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Cardiff winding-up order adjourned

Pa
Wednesday 05 May 2010 12:54 BST
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Ridsdale is to stand down at the end of this month
Ridsdale is to stand down at the end of this month (GETTY IMAGES)

Cardiff will be given more time to pay off their £1.9million debt to HM Revenue and Customs after their case to avoid a winding-up order was adjourned for the fourth time.

A decision was taken at a High Court hearing this morning to adjourn the case by a further 42 days, meaning the Bluebirds will be due back in court on June 16.

The Coca-Cola Championship club, who face Leicester in the play-off semi-finals, recently confirmed new investment from a Malaysian consortium, with chairman Peter Ridsdale to stand down at the end of this month.

If Cardiff can win promotion to the Premier League via the play-offs, which will be decided before they are due back in court, it will put them in a much stronger financial position.

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