Russian billionaire Alexander Tsjigirinski has completed the takeover of Dutch outfit Vitesse Arnhem.
Tsjigirinski bought the club from Georgian investor Merab Jordania, who revealed that he was happy to sell.
"When I bought the Vitesse shares I already stated that Alexander Tsjigirinski was supporting me and my plans with the club," he said.
"Now Vitesse have made some necessary steps for a bright future I feel it was the right moment to move on the shares to him.
"I will be available for Vitesse and Alexander to advise them in the future."