Bournemouth’s owner, Maxim Demin, is in talks with a consortium led by Bill Foley, the owner of ice hockey’s Vegas Golden Knights, over a potential sale for about £150m. If successful, it would mean that more than half the Premier League’s clubs have minority or majority US shareholders.
A group led by Foley, who is also chairman of the insurance company Fidelity National Financial and the investment company Cannae Holdings, is understood to have begun exclusive negotiations with Demin last week over a potential deal for the club, who were promoted from the Championship in May. Demin, who is Russia-born but a British citizen, has been the sole shareholder at Bournemouth since 2019, when he repurchased a 25% stake he had sold to the company Peak6 Investments.
