Former Georgian Football Federation President Merab Jordania has taken over Vitesse Arnhem, making the financially troubled team the first Dutch Eredivisie club with a foreign owner, AP reports.
The club says it aims to win the league within three seasons after the wealthy businessman pledged to pump cash into Vitesse to buy players and build a new training complex.
Jordania said in a statement Monday he has good contacts with major international clubs and “they will soon bear fruit” for Vitesse.
Financial details of the deal were not released.