Cardiff avoid winding-up order

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Football News

Cardiff have avoided the threat of a winding-up order after a court hearing on Wednesday afternoon.

The Bluebirds owe an undisclosed debt to Her Majesty's Revenue and Customs but insist the payments are on schedule and that the club remains on a sound financial footing.

A statement on the club's official website read: "Cardiff City Football Club have a payment schedule in place with HRMC, and there is no prospect of the club being wound up."

It continued: "This payment schedule was agreed with HRMC some time ahead of the court hearing.

"Cardiff City have every confidence in their future financial stability and fully expect to be in a position to make further investment in its playing squad in the January transfer window."

The new comes on the same day the club appointed Malaysian tycoon Dato Chan Thien Ghee onto the board.

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