Black Knight Soccer Membership, FC Lorient Announce Strategic Partnership

VEGAS (January 12, 2023) – Black Knight Soccer Membership (BKFC) – the partnership led by Invoice Foley and majority owned by Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae”) – has entered right into a strategic partnership and agreed to accumulate a big minority possession curiosity in FC Lorient, a French Ligue 1 soccer membership. The settlement supplies BKFC a chance to speculate extra capital after this season.

The funding in FC Lorient advances BKFC’s multi-club possession technique initiated final month with the acquisition of AFC Bournemouth, an English Premier League membership. The partnership is constructing a world community of world-class soccer golf equipment, gamers, and actual property property that may produce operational synergies, speed up participant growth, allow environment friendly participant migration throughout BKFC’s community of owned and operated golf equipment, whereas driving each sturdy on-field and monetary outcomes. The minority possession group is led by award-winning actor, director and producer Michael B. Jordan and Nullah Sarker (The Gamers Tribune, Cedar Lane Capital). Jordan and Sarker will work carefully with Foley in areas together with world advertising and marketing and internationalization of BKFC.

“We’re excited to announce a strategic partnership and funding in FC Lorient at present,” Foley mentioned. “Loïc Fery has efficiently constructed a best-in-class soccer membership and will probably be a fantastic companion as we construct BKFC into a number one multi-club soccer operator. I stay up for partnering with Loïc and his staff to speed up the success of FC Lorient and BKFC.”

For the final 14 seasons, FC Lorient has operated underneath the management of Fery, after turning into the youngest president and proprietor of a Ligue 1 membership. Fery’s administration has been central to the expansion and growth of the Membership. FC Lorient will probably be a key contributor to, and beneficiary of, BKFC’s multi-club possession technique. In BKFC, FC Lorient provides an operator with a observe file of success in Foley, who based the Vegas Golden Knights of the Nationwide Hockey League and recorded essentially the most profitable season for an enlargement franchise in any sport, having reached the Stanley Cup Ultimate within the inaugural season.

Fery commented: “FC Lorient represents a unprecedented alternative, which additionally entails nice tasks. Since I took over the membership in 2009, every of my selections has been motivated by the target of structuring and sustaining the membership on the highest degree. Ligue 1 has an ambition of excellence for French soccer, and I need our staff to be a part of this more and more aggressive future.Invoice’s expertise and ends in skilled sport (notably with the Vegas Golden Knights), his ardour, his decided character, and his world method to soccer with Bournemouth satisfied me to hitch forces. I’m very joyful to make this chance a actuality for FC Lorient and welcome Invoice to FC Lorient.”

FC Lorient is a fixture of Ligue 1, the highest skilled soccer league in France, having competed on the highest degree of French soccer for 13 of the final 16 seasons. Ligue 1, which refers to itself as “The League of Abilities”, was a precedence for BKFC as it’s residence to a few of the finest academies in Europe and is understood for growing a few of the most gifted gamers on this planet. FC Lorient presently sits in sixth place in Ligue 1 and has the fourth youngest roster, a testomony to the Membership’s capability to successfully develop and make the most of its youth expertise.

ABOUT THE FOLEY ENTERTAINMENT GROUP

Established by Invoice Foley in 2021, Foley Leisure Group operates the Foley Household’s rising portfolio of leisure properties, highlighted by the Vegas Golden Knights of the Nationwide Hockey League, the Henderson Silver Knights of the American Hockey League, the Vegas Knight Hawks of the Indoor Soccer League, two neighborhood hockey services within the Las Vegas Valley, The Greenback Mortgage Middle sports activities and leisure venue in Henderson, NV, the Vegas Golden Knights Basis, Resort Les Mars and Chalkboard Restaurant in Healdsburg, CA, Resort Californian and Blackbird restaurant in Santa Barbara , CA, Whitefish Mountain in Whitefish, MT, Black Walnut Inn & Winery in Dundee, OR, and quite a lot of different property. The Foley Leisure Group is dedicated to offering five-star service and experiences to its followers, company, clients and purchasers.

ABOUT FC LORIENT

FC Lorient is a French skilled soccer membership based mostly in Lorient, Brittany, France. The Membership was based in 1926 and presently competes in Ligue 1, the best degree of the boys’s French soccer league system. Lorient gained the Coupe de France in 2002. FC Lorient has a profitable observe file of growing world-class footballers highlighted by its strong youth academy. FC Lorient additionally has a number one ladies’s part and is lively in growing and selling ladies’s soccer. The Membership performs its residence matches on the 18,000-seat Stade Yves Allainmat (“Le Moustoir”), which hosts each summer season the well-known European Celtic Pageant and serves as a multi-purpose venue, staging worldwide sporting occasions in addition to main concert events and exhibits .

ABOUT THE VEGAS GOLDEN KNIGHTS

The Vegas Golden Knights are a Nationwide Hockey League franchise owned and operated by Black Knight Sports activities and Leisure LLC. The Vegas Golden Knights had been established by founding companions Invoice Foley and his household from him and the Maloof household. The Golden Knights had been essentially the most profitable enlargement franchise in North American skilled sports activities historical past in 2017-18 and celebrated their fifth season in 2021-22. For the newest information and data on the Golden Knights go to vegasgoldenknights.com. Followers can comply with the staff on Fb, TwitterInstagram and TikTok.

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