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The Malaysian was recently quoted as being willing to listen to offers for the Welsh side but is adamant that he wants to establish them as a Premier League club

Cardiff City owner Vincent Tan has pledged to stay at the newly promoted Premier League club, distancing himself from claims that he is looking to sell.

Malaysian press had reported that the Bluebirds supremo was willing to listen to offers for the Welsh club but he insists that he is not going anywhere.

"God willing, I'd like to be here for the long haul," Tan told BBC World Service. "I'd like to see this club stay in the Premier League and would like to manage it prudently [and] wisely.

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"I think we have done that under our charge. I think we have done a much better job than all the previous management.

"We'll continue to manage it well, keep the finance in good shape so they don't get into trouble. We hope the club will be around for a long, long time in the Premier League."

The 61-year-old has had a controversial stint in charge of the club after rebranding their home colours from blue to red but he pledged to invest in the squad and training facilities to achieve promotion.

With the Championship title now secured, Tan has stated that he is willing to invest up to £25 million in transfer funds for manager Malky Mackay.

"I've been bitten by the football bug but at the end of the day we have to run this like a business so it can stay successful," he added. "We cannot run it by simply spending money. If we don't manage it prudently then we'll be in trouble.

"We've seen some of the clubs that have been in trouble, Leeds United and Portsmouth. We don't want to be in that kind of situation. We try to keep the debts very, very low [and], if possible, debt-free and make sure that we can stay in the Premier League for a long time."

Not looking too far ahead of themselves, Tan says that Cardiff's first priority next season will be Premier League survival.

"Of course I think the first season's goal is we want to stay up there. We do not want to be a one-season wonder," he warned. "I think the first season's goal is to be at least above the relegation zone but we dream to be in a higher position if possible."

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