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Bill Foley completes £150million takeover of Bournemouth, as the Premier League has FINALLY approved the deal two months after it was finalised

Bill Foley's takeover of Bournemouth is finally complete, after being approved by the Premier League, meaning he will take control of the club.

Las Vegas businessman Foley, who also owns NHL franchise Vegas Golden Knights, initially finalised his £150million takeover of the Cherries back in October.

Now the paperwork has been concluded, Foley will become the club chairman and will be in attendance when they take on Crystal Palace on New Year's Eve.

Las Vegas businessman Bill Foley has completed his u00a3150million takeover of Bournemouth

'I have tremendous respect for the passion and support the Bournemouth community shows for this club and believe that connection to the community is the foundation for success of any sports team,' Foley said.