Messageboards and forums have gone into overload about the precarious state of Cardiff City's finances in recent days, some wild gossip suggesting a meltdown was imminent, speculation that the potential Malaysian investment was in jeopardy and that Sam Hammam is stalling on a deal to restructure the debts owed to him ... sorry Langston Corporation.
Oh yes, it's been a barrel of fun but the question is, is there fire to go with the smoke.
In separate meetings today, the answer from Peter Ridsdale is yes to a point but not really.
This afternoon, he met Cardiff City Supporters Trust and tonight, he was studio guest on the Cardiff City phone-in and his polished politician style message was the same both times.
Yes;
- Cashflow is a problem at Cardiff City but it laywas has been in his time and now is no worse at all.
- Hammam did stll returning papers and being in contact with the club but they have now resumed in the past couple of days to the extent that Peter Ridsdale believes the paperwork could be concluded and signed off by this weekend.
- With these matters resolved, new investement and changes could quickly roll in. Publicity Pete confirmed he is in discussions with two potential investors and believes they could reach fruition quite quickly.
Hopefully they will allay recent fears but clearly, these problems have prevented Cardiff City getting new loan players to cover the loss of Steve McPhail or a further striker behind Jay Bothroyd so these matters cannot be concluded quickly enough.
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