Premier League side AFC Bournemouth has revised plans to move into its new home by the start of the 2020/21 season , describing the target as " overly optimistic " . The club , which is owned by Russian businessman Maxim Demin , currently leases its 11,450-capacity Vitality Stadium from property company plc . It first announced plans to establish a new home in march 2016 . Bournemouth 's board , however , has said there is no reliable time - frame for the move adding there is a need to establish a " healthy financial strategy " .
Premier League side AFC Bournemouth has revised plans to move into its new stadium by the start of the 2020/21 season, describing the target as "overly optimistic". The club, which is owned by Russian businessman Maxim Demin, currently leases its 11,450-capacity Vitality Stadium from property company Structadene. It first announced plans to establish a new home in December 2016. Bournemouth's board, however, has said there is no reliable time-frame for the move adding there is a need to establish a "healthy financial strategy".