Russian businessman sells Premier League club
Russian businessman Maxim Demin has sold his 100% per cent stake in Premier League club AFC Bournemouth Read Full Article at RT.com
TroibNews 
Maxim Demin’s tenure at AFC Bournemouth is over
Russian businessman Maxim Demin is no longer the owner of AFC Bournemouth after selling his 100% stake in the English Premier League football club.
Demin became co-owner of Bournemouth in 2011 when he reportedly paid £850,000 ($1.050 million) for his share of the southern club.
In 2015, when Bournemouth were promoted to the Premier League, he sold a 25% share to Peak 6 investments before buying it back in 2019 and becoming the sole shareholder.
On Tuesday, Bournemouth confirmed the sale of the club to 77-year-old American businessman Bill Foley.
Foley, who owns NHL franchise the Vegas Golden Knights, visited Bournemouth’s Vitality Stadium in October and saw Bournemouth come from behind to beat Leicester City 2-1.
Two months later, Foley has completed his takeover after receiving Premier League ratification.
