Wednesday Mar 05 2008 07:35
Cardiff City chairman Peter Ridsdale has admitted that his club could be forced into administration if they lose an upcoming court case.
The Bluebirds will go o the High Court on March 10, with the club's main creditors asking for the immediate repayment of around £24million.
Ridsdale hopes to prove that the money is not payable for another eight years, but remains realistic if the outcome goes against him.
He told Sky Sports News: "I'm hoping that, even at this late hour, we end up not going to court.
"I hope that we can resolve things around a table because it must be in everybody's interests - both those people to whom we owe money and, of course, ourselves - that this is resolved without damaging the club any further.
"In terms of administration, that's something the directors would have to decide if we lost the court case, based on what the creditors' reaction was to the debt that we owed under those circumstances."
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