In 1993 Sergei Belov purchased KSK Vigri to establish FC Tevalte - Estonia’s first ever privately held professional football club.

Additionally, Tevalte brought in three former USSR champions with FC Zenit Saint Petersburg: Mikhail Biryukov, Sergey Kuznetsov, Vladimir Dolgopolov, the future Meistriliiga all-time top scorer Maksim Gruznov.

Following the 1994-95 season, UEFA overturned Estonian FA decision to ban FC Tevalte and the club was reinstated in Meistriliiga due to insufficient evidence supporting the match-fixing allegations.

Despite operating on a significantly smaller budget than rivals FC Flora, Lantana confirmed qualifying for European competitions would be their ultimate goal for the 1998 transitional Meistriliiga season.

Lack of sponsorship financing and decrease in UEFA payouts resulted in significant budget shortages for the club following the 1998 season and saw Lantana finish in 6th place, just three points above the relegation zone in 1999.

In UEFA cup, where Lantana qualified through their 3rd place finish a season earlier, the team suffered a 9-2 aggregate defeat from Torpedo Kutaisi.

[13] His father, Anatoli Belov, who acted as a manager for FC Lantana throughout most of the club's history, concentrated on coaching his younger son Aleksei.