Cardiff City hold Langston debt meeting

Cardiff City say that they have held a "cordial" meeting with major creditors the Langston Corporation.

Club chairman Dato Chan Tien Ghee and director Alan Whiteley met with Langston representative Sam Hammam, the former Cardiff City owner.

Cardiff's current debt to Langston is understood to stand at close to £15m.

A statement released by Cardiff on the club's website said that "the position regarding the debt and our obligations remains the same".

Cardiff had previously agreed to begin paying off the Langston debt in monthly instalments, with the first payment scheduled for January 2010.

Last week Cardiff City said the club had also paid off a month of the £1.3m tax bill it owes to Her Majesty's Revenue and Customs.

However, the transfer embargo imposed by the Football League still remains as the club has yet to lodge year end accounts for May 2009.

At the start of July speculation in a local newspaper forced the Championship club to issue a statement denying any possibility that Hammam would make a shock return to the club.

Controversial businessman Hammam brought an end to his six-year tenure as Cardiff City chairman in October 2006 after agreeing to sell his majority shareholding, with former Leeds United chief Peter Ridsdale taking over the role at the south Wales club.

Since then Ridsdale has also left Cardiff following investment from a Malaysian-based consortium, with Chan becoming chairman and Gethin Jenkins appointed as chief executive to run the club on a day-to-day basis.