<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="1">
		</amp-ad>
				</div>
			</div>
		</div><p>American actor Michael B Jordan is part of the new ownership group of Premier League club Bournemouth.</p>
<p>The club announced on Tuesday that billionaire Bill Foley’s takeover has been ratified by the league and that the Creed actor has a minority stake.</p>
<p>Previous owner Maxim Demin sold his 100% stake to Black Knight Football Club, of which Foley is the managing general partner.</p>
<p>Foley’s Cannae Holdings announced in a separate statement that the Las Vegas-based firm paid 126 million dollars (£102 million) for a 50.1% stake in the partnership.</p>
<p>Foley, a 77-year-old American businessman who also owns the NHL’s Vegas Golden Knights, will assume the role of chairman of Bournemouth.</p>
<p>Jordan, who also starred in Black Panther and Just Mercy, will work with Foley “in areas including global marketing and internationalisation of the club,” Cannae’s announcement said.</p>
<p>Foley, who is chairman of Cannae, plans to attend 14th place Bournemouth’s next home game — against Crystal Palace on New Year’s Eve.</p>
<p>“We are thrilled to enter the vast European football market at an attractively priced valuation,” Foley said in Cannae’s statement.</p>
<p>“We can use what we learned in building the Vegas Golden Knights to create value for shareholders and fans at Bournemouth,” he continued.</p>
<p>“English football is a growth industry, and we see an opportunity to grow this historic club by investing in its infrastructure and operations with the goal of steering Bournemouth to a long-awaited leading role in the Premier League and global football.”</p>
<p>Bournemouth is back in the Premier League after winning promotion from the Championship last season and has the smallest stadium in the English top flight, with a capacity of just 11,364.</p>
<p>Neither the club nor Cannae’s statements included a comment from Jordan.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-68eceda6868c4">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-68eceda6868c4',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.