• Loading stock data...
Wednesday, September 17, 2025

NHL Owner Agrees to Buy Premier League Club for $134M

  • Bournemouth is owned by Maxim Demin, who became the majority owner in 2013.
  • Demin purchased a 50% stake in the club in 2011 in a deal valued at $975,000.
AFC Bournemouth

The Vegas Golden Knights’ owner has reportedly reached a verbal agreement to buy English soccer’s AFC Bournemouth. 

Fidelity National Financial chairman Bill Foley is prepared to shell out $134 million for the club.

Bournemouth hired California-based investment bank and financial advisory firm Montminy & Co. in September to facilitate a sale of the Premier League team. Within a week of the hiring, Bournemouth held takeover discussions with a group led by Foley.

  • Montminy was reportedly appointed to attract American investors.
  • The agreement puts half of the Premier League’s 20 clubs under American ownership.
  • Bournemouth is owned by Maxim Demin, who became the majority owner in 2013.
  • Demin purchased a 50% stake in the club in 2011 in a deal valued at $975,000.

Foley, who is estimated to have a net worth of just over $1 billion, is expected to finalize the takeover deal in the coming days and will be responsible for hiring a new manager — Bournemouth fired Scott Parker in August following a 9-0 loss to Liverpool. 

Promoted to the Premier League this year after finishing second behind Fulham FC in the English Football League Championship for the 2021-22 season, Bournemouth is expected to generate $172 million in revenue in 2023, up from $136 million in 2022. 

Another Potential Sale

Financier Lars Windhorst is looking to sell his stake in Bundesliga club Hertha BSC. The decision follows allegations that he reportedly hired spies to push out the club’s former president. Windhorst is seeking to sell his 64.7% stake — which he bought earlier this year — for $371 million.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Premier Lacrosse League

‘The Circus Is Coming to Town’: Why Upstart Leagues Start on Tour

In their ambitious plans, a traveling schedule is only temporary.

Dexter Fowler Wants to Change the Narrative on Athlete Ownership

The former MLB All-Star owns a stake in Premier League team Bournemouth.

Kaprizov’s Record Contract Rejection Highlights NHL’s New World

The declined contract would have set records for overall and annual value.

Featured Today

PHILADELPHIA, PENNSYLVANIA - APRIL 19: A detailed view of the MLB Debut patch on the jersey of Patrick Monteverde #44 of the Miami Marlins prior to game against the Philadelphia Phillies at Citizens Bank Park on April 19, 2025 in Philadelphia, Pennsylvania.

The Tiny Jersey Patch at the Center of the MLB Rookie Card..

Autographed cards containing a piece of baseball history have upended the market.
September 11, 2025

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
September 10, 2025

ESPN’s ‘MNF’ Ratings Up 8% As NFL Surges to Strong Start

ESPN posts its second-best Week 1 “Monday Night Football” audience.
Sep 7, 2025; Orchard Park, New York, USA; Buffalo Bills fans react during the fourth quarter against the Baltimore Ravens at Highmark Stadium.
September 9, 2025

As Bills Ascend, Their Next Frontier Lies in Canada

Buffalo and the powerful Canadian entity MLSE come together in a new pact.

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.
June 25, 2025

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.