Businessman at the centre of US-based consortium involved in £150m takeover attempt at Bournemouth is NHL franchise owner Bill Foley… as Las Vegas Golden Knights chief is likely to become TENTH American owner among current Premier League clubs
- The businessman at the centre of the Bournemouth takeover attempt is Bill Foley
- Foley is owner of NHL franchise Las Vegas Golden Knights and is worth $1.2bn
- If the takeover does go through, half the Premier League would have US owners
- Current owner Maxim Demin is keen to sell the Cherries and wants £150m
The Las Vegas businessman at the centre of a £150million takeover attempt at Bournemouth first revealed by Sportsmail is NHL franchise owner Bill Foley.
We exclusively reported on Thursday afternoon that the Premier League club were in talks with a US-based consortium being led by a businessman with a background in ice hockey and was based out of Las Vegas.
And that individual is understood to be Foley, owner of NHL team the Las Vegas Golden Knights.
The Las Vegas businessman at the centre of a takeover attempt at Bournemouth is Bill Foley
Foley owns NHL outfit Las Vegas Golden Knights and is linked with a £150m takeover
Foley is chairman of Fidelity National Financial, one of the largest insurance companies in the US, and is said to be worth $1.2billion.
However he is most known for his involvement with ice hockey franchise the Golden Knights.
Sources with knowledge of the proposed deal say that Bournemouth’s Russian-born owner Maxim Demin is giving serious consideration to selling.
The owner, who has British citizenship, is understood to have appointed US-based firm Montminy & Co to identify potential buyers or investors.
It has been indicated to Sportsmail that Demin values the club in excess of £150million.
Sources say Russian-born owner Maxim Demin is giving serious consideration to selling
Talks are believed to be underway and there has been a growing sense around the club in recent months that Russian owner Demin is prepared to sell.
If a deal goes through, half the Premier League would have American owners.
Most recently, Chelsea were purchased from long time owner Roman Abramovich by billionaire businessman Todd Boehly and investment company Clearlake Capital in deal that was worth £4.25billion.
Arsenal, Aston Villa, Crystal Palace, Fulham, Leeds, Liverpool and Manchester City also have Americans who have a majority or minority shareholding.
In 2020, Demin considered an approach to buy the club by an Arab consortium involving members of the Abu Dhabi royal family.
At the time, the proposed deal collapsed over price because the group only wanted to pay £140million while Demin wanted significantly more.
Arsenal’s KSE owners are among the Americans who have a majority or minority share in clubs
Bournemouth’s return to the top-flight has been overshadowed by the sacking of Scott Parker
But the American group are said to be more willing to pay the sort of money that would be deemed enough to strike an ownership agreement, with Demin said to be ready to sell.
The Cherries regained their place in the Premier League at the end of the last season, securing automatic promotion out of the Championship under Scott Parker – and in doing so increasing the market value of the club.
However, Bournemouth’s return to the top-flight has been overshadowed by the sacking of Parker just four games into the new season.
Demin and other senior Bournemouth executives had grown tired of Parker’s public digs at the club’s transfer policy over the summer. Parker’s dismissal was not linked to results.
Gary O’Neil has been appointed interim head coach and led the club to four points from a possible six
Gary O’Neil has been appointed interim head coach and led the club to four points from a possible six since Parker’s departure.
Speaking on Friday, O’Neil said: ‘Obviously I am not involved in any discussions like that (takeover). I have been hard at work over on the other side, on the grass.
‘I haven’t considered anything around takeovers, discussions upstairs, my position, whatever that is, it is.
‘My wife and kids will tell you, every minute of my day so far since that (postponed Brighton game) is Newcastle, either on a laptop or on the grass with the lads.
‘Pure focus on how we go there, have an impact on the game and come away with a positive result again.’