Philippines Inc. Football Cardiff City In May 2010, Tan became the owner of Cardiff City after a consortium of Malaysian investors (led by Dato Chan Tien Ghee) bought 30% of the club's shares. In May 2012, the consortium said they would invest £100 million to increase the stadium's capacity and build a new training ground, providing they were given permission to rebrand the club from blue to red. The plans sparked outrage among Cardiff supporters, who quickly organised an emergency meeting to discuss how they would respond to the proposal. The plans were subsequently dropped. One month later, the club went ahead with the rebranding, to expand Cardiff's appeal in foreign markets. Cardiff's badge was redesigned to include a red dragon, while their home kit was changed from blue to red. The club's £30 million debt to the Langston Corporation was also cleared. In April 2013, following Cardiff's promotion to the Premier League, Tan promised to spend £25 million to help Cardiff establish themselves in the top flight, and publicly stated his interest in listing his 36.1% stake on the Kuala Lumpur Stock Exchange (KLSE). An initial public offering (IPO) would sell shares in the club to the public for the first time, in an attempt to gain capital to expand the business. In October 2013, Tan created more controversy after suspending Iain Moody, the club's head of recruitment, who had apparently overspent by £15 million during the summer transfer window. Moody was initially added to the backroom staff by then manager Malky Mackay, and helped Cardiff sign several players ahead of their inaugural Premier League campaign. He was replaced by Alisher Apsalyamovby, a 23-year-old Kazakh who was previously on work experience with the club and is a friend of Tan's son. A few months later, following an investigation over Apsalyamovby's visa, he was forced to leave the club. Despite going over budget during the summer, Mackay publicly stated his plans to boost his squad during the January transfer window, which upset Tan, who said that no money would be made available. Mackay said he would not resign following Tan's criticism, and was subsequently backed by Cardiff fans. Towards the end of December, Tan told Mackay to resign or be sacked. He managed two more games before being sacked. After his sacking, it was alleged that Mackay had sent texts of an anti-Chinese nature, which was defended by Dave Whelan,