Majid Pushyar has succeeded in his second attempt to become president of Geneva based Servette football club. The board rejected his candidacy three months ago.
The new president, who replaces Francisco Vinas, has expressed willingness to invest in the club.
In an interview with the Tribune de Genève newspaper, the Iranian businessman said his aim was to return the club to the first division.
"I want and strong and serious club. That presupposes a solid economic position, players of quality and professionalism at all levels," he said.
Refusing to be drawn on how much he was prepared to invest, Pushyar said he would do the necessary for Servette. "We will carry out an audit in all areas of the club to define the needs exactly."
Servette has been beset with problems this decade and currently plays its second division home games in front of an average of 1,000 spectators in a stadium with capacity for 30,000.
Earlier this month former club president Marc Roger was found guilty of mismanagement and falsifying records in connection with the club's bankruptcy in 2005.
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