The club was in serious financial trouble in 2008 and in June 2014, its majority shareholder agreed to sell the club to Chinese-based United Vansen International Sports Company, Ltd. for a reported $8.9 million. The current ownership group has "promised to invest millions of euros" into the club. UVS was founded in 2008 and was responsible for organising the Beijing Olympic closing ceremony and football curtain-raisers attracting prominent football clubs such as Juventus, Milan, Internazionale, Napoli, Lazio, Tottenham Hotspur, West Ham United and Hull City.