By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Black Knight becomes sole shareholder of Ligue 1 Lorient as part of multi-club ownership strategy
preview.jpg
FILE - Lorient's goalkeeper Yvon-Lamdry Mvogo punches the ball clear during the French League One soccer match between Paris Saint-Germain and Lorient at the Parc des Princes stadium in Paris, Aug. 12, 2023. - photo by AP Photo/Michel Euler, File
LORIENT, France (AP) — The French Ligue 1 club Lorient announced Wednesday that the Black Knight Football Club group had become its sole shareholder. The Black Knight consortium fronted by American businessman Bill Foley, which owns the Vegas Golden Knights in the NHL, acquired a minority ownership interest in Lorient in January 2023 as part of its multi-club ownership strategy. BKFC also owns Premier League side Bournemouth, Moreirense FC in Portugal and Auckland FC in New Zealand.