AFC Bournemouth’s ownership group Black Knight Football Club has seen £44 million in profit in the third quarter, ahead of the Cherrie’s proposed stadium redevelopment.
The recently released third-quarter financial update from Cannae Holdings Inc. displayed a noticeable increase in profit, following the Cherries’ big departures in the summer transfer window.
The affiliate group earned a profit of £44.11 million, an increase of over £67 million after last year’s £23.35 million loss.
This is heavily influenced by the sales of Illia Zabarnyi to Paris Saint-Germain (£54 million), Dean Huijsen to Real Madrid (£52 million), Milos Kerkez to Liverpool (£40 million), and Dango Outtara to Brentford (£37 million).
The earnings will aid Bournemouth in their project to expand the Vitality Stadium, currently the smallest ground in the Premier League.
The ongoing plan is to gradually expand the capacity to 20,200 by the start of the 2027/28 season, aiming for 17,000 by late August 2026.
The BKFC group holds 100% ownership of AFC Bournemouth. It also holds majority ownership of the Portuguese Primeira Liga’s Moreirense FC and a minority share in the French Ligue 1’s FC Lorient.
Foley has also sold his 25% stake in Hibernian FC, meaning the Scottish Premiership club is no longer part of Black Knight FC.
The latest player the Cherries signed from their ‘sister’ club is French teenager Eli Junior Kroupi, who joined the team this summer after his loan back expired following Bournemouth’s acquisition of him for £10 million in the winter.
The 19-year-old has scored four goals so far in his debut season, filling into the team after the injury to Brazilian Evanilson.
AFC Bournemouth currently sit 9th in the Premier League table, on the back of two losses after a strong start to the campaign.
Foley will hope to carry on the last quarter of 2025 in the green.
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