Bournemouth takeover: The Premier League side are in talks to sell the club to Vegas Golden Knights owner Bill Foley | Football news
Bournemouth owner Maxim Demin is in advanced negotiations over the sale of the south coast club to Bill Foley, the American, owner of the Vegas Golden Knights National Hockey League.
Sky Sports News understands that Foley is proceeding with a takeover, which will see the 77-year-old hold 100% of the club’s shares.
Negotiations have been going on throughout the summer and it is thought a deal could be finalized before the World Cup, which is the positive nature of the negotiations.
Despite the potential sale, Switzerland-based Maxim Demin has pushed the development of the training ground, as well as investing £30m last season and another £30m this summer showing a continued commitment. his for the club’s continuity.
Bournemouth sacked Scott Parker last month after just four games of the new Premier League season, with the club continuing to search for a new manager – but these takeover talks explain why the Cherries are making time for any potential appointments .
Interim coach Gary O’Neil has picked up four points from two games and his impressive start has given the club breathing space for any decisions.
O’Neil will maintain their undefeated record Saturday when they arrive in St. James’ Park to take on Newcastle, a team managed by former coach Eddie Howe.
Bournemouth are 13th in the Premier League, three points above the relegation group after winning promotion from the Championship last season.