Cannae Holdings Completes Acquisition of FC Lorient
Cannae Holdings announced that Black Knight Football Club has acquired the remaining equity interests in FC Lorient, and is now the sole shareholder of FCL, a French Ligue 1 football club founded in 1926 and based in Lorient, Brittany, France. Loic Fery, the previous majority owner, is taking a portion of his consideration in BKFC shares, and will retain his position as president of FC Lorient, a role he has held since 2009. This transaction allows deeper integration of FC Lorient into BFKC's multi-club model. BKFC's ownership provides FC Lorient with financial strength and strategic resources on a global scale. By fostering collaboration between executives and sporting management, BKFC optimizes each club's strengths and performance in training, recruitment, and player development to enhance the multi-club model. Within BKFC, FC Lorient joins an international group of clubs with strong identities, including AFC Bournemouth and Moreirense FC. FCL will benefit from a wide range of resources, expertise and links with partner clubs, in particular AFC Bournemouth, where there have already been multiple player transactions.
