Football Insider can reveal that Bournemouth have landed a £25million windfall after a new share issue was filed by the club's owners.
Bournemouth owners have injected £25million into the club’s accounts in the form of a new share issue,filed on Monday shows that 25.4million new shares have been allotted for £1 each.
It is not clear whether the investment comes in the form of new cash or the conversion of debt into equity., while the amount owed to the club’s former owner Maxim Demin increased by £36m to £165m. However, the Cherries have since been taken over by Black Knight Football Club, a partnership led by American businessman Bill Foley and Cannae Holdings.
The new ownership group have invested in the club both on and off the pitch, with Foley drawing up plans for a new training ground.
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