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."
Speaking to the media following the 31-33 West Country Challenge Cup defeat to Exeter Chiefs at the Memorial Stadium, Director of Rugby David Humphreys was full of praise for his side's battling qualities in a bruising encounter but concerned about the injuries picked up.
The West Country Challenge Cup fixture against the Exeter Chiefs at the Memorial Stadium in Bristol on Saturday (kick off 3pm) will be Gloucester's last chance to work on things like new combinations says Director of Rugby, David Humphreys.
Speaking after the 30-21 West Country Challenge Cup defeat at Bath, Director of Rugby David Humphreys spoke of the improvements his team are making as preseason progresses but acknowledges that there is still work to do ahead of the start of the Aviva Premiership.
Speaking to the local media ahead of Saturday's trip to Bath Rugby in the West Country Challenge Cup, front rower Nick Wood spoke of the hard work put in across the extended preseason and highlighted the competition for front row spots in the squad.
Gloucester have named a 30 man squad for the latest round of West Country Challenge Cup action against Bath on Saturday, with Director of Rugby David Humphreys stressing the need to keep an eye on player workload ahead of what will be a long, tough season.
Describing the 50-7 West Country Challenge Cup win over Bath on Sunday as a '...good hit out...', wing Charlie Sharples admitted that it had been a good opportunity to put into practice things that the squad have been trying out in training in recent weeks.
Speaking to the local media after the 50-7 victory over Bath Rugby on Sunday, David Humphreys was happy with his squad's effort, with the most important aspect being the game time earned by his players.
Gloucester make wholesale changes to the side that started at Exeter last Saturday as they prepare to take on Bath at the Memorial Stadium, Bristol on Sunday in the West Country Challenge Cup (kick off 3pm). The Director of Rugby told GRTV that the players are raring to go and that he's looking forward to seeing different combinations in action.