Date: 17th December 2009 at 2:00pm
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Cardiff City’s previous appearance in court, described by Peter Ridsdale as an amicable discussion with the HMRC over unpaid tax bills has been officially resolved after the forms were stamped and papers formalised yesterday.

The Bluebirds have suffered a cash flow problem, on top of longstanding debt accrued during Sam Hammam’s turbulent tenureship. The agreement reached with HMRC is further good news to add to the recent contract signing with Langston to officially re-structure the debt and remove the threat of legal action.

These moves have allowed Malaysian property tycoon Dato Chan to join the board, possibly paving the way for Billionaire supremo Vincent Tan to look into a full takeover of the club.

 

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