The new co-owner of Bournemouth, Matt Hulsizer, has outlined his ambition to see the South Coast side win the Premier League title and the Champions League in the near future.

The American purchased a 25% stake in the side last October, months after they ascended to the top flight for the first time in their history.

"I think we are going to be in this club for a long time. I'd like to see us win the Premier League then I think we will probably reassess after we do that," Hulsizer told The Mirror.

"I'd say this club could go as far as it wants to. One of the great things that has happened in English football, the way the Premier League is structured, the teams share the revenue. All of a sudden, a team like Manchester United can't outspend us 10-to-one or 20-to-one so when we go on the pitch against them, it is a much more competitive game as we showed, because we beat them.

"It would not have been possible 10 or 15 years ago, for sure, so how good can Bournemouth be? My expectations are a lot higher. I am ambitious and the great thing is my partner Max [Demin] is equally ambitious. I don't know whether he would rather win the Champions League or the Premier League but for sure, one of those two would be his ambition, as [it is] mine."

Bournemouth currently sit 16th in the Premier League, four points clear of the drop zone with 15 games of the season to play.