US businessman Bill Foley’s bid to seal Bournemouth takeover is set to cause major Premier League headaches
US businessman Bill Foley’s offer for Bournemouth will give the Premier League a hard time.
The veteran billionaire leads a group trying to buy the Cherries, but one of his main allies is John Textor.
Foley’s company is a major investor in Eagle Football, the company run by fellow American football fan Textor, a major Crystal Palace shareholder.
Textor has bought Brazilian club Botafogo and Belgian side Molenbeek and is set to take charge at Lyon in France this month.
However, the Premier League will need to deepen the links between Foley and Textor as under their rules the latter cannot have an interest in two PL clubs.
Foley and his company Cannae Holdings have an agreement with Textor and their goal was to be a partner in buying clubs around the world.
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 managerial test and find out more about the links.
Bournemouth were promoted to the top flight last season after finishing second in the Championship.
They kicked off in the Prem with a 2-0 win over Aston Villa.
FREE BETS AND SIGNUP OFFERS – BEST OFFERS FOR NEW CUSTOMERS
But since then the south coast side have struggled to deliver results, with manager Scott Parker being sacked after a 9-0 loss to Liverpool.
However, caretaker boss Gary O’Neill has seen his form improve.
A stunning 3-2 win over Nottingham Forest was followed 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.