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.
Feb 1, 2015, 12:53 PM EST
A stunner from Jonjo Shelvey saw Swansea surprisingly through after a lackluster first hour.
Feb 1, 2015, 12:08 PM EST
Arsene Wenger felt the scoreline may not have reflected the true nature of the game, and that the second goal was the key one in breaking down the visitors to the Emirates earlier today.
Feb 1, 2015, 11:22 AM EST
A pair of first-half goals saw Celtic through to the Scottish League Cup final over rivals Rangers.
Feb 1, 2015, 10:39 AM EST
Southampton can jump right back into the top three with a win against a struggling Swansea side at home.
Feb 1, 2015, 10:21 AM EST
Olivier Giroud opened things up inside 10 minutes and it was a sign of things to come as Aston Villa slumped to 612 minutes without a league goal.
Feb 1, 2015, 9:03 AM EST
His ACL tear in the past, now a fresh injury concern has shelved the Dutch midfielder.
Feb 1, 2015, 7:44 AM EST
Mesut Ozil starts in the middle in place of injured Alexis Sanchez as Aston Villa comes to the Emirates.
Jan 31, 2015, 11:20 PM EST
Diego Costa has again claimed his own innocence. And you know what? I believe that he believes he’s done nothing wrong.
Jan 31, 2015, 10:43 PM EST
Big Sam was quick to take the credit away from Liverpool and place the blame for Saturday’s loss on his own injury “crisis.”
Jan 31, 2015, 9:24 PM EST
Van Gaal remembers what happened last time his side led Leicester, and he learns his lessons the first time.
Jan 31, 2015, 8:30 PM EST
All of the day’s confirmed, officially official transfer dealings from Saturday, Jan. 31.
Jan 31, 2015, 7:27 PM EST
The actual games took a backseat to shenanigans as two of four semifinals places were booked on Saturday.
Jan 31, 2015, 5:45 PM EST
All of Saturday’s action from Spain and Italy.
Jan 31, 2015, 4:57 PM EST
Arsenal and Southampton hope to keep their assaults on the Top Four in order, while Aston Villa and Swansea City hope to snap skids.
Jan 31, 2015, 4:19 PM EST
And to think, we’ve still a pair of Sunday matches on the slate. Let’s go through what’s done and dusted.
Jan 31, 2015, 3:40 PM EST
There were eight games in the PL on a busy Saturday. Here’s how it all went down with recaps, analysis and much more.
Jan 31, 2015, 3:20 PM EST
Manchester City’s boss thought his charges were very good, but is disappointed to snare a solitary point against Chelsea.
Jan 31, 2015, 3:12 PM EST
Lampard was the last player on the pitch, saluting both groups of supporters.
Jan 31, 2015, 3:06 PM EST
What did we learn from the tense draw at Stamford Bridge? Here’s three things.
Jan 31, 2015, 2:47 PM EST
Giving Chelsea and City’s players a mark out of 10.
- Southampton 0-1 Swansea: Shelvey snatches win with sensational late strike 0
- Arsenal 5-0 Aston Villa: Gunners torch hapless Villa with deadly counters 0
- Diego Costa maintains his innocence, says “I’ve not done anything wrong” 4
- DONE DEAL: Seydou Doumbia to Roma headlines quiet Saturday for transfers 0
- Premier League Sunday preview: Top-half teams jockey for position 0
- Premier League roundup: Big wins for Manchester United, Liverpool, Tottenham and more 0