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CCFC fans express administration fears

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Supporters of Cardiff City Football Club (CCFC) have raised concerns that the club could be on the verge of administration if new investment is not found by the end of March.

In a statement, Cardiff City Supporters Club (CCSC) and Cardiff City Supporters Trust (CCST) called on majority shareholder PMG to "set aside personal interests" in order to safeguard the club's future. It comes as Malaysia-based businessman Dato Chan Tien Ghee met with CCFC officials to discuss possible further investment, which could be secured by the end of April.

A spokesperson for CCSC and CCST said: "The men who appear to hold the key to the football club's future are Cardiff-based property developers Paul Guy and Mike Hall. "Their company, PMG, is the club's biggest shareholder and also its largest secured creditor. Consequently, they are certain to be central to any takeover negotiations."

Meanwhile, Forest Green Rovers Football Club (FGRFC) chair Trevor Horsley revealed that the Blue Square Premier club is in financial difficulties and could face legal proceedings from HM Revenue and Customs (HMRC). Horsley told BBC Gloucestershire: "We need to find £200,000 to £300,000. We need about £100,000 immediately for the Revenue and wages and the other £200,000 by the middle of the summer for the other creditors."

Supporters of Cambridge United Football Club (CUFC) have raised around £1.1m to help the club buy back its Abbey Stadium back from owner Bideawhile under a pre-exemption clause in the current lease agreement. Although Bideawhile has agreed a deal to sell the venue to Grosvenor Developments, the clause allows the club to buy back the ground if it can secure an initial deposit of £315,000 and guaranteed funding of £3.15m within a matter of days.

CUFC fans elected director Colin Proctor said: "It is important that potential investors are aware that we are offering an opportunity to invest in a football stadium and the land upon which it sits." The Football Conference has revealed that 10 Blue Square Premier clubs have appealed against a decision to expunge the records of Chester City Football Club, following its expulsion.

Meanwhile, a bid to acquire Scottish League Second Division club Stirling Albion Football Club has collapsed after sports surgeon Gordon Mackay walked away from the deal. Mackay told the BBC: "My ambition to acquire the football club has been thwarted by the issue of rent arrears, which is at the centre of February's revived court action between stadium landlords Stirling Council and the club."

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Supporters of Cardiff City Football Club (CCFC) have raised concerns that the club could be on the verge of administration if new investment is not found by the end of March.
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