As reported by Het Nieuwsblad, Kortrijk owner Vincent Tan is close to selling the club. Recently, chairman Ronny Verhelst and general manager Matthias Leterme announced their resignation after they were dissatisfied with the lack of interest from owner Tan. The Cardiff owner has reduced investment in the club as he looks to sell. Club CEO Ken Choo has looked to reassure fans that everything is under control. Choo said ‘I can reassure everyone: everything will be fine…In the near future I will return to Belgium and I will clarify‘.
Burnley and Bournemouth owners were reportedly interested in acquiring the club in the past few months, however they were put off by the price that Tan requested for the sale. The club avoided relegation, thanks to the appointment of Bernd Storck midway through the season. Despite his desire to stay, the German ultimately left the club due to the lack of planned investment from Tan.
Clearly, a new ownership is required if Kortrijk are to avoid a repeat of this season. Key players such as Faiz Selemani and Algerian international Abdelkahar Kadri are attracting interest from elsewhere, and will likely move on. Replacing them will be crucial for Kortrijk to have a successful 2023/2024 campaign.