Cardiff City Football Club is close to completing a “drastic” financial restructuring that will secure the Bluebirds’ long-term survival and underpin the club’s push to bring Premiership football to Wales.
The proposals include a £53m stadium development and a debt-for-equity swap that would see existing shareholders, including Sam Hammam, heavily diluted.
References: Financial Times 02/12/06 page 18
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
