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.

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This article was published 08/10/2022 (1479 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.