Actor Michael B. Jordan buys stake in English club Bournemouth

Bournemouth, UK –

American actor Michael B Jordan is part of the group of new owners of Premier League club Bournemouth.

Billionaire Bill Foley’s buyout has been approved by the league and the “Creed” actor has a minority stake, the club announced Tuesday.

Previous owner Maxime Deming sold 100% of his shares to Black Knights Football Club, of which Foley is managing general partner.

Foley’s Cannae Holdings announced in a separate statement that the Las Vegas-based company paid $126 million for a 50.1 percent stake in the partnership.

Foley, the 77-year-old American businessman who also owns the NHL’s Vegas Golden Knights, will assume the chairmanship of Bournemouth.

Jordan, who also starred in “Black Panther” and “Just Mercy,” will work with Foley “in areas such as global marketing and internationalization of the club,” Canney’s announcement said.

Foley, as Cannae chairman, plans to watch Bournemouth’s next home game – against Crystal Palace – on New Year’s Eve.

“We are delighted to be able to enter the vast European football market at an attractive valuation,” Foley said in Canny’s statement.

“We can use what we have learned in building the Vegas Golden Knights to create value for Bournemouth shareholders and fans,” he continued. “English football is a growing industry and we saw an opportunity to grow this historic club by investing in infrastructure and operations, with the aim of guiding Bournemouth into a long-awaited role in the Premier League and global football. leadership role.”

Bournemouth, which returned to the Premier League after being promoted from Division Two last season, has the smallest stadium in England’s top flight with a capacity of just 11,364.

Neither the club nor Canney’s statements included Jordan’s comments.

Russian-born businessman Deming first bought a stake in Bournemouth in 2011.

Bournemouth are 14th in the Premier League, which has been suspended due to the World Cup.

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