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Sunday, 11 April 2010

Hammam to sell shares??

Believe it or not because this story is from the News of the World, Sam Hammam is to cut his final links to Cardiff City. The former chairman Hammam still has 1,856,250 in shares with the club and according to the Sunday paper Dato Chan Tien Ghee (TG) and his Malaysian backers are to buy up his shares.

What will also bring a smile to the Bluebirds fans if true the Malaysians have also agreed to settle the Langston debt? Cardiff had set up a payment plan with Langston to replay the £10m debt. A source close to the ex-chairman to the paper, “Sam is more than happy to sell Langston’s share to TG.
“He believes the Malaysians are the right people to take the club forward.”

Some good news about the repayment of the debt to the taxman would be welcome to the court date getting closer and choser (May 5). Hammam is linked with a return to the UK at the end of the month for talks with the Malaysians.
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