Vegas Golden Knights owner attends Bournemouth game amid takeover talks

Bill Foley, owner of the Vegas Golden Knights, poses on the red carpet before the NHL Awards, Wednesday, June 20, 2018, in Las Vegas. (John Locher/AP)

BOURNEMOUTH, England — American businessman Bill Foley attended Bournemouth's Premier League game against Leicester on Saturday amid reports that he is close to completing a takeover of the club.

The Las Vegas-based billionaire, who owns the Vegas Golden Knights NHL franchise, is set to pay around 120 million pounds (US$133 million) to buy Bournemouth from current owner Maxim Demin, according to multiple British media reports. 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.

Radio station talkSPORT, an official Premier League partner, reported that the 77-year-old Foley's long-term plan for the club is to either redevelop the Vitality Stadium or build a brand new venue, as well as providing funds for a new training facility and several January transfer signings.

Demin, a Russian-born businessman who first bought a stake in Bournemouth in 2011, fired manager Scott Parker just four games into the season and a permanent replacement has yet to be appointed.

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