Hollywood star Michael B. Jordan has joined billionaire Bill Foley as a part-owner of Premier League side Bournemouth. The Cherries announced on Tuesday that previous owner Maxim Demin has sold his stake in the club to a company called Black Knight Football Club, Cannae Holdings Inc. and other investors.

Foley will take over as chairman of the Premier League team while Black Panther star Jordan and Nullah Sarker of The Players’ Tribune and Davis Cup have also joined the ownership group, with the actor set to contribute to global marketing and the “internationalisation” of the club.

“We will move forward with an ‘always advance, never retreat’ approach that has defined all of my endeavours,” Foley told the club’s website.

“I am committed to work with the best football and business minds available to enhance player development, facilities, and the fan experience to put AFC Bournemouth in the best possible position to succeed.”

The Cherries recently appointed caretaker manager Gary O’Neil on a permanent basis, and their first game back after the World Cup break is against Newcastle in the Carabao Cup on Tuesday December 20.