Bournemouth owners near deal for Exeter Chiefs rugby club
Bournemouth's billionaire owners are close to acquiring a major stake in the rugby club Exeter Chiefs. The move could bring significant investment to the Devon-based team, as Premiership Rugby sides increasingly seek private capital. The ownership group, Black Knight Football Club, already has interests in several sports teams worldwide. Tony Rowe, chairman of Exeter Chiefs, has emphasized the need for fresh investment to secure the club’s future.
Match highlights
- Bournemouth’s owners, Black Knight Football Club, are nearing a takeover of Exeter Chiefs.
- Club members are expected to vote on the proposal at an extraordinary general meeting (EGM) scheduled for May.
- Black Knight also owns Bournemouth, Hibernian, FC Lorient, and Auckland FC.
- Tony Rowe has supported Exeter Chiefs financially for over 30 years and welcomes new investors.
- The deal reflects a trend of increased external investment in English rugby clubs.
