Kortrijk have seen another takeover fail as Burnley’s proposed purchase of the club has collapsed. According to Het Nieuwsblad, the potential of interference from the city government may have worried the potential investors. Now, it appears that Vincent Tan is reliant on local businesses forming a collective group to take the club out of his hands. However, it is unlikely he will be able to receive the same amounts of money from that sale as he would have from the likes of Burnley.
There had been every indication in recent weeks that the takeover would go ahead. Members of the Premier League club had been seen at the stadium, while the transfers pursued appeared to be at the behest of the Lancashire side, such as a Marco Kana from Anderlecht. However, Kortrijk have now suffered a second set back after the Kaminski Group’s attempted takeover earlier in the summer collapsed in dramatic fashion.
The side were also dealt a blow on the pitch, with new signing Craig Cathcart set to retire from professional football just 15 days after joining the side. The player had not made an appearance yet as he was waiting for a visa.
