ITV Wales reports this morning
"The owner of Cardiff City Football Club will be awarded an honorary degree from the University of South Wales today.
Vincent Tan is a Malaysian businessman who entered the Forbes billionaire list in 2010 with an estimated worth of $1.3billion. He's promised to spend £25million on players to keep Cardiff in the Premier League and has said he's committed to the club 'for the long haul'."
Source: Cardiff City Online