Bluebirds takeover hope

Cardiff manager Dave Jones is optimistic about Malaysian consortium

PA Sport
Published 19/03/2010 16:58 by PA Sport, read by 44 people.

Cardiff manager Dave Jones is optimistic about the chances of a takeover from a Malaysian consortium that will save the cash-strapped Championship club.

Jones on Thursday joined members of the club's board in a successful meeting with representative Dato Chan Tien Ghee, who made an initial investment in the South Wales outfit back in November and subsequently became a director himself.

"They are keen," Jones told BBC Sport. "We've been talking about pre-season in Malaysia so I'd be very surprised if things don't go right."

He added: "We're waiting for the investment. Everyone is praying it all goes well and we can get things sorted."

City have until May 5 to come up with the remaining £1.9million of an unpaid tax bill and avoid a winding-up order.

An adjournment was granted last week after Cardiff claimed a third party investor would be providing the club with £6m in funds, with under pressure chairman Peter Ridsdale known to be pursuing external investment.

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