New Bournemouth owner Bill Foley led a takeover of the club because he needs to be "the captain of the ship" - and has described himself as "a dictator".
The American businessman also owns NHL franchise the Vegas Golden Knights.
"I have been looking at different investment situations in the Premier League for several years but I'm not a good minority owner," he told the BBC.
"I tell my limited partners, and they know this, there is nothing more limited than being a limited partner of Bill Foley."
Foley is chairman of Cannae Holdings Inc, which has a 50.