New US owner of Bournemouth invests in French club Lorient

Published January 13, 2023 2:55 AM

BOURNEMOUTH, England (AP) — The new American owner of Premier League team Bournemouth has acquired a minority share in French club Lorient as part of what he is calling a “multi-club ownership strategy.” The Black Knight Football and Entertainment consortium fronted by Bill Foley owns the Vegas Golden Knights in the NHL and bought Bournemouth in December. Bournemouth says the deal with Lorient “provides the opportunity to invest additional capital after this season.” Lorient is in sixth place in the French league and bidding to qualify for European competition next season.

Article Topic Follows: AP National Business

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