AFC Bournemouth owner Bill Foley’s Cannae Holdings have completed the purchase of Prem Rugby club Exeter Chiefs for a reported £45m.

English rugby club Exeter Chiefs is now American-owned after being bought by a U.S. investment company whose expanding portfolio already includes Premier League team Bournemouth.

AFC Bournemouth owner Bill Foley’s Cannae Holdings have completed the purchase of Prem Rugby club Exeter Chiefs for a reported £45m.