U-turn in Kortrijk: Kaminski Group to pull out of purchase despite being presented as new owners

The situation in Kortrijk is becoming farcical. HLN are reporting that the Kaminski Group, which was presented to the press as the new owners of the club, are pulling out of the deal. They had agreed a purchase of the club with Vincent Tan for €17m. However, none of the money had been forthcoming, with Tan than issuing a statement saying that the new owners had until the 6th of July to make a payment. Now, the Belgian paper is reporting that the Kaminski Group has no desire to make a payment and will pull-out of the deal. Tan is likely to claim for damages.

This is the second time that the group have pulled out after purchasing a side, with Greek club Panetolikos suffering the same bizarre situation.

Kaminski beat the likes of Burnley to purchasing the club, but their withdrawal leaves the side in a difficult position. They did manage to appoint a new head coach in Ed Still, but currently there are just 15 players on the books who have first team experience. They barely avoided relegation last season, with the 2023/2024 season shaping up to be equally as difficult for the club.

GBeNeFN | Ben Jackson

More European Football News