Black Knight Football Club, a consortium led by American businessman Bill Foley, has acquired AFC Bournemouth football club of the English Premier League, from Maxim Demin, for approximately €120 million.
Foley, who owns the Vegas Golden Knights ice hockey team, has partnered with actor Michael B. Jordan to buy the football club. Foley and Jordan aim to expand Bournemouth’s commercial and business operations, construct a new training center for players and improve the south coast club’s home grounds.
“I am committed to work with the best football and business minds available to enhance player development, facilities, and the fan experience to put AFC Bournemouth in the best possible position to succeed,” states Foley.
Montminy & Co. acted as adviser to AFC Bournemouth and its ownership during this transaction.