US businessman Bill Foley completes Bournemouth takeover
American businessman Bill Foley has completed his takeover of Bournemouth after receiving ratification from the Premier League.
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American businessman Bill Foley has completed his takeover of Bournemouth after receiving ratification from the Premier League.
Bournemouth have been taken over by Black Knight Football Club led by American businessman Bill Foley, the Premier League side announced on Tuesday after former owner Maxim Demin sold his 100 per cent stake and the league ratified the deal.
Gary Neville has reiterated his concern at the growing number of American owners of Premier League clubs amid the potential takeover of AFC Bournemouth.
Five points from three games is the sort of tally which, in the right context, can result in caretaker coaches being handed more permanent managerial postings. Throw in a trio of very decent performances since Gary O’Neil took interim charge of Bournemouth in the wake of Scott Parker’s sacking and it is easy to imagine the Las Vegas-based consortium currently in advanced talks to buy the south-coast club from its current owner Maxim Demin wondering whether to stick rather than twist.
Bournemouth could be bought for £150m Bournemouth’s owner Maxim Demin has been trying to sell the club for the past four years and The Sun reveals that an American billionaire, Bill Foley, already owns the Vegas Golden Knights in the NHL and is looking to establish an MLS team in Las Vegas too. An asking price of £150 million has been mentioned.
A Las Vegas-led consortium is pushing to buy Bournemouth, the PA news agency understands.
Bournemouth’s owner, Maxim Demin, is in talks with a consortium led by Bill Foley, the owner of ice hockey’s Vegas Golden Knights, over a potential sale for about £150m. If successful, it would mean that more than half the Premier League’s clubs have minority or majority US shareholders.
A Las Vegas-led consortium is pushing to buy Bournemouth, the PA news agency understands.