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Wednesday, August 04, 2010
Positive News from Cardiff City at last ???
The sound bites are encouraging that, finally, Cardiff City are making moves to lift the transfer embargo which is in place due to outstanding debts.
The embargo has crippled City pre-season and badly unsettled fans and players alike. New faces Tom Heaton and Danny Drinkwater haven't been able to complete registrations and cannot play competitive football until the embargo is removed, current players cannot sign new contracts and Dave Jones is helpess to bring in badly needed extra personnel for his squad.
However the Malaysians yet again appear to be dipping their hands in their pockets when other won't and have removed one of the three hurdles causing the embargo by paying off players who left the club this summer, many owed one month's pay.
City now have to settle a £1.3M tax bill and pay Charlton £500,000 balance owed for the OTT fee for Captain Mark Hudson. However it appears this could all be concluded in the next couple of days. If it is, the lift it will give the club would be enormous. Here's hoping then.
Labels:
CARDIFF CITY,
NEWS
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