Vital Football

Latest Cardiff City News

Hammam To Blame For Cardiff Mess

Hammam To Blame For Cardiff Mess

The re-surfacing of Cardiff City's debt problems comes at a pretty poor time for the club.

The season began with expectations high at Ninian Park, some good signings and a full house at the opening game. We lost, showing the same problems that haunted us last season.


Now, the shadow of debt looms once more over the club. I cannot thatnk Mr Ridsdale enough for his speed and openness over the issue. There is obviously confusion, but in speaking so strongly and allowing official documents to be discussed - he has helped the siuation no end.


I can only assume that the current mess we are in, is down to Sam Hammam. He alone, knew the identity and arrangement with Langstons. No-one since has been able to discover their exact identity or motives and they appear now to be challenging the re-structuring of the loan notes.


Hammam showed some bitterness at being ousted from the club, he did a lot in his time here, but the club was 15 minutes from folding when he 'reluctantly agreed' to a saving package, including £300k over 3 years for himself.


The Langstons law suit is worrying, the two parties have very different views of the agreement in place. Hammam's secrecy has brought us another problem to be solved before the club can move onwards.


I may be naive, but I beleive Peter Ridsdale is the right man to sort this, and to have at the helm of the club. Funny how things change. Only time will tell...

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



Join the Vital Fantasy Football League - its Free!

Writer:Bluebirdshroom
Date:Thursday August 16 2007
Time: 11:05AM

Best of Vital Network

Comments

0
Once again Mr Grimsdale is at a club who suddenly have huge debt!
dazza71
16/08/2007 15:02:00
0
Which was there long before he came.....
Bonesy
16/08/2007 15:12:00
0
yet again...we get a big squad..some big names...and promotion is lookin alive..... but as always a big money problem comes along as soon as we think we are going to be ok. sam hammam made us. and he and him alone i think can save us, unless ridsdale can make £30million without damagin the club
bluebird04
17/08/2007 16:50:00
Page 1/1
  1. 1

Login to post a comment

Recent Cardiff City Articles

Who Will Cardiff City Face In 2016/17 (30/5/16)

All promotions and relegations for the season of 2015/16 have been confirmed, so the full make up of the Championship for 2016/17 is now known.

No More Quarter Final Replays For Cardiff

Should Cardiff City progress through to an FA Cup quarter final from the 2016/17 season onwards, the game will no longer be subject to a replay.

Cardiff's Parachute Payments In 2015/16

With the 2015-16 season behind us, the final television allocation money based on final league positions have been confirmed - and here's what Cardiff City...

Cardiff Confirm Shrewsbury Friendly

Cardiff City have today confirmed a pre season friendly against Shrewsbury Town this summer.

Archived Vital Cardiff Articles

Vital Cardiff articles from

Site Journalists

Whittingham's Left Peg
no email
Profile

Current Poll (see more polls)

Birmingham MotM
Suggested By: Site Staff
Marshall4%
Peltier0%
Connolly28%
Turner14%
Malone4%
Noone0%
O'Keefe0%
Whittingham4%
Lawrence0%
Pilkington28%
Immers4%
Sub - Zohore0%
Sub - Harris0%
Sub - Ecuele Manga14%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
C Burnley 46 26 15 5 93 37
P Middlesbrough 46 26 11 9 89 32
3 Brighton 46 24 17 5 89 30
4 Hull City 46 24 11 11 83 34
5 Derby County 46 21 15 10 78 23
6 Sheff Wed 46 19 17 10 74 21
7 Ipswich 46 18 15 13 69 2
8 Cardiff 46 17 17 12 68 5
9 Brentford 46 19 8 19 65 5
10 Birmingham 46 16 15 15 63 4
11 Preston 46 15 17 14 62 0
12 Q.P.R. 46 14 18 14 60 0
13 Leeds Utd 46 14 17 15 59 -8
14 Wolves 46 14 16 16 58 -5
15 Blackburn 46 13 16 17 55 0
16 Forest 46 13 16 17 55 -4
17 Reading 46 13 13 20 52 -7
18 Bristol City 46 13 13 20 52 -17
19 Huddersfield 46 13 12 21 51 -11
20 Fulham 46 12 15 19 51 -13
21 Rotherham 46 13 10 23 49 -18
R Charlton 46 9 13 24 40 -40
R MK Dons 46 9 12 25 39 -30
R Bolton 46 5 15 26 30 -40
Latest F1 News
Latest Vital Boxing News

Recent Cardiff City Results (view all)

Cardiff City Fixtures (view all)