Premier League: US owners dominate over half of 20 clubs Sport Business The Premier League returns this evening for its 35th season, and clubs have become commodities traded by some of the world’s richest and most influential investors. From private equity funds to billionaires to sovereign wealth, this current crop of 20 team owners – this season seeing Hull City, Coventry City and Ipswich Town replacing Burnley, [...]
Exeter Chiefs deal done as Bournemouth owners complete ‘£45m’ takeover Sport Business AFC Bournemouth owner Bill Foley’s Cannae Holdings have completed the purchase of Prem Rugby club Exeter Chiefs for a reported £45m. The American – who controls the Premier League club as part of a Black Knight consortium that includes Michael B Jordan – will become the majority owner of the Devonshire rugby union team, and [...]