American Entrepreneur Bill Foley's Black Knight Group Acquires Majority Stake in Lorient FC
Lorient, a French Ligue 1 club, revealed that the Black Knight Football Club group has taken over as its exclusive shareholder. The Black Knight consortium, led by American entrepreneur Bill Foley, who also owns the Vegas Golden Knights in the NHL, initially obtained a minority stake in Lorient in January 2023 as part of its broader multi-club ownership approach. This move marks a significant development for the football club.