Cannae 2025 Q4 (31 Dec) Shareholder Letter has just dropped:
> $249m invested for 42% of #BKFC-US
> Confirms 100% ownership of #AFCB & #LesMerlus & majority of #Moreirense
> Strategic Affiliations with Auckland, Orlando City & Kypto Sanga
> #Hibs divestment "at cost"
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3) #LesMerlus snippets:
- Signed 8 new players
- Resigned 1st choice keeper
- 5 out of 8 new signings under 22 - “ consistent with BKFC methodology”

Cannae publish Q3 shareholder letter noting $249m invested in a 45% share of #BKFC. Key notes;
- #afcb transfer dealings & stadium dev’t
- #LesMerlus acquisition of young players
- #Moreirense new leadership team (CEO+Coach) & transfer dealings
- #Hibs European qualification
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Rijeka nakon Miškovića: Bill Foley revolucionarnom kupovinom pokriva pola Europe - Nepresušan Rijeka postaje prinova u grupaciji BKFC koju vodi Bill Foley. Što to znači za Rijeku?

The source article is here for any #afcb #hibs #lesmerlus #mfcscf #samorijeka interested:

nepresusan.com/rijeka-nakon...

Rumours around Black Knight Football Club adding HNK Rijeka to its stable of clubs ( #afcb #hibs #lesmerlus #moreirense & #AucklandFC the others)

Cannae Holdings, Inc. Announces Black Knight Football Club’s Acquisition of a Majority Interest in Moreirense Futebol Clube, a Portuguese Primeira Football Club | Cannae Holdings, Inc. The Investor Relations website contains information about Cannae Holdings, Inc.'s business for stockholders, potential investors, and financial analysts.

This Cannae Press Release regarding the acquisition of a majority stake in Moreirense confirms (by omission) that, unlike #afcb #Hibs & #LesMerlus, #AuklandFC is not a subsidiary of BKFC-US.

www.cannaeholdings.com/news-release...

On 31 May over 90% of Moreirense FC members (shareholders) voted to join #afcb #hibs & #LesMerlus as part of the BKFC-UK stable. The initial €15m for 62.5% will be used for a new 10k seat stadium and improvements to training, academy & women’s team facilities.
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Estimated latest ownership structure for BKFC and #afcb #hibs, #LesMerlus, #ThePort following Cannae's shareholder conference call...

In response to the people movements at Cannae, Caronnade have now filed a formal proxy statement in advance of the AGM. The Boardroom battle continues.
#afcb #hibs #LesMerlus

Cannae release Q1 results at shareholder conference today:
Confirms 44% stake in BKFC-US.
Acknowledges excellent on-pitch performance in the 3 teams - #afcb, #hibs, #LesMerlus.
Highlights the completion of AFCB Training Ground, future stadium plans & $630m club valuation.
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Big set of results coming up for Cannae. Shareholder unrest could be quelled by a good set. Due out on May 12.
#afcb #hibs #lesmerlus

And just like that along come the BKFC-UK accounts. Hopefully some more stuff on the way funding is being apportioned to #afcb, #hibs and #LesMerlus

1st post on here. Not sure what to write. So here's a picture of one of my favourite #footballshirts from my collection. 🐟

#FCLorient #LesMerlus