Believe It Or Not, There’s A Professional Sports Franchise That Would Be Lucky To Have James Dolan Or Fred Wilpon As Owner
…that team being the EPL’s Cardiff City ; following threats to dismiss manager Malky Makay, owner Vincent Tan is chasing a number of candidates (amongst them, former Manchester United forward Ole Gunnar Solskjær) and has since cancelled a previous scheduled meeting with the club’s Supporter’s Association. While Thursday’s 3-0 home loss to Southampton was marked by loud protests on Leckwith Road, Tan can now begin meddling in the affairs of Bosnian side FK Sarajevo, whom he acquired on Christmas Day. From Eurosport :
“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,” Sarajevo general director Dino Selimovic told Reuters.
Selimovic declined to provide details on investment but local media reported on Wednesday that the Malaysian billionaire has pledged to invest 3 million Bosnian marka £1.28m).
Sarajevo, established in 1946, has faced bankruptcy over millions of marka in accumulated debt.
Tan, who has been in talks with the club’s managers since last summer, wanted them to draft a plan of the debt restructuring and a three-year investment plan, Sarajevo vice president Edis Kusturica told the Nezavisne Novine daily.
Under the deal, Cardiff will cooperate with Sarajevo, exchanging players and taking part in a football academy, yet to be established, which Tan has said would lure new talents.