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Cardiff City to sell land surrounding stadium
Bluebirds looking to ease financial worries…
24 Feb 2010 12:59:00
By Danny Hart
Cardiff City have been given the go-ahead by club shareholders to sell land surrounding their new stadium in an attempt to ease financial problems.
The Championship side are facing a winding-up order and are due back in the High Court on March 10 because payments owed to Her Majesty’s Revenue and Customs have not been paid.
The Bluebirds moved into the Cardiff City Stadium at the start of the season and the sale of land surrounding their new ground, which will be used to build a new sports complex, will hopefully boost the club’s finances.
A club spokesman said: "The resolution was passed at an extraordinary general meeting.
"The club has the approval of the shareholders to go ahead with the sale of some land."
The Championship side are facing a winding-up order and are due back in the High Court on March 10 because payments owed to Her Majesty’s Revenue and Customs have not been paid.
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The Bluebirds moved into the Cardiff City Stadium at the start of the season and the sale of land surrounding their new ground, which will be used to build a new sports complex, will hopefully boost the club’s finances.
A club spokesman said: "The resolution was passed at an extraordinary general meeting.
"The club has the approval of the shareholders to go ahead with the sale of some land."
| Sign up with 188BET for a FREE bet up to £25 – Great Prices, Every Game |
|
| Open an account with Sportingbet today and get up to £50 in free bets! |
|
| Sign up with William Hill for a free bet up to £25 |
|
| Sign up with bet365 for a free bet up to £200 |
|
| Sign up with Paddy Power - Bet £10, Get £20! |
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