The City Football Group remain in negotiations to secure around 50 per cent of KV Oostende, with the Belgian top flight club up for sale after club president Marc Coucke decided to switch his investment to Anderlecht.
The Manchester City-driven holding company had been linked with a takeover of second tier side AFC Tubize – where young winger Divine Naah has been loaned – but more recently Oostende have been reported to be the CFG’s club of interest in Belgium.
Since initial stories of that before Christmas, things have gone quiet, but an update from Het Belang van Limburg confirms that talks are still ongoing for a ‘complex’ sale.
The idea is for 50 per cent to be sold to the CFG, with local Flemish investors being sought to share the other half. One of the CFG’s desires is to keep sporting director Luc Devroe on board, but he is following Marc Coucke to Anderlecht, and Johan Plancke could be brought into a CFG-led Oostende as his replacement.
Despite the silence since Christmas, talks are reportedly ‘progressing’ and Coucke wants a quick solution. If all goes well, KV Oostende could become the next addition to the City Football Group in the near future.
Oostende would join the likes of New York City, Melbourne City, Yokohama F Marinos, Girona FC and Club Atlético Torque in the expanding, unprecedented network of clubs.
City see a partner in Ostend where they can send (mainly) foreign talents in bulk, particularly ones who are ineligible for work permits in the UK. Cercle Brugge struck a similar partnership with Ligue 1 side AS Monaco last year.
Players who have not yet reached the top would be given a competitive environment of a slightly lower level than some leagues to develop in, facing the likes of Anderlecht and Club Brugge.
Ohh Kevin De Bruyne! KDB is staying at Man City until 2023 – to celebrate the City Store have released a new KDB Initial T-Shirt!