NEW chairman Bill Foley confirmed his investment group would be looking to introduce a multi-club model with teams in France and Belgium, after their acquisition of Cherries was ratified by the Premier League.

The American businessman, who turns 78 later this month, headed up a takeover bid to purchase 100 per cent of Maxim Demin’s shares in Cherries.

Foley is part of Black Knight Football and Entertainment and Cannae Holdings, who are the company responsible for purchasing the Vitality Stadium outfit.

And in an interview with BBC Radio Solent, Foley revealed he was in negotiations to form a “triangle” of clubs to go alongside his purchase of Cherries.

He said: “We have a multi-club concept.

“So, we are actually in negotiation today with a Ligue 1 team and we’re in exclusivity – and with a first division team in Belgium.

“That would give us that kind of little triangle that we could move players back and forth.

“I have always felt that if I’m going to buy a player, why not buy the player for myself instead of somebody else?

“We raised adequate funds to really fund all of these transactions. I am excited about how much progress we are making.

“I look forward to doing a release as we get closer to finalisation on these other two acquisitions. I think everyone in Bournemouth is going to be excited about this when they see the concept.”

Foley has outlined his plans to head to Europe later this month and is set to watch Cherries’ home game against Crystal Palace on December 31, as well as the trip to Manchester United on January 3.

In an interview with the club website, the businessman also stated he may head to France during the trip to view the other club he is looking to acquire.

Cherries are the fourth overall sports team in Foley’s portfolio, alongside NHL side Vegas Golden Knights, their farm team, AHL outfit Henderson Silver Knights, and the Indoor Football League franchise, the Vegas Knight Hawks.