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Business News

Cardiff City eyes a listing in the Far East

City stalwart Mehmet Dalman has held talks with investment bankers about a possible stock market listing of Cardiff City, the Premier League football club he chairs.

Mr Dalman is widely known across the square mile and was until recently chairman of the controversial mining group ENRC. He joined Cardiff City last month and is exploring options for the club, which is backed by the billionaire Vincent Tan. Although the plans are at an early stage it is understood that options being considered include listing in Hong Kong or Kuala Lumpur in Mr Tan's native Malaysia.

He wants to promote the club's interests in the fast-growing region and has already changed its home strip to red and incorporated a red dragon on the club's badge for marketing purposes. Mr Dalman and Cardiff City declined to comment.