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American businessman Bill Foley’s bid to seal Bournemouth takeover set to cause Premier League major headache


AMERICAN businessman Bill Foley’s bid for Bournemouth will give the Premier League a massive headache.

The veteran billionaire heads a group trying to buy the Cherries but one of his main allies is John Textor.

Foley is trying to push through a takeover at BournemouthCredit: Getty

Foley’s company are major investors in Eagle Football, the firm run by fellow American football nut Textor, a major shareholder in Crystal Palace.

Textor has bought Brazilian club Botafogo and Belgian team Molenbeek and is about to take charge at Lyon in France this month.

However, there will need to be a deep dive by the Premier League on the links between Foley and Textor as, under their rules, the latter cannot have an interest in two PL clubs.

Foley and his Cannae Holdings company have an agreement with Textor and their aim was to be a partner in buying clubs around the globe.

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Bournemouth have been looking for a buyer for a year and are in advanced talks with Foley’s team.

But the Premier League will have to put them through their director test and discover more about the links.

Bournemouth were promoted back to the top flight last season after finishing second in the Championship.

They kicked things off back in the Prem with a 2-0 win over Aston Villa.

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But since then the south coast outfit have struggled for results, with manager Scott Parker being sacked after a 9-0 defeat to Liverpool.

However, caretaker boss Gary O’Neill has seen an upturn in form.

A stunning 3-2 comeback win over Nottingham Forest was followed up by a 1-1 draw at Newcastle.

As a result, they sit 12th in the table heading into the international break with eight points from seven games.


Source: Soccer - thesun.co.uk


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