Eredivisie football club Roda JC has become the latest Dutch club to bring in a foreign shareholder.

Russian Swiss investor Alexei Korotaev intends to acquire a minority share in the Kerkrade club and has already committed funds to strengthen the roster in this transfer window, the club said in a statement.

The new co-owner plans to bring the club back to the sub-top of the Eredivisie. ‘Together with the fans, sponsors and the entire region, he wants to further develop the future of Roda JC,’ club director Wim Collard said.

Korotaev, who lives in Dubai, had a career in banking and international finance and now runs his own investment company. He has acquired his stake by buying some of the shares owned by multimillionaire Frits Schrouff, who rescued the club from bankruptcy in 2015.

Roda JC is not the only Limburg club with foreign shareholders. Last year, Jupiler League side Fortuna Sittard was taken over by Turkish investor Isitan Gun.

In the Eredivisie, ADO Den Haag and Vitesse both have foreign owners, although ADO has become embroiled in a legal battle with its Chinese owner Hui Wang.