Hockey Costs

Golden Knights owner Bill Foley adds Premier League side Bournemouth Soccer Club to his diverse business portfolio

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By Alan Snel, Editor/Editor of LVSportsBiz.com

Bill Foley walked into the dressing room during a football match in England and congratulated the players on his latest acquisition – Premier League football team AFC Bournemouth.

Foley watched a Bournemouth game against Leicester City on Saturday, according to multiple reports, and he added the football club to his portfolio of activities which includes the NHL Vegas Golden Knights, the American Hockey League’s Henderson Silver Knights, the Vegas Knight Hawks of the Indoor Football League. its cellars, restaurants and hotels. Nicknamed ‘The Cherries’, Bournemouth beat Leicester 2-1.

Foley bought the Premier League side from Maxim Demin for $133million, according to published reports.

Bill Foley, owner of VGK

Foley and a group here in Las Vegas spent $500 million on expansion fees to the National Hockey League to make its Vegas Golden Knights the league’s 31st franchise in 2017.

Bournemouth have returned to the Premier League and are playing in the circuit’s smallest stadium with over 11,000 spectators. A radio station in England reported that Foley planned to either build a new football venue or renovate the current stadium.

Foley, who graduated from West Point in 1967, is rather enamored with the “knight” imagery and logo. So don’t be surprised if a knight is somehow integrated into the Bournemouth games.

Foley, a 77-year-old Texas native, has built several ice hockey facilities in metro Las Vegas, including VGK’s two-rink headquarters and practice facility in suburban Summerlin and a community ice cream similar to Henderson.

Foley also built a 6,000-seat, $84 million arena for his Silver Knights minor league team in Henderson. He shared the construction cost 50/50 with the town of Henderson.

It has become common for owners of major league sports teams in the United States to buy Premier League teams like the owner of the Tampa Bay Bucs, the Glazer family who bought Manchester United in 2005.

Bill Foley at the new Henderson Arena