The Premiership club Exeter Chiefs has approved a takeover by the owners of Premier League side AFC Bournemouth, ending John Rowe’s 25‑year run.

Rowe guided the Chiefs from the fourth tier to European champions, moving them to Sandy Park in 2006 and expanding the venue beyond 20,000 seats. Despite pandemic debts and a drop to ninth place last season, the club remains competitive.

The new ownership plans to inject capital and rebuild the squad, with recent signings like Len Ikitau and Tom Hooper already challenging for a play‑off spot. Fans expect the investment to restore Exeter’s status as a top English rugby force.

Exeter’s future hinges on the fresh backing, which could reverse the talent drain and financial strain that followed the pandemic, setting the stage for a return to consistent Premiership contention.