It's gotta be a dream come true for him!
The 1D bandmate will be joining up with former chairman John Ryan and the two are expected to hold a joint conference to announce it all going down at Wembley Stadium on Friday at 6pm.
Which, coincidentally enough, will also be where One Direction will be hosting a series of three sold out concerts!
Although Louis will be a "silent partner" since his commitment is to music right now, the singer was originally thought to have put the deal in jeopardy after his smoking scandal… but we guess once the smoke cleared, Louis was still able to roll through with this mega agreement!
Here's what one source said:
"The timing of the Peru video has really upset him because he doesn’t want anything to jeopardise the deal, which is very commercially sensitive and worth a seven-figure sum."
That could've gone all up in smoke! But we guess Louis was able to handle the scandal well enough, either with eye drops or whatever, and push this deal through!
Props to Louis Tomlinson for shooting for his dreams! Hopefully the club will have many successful years while Louis silently is at the helm.
[Image via Twitter.]