Alain Penaud (born 19 July 1969) is a French former rugby union player who held the position of fly-half.

He started rugby for his hometown club US Juillac-Objat, near Brive-la-Gaillarde, at the age of 13 and then moved to Brive three years later.

Alongside Sébastien Carrat, Christophe Lamaison, David Venditti and Sebastien Viars, he formed a formidable back line.

Penaud has been in and out of the side for France, though still appeared in the 1997 Grand Slam win, including a last-minute victory against England at Twickenham.

[5] He moved to Saracens for the 1998–99 Allied Dunbar Premiership season to replace Michael Lynagh, and scored a try on his debut against Northampton Saints.

[6] Despite a three-year contract, he spent only one season across the channel (finishing 3rd in the league), preferring, for family reasons to return to France at Toulouse, where he won 2000–01 Élite 1.