Bill Foley reaches £120m verbal agreement to buy Bournemouth

Bill Foley has reached a verbal agreement to buy Bournemouth for £120million with expectations of the deal being finalized in the coming days.

Foley, the owner of the NHL franchise Las Vegas Golden Knights, is a 77-year-old businessman who has an estimated net worth of just over $1 billion. Foley is also Chairman of Fidelity National Financial, one of the largest insurance companies in the United States.

His consortium is on the verge of buying South Coast Club from current owner Maxim Denim. Foley flew to Bournemouth earlier this week and is expected to attend the team’s home game against Leicester City on Saturday.

It will be his first time attending a game at Bournemouth. Bill Foley reaches £120m verbal agreement to buy Bournemouth

John Verrall

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