Tan getting cold feet in kortrijk?

A forum for all things Cardiff City

Tan getting cold feet in kortrijk?

Postby fred keenor » Wed Aug 14, 2019 7:19 pm

Belgium: Tan getting cold feet in Kortrijk?


14.08.2019 source: HLN.be

Belgium: Tan getting cold feet in Kortrijk? Vincent Tan might not end up being the preferred private partner on KV Kortrijk’s proposed new stadium. But even if he shows no interest, the city intends to build the stadium with a different partner.

The Malaysian-Chinese businessman is famous for his football empire, already consisting of four teams in Europe and USA. But in one of these cases it seems Tan isn’t as bold as he might seem at first glance.

The entrepreneur has already asked twice to postpone decision on his involvement in a public-private stadium project for KV Kortrijk. The proposed 15,000-seater within the Evolis business area will go ahead only with a private partner. Tan is obviously the most anticipated one, since he owns the football club. But now the municipality is saying they cannot wait forever.

“He received a document with, among other things, all prices and conditions. These are really interesting conditions. Because you can combine a new stadium with commercial uses. In other words: you can make a profit out of it as an investor. We want clarity now. because the project is in danger of being delayed. New stadium in Kortrijk

“As the owner of KVK, Vincent Tan is given the first choice to invest in the project. But if he doesn't want, there are other options. For example, there are many Belgian companies that are interested in handling the file.” says municipal officer for sports Arne Vandendriessche.

As you may recall from our previous coverage, the project offers a very attractive location just off the highway to Ghent. It would become a major leisure destination with the stadium, possibly hotel, trampoline park and other uses, all with great pedestrian and bicycle access. The only thing not welcome within it is significant retail use.

As things stand, decision from Vincent Tan is expected to come around September.
Attachments
14kort.jpg
14kort.jpg (252.61 KiB) Viewed 1399 times
fred keenor
 
Posts: 1791
Joined: Tue Nov 24, 2009 9:13 pm

Tan getting cold feet in kortrijk?

Advertisement

Advertisement
Login or Register to remove this ad.

Re: Tan getting cold feet in kortrijk?

Postby Deep Blue FC » Wed Aug 14, 2019 7:56 pm

Understandable though. No ambition in that league really. Just like him selling his share of the LAFC he’s hopefully going to cut down on football and give whatever football funds he has into one club only, Cardiff :)
Deep Blue FC
 
Posts: 173
Joined: Sun Feb 10, 2019 7:08 pm

Re: Tan getting cold feet in kortrijk?

Postby davids » Wed Aug 14, 2019 8:14 pm

Deep Blue FC wrote:Understandable though. No ambition in that league really. Just like him selling his share of the LAFC he’s hopefully going to cut down on football and give whatever football funds he has into one club only, Cardiff :)


Or maybe he's looking to get out of football completely and Cardiff is the most difficult club to find a buyer for given it's current level of debt?

Just a thought.
davids
 
Posts: 7104
Joined: Tue Nov 24, 2009 10:16 pm

Re: Tan getting cold feet in kortrijk?

Postby goats » Wed Aug 14, 2019 8:27 pm

davids wrote:
Deep Blue FC wrote:Understandable though. No ambition in that league really. Just like him selling his share of the LAFC he’s hopefully going to cut down on football and give whatever football funds he has into one club only, Cardiff :)


Or maybe he's looking to get out of football completely and Cardiff is the most difficult club to find a buyer for given it's current level of debt?

Just a thought.


It’s a lot less than it once was....another promotion and I’d say we could be debt free
User avatar
goats
 
Posts: 2030
Joined: Thu Nov 26, 2009 11:09 pm

Re: Tan getting cold feet in kortrijk?

Postby davids » Wed Aug 14, 2019 8:33 pm

goats wrote:
davids wrote:
Deep Blue FC wrote:Understandable though. No ambition in that league really. Just like him selling his share of the LAFC he’s hopefully going to cut down on football and give whatever football funds he has into one club only, Cardiff :)


Or maybe he's looking to get out of football completely and Cardiff is the most difficult club to find a buyer for given it's current level of debt?

Just a thought.


It’s a lot less than it once was....another promotion and I’d say we could be debt free


Which could make it easier for him to get rid of.

No doubt we will see in due course.
davids
 
Posts: 7104
Joined: Tue Nov 24, 2009 10:16 pm

Re: Tan getting cold feet in kortrijk?

Postby bluesince62 » Wed Aug 14, 2019 9:24 pm

davids wrote:
goats wrote:
davids wrote:
Deep Blue FC wrote:Understandable though. No ambition in that league really. Just like him selling his share of the LAFC he’s hopefully going to cut down on football and give whatever football funds he has into one club only, Cardiff :)


Or maybe he's looking to get out of football completely and Cardiff is the most difficult club to find a buyer for given it's current level of debt?

Just a thought.


It’s a lot less than it once was....another promotion and I’d say we could be debt free


Which could make it easier for him to get rid of.

No doubt we will see in due course.


Well,even if that is the case (making it/us easier to get rid of) we will be a lot more attractive to potential investors/buyers,being debt free and all that :thumbup: :old: :bluebird:
bluesince62
 
Posts: 1628
Joined: Sat Jun 29, 2013 11:02 am

Re: Tan getting cold feet in kortrijk?

Postby RV Casual » Thu Aug 15, 2019 11:47 am

If he gets us debt free and then sells I for one would be quite worried what the future holds.

I hope he stays around for years, we have always struggled for investors and whoever he sells to it would be a lottery as to whether they were in it for the right reasons or not.

Hopefully he will be prudent as to who he moves us on to when the time comes
RV Casual
 
Posts: 2882
Joined: Wed Nov 25, 2009 9:36 pm

Re: Tan getting cold feet in kortrijk?

Postby Bluebina » Thu Aug 15, 2019 7:12 pm

RV Casual wrote:If he gets us debt free and then sells I for one would be quite worried what the future holds.

I hope he stays around for years, we have always struggled for investors and whoever he sells to it would be a lottery as to whether they were in it for the right reasons or not.

Hopefully he will be prudent as to who he moves us on to when the time comes



Spot on :thumbup:
Bluebina
 
Posts: 9718
Joined: Wed Dec 02, 2009 11:32 pm



Return to General Chat

Who is online

Users browsing this forum: Google [Bot], RangerRank and 88 guests

Disclaimer :
The views and comments entered in these forums are personal and are not necessarily those of the management of this board.
The management of this board is not responsible for the content of any external internet sites.