Bournemouth Owners Close To Exeter Chiefs Takeover

The billionaire owners of Premier League broadside Bournemouth are closing successful connected a takeover of Exeter Chiefs.

It was revealed past week that an American consortium were connected nan verge of securing a awesome liking successful nan Prem club, pinch Exeter members group to ballot successful an bonzer wide gathering (EGM) successful May.

It understood nan group are Black Knight Football Club, who acquired Bournemouth astatine nan extremity of 2022 and person stakes successful Hibernian and French nine FC Lorient arsenic good arsenic owning Auckland FC.

If nan woody goes through, Exeter will beryllium latest Prem nine to unafraid awesome caller investment.

Last August power drinks elephantine Red Bull bought Newcastle, while Bath person been boosted by businessman James Dyson taking a 50% liking successful nan Prem champions.

Senior sources successful nan English crippled person indicated to nan BBC different clubs are besides of liking to outer investors arsenic nan convention looks to motorboat a caller era pursuing nan determination to ring-fence nan apical formation and revamp standards connected and disconnected nan field.

Black Knight committee personnel Ryan Caswell was a impermanent of Chiefs president Tony Rowe astatine Saturday's thrilling 35-28 conclusion by Northampton.

Rowe, whose businesses person propped up Exeter for nan champion portion of 3 decades, has been unfastened astir his desire to activity caller finance successful nan club.

"I've efficaciously tally a business for nan past 30-odd years for a shareholder who's sewage nary money," Rowe told The Guardian, external past week.

"What I'm looking guardant to is an investor who's sewage immoderate money. That'll beryllium a monolithic quality for me.

"I deliberation it will put america successful a really bully spot to return advantage of nan future.

"Whether you for illustration it aliases not master athletics is each astir money. We request money to survive."