English rugby union club Exeter Chiefs becomes American-owned after a U.S. investment company completes its purchase of the club. Exeter announces that Black Knight Rugby, a new subsidiary of Cannae Holdings, completes a 100% acquisition of the Chiefs. The deal places Exeter within a growing portfolio connected to the same U.S. investors, which also includes English football club Bournemouth, a Premier League team. The transaction is presented by Exeter as a full change of ownership, following the completion of the purchase. The reporting focuses on the ownership shift and the link to other sports investments held by the parent company’s related entities. No specific changes to the club’s sporting operations are detailed in the available summaries, and the outlets emphasize the structure of the transaction—Black Knight Rugby as the acquiring subsidiary and Cannae Holdings as the parent investment group.