Bill Foley attends Bournemouth game amid takeover talks

By: The Associated Press Posted: 9:33 AM CDT Saturday, Oct. 8, 2022

BOURNEMOUTH, England (AP) — American businessman Bill Foley attended Bournemouth's Premier League game against Leicester on Saturday amid reports that he is close to completing a takeover of the club.

Read this article for free:

or

Already have an account? Log in here »

To continue reading, please subscribe:

*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.

Read unlimited articles for free today:

or

Already have an account? Log in here »

Hey there, time traveller!
This article was published 08/10/2022 (1423 days ago), so information in it may no longer be current.

BOURNEMOUTH, England (AP) — American businessman Bill Foley attended Bournemouth’s Premier League game against Leicester on Saturday amid reports that he is close to completing a takeover of the club.

The Las Vegas-based billionaire, who owns the Vegas Golden Knights NHL franchise, is set to pay around 120 million pounds ($133 million) to buy Bournemouth from current owner Maxim Demin, according to multiple British media reports. Bournemouth is back in the Premier League after winning promotion from the second-tier Championship last season and has the smallest stadium in the English top flight, with a capacity of just 11,364.

Radio station talkSPORT, an official Premier League partner, reported that the 77-year-old Foley’s long-term plan for the club is to either redevelop the Vitality Stadium or build a brand new venue, as well as providing funds for a new training facility and several January transfer signings.

Leicester City's Kiernan Dewsbury-Hall, left, and Bournemouth's Dominic Solanke battle for the ball during of the English Premier League soccer match at Vitality Stadium, Bournemouth, England, Saturday Oct. 8, 2022. (Adam Davy/PA via AP)

Demin, a Russian-born businessman who first bought a stake in Bournemouth in 2011, fired manager Scott Parker just four games into the season and a permanent replacement has yet to be appointed.