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Thursday, 11 March 2010

Silent from the club

Is it our club or not the club were in court fighting for its survival but the people in change has stayed silent. Not even an official statement of the club website with Chairman Peter Ridsdale tell us how he saved us again cannot be seen. He was at the court yesterday and true to form, he left the building without comment. However the board and Ridsdale are “delighted” with the 56-day adjournment they are confident they can pay the £1.9m with the time limit if they do not the club WILL get a wind-up order.

Most fans are think more along the line of administration than Ridsdale coming to the rescue with the betting along the line of we kick-off next season with a -10 points start and with a team made up of freebie players from the lower division or Scotland and without manager Dave Jones and no investment. Who would want to invest in this club when any money from transfer would go straight to paying debts?

The court were told that the club have players worth £30m now that is a joke, every manager in the league will know come the summer the club will have to sell with no money coming in and the club will be in no position to play hardball over fees.

We need a total buy-out, there is money out there, but for some reason Cardiff just are not attracting it. I believe any serious interest would be waiting to see if the club go into administration, why by now when you could buy cheaper later. What as happen to Keith Harris, "football's favourite financier" he was brought into Cardiff as a non-executive director of Cardiff City came to help find investment and people interested in purchasing a football club. He seems to be spent all his time and energies trying to buy Manchester United with his ‘Red Knights’ group.

This £6m possible investment thrown to the court yesterday was a bit of a surprise but talk of money coming in is what got the club into this position in the first place. These Malaysians have being pulling on the club cord for far too long if true all the club has seen so far is £500,000 that bought Malaysian businessman Datuk Chan Tien Ghee a place on the board. Nevertheless, talk of investment has been in the air since the summer and it never leads anywhere but to more disappointment.

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