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Risdale warns of Cardiff City court case consequences
England - 06 March, 2008
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Welsh Cardiff City chairman Peter Risdale reiterated his earlier fear that, if the club loses its court case against Langston, it will enter administration.
The two sides are embroiled in a disagreement over loan payments. Cardiff City claims payment can be pushed until 2016. Langston, represented by former Cardiff City chairman Sam Hammam, claims payment is past due and all GBP 24 million must be paid immediately.
The hearing is scheduled for 10 March. Risdale said he hoped a settlement could be reached for court became an issue.
Risdale said the club still would move to its new stadium, even with administration.
The two sides are embroiled in a disagreement over loan payments. Cardiff City claims payment can be pushed until 2016. Langston, represented by former Cardiff City chairman Sam Hammam, claims payment is past due and all GBP 24 million must be paid immediately.
The hearing is scheduled for 10 March. Risdale said he hoped a settlement could be reached for court became an issue.
Risdale said the club still would move to its new stadium, even with administration.
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