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.
Mar 2, 2015, 11:16 PM EST
It’s been a tough run for Southampton, but it’s not the first bump in the road this season.
Mar 2, 2015, 10:00 PM EST
RVDV to SKC? Bild says they’re making their play, and offering lots of cash.
Mar 2, 2015, 8:30 PM EST
Reports of racist abuse are up 70 percent, which is actually a good thing, because it’s being reported more than ever before.
Mar 2, 2015, 7:15 PM EST
John Terry knows he’s fighting every year for a new contract at Chelsea, and it’s inspired the best form of his career.
Mar 2, 2015, 7:00 PM EST
Chicago has only made the playoffs once in the past five seasons, but with some big offseason signings, the Fire could cause problems in the East.
Mar 2, 2015, 6:41 PM EST
Sherwood’s putting all his eggs into Tuesday night’s derby basket, for better or for worse.
Mar 2, 2015, 5:17 PM EST
The title race was minutes from being OVER; it’s still probably over. Tevez’s goal was an absolute beauty.
Mar 2, 2015, 5:00 PM EST
Last season’s worst team in the West has a new stadium and high hopes for 2015.
Mar 2, 2015, 4:21 PM EST
Jerseys, jerseys, jerseys! More new jerseys!
Mar 2, 2015, 3:30 PM EST
Where and how to watch every single PL game on Tuesday and Wednesday.
Mar 2, 2015, 3:15 PM EST
The 23-year-old German defender was attempting to win a loose ball, and instead struck a strong ball past his keeper.
Mar 2, 2015, 3:00 PM EST
After finishing with the fewest points in MLS last season, the only way to go is up for Montreal.
Mar 2, 2015, 2:20 PM EST
Why wait for the season that might not happen, when we’ve got all the answers for you right now?
Mar 2, 2015, 2:14 PM EST
The captain has been out since Feb. 10, while Ibe was hurt in last week’s Europa League dismissal by Besiktas.
Mar 2, 2015, 1:30 PM EST
Bocanegra will work with MLS Atlanta president Darren Eales, who has worked with Premier League clubs West Bromwich Albion and Tottenham Hotspur.
Mar 2, 2015, 12:36 PM EST
The Daily Mail had reported that three cops cars stormed a Premier Leaguer’s apartment earlier Monday to make the arrest.
Mar 2, 2015, 12:22 PM EST
KC only has two Designated Players — Matt Besler and Zusi — and RVDV would be a nice match provided the money works for both parties.
Mar 2, 2015, 12:00 PM EST
The Lions will roar into MLS after several successful seasons in the third-tier. How will Orlando fare in 2015?
Mar 2, 2015, 10:48 AM EST
Hull takes on Sunderland, Bruce’s old club, on Tuesday.
Mar 2, 2015, 10:06 AM EST
PST’s Editor and Lead Writer take a look back at Week 27 in the Premier League.
- PHOTOS: LA Galaxy, Real Salt Lake, Montreal Impact, Chicago Fire unveil new 2015 jerseys 1
- WATCH: Midweek Premier League TV schedule – Week 28 0
- 2015 MLS predictions: Cup winners? MVP? Lampard or Gerrard? Kaka or Giovinco? 2
- MLS Atlanta makes shrewd hire, bringing in Carlos Bocanegra as technical director 0
- BBC report: Sunderland’s Adam Johnson arrested on suspicion of sex with a 15-year-old girl 4
- Premier League Playback: Why Manchester City are throwing away the title 0