According to The New York Times, American billionaire Bill Foley, through his group Black Knight Football Club (BKFC), is purchasing only a 25% ownership stake in HNK Rijeka, while Damir Mišković will remain the majority owner and continue managing the club. This decision reportedly stems from UEFA rules that prohibit an owner from holding more than 30% stakes in multiple clubs competing in the same competitions, which could cause conflicts if Foley became the majority owner. BKFC thus enters a partnership with the Croatian club, with Mišković retaining control.

Bill Foley, known for owning English club Bournemouth, Portuguese Moreirense, New Zealand’s Auckland FC, and minority stakes in Scotland’s Hibernian and France’s Lorient, is expanding his football network into Croatia. The investment in Rijeka is estimated to be around 40 to 50 million euros, positioning the club among valuable regional football teams.

Damir Mišković, who led the club successfully for 13 years with multiple trophies, will likely see significant financial gains from this deal. The partnership with American capital is expected to bring financial strength and a new dimension in club operations, including investments in infrastructure, youth academies, training centers, and sports resources.

Regarding new signings, the new owners have already started bringing players such as Daniel Adu-Adjei from Bournemouth and Ethan Williams from Manchester United. Changes or additions to the coaching staff are also expected, with the future of the current coach Radomir Đalović uncertain.

In summary:

• Foley acquires a 25% stake, Mišković retains the majority.
• New owners are already working on reinforcements.
• Possible changes in the coaching staff.
• Investments in infrastructure and long-term club development are planned.

This is a significant step in Rijeka’s history, as the club joins a larger football group, expanding its opportunities at the European level through the network and financial backing of Black Knight Football Club and Bill Foley.