Dec 25, 2013, 4:16 PM EST
Completing a deal that’s been discussed since summer, Cardiff City owner Vincent Tan has taken control of FK Sarajevo, with the Malaysian businessman’s near-$2 million investment set to partner Tan’s new Bosnian club with his Premier League outfit in Wales. The arrangement will see the clubs arrange friendlies, exchange players, create a joint academy, and share marketing campaigns.
“I am very optimistic and hope that this co-operation will be very useful for both clubs and for Bosnian football generally,” Tan told a Sarajevo daily back in September, the eventual deal between already known at the beginning of the season.
FK Sarajevo was founded in 1946 and has won four domestic league championships, most recently claiming the Bosnia and Herzegovina Premier League title in 2006-07. The club has finished in the top league’s top four in each of the last three seasons, earning a place in the Europa League qualifying rounds each time.
Though they sit second through 19 rounds of this season’s competition, Sarajevo had also flirted with bankruptcy, with average attendance at club matches dipping below 3,000 people last season. Tan’s investment should stabilize the club’s finances, with player resources from Cardiff potentially helping head coach Robert Jarni’s team overcome two-time defending champions Željezničar, who sit two points clear at the top of the league.
“We plan to play friendly games, exchange players, organize joint training camps and marketing campaigns,” Tan said, outlining a partnership that could pave a route to the Premier League for FK Sarajevo’s best players.
According to outlets in Bosnia, Tan will not change the club colors, something he controversially did with his investment in Wales. While Cardiff City has historically worn blue, Tan changed the team’s main color to red, though the team continues to be colloquially referred to as the Bluebirds.
“We have signed an agreement which defines the investment and management rights in accordance to the club’s statute and legislation that is in force in Bosnia,” FK Sarajevo’s general director Dino Selimovic told Reuters, as reported by The Guardian.
Though the Malky Mackay saga has left Tan portrayed as a type of Bond villain, this looks like another arrangement that works for both club and investor. Just as Tan helped stabilize a Cardiff City team that was perpetually on the edge of administration, his money will alleviate worries in Sarajevo.
Fans of the club will naturally wonder if this makes the team into a feeder club, but given the divide between the Premier League and the Bosnian first division, the benefits could also go the other way, particularly if FK Sarajevo can take advantage of more lenient E.U. work permit requirements to house players who may not gain U.K. sanction. Between those rare instances and potential loans to Sarajevo, Tan’s new club could see significant on-field benefits from this new arrangement.
Plus, the club gets to stay afloat.
Dec 19, 2014, 11:20 PM EST
Harry Redknapp believes he could be Ravel Morrison’s “last chance” to prove he is ready to play top-flight football.
Dec 19, 2014, 10:25 PM EST
Since returning from injury, the England international has been key to United’s six-game win streak.
Dec 19, 2014, 9:40 PM EST
Rog and Davo are joined by Downton Abbey’s Laura Carmichael, who discusses her short stint selling hot dogs at St. Mary’s and the rivalry between Southampton and Portsmouth.
Dec 19, 2014, 8:50 PM EST
With 45 points through 17 matches, Bayern Munich is having the best season in Bundesliga history.
Dec 19, 2014, 8:00 PM EST
The opening weekend of MLS play features Orlando City SC and New York City FC facing off in a battle of expansion teams.
Dec 19, 2014, 7:10 PM EST
Newcastle and Sunderland may be bitter rivals, but their managers are telling supporters to behave on Sunday.
Dec 19, 2014, 6:20 PM EST
The Blues’ boss said his Belgian playmaker can become a Chelsea legend, but must win titles first.
Dec 19, 2014, 5:30 PM EST
England’s number one keeper finally put pen to paper with a new deal that will keep him at the Etihad until 2019.
Dec 19, 2014, 4:40 PM EST
The Leicester City boss was also fined $15,000 by the FA following his altercation with a fan.
Dec 19, 2014, 3:55 PM EST
CR7 and Howard, it seems, are among the few blessed with tons of talent and even more desire to work.
Dec 19, 2014, 3:20 PM EST
In the Premier League, Brad Guzan is tasked with keeping Manchester United off the scoreboard.
Dec 19, 2014, 2:05 PM EST
Orlando City founder and president Phil Rawlins described Shea as a big addition to the squad.
Dec 19, 2014, 1:43 PM EST
Altidore’s production for his country and in the Eredivisie prove he’s a much better player than his horrible spell at Sunderland.
Dec 19, 2014, 12:52 PM EST
According to The Daily Express, Man Utd’s man if Mats Hummels won’t come over from Borussia Dortmund is Nicolas Otamendi of Valencia.
Dec 19, 2014, 12:00 PM EST
Where and how to watch all the PL games during Week 17.
Dec 19, 2014, 11:38 AM EST
“He had to make a step back in his recovery,” said Southampton boss Ronald Koeman.
Dec 19, 2014, 10:50 AM EST
Villa Park hasn’t been a fortress for the Villans, and that’s underlined when bigger teams visit.
Dec 19, 2014, 10:10 AM EST
Sporting also added Hungarian striker Kristian Nemeth and Haitian mid James Marcellin.
Dec 19, 2014, 10:02 AM EST
Here’s how PST’s lead writer and editor sees things panning out this weekend.
Dec 19, 2014, 9:06 AM EST
Mangala on visitors to the Etihad: “Normally, teams that are coming here play more defensively.”
- MLS announces home openers for 2015 season 0
- Mourinho says Eden Hazard can become an all-time great 1
- After failed odyssey abroad, Brek Shea returns to MLS with Orlando City 3
- Lille, Werder Bremen noted frontrunners for Jozy Altidore’s services 1
- WATCH: Premier League TV schedule – Week 17 0
- Another set back for Southampton: Jay Rodriguez’s nightmare year continues 0