British businessman buys FC Midtjylland

The club has purchased all of the transfer rights to its players back from player investment companies

Hugger's promising career ended in 2009 when he endured a serious eye injury (photo: iStock)
July 2nd, 2014 1:56 pm| by admin
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The rather dire financial situation of Superliga club FC Midtjylland has taken a significant turn for the better following the news that the British investor Matthew Benham has become the new majority shareholder today.

Benham also owns the English football club Brentford – which just won promotion to the Championship – and has injected 58 million kroner into the club’s coffers as part of his takeover. He now owns 60 percent of the club.

“FC Midtjylland has what it takes to be a successful top club,” Benham said in a FCM press release.

“An impressive talent department, leadership that is driven by a passion for the game and club, and finally the club is deeply rooted to the region.”

READ MORE: Danish football association approves of new UEFA tournament

Players' rights returned
Because of financial issues, FCM has long been forced to sell key players and talents such as Simon Kjær, Viktor Fischer and Lasse Vigen Christensen in order to stay afloat, but that’s about to change, according to Benham.

Since the club announced Benham’s arrival, it has already purchased all of the transfer rights to its players back from player investment companies, including those of Petter Andersson, Erik Sviatchenko, Sylvester Igboun, Rilwan Hassan, Izunna Uzochukwu and Patrick Banggaard.

Looking ahead to 2020, Benham has set FCM a target of qualifying for the group stage of the Champions League or Europa League in at least three out of the next six seasons.

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