AFC Bournemouth Vice Chairman Jeff Mostyn believes the club is ready to move forward into a new era under the co-ownership of Maxim Demin.
Earlier this month Demin purchased Jeff Mostyn's 44% and Steve Sly's 6% of the football club and became AFC Bournemouth chairman Eddie Mitchell's 50-50 partner.
Jeff Mostyn will remain as the clubs Vice Chairman and Steve Sly will continue as a club director.
Mostyn told afcb.co.uk...
'Understandably I have mixed feelings (on selling), when you consider the roller coaster ride over the past five years. Steve (Sly) and I made the difficult decision to sell, because of the commitment we have to the football club, and it would have been wrong for us to hold on to our shares when we knew that there was potential investment to take the club forward into a new era...'
'...From the very first minute Steve and I bought into the club we were looking for investors. Along with Eddie Mitchell we have spent five years on and off travelling from Land's End to John O'Groats looking for the right person. Although Max (Maxim Demin) has been brought in by Eddie, we all feel it's absolutely the right deal for the club. I would also like to say that nobody should ever underestimate the amazing job Eddie Mitchell has done since taking the reigns as Chairman of the football club, the progress we have made is there for everyone to see. I believe we now have the perfect platform for success both on and off the pitch.
'I know Max is buying into a football club with enormous potential, and what is more important so does he. If he loves the club half as much as we do then this could be a marriage made in heaven...'
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