Owner Vincent Tan pledges long term to Cardiff City

Vincent Tan

Cardiff City owner Vincent Tan has pledged to stay with the Premier League-bound club for the long term.

Tan was quoted in the Malaysia press as saying he would consider offers for the Welsh club.

But the Malaysian businessman is planning to stay long term and hopes to see Cardiff become an established Premier League club.

"God willing, I'd like to be here for the long haul," Tan told BBC World Service.

"I'd like to see this club stay in the Premier League and would like to manage it prudently [and] wisely.

"I think we have done that under our charge. I think we have done a much better job than all the previous management.

"We'll continue to manage it well, keep the finance in good shape so they don't get into trouble.

"We hope the club will be around for a long, long time in the Premier League."

The owner controversially announced the club's rebrand from blue to red in June 2012 but pledged to invest in the squad and training facilities.

Cardiff achieved promotion to the Premier League for the first time in their history with a 0-0 draw at home to Charlton before securing the Championship title.

Tan has already stated he is willing to offer Cardiff manager Malky Mackay a £25m transfer war chest to buy players for the first season in the Premier League.

But he added the club would not be spending recklessly in their bid to maintain their Premier League status beyond next season.

"I've been bitten by the football bug but at the end of the day we have to run this like a business so it can stay successful," Tan added.

"We cannot run it by simply spending money. If we don't manage it prudently then we'll be in trouble.

"We've seen some of the clubs that have been in trouble, Leeds United and Portsmouth. We don't want to be in that kind of situation.

"We try to keep the debts very, very low [and] if possible debt free. And make sure that we can stay in the Premier League for a long time."

Cardiff will return to English football's top flight for the first time in 51 years next season, where they will face Welsh rivals Swansea City.

And Tan says the aim next season will be Premier League survival.

"Of course I think the first season's goal is we want to stay up there. We do not want to be a one-season wonder," he said.

"I think the first season's goal is to be at least above the relegation zone. But we dream to be in a higher position if possible."

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