AFC Bournemouth’s owner Bill Foley behind US takeover of Exeter Chiefs

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Chiefs’ new owner will be Black Knight Sports and EntertainmentMichael B Jordan has stake in company that owns BournemouthBill Foley, owner of AFC Bournemouth, is poised to take control of Exeter Chiefs in a multimillion-pound deal that will bring Premier League and Hollywood glamour to English club rugby.The Guardian revealed this week that Exeter’s chair, Tony Rowe, had agreed to sell the club to a wealthy American investor, and can now disclose the club’s new owner will be Foley’s multisport investment company, Black Knight Sports and Entertainment. Continue reading...

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This article was originally published by Guardian Business.

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