American businessman Bill Foley has completed the takeover of Bournemouth after the Premier League ratified the deal. The club announced this on Tuesday.
Maxim Demin sold all his shares to Foley’s Black Knight Football Club. Demin has owned Bournemouth for 11 years. He saw the club rise from League One to the highest level.
Foley will become chairman of the current No. 14 club in the Premier League. He is the founder and owner of the NHL’s Vegas Golden Knights.
“We continue the ‘always ahead, never behind’ approach that is central to all of my endeavors,” Foley said in the press release. “I am committed to working with the best in business and football to improve player development, facilities and the fan experience. This is how we want to put Bournemouth in the best possible position to succeed.
American actor Michael B. They will assist Foley in marketing and internationalizing the club.
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