original plans to redevelop Kingsholm.
The KSM had asked the Club to revive plans for a supporters' share issue, and chairman Bob Rumble said: "Like all Gloucester fans, we were delighted when the Club announced that it had decided to proceed with plans to redevelop the main grandstand at Kingsholm. We felt that it was the time for the Club to proceed with the plans for a supporters' share issue that they outlined when re-development was first proposed in 2003."
Gloucester Rugby Club managing director Ken Nottage said: "Firstly we would like to thank the KSM for their continued support. We have met with Bob Rumble, the organisation's chairman and explained that we do not currently intend to proceed with the share issue.
"Bob was very understanding. The financial position of the Club has improved year on year and this has made it easier to source competitive funding from other areas for the new Grandstand development.
"The decision to go ahead with the new development was only made two weeks ago. We're well aware of the timescales we have to work within in order to have the seats in place for the new season.
"The share issue is not a viable option at the moment. We won't rule it out in the long term, but both ourselves and the KSM, through Bob the Chairman, have agreed that the supporter's organisation still has a large role to play in the future of this club.
"We are considering acknowledging the initial pledge from the KSM and its members with a form of benefits in the new season ticket packages for the 2005/06 season.
"Over the course of the next few weeks we'll be meeting with the KSM and confirming the role that they hope to play in terms of fundraising to help us towards our goals."
Bob Rumble added: "We have received confirmation this week that they do not intend to proceed with the share issue and we have asked them to re-consider this decision, which they have addressed, and they haven't ruled it out in the long term, but it's not viable at the moment.
"The most important thing now is that we sit down and plan how we can help, and the good news is that current KSM members will also have a benefits package within the new season tickets. Time is vital and the sooner we get going the better."
Skipper Billy Twelvetrees led Gloucester Rugby to European glory on Friday evening, scoring the crucial try on a memorable night for the Cherry and Whites. After the game, he paid tribute to his team's performance under pressure in the latter stages as they withstood a ferocious late Edinburgh fightback.
Speaking to GRTV, James Hook admitted that, after a superb opening, Gloucester really had to pass a test of character to hold off Edinburgh and lift the European Rugby Challenge Cup. He paid tribute to his team mates for all their hard work on what was a great day for the club.
Speaking to the assembled media this week, Gloucester Rugby club captain Billy Twelvetrees explains that the squad are ready for the final and that it will be an honour to lead the Cherry and Whites out in the Challenge Cup final.
Gloucester Rugby scrum half Greig Laidlaw will line up against former team mates Edinburgh Rugby on Friday evening, but the focus is firmly on his own roles as the Cherry and Whites gear up for the EPCR Challenge Cup final at The Stoop.
Speaking to the media ahead of Friday evening's European Rugby Challenge Cup Final against Edinburgh, Director of Rugby David Humphreys stressed that his improving Gloucester team will need to perform at their best to prevail against a tough Edinburgh side.
Dan Robson, a second half try scorer in the 42-40 win over Newcastle on Saturday, admitted that Gloucester had started slowly but that the second half comeback showed real character and maintains momentum going into Friday's European final.
Gareth Evans was a first half replacement for the Cherry and Whites on Saturday afternoon, but the back rower's impressive carrying kept the hosts on the front foot when they needed it most to snatch a dramatic comeback win.
After his last ditch try clinched the 42-40 Aviva Premiership victory over Newcastle at Kingsholm on Saturday, Billy Burns told GRTV that all the Gloucester team deserve credit for hanging in there against a Falcons team who really made life tough for the Cherry and Whites.
Figures released by EPCR following Gloucester winning the European Rugby Challenge Cup on Friday evening show that, unsurprisingly, a number of those wearing Cherry and White showed up well in the various statistical categories.
Speaking after the European Rugby Challenge Cup triumph on Friday evening, Director of Rugby David Humphreys was thrilled with how the Cherry and Whites managed the game and secured the first major European silverware for nine years.
Friday night saw the Cherry and Whites lift the European Rugby Challenge Cup following the 19-13 victory over Edinburgh Rugby. The club photographer caught the best of the action and celebrations from The Stoop.
Once again for Gloucester, it went right to the very last whistle, the 14 men in Cherry and White hanging on heroically to win the European Rugby Challenge Cup by 19 points to 13 over Edinburgh at the Stoop on Friday evening.
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