Vital Football

Latest Cardiff City News

Bye Bye Sam Hammam

Bye Bye Sam Hammam

Sam Hammam's tenure as Cardiff City Chairman is now officially over but the position he has left the club in is vastly different to when he took over. The eccentric Lebanese businessman took over at Cardiff in 2000 when the club were in the third division (now Coca-Cola league 2) and installed Bobby Gould as manager as well as providing immediate funds for team strengthening. The likes of Gabbidon and Spencer Prior were early signings of the Sam Hammam era and City were soon promoted. More signings followed including club record acquisitions of Graham Kavanagh (£1 million) and Peter Thorne (£1.7 million).

Not all signings prospered for City such as Michael Simpkins (£350k) and David Hughes (£500k) and City were labelled as big-spending but without the results to match. Managers came and went for City but when Lennie Lawrence succeeded Alan Cork he was able to take Cardiff into the Championship for the first time in many years.

It was then that the huge debt accrued by Sam and the board was revealed with staggering figures of £30 million being banded about in the press. Hammam was accused of gambling the clubs future for personal gain, and his 100% assurances that the 'Crown Jewels' would not be sold were broken as Earnshaw departed to West Brom to stave off administration. Hammam lost the faith and support of the City fans but refused to quit and has seemingly steering the club forward in a far more conservative manner.

The recruitment of Peter Ridsdale was crucial and subsequently led to Dave Jones' appointment as manager. City have recovered to an even financial footing and have become a well established Championship side with a small but talented squad and a proven and shrewd manager. The business plan for the new stadium is in place and that is down, in no small way, to the determination and dedication of Hammam. He has been instrumental in the stadium project and his long term ambition of securing Premiership football to Wales and Cardiff City. Comments that Cardiff were a 'bigger club than Barcelona' raised eyebrows but none so bushy as Hammam's and he was unwavering in his love for Cardiff City.

Hammam certainly made mistakes but few could doubt that he cares about the club and has transformed them during his reign. Sam has stepped aside now as he recognises that he no longer has the financial assets to realise his dream but has succeeded in making the club marketable enough and demonstrating the potential of the club so as others, who do have the money, are prepared to take a gamble. Sam has sold his 82% majority shareholding to a consortium of unknown investors (represented by Keith Harris, chairman of Seymour Pierce) which has agreed to clear half of Cardiff's £24m debt and secure a move to a new £35m all-seater stadium, key to the club's future and to keeping Dave Jones at the club.
Ex-Leeds Utd chairman Peter Ridsdale is the new Chairman and explained: 'It had to happen to fulfil our Premiership dream.'

Many many thanks to Sam Hammam, we owe him a lot and the progress made in just 6 years, while frustrating at times, has been fantastic. A hands-on chairman throughout he has given much to Cardiff City FC and set-up numerous meetings with the fans and sold his plans to them at every chance. He was also responsible for persuading several of out bigger name signings to join simply with his ambition and drive. Many many thanks Sam Hammam and we hope to see you down at Ninian Park, and the new stadium, in the future.

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football


Click here to join in the debate on the club forum.

Writer:Bluebirdshroom
Date:Monday January 15 2007
Time: 1:23PM

Best of Vital Network

Comments

0
look we all know sam hammam really made everyone angry when he demanded more money.... but whats wrong with us losing extra £500,000 sam has lost millions in the club....and those millions have made us what we are now and he could of been worse he could of left the club lose it all but he signed and left..... i take my hat off to sam hes made me and loads more proud and by him losing out for the sake of the club thats a true bluebird we can be proud of
bluebird04
15/01/2007 21:26:00
Page 1/1
  1. 1

Login to post a comment

Recent Cardiff City Articles

3 Points For Cardiff To Play For (30/4/16)

Cardiff City have only 3 points left to play for, but this year's battle for Championship promotion is over.

Stats: Sheff W v Cardiff

All the stats from Sheff W (3) vs (0) Cardiff, Hillsborough, 30/4/16 Att: 31,843

Sheffield Wednesday v Cardiff - Team Sheets

Sheffield Wednesday are at Hillsborough with Cardiff City the visitors today, this is a 3pm kick-off - the line-ups have been confirmed.

Cardiff - Premier League Free Transfers 2015/16

As the summer nears and contracts come to an end, should Cardiff be interested in any of the following free transfers?

Archived Vital Cardiff Articles

Vital Cardiff articles from

Site Journalists

Whittingham's Left Peg
no email
Profile

Current Poll (see more polls)

Sheff W MotM
Suggested By: Site Staff
Marshall0%
Peltier0%
Morrison0%
Connolly0%
Malone0%
Noone0%
O'Keefe0%
Dikgacoi0%
Whittingham0%
Pilkington0%
Zohore0%
Sub - Ameobi0%
Sub - Ecuele Manga0%
Sub - Harris0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Middlesbrough 45 26 10 9 88 32
2 Burnley 44 24 15 5 87 33
3 Brighton 44 24 15 5 87 30
4 Hull City 45 23 11 11 80 30
5 Derby County 44 21 14 9 77 24
6 Sheff Wed 45 19 17 9 74 22
7 Cardiff 45 17 16 12 67 5
8 Ipswich 45 17 15 13 66 1
9 Birmingham 45 16 14 15 62 4
10 Brentford 45 18 8 19 62 1
11 Preston 45 15 16 14 61 0
12 Leeds Utd 45 14 16 15 58 -8
13 Q.P.R. 44 13 18 13 57 0
14 Wolves 45 13 16 16 55 -6
15 Blackburn 45 12 16 17 52 -2
16 Reading 45 13 13 19 52 -5
17 Forest 45 12 16 17 52 -5
18 Bristol City 45 13 13 19 52 -16
19 Huddersfield 45 13 12 20 51 -7
20 Rotherham 45 13 10 22 49 -14
21 Fulham 45 11 15 19 48 -14
R Charlton 45 9 13 23 40 -37
R MK Dons 45 9 12 24 39 -29
R Bolton 45 5 15 25 30 -39
Latest F1 News
Latest Vital Boxing News

Recent Cardiff City Results (view all)

Cardiff City Fixtures (view all)

May 7 2016 12:30PM : Birmingham City (H)
Sky Bet Championship