Trust edge closer to EGM

Last updated : 23 January 2010 By Michael Morris
The Trust are keen to question the club on the off field financial problems that have seen threats of Cardiff City being wound up, a failure to bring in players despite urging fans to buy season tickets already and talk of several possible investors.

A statement on the Trust's website this week reads.

"In a telephone conversation with Cardiff City Supporters' Trust secretary Geraint Jones on Monday afternoon, Cardiff City Football Club (Holdings) Ltd secretary and board member Alan Whiteley verbally agreed to the Trust's recent request for a General Meeting of the company's shareholders.
"Mr Whiteley gave an undertaking to formally respond to the Trust's request in writing by the end of this week. A date for the General Meeting will be announced in due course."

Trust Chairman Paul Corkery explained to the Echo about the fans concerns.

"We take this verbal agreement by the club to hold a general meeting as a positive step," said Mr Corkrey.

"We were confident of enough shareholders agreeing to force a meeting, but that the club looks likely to accept our original request is something we most definitely welcome.

"There is no mischief-making or anything from our side, but given the current situation supporters are quite rightly concerned about the future of their football club.

"We want to use this meeting to give the club the chance to outline the current, short-term and long-term financial plans they have in place.

"You cannot have a business plan at Cardiff City based on things that might or might not happen.

"We want see a financial structure in place at Cardiff City which does not rely on takeovers of the club or getting promoted.

"You cannot run things like that.

"A general meeting would give the club the opportunity to outline their financial position and that would be in the best interests of the club itself. This is a good opportunity for the club.

"If we are shown finances are in order we will walk away from the meeting singing the praises of the club.

"But answers need to be given and we welcome the chance for those answers to be forthcoming."

The Trust are holding a quiz night this coming Friday, January 29th, at the Duke of Clarence Pub in Canton. Starting at 7:30pm all are welcome with entry just £2.50per person and upto 6 people in a team.

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