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First with the News

American Actor Jordan Buys Stake In EPL Club 

December 15, 2022
in Sports, Top Stories
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Michael B. Jordan

Michael B. Jordan

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By Victor Kanayo 

Popular American actor Michael B. Jordan is now part of the new ownership group of an English Premier League club Bournemouth.

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Bournemouth is placed 14th in the League, which has paused for the World Cup.

The club announced that billionaire Bill Foley’s takeover has been ratified by the league and that the “Creed” actor has a minority stake.

According to the club, previous owner Maxim Demin sold his 100% stake to Black Knight Football Club, of which Foley is the managing general partner.

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

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

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

Bournemouth is back in the Premier League after winning promotion from the second-tier Championship last season and has the smallest stadium in the English top flight, with a capacity of just 11,364.

Neither the club nor Cannae’s statements included a comment from Jordan.

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

Tags: BournemouthbreakingEPLHeritageheritage timesheritagetimesmedialatestMichael Jordannewsthe heritage timesthtthtafricatop stories
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