A demand that Cardiff City F.C. pay up an alleged 30 million pound debt immediately has been thrown out by the High Court.
The claim by Swiss-based investment company Langston Corporation will now go to a full trial at a later date.
The Bluebirds - who next month meet Barnsley in the semi-final of the F.A. Cup - have said having to pay up would put them into administration.
Administration would trigger an automatic 10-point deduction by the Football League that would move City to the relegation zone.
The club say the debt was arranged by a previous management and is not due to be paid until 2016.
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Showing posts with label Bluebirds reprieved in debt battle. Show all posts
Showing posts with label Bluebirds reprieved in debt battle. Show all posts
Sunday, 23 March 2008
Posted by Debtsgone LTD at Sunday, March 23, 2008 0 comments
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