Bournemouth: Las Vegas consortium hopes to buy Premier League club

Bournemouth's Vitality Stadium
Bournemouth are 13th in the Leading League following six online games

A Las Vegas-led consortium is aiming to complete a takeover of Leading League club Bournemouth by the close of Oct.

It is believed that Monthly bill Foley, owner of the Nationwide Hockey League (NHL) staff Las Vegas Golden Knights, is foremost the bid.

The consortium has entered a period of time of exclusivity over the order of the club with conditions and a value for the purchase already agreed.

Bournemouth were promoted from the Championship in Might.

The club are owned by Russia-born businessman Maxim Demin.

Subject to a assessment from the Leading League, the new entrepreneurs hope to be in situation at the Vitality Stadium by the conclude of future month.

It would be the most current American investment into the English top flight just after a team led by Todd Boehly took over Chelsea in Might.

Liverpool, Manchester United, Arsenal, Aston Villa, Crystal Palace, Fulham, Leeds, West Ham and Manchester City all also have US financial commitment on some scale.

Talking at a news meeting ahead of Saturday’s recreation at Newcastle, Bournemouth caretaker manager Gary O’Neil mentioned he had not been informed of any imminent adjust in the possession of the club.

“I haven’t read everything of it over my aspect,” he stated.

“We are doing the job on the soccer facet, building absolutely sure we are fit, completely ready and sharp. I haven’t read any chat about a takeover.”


Simon Stone, BBC Activity

If this deal is agreed, it would choose the range of United States owned Leading League golf equipment to eight out of 20 – and that does not include Leeds United, the place the owners of San Francisco 49ers have a minority 44% stake, or the City Football Group, wherever private fairness team Silver Lake has just turn into the 2nd most significant shareholder, taking a 14.5% stake in the team that controls Manchester City.

American Foley is the 77-calendar year-outdated owner of the Golden Knights and, evidently, he sees there is income to be made by possessing a Leading League club.

Even so, enthusiasts will want extra detail all over the proposed funding of the sale if present owner Demin agrees to it, specifically if it will involve the variety of borrowing another US organization, ALK Money, utilized to full their acquire of Burnley.

Supporters of much too numerous golf equipment have been stung by apparent new possession giving hope of a brilliant potential only for the fact to be rather various to consider these deals at confront price.

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