Bill Foley and Black Knight Football Club has bought a significant stake in French club Lorient, one month after having taken over Bournemouth in a deal thought to be worth around £120million.
The Texas-born businessman is understood to have bought a 33 per cent slice of the Ligue 1 outfit, with a view to invest further at the end of the current season with a view to a full takeover being completed in the future.
Sportsmail exclusively reported that the American was in France on Wednesday to close up the deal, and the Cherries had been interested in a move for Lorient forward Dango Ouattara to bolster their attack.