Malaysian investment earns promotion-chasing Cardiff reprieve


LONDON: Promotion-chasing Cardiff were on Wednesday given a six-week reprieve over the payment of £1.9mil the club owe to Britain’s tax authorities to allow a proposed cash injection from a Malaysian consortium to be finalised.

The cash-strapped Second Division club, who have reached the play-offs for a place in the Premier League, avoided the implementation of a winding-up order at the High Court after presenting evidence that the club would be receiving £6mil before the end of the month.

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