He Does not even understand football,yet now owns 4 clubs

Tan Adds Fourth Club

Vital Football

Wednesday 13th May 2015

Vincent Tan, as reports had recently claimed, is to add another club to his growing portfolio of clubs, which all started with Cardiff with the reports that this would be a Belgian club seemingly right.

Belgian First Division club KV Kortrijkt will become his fourth club with the BBC, which is usually on the pulse, reporting that he will pay five million Euros for the topflight side, who are fifth at the moment with three-matches remaining.

Not only does Tan, of course, own Cardiff he also owns Sarajevo as well as a minority stake in MLS outfit Los Angeles FC with KV Kortrijkt soon to be added.

Sky Sports

Cardiff owner Vincent Tan buys Belgian club KV Kortrijk

13/05/15

Vincent Tan: Expanding his empire


Cardiff City owner Vincent Tan has bought Belgian top-flight club KV Kortrijk.

The Malaysian-billionaire is reported to be paying around five million euros for Kortrijk, who qualified for the season-ending championship play-offs.

Tan, who also owns a club in Sarajevo and has a minority stake in Los Angeles FC, has bought the the Belgian side from the De Gryse family.



A statement on the club's website said: "The De Gryse family and Vincent Tan have both prioritised the continuation and long-term preservation of an ambitious first division side in Kortrijk,"

"A number of clear arrangements have been made to ensure the club will maintain its individuality."

The statement added that Tan will not make any significant changes to the running of the club nor its management, although it has been reported that Cardiff chief executive Ken Choo will serve as a director.

Tan caused controversy at Cardiff when he changed the club's kit from blue to red in 2013, although it was changed back in January this year.

With that many clubs he had better buy a golf bag as well (PS with a trolley as well)

I think he understands football as a business better that you give him credit for.

I think he understands football as a business better that you give him credit for.

I don't think he does,just look at the state of us .

I think he understands football as a business better that you give him credit for.

Haha good one!

I think he understands football as a business better that you give him credit for.

That's comedy gold fair play!

Selling Joe Mason to pay for it? perhaps?

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Wayne, 6 CEO'S we have had at Cardiff City in 4 Years

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

He has made a mess of us.

Looking at his record he has thrown away £100m and reduced the value of the business from 17,000 STs, he inherited that, to be lucky to get 8,000. Doesn't sound good business to me.

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

No need to be a prick about it and talk down to people. Football quite clearly, isn't like any other business. If you can explain to me how tan has proved he knows more about the 'football business' than we think then please provide the evidence... and dumb it down a bit please your IQ must be so high it's like reading mandarin without your F1 references

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

He has made a mess of us.We were in a far bigger mess before he took over

Looking at his record he has thrown away £100m and reduced the value of the business from 17,000 STs, he inherited that, to be lucky to get 8,000. Doesn't sound good business to me.

Thats because we are all on the outside pissing in as it were.His only mistake was to trust people he thought knew what they were doing.Managers now have less power than they used to as a lot of english clubs are moving to the continental model of employing coaches that have only some input into recruitment.We are not the first club to suffer at the hands of managers that like spending other peoples money but don't like the accountability that comes with it.I agree that he has severely stung I think long term he will make money from football.As for the ST's that'll go back up or down according to our league position,the same as most other clubs.

More worrying when those that don't understand business buy football clubs.

More worrying when those that don't understand business buy football clubs.

More like those who understand football only know how to squander someone else's money.

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

And for those still learning to write , isn`t the Formula 1 driver Lewis Hamilton , not Louis Hamilton

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

He has made a mess of us.We were in a far bigger mess before he took over

Looking at his record he has thrown away £100m and reduced the value of the business from 17,000 STs, he inherited that, to be lucky to get 8,000. Doesn't sound good business to me.

Thats because we are all on the outside pissing in as it were.His only mistake was to trust people he thought knew what they were doing.Managers now have less power than they used to as a lot of english clubs are moving to the continental model of employing coaches that have only some input into recruitment.We are not the first club to suffer at the hands of managers that like spending other peoples money but don't like the accountability that comes with it.I agree that he has severely stung I think long term he will make money from football.As for the ST's that'll go back up or down according to our league position,the same as most other clubs.

A smart owner would have either stuck with Malky until the end of the season or appointed an experienced manager who had been there, done it and bought the T-shirt, instead he goes and appoints a manager, on a large salary with no Premiership managerial experience!! You don't have to be ITK to see that he has made so many costly mistakes that you would be forgiven in thinking that this was the first business he had ever run in his life

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

He has made a mess of us.We were in a far bigger mess before he took over

Looking at his record he has thrown away £100m and reduced the value of the business from 17,000 STs, he inherited that, to be lucky to get 8,000. Doesn't sound good business to me.

Thats because we are all on the outside pissing in as it were.His only mistake was to trust people he thought knew what they were doing.Managers now have less power than they used to as a lot of english clubs are moving to the continental model of employing coaches that have only some input into recruitment.We are not the first club to suffer at the hands of managers that like spending other peoples money but don't like the accountability that comes with it.I agree that he has severely stung I think long term he will make money from football.As for the ST's that'll go back up or down according to our league position,the same as most other clubs.

Ever thought of buying a club for £3 million knocking on the premiership door with all its riches. We were not in a big mess as some have tried to make out, mainly directors who only had their own interests at heart.

Yes clubs do lose supporters when they are playing bad. However how many clubs owners have to eat humble pie like ours when things go bad. Trust me Tan turning us back to blue forced him to eat the biggest piece of the pie ever at our club.

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

He has made a mess of us.We were in a far bigger mess before he took over

Looking at his record he has thrown away £100m and reduced the value of the business from 17,000 STs, he inherited that, to be lucky to get 8,000. Doesn't sound good business to me.

Thats because we are all on the outside pissing in as it were.His only mistake was to trust people he thought knew what they were doing.Managers now have less power than they used to as a lot of english clubs are moving to the continental model of employing coaches that have only some input into recruitment.We are not the first club to suffer at the hands of managers that like spending other peoples money but don't like the accountability that comes with it.I agree that he has severely stung I think long term he will make money from football.As for the ST's that'll go back up or down according to our league position,the same as most other clubs.

Ever thought of buying a club for £3 million knocking on the premiership door with all its riches. We were not in a big mess as some have tried to make out, mainly directors who only had their own interests at heart.

Yes clubs do lose supporters when they are playing bad. However how many clubs owners have to eat humble pie like ours when things go bad. Trust me Tan turning us back to blue forced him to eat the biggest piece of the pie ever at our club.

The court case didn't happen then Ian and we weren't about to go bust. 3 million was not the price he paid there was a lot of debt to pay off.

:roll:

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

And for those still learning to write , isn`t the Formula 1 driver Lewis Hamilton , not Louis Hamilton

Yep,but at least you read it and understood the analogy.

And Baked,surely it doesn't get any messier than the taxman trying to wind you up.No coming back from that.

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

He has made a mess of us.We were in a far bigger mess before he took over

Looking at his record he has thrown away £100m and reduced the value of the business from 17,000 STs, he inherited that, to be lucky to get 8,000. Doesn't sound good business to me.

Thats because we are all on the outside pissing in as it were.His only mistake was to trust people he thought knew what they were doing.Managers now have less power than they used to as a lot of english clubs are moving to the continental model of employing coaches that have only some input into recruitment.We are not the first club to suffer at the hands of managers that like spending other peoples money but don't like the accountability that comes with it.I agree that he has severely stung I think long term he will make money from football.As for the ST's that'll go back up or down according to our league position,the same as most other clubs.

Ever thought of buying a club for £3 million knocking on the premiership door with all its riches. We were not in a big mess as some have tried to make out, mainly directors who only had their own interests at heart.

Yes clubs do lose supporters when they are playing bad. However how many clubs owners have to eat humble pie like ours when things go bad. Trust me Tan turning us back to blue forced him to eat the biggest piece of the pie ever at our club.

The court case didn't happen then Ian and we weren't about to go bust. 3 million was not the price he paid there was a lot of debt to pay off.

Of course the court case happened.

Tell me Neil why do you think the court case happened? Keep in mind Tan was in the background. Tan was going to buy the club so why did it go to court?

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

He has made a mess of us.We were in a far bigger mess before he took over

Looking at his record he has thrown away £100m and reduced the value of the business from 17,000 STs, he inherited that, to be lucky to get 8,000. Doesn't sound good business to me.

Thats because we are all on the outside pissing in as it were.His only mistake was to trust people he thought knew what they were doing.Managers now have less power than they used to as a lot of english clubs are moving to the continental model of employing coaches that have only some input into recruitment.We are not the first club to suffer at the hands of managers that like spending other peoples money but don't like the accountability that comes with it.I agree that he has severely stung I think long term he will make money from football.As for the ST's that'll go back up or down according to our league position,the same as most other clubs.

Ever thought of buying a club for £3 million knocking on the premiership door with all its riches. We were not in a big mess as some have tried to make out, mainly directors who only had their own interests at heart.

Yes clubs do lose supporters when they are playing bad. However how many clubs owners have to eat humble pie like ours when things go bad. Trust me Tan turning us back to blue forced him to eat the biggest piece of the pie ever at our club.

The court case didn't happen then Ian and we weren't about to go bust. 3 million was not the price he paid there was a lot of debt to pay off.

Of course the court case happened.

Tell me Neil why do you think the court case happened? Keep in mind Tan was in the background. Tan was going to buy the club so why did it go to court?

Didn't tg promise the money not tan when the court case happened ?

He's a businessman and understands business. He doesn't have to understand football, that's what employees are for.

All he has to do now is get the right employees.

With us he can make money IF we get in the prem. With the European teams he can make money if they get into Europe and with LAFC it's a growing market that many sports investors are clamouring to get involved with.

He ain't daft. Its just that our fans don't like their beloved sport being called a business.

Ah someone with an IQ of more than 50.For those still learning to read I said he understands the business side and how to maximize it better that he is given credit for.I'll dumb it down as much as I can.Louis Hamilton is a formula 1 champion,arguably the best but he hasn't got a scooby do about how the car works he just drives them.He leaves it to the experts to design and build them.And he doesn't tell them how to finance it either.

He has made a mess of us.We were in a far bigger mess before he took over

Looking at his record he has thrown away £100m and reduced the value of the business from 17,000 STs, he inherited that, to be lucky to get 8,000. Doesn't sound good business to me.

Thats because we are all on the outside pissing in as it were.His only mistake was to trust people he thought knew what they were doing.Managers now have less power than they used to as a lot of english clubs are moving to the continental model of employing coaches that have only some input into recruitment.We are not the first club to suffer at the hands of managers that like spending other peoples money but don't like the accountability that comes with it.I agree that he has severely stung I think long term he will make money from football.As for the ST's that'll go back up or down according to our league position,the same as most other clubs.

Ever thought of buying a club for £3 million knocking on the premiership door with all its riches. We were not in a big mess as some have tried to make out, mainly directors who only had their own interests at heart.

Yes clubs do lose supporters when they are playing bad. However how many clubs owners have to eat humble pie like ours when things go bad. Trust me Tan turning us back to blue forced him to eat the biggest piece of the pie ever at our club.

The court case didn't happen then Ian and we weren't about to go bust. 3 million was not the price he paid there was a lot of debt to pay off.

Of course the court case happened.

Tell me Neil why do you think the court case happened? Keep in mind Tan was in the background. Tan was going to buy the club so why did it go to court?

I'm guessing you think it is something other than the simple and correct answer which is we were skint and couldn't afford to pay our debt to HMRC?