LORRIAN, France (AP) – French Ligue 1 side Lorient announced Wednesday that Black Knight Football Club Group has become its sole shareholder.
of black knight union The club, led by American businessman Bill Foley, who owns the NHL’s Vegas Golden Knights, acquired a minority ownership stake in Lorient in January 2023 as part of a multi-club ownership strategy.
BKFC also owns Premier League side Bournemouth, Portugal’s Moreirense FC and New Zealand’s Auckland FC.
Lorient said in an article: statement It said Wednesday’s move was based on a “strategic agreement aimed at strengthening the long-term development of FC Lorient in an increasingly competitive football environment.”
BKFC is bringing in more than $550 million in capital, Lorient said. President Loïc Ferry will retain his position and become a shareholder in BKFC alongside Mr. Foley, it added.
“I am delighted to take this next step with FC Lorient and welcome Loic to BKFC,” said Foley. “Together with Loïc, we will strive to ensure the success of FC Lorient and maintain the enthusiasm of our supporters.”
Lorient are ninth in Ligue 1 after 19 games.
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