AFC Bournemouth has officially been sold to Black Knight Football Club led by American businessman Bill Foley, and with the minority ownership group led by Hollywood actor Michael B. Jordan – making him part owner.

Bournemouth aka The Cherries was previously owned by Maxim Denim before he agreed to the £120 million takeover of the premier League club.

Bournemouth are the latest Premier League side to be sold since Newcastle was taken over by Saudi investment in October 2021 and Todd Boehly took over Chelsea FC as the successor of Roman Abramovich in May earlier this year. 

Besides being managing general partner of Black Knight Football Club with Michael B. Jordan as an investor, Foley is also the founder and owner of the National Hockey League’s Vegas Golden Knights. 

Now the 77-year-old is at the steering wheel of AFC Bournemouth as he looks to improve the clubs reputation in the Premier League as a consistent relegation-battler.

Bournemouth’s new chairman had this to say about the takeover: “The Bournemouth community and I believe that the connection to the community is the foundation for any success of any sports team.

“We will move forward with the ‘always advance, never retreat’ approach that has defined all of my endeavors. I am committed to working with the best football and business minds available to enhance player development, facilities, and the fan experience to put AFC Bournemouth in the best possible position to succeed.”

While Foley will be center stage in Bournemouth’s new chapter, Michael B. Jordan is the latest star from Hollywood to be involved with the ownership of a British football club after Ryan Reynolds and Rob McElhenney purchased Wrexham Football Club in November 2020.