Dec 25, 2013, 4:16 PM EDT
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.
May 27, 2015, 9:40 AM EDT
Sepp Blatter has served as president for 17 years and is expected to easily win reelection.
May 27, 2015, 9:00 AM EDT
Let’s take a walk through the six yard box with the Premier League’s 10 best ‘keepers for 2014-15.
May 27, 2015, 8:30 AM EDT
A press conference is scheduled to be held at 10:30 a.m. ET from the U.S. Department of Justice.
May 27, 2015, 7:52 AM EDT
Texas has been hit with massive flooding that has left at least 19 dead, as soccer takes a backseat.
May 27, 2015, 6:55 AM EDT
Attorney General Loretta E. Lynch speaks about the FBI’s investigation into widespread allegations of corruption at FIFA.
FIFA fallout continues: Swiss authorities open criminal proceedings into allocation of 2018, 2022 World Cups
May 27, 2015, 6:08 AM EDT
Mark down May 27, 2015 as perhaps the lowest point in FIFA’s history.
May 27, 2015, 5:20 AM EDT
FIFA officials from CONCACAF region and South America dominate the FBI’s wanted list.
May 27, 2015, 12:44 AM EDT
An unprecedented blow to the upper tier of FIFA’s personnel structure could be the beginning of a sweeping takedown of the organization’s corrupt inner workings.
May 26, 2015, 11:17 PM EDT
Toronto FC has put a “projected Starting XI” on Twitter, one that includes Michael Bradley and Sebastian Giovinco.
May 26, 2015, 10:28 PM EDT
Well, the Premier League season has been over for a solid 59 hours, and we shouldn’t let it get to 60 without digging through the muck that is the transfer rumor mill.
May 26, 2015, 9:30 PM EDT
All-in-all, he’s played for 11 clubs — four on loan — and only one for more than 30 matches (Standard Liege).
May 26, 2015, 8:36 PM EDT
He finished off the speech with a brilliant line regarding Chelsea, “They played from August till May and sometimes they brought the bus.”
May 26, 2015, 7:47 PM EDT
Chicharito’s career will make an interesting case study when all’s said and done.
May 26, 2015, 6:42 PM EDT
“Surely he knows … that outside of the voting chambers, that the world … the players and supporters, want change,” Delaney said.
May 26, 2015, 5:51 PM EDT
The USMNT faces Germany on June 10 in Cologne after a June 5 date at Amsterdam Arena against the Netherlands.
May 26, 2015, 5:00 PM EDT
A great deal of clubs can find young talent on our list, as the 2014-15 season review continues.
May 26, 2015, 4:33 PM EDT
Napoli finished fourth in Serie A, and made it to the Europa League semifinal before being bounced by Dnipro.
May 26, 2015, 3:41 PM EDT
This list will tend to include more high-profile names than low-risk moves that didn’t pan out.
May 26, 2015, 2:38 PM EDT
Find out which 11 players shone during the final matchday of the 2014-15 PL season.
May 26, 2015, 1:20 PM EDT
The grades are in… Let’s see who is top of the class.
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- FIFA fallout continues: Swiss authorities open criminal proceedings into allocation of 2018, 2022 World Cups 0
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- Report: Multiple FIFA officials arrested in Zurich, will be extradited to United States 5
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