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Mitchell sells Cherries stake

Bournemouth chairman Eddie Mitchell has stepped down from his position after selling his 50 per cent share of the Sky Bet Championship club to co-owner Maxim Demin.

Last Updated: 10/09/13 at 18:41 Post Comment

Eddie Mitchell leaves his post after spending four years in charge of the club

Eddie Mitchell leaves his post after spending four years in charge of the club

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Mitchell has enjoyed a successful four years in charge since buying out previous co-owners Jeff Mostyn and Steve Sly, having presided over two promotions.

But, along with wife Brenda, they have now sold their share to the Russian businessman who has been involved with the club since October 2011.

In a statement released this afternoon, Mitchell said of his decision: "(It) has not been made lightly, nor without a great deal of angst, but the outcome will help enable the club to find the financial investment that it needs to keep moving onwards and upwards.

"We would both like to wish our partners, board members and successors the very best for the future and we sincerely hope that the club continues to enjoy its recent success going forward."

Director Josh Mitchell and associate director Dave Roberts have also relinquished their roles on the board with immediate effect.

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T

his is brilliant! All these years of moral ambiguity, grey areas of offence and context..now we have a simple, easy to follow guide to right and wrong. What did you do today? I kicked the face off a panda . Oh well, you didn't rape, kill anyone or abuse a minor, knock yourself champ.

megabrow (cufc)
Redknapp leaps to Mackay defence

I

wonder if he'd feel the same way if he wasn't a white, non-jewish heterosexual male. Because Mackay has basically insulted everyone else!

Jay_D
Redknapp leaps to Mackay defence

C

heers Harry. I was wondering if he'd murdered anyone

Ezy_Rider
Redknapp leaps to Mackay defence

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