Baseball legend Billy Beane has purchased a 5% stake in AZ Alkmaar taking his partnership with the club to another level.

The man behind the Moneyball theory, who had success with Major League baseball club Oakland Athletics, has been an adviser to AZ Alkmaar since 2015.

Beane has now taken shares in the club with a maximum of just under five percent. Until now, AZ Alkmaar had owned all the shares in their club.

AZ director Robert Eenhoorn says to the club site: ‘The cooperation over the past years has shown us how great it is to have the breadth and depth of Billy’s knowledge and experience at our disposal. It has been of indisputable added value. By formalising this now, we ensure a sustainable cooperation with a view to the future of AZ.”

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