Cardiff City AFC owner Vincent Tan says he is ‘days away’ from an agreement with creditors Langston which would result in the club becoming debt-free. The debt to Langston – whose spokesman is former Cardiff City owner Sam Hammam – was taken out in 2004, and is thought to be about £24m.
However, tensions remain between Tan and some fans over the change of the Bluebirds’ colours to red. Tan asked fans not to be ‘negative and disruptive’.
Cardiff City AFC owner Vincent Tan says he is ‘days away’ from an agreement with creditors Langston which would result in the club becoming debt-free. The debt to Langston – whose spokesman is former Cardiff City owner Sam Hammam – was taken out in 2004, and is thought to be about £24m.
However, tensions remain between Tan and some fans over the change of the Bluebirds’ colours to red. Tan asked fans not to be ‘negative and disruptive’.
He commented, ‘Yes, I am surprised there are fans against the colour. I’m actually quite disappointed with that. After all, for me to invest so much into the club that several times could have gone bust and had financial trouble and a big court case with the former owner….I was willing to invest and put in a lot of money.’
‘Combined with getting into the Premier League…we spent £15m last season to buy players and we went up. That’s how we got up. I’m disappointed that after 51 years of not being in the top-flight that there are still some fans who don’t think we have done a good job.’
Tan says he expects to remain at Cardiff for the short-term, but admitted he would sell up if the price is right. He added: ‘I would like to be here as long as I am very welcome. If too many fans show they are not welcome then maybe they have a new owner. But right now my experiences have been very good and been made to feel welcome. I would stay around for a while, unless they make me an offer that I can’t refuse.’