Cardiff City Cleared By High Court

17 Dec 2009 | tshego
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Cardiff City has had a winding-up order against the Coca-Cola Championship club dismissed by London’s High Court.


Cardiff was taken to court three weeks ago by her Majesty’s Revenue & Customs over an undisclosed debt.


The club was given 70 days to pay it off after an agreement was reached between the two parties.


However Cardiff revealed that the debt has already been settled and the order was dismissed after a 30-second hearing.


‘We can confirm that the High Court today formally dismissed the winding up order that had previously been brought by HMRC,’ said a Cardiff City statement.


‘This was as a result of amicable discussions between the Club and HMRC. We are grateful for their co-operation and support.’


It is the second financial boost in less than a week for the Bluebirds who have reached a settlement with the Langston Corporation over a £15m debt.


The club say that agreement removes the threat of any further legal action in the ‘foreseeable future’.


Cardiff will begin paying the debt back to Langston, owned by former owner Sam Hammam, in monthly instalments, with the first payment scheduled for January 2010.


Last month Malaysian businessman Datuk Chan Tien Ghee joined the club’s board, bringing in hopes of fresh investment now the legal stand-off with Langston appears to have been solved.


Meanwhile Cardiff are hoping fans can help boost their coffers for the January transfer window and help their promotion push by buying a season ticket for next season by 31st December.


Then if the club wins promotion to the Premier League, the cost of the season ticket will be refunded meaning they can watch top-flight football for free.

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