The billionaire homeowners of Premier League facet Bournemouth are closing in on a takeover of Exeter Chiefs.
It was revealed final week that an American consortium have been on the verge of securing a significant stake within the Prem membership, with Exeter members set to vote in a rare common assembly (EGM) in Might.
It understood the group are Black Knight Soccer Membership, who acquired Bournemouth on the finish of 2022 and have stakes in Hibernian and French membership FC Lorient in addition to proudly owning Auckland FC.
If the deal goes via, Exeter shall be newest Prem membership to safe main new funding.
Final August vitality drinks big Pink Bull purchased Newcastle, whereas Bathtub have been boosted by businessman James Dyson taking a 50% stake within the Prem champions.
Senior sources within the English recreation have indicated to the BBC different golf equipment are additionally of curiosity to exterior buyers because the league appears to be like to launch a brand new period following the choice to ring-fence the highest flight and revamp requirements on and off the sphere.
Black Knight board member Ryan Caswell was a visitor of Chiefs chairman Tony Rowe at Saturday’s thrilling 35-28 defeat by Northampton.
Rowe, whose companies have propped up Exeter for the very best a part of three many years, has been open about his want to hunt recent funding within the membership.
“I’ve successfully run a enterprise for the final 30-odd years for a shareholder who’s bought no cash,” Rowe instructed The Guardian, exterior final week.
“What I am wanting ahead to is an investor who’s bought some cash. That’ll be an enormous distinction for me.
“I feel it’ll put us in a extremely good place to benefit from the long run.
“Whether or not you prefer it or not skilled sport is all about cash. We’d like cash to outlive.”
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