Agreement reached with Langston/Hammam?

CoymaySpeaking as someone who has occasionally mistakenly believed messageboard gossip to be fact, it is tempting to take the messages that appeared on the Cardiff City.com board yesterday announcing that a deal had been agreed in talks between Peter Ridsdale and Sam Hammam regarding the Langston loan note debt with a large pinch of salt. However, this time the rumours have a whiff of authenticity about them as at least one of the two people making the claims is in pretty regular contact with our current Chairman and our former owner.

So, whilst recognising that there is a fair chance that some people (including myself!) are going to look pretty stupid in a week or so’s time if there isn’t the predicted announcement this week regarding the clearing of the Langston debt, I am going to have a good speculate as to what this could mean to Cardiff City.

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The Langston loan note debt was originally for £24 million but interest (at I believe 7%) has been accruing on it since 2007. However, £9 million of that figure would be wiped off straight away if a sponsor for the new ground was found (even if the fee involved in the sponsorship deal was less than £9 million) and the rest of the debt is due to be paid off by various receipts from things such as the Premier seating scheme (it’s pretty certain therefore that the current figure raised in this respect is nowhere near as high as both parties were anticipating) and a further £5 million in the event of us being promoted to the Premiership.

That being the case, you would think that any settlement of the debt would include confirmation of a ground sponsor being found for the club and also news of an investment from an outside party (almost certainly the Malaysian sources that have been represented by Dato Chan Tien Ghee).

One of the people claiming that an agreement has been reached has said that the financial settlement was below the figure currently owed to Langston and my guess would be that, if an agreement has indeed been reached, he is right in saying that.

Given that Peter Ridsdale has said recently that the Langston loan note debt is the biggest single impediment to attracting new investment into the club, then this has to be good news for Cardiff City doesn’t it?  On the face of it, that may seem like an idiotic question but there are two things to be borne in mind here;

1. Almost all investment into football clubs these days is in the form of a loan, so if someone has come up with the cash to pay Langston/Hammam off, the likelihood is that the club will have to pay back the full sum (plus interest) – we could just be replacing one debt with another, hopefully smaller, one.

2. There have been pretty persistent rumours doing the rounds recently that Peter Ridsdale has been offered a bonus by Langston/Hammam dependant on the loan note debt being cleared – there has to be a possibility therefore, that any resolution might be good for our Chairman and Langston/Hammam but not so good for the football club.

PeterRidsdale_2323129I would have to say though that even if any settling of the Langston loan note debt doesn’t turn out to be quite the fillip for the club that it would appear to be at first glance, surely it would still leave it in a position where it had more time to pay back any new investor than the current settlement date of no later than 2016 for the Langston debt?

On balance, I think the best way of looking at this situation is to ask yourself if you want the current rumours to turn out to be true or whether you would prefer things to keep on going as they have been. In these sort of positions, I normally preface what I say with the “I can’t speak for others”, but I am pretty sure that the overwhelming majority of City fans would answer option 1 when asked that question – I know I would.


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Under 21s show the seniors the way yet again.

CoymayThirty five minutes into yesterday’s game I thought Wales were on to a winner, their pace and movement up front was causing Finland all sorts of problems and, they were beginning to get a foothold in the middle of the park- by the time the final whistle went though Wales were a well beaten team after a dismal second half performance that had to have even those still supportive of John Toshack questioning whether any progress has been made at all in the past thirteen months.

For me two things in particular meant yesterday’s match made for miserable viewing. I’ve touched on the first already because Wales contrived to lose a game that was there for the winning – they had shown how Finland could be beaten but then either forgot how they were doing that or, more likely, were not good enough to keep on doing what they had been.

Secondly, they started the game as if they had not learned a single thing from the first match at the Millennium Stadium when they constantly allowed the ageing but still very gifted Jari Litmanen to play in the hole between defence and midfield with little or no attention being paid to him. Completely predictably, it took Finland less than five minutes to exploit this as they scored a goal which owed as much to poor defending as it did to any creativity.

Finally after going 1-0 down, Wales did something about the Litmanen situation as James Collins began to step out from his defensive role and patrol the area in front of the central defenders that had proved so fruitful for Finland. Surely though, it would have made more sense to have used Ashley Williams, who has been playing in midfield lately for Swansea as a holding player with responsibility for that area from the start – especially when you consider that the 34 year old Jonatan Johansson (who is currently without a club) was Finland’s only genuine striker, did we really need to start with three centre backs marking him?

Questions have to be asked as well as to what Aaron Ramsey’s role was in the team. Maybe he was meant to be the deep lying midfield player with responsibility for looking after the area Litmanen likes to occupy – this would at least explain Ramsey’s curious positioning throughout the game. When you consider that we had a back five already, is it really making the best use of Ramsey’s precocious talent to have him playing as if he had been given orders not to cross the half way line?

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Whatever Ramsey’s role was, there is no doubt that he was nowhere near his best throughout the game. Even when Wales were going through their good spell, Ramsey didn’t feature too much. The same can be said of David Edwards who, for a player who has been a regular Premiership starter this season, still has a very poor first touch and, though his ability to get forward in support of the strikers is a definite plus point, it is rather negated when it comes with the sort of finishing which has seen him miss very important one on ones with the keeper in his last two international games. No, if Wales were getting on top in midfield in the first half, it was down to the efforts of the unsung David Vaughan (who, sadly, faded after a very good opening forty five minutes) and the wing backs rather than the two Premiership players we had in central midfield.

The second half offered very little in the way of encouragement and while it’s true that the lack of midfield options on the bench in particular made life hard for Toshack, that doesn’t excuse the poor performances in the second forty five minutes from the likes of Bellamy and Collins who really needed to have big games if Wales were to get the win that they needed to keep their chances of finishing third alive.

The Welsh performance was almost as poor as the one in the first game with Finland in the Millennium Stadium. Trying to look for positives is hard, but Wayne Hennessey did make a brilliant second half save from sub Hamalainen, I’ve already mentioned Vaughan and Gareth Bale did look good going forward at times – I also like the intelligence of Simon Church’s play. However, the realistic challenge of this qualifying campaign was to push Finland hard for that third place and Wales have failed miserably in that respect. In mitigation, it has to be admitted that John Toshack has never been able to put out anything like what he would consider his strongest team over the past thirteen months, but let’s not forget either that, despite all the injuries, Toshack was telling us before yesterday’s game that this was the starting eleven that he had wanted all along.

Craig Bellamy was right – the current Finnish team is nothing special, but they still proved much too good for us on the two occasions we met them and, even if we manage to win on Wednesday, the qualification campaign for World Cup 2010 can only be viewed as another Welsh failure.

_46527527_wales_celeb_paBy complete contrast, Wales’ Under 21s continue on their winning ways. Okay, yesterday’s 2-0 win over Bosnia did not see a performance anywhere near as good as last months against Italy and there was little in the way of entertainment It really goes to show though how far the youngsters have come under Brian Flynn (who fully deserves the two year contract extension he signed last week) when you can carp on about poor performances and lack of entertainment only because it so unusual when it comes to watching a Wales Under 21 game these days!

It is only a few short years ago that even a 0-0 home draw with Bosnia at Under 21 level would have been greeted as some sort of triumph because we really were pretty bad in the ten years either side of the Millennium. However now we have a new group of youngsters who are showing that the brilliant qualification campaign of 2007/08 was no one off fluke.

I must admit that when I compared the starting line up yesterday with the one which faced Italy, I feared that we might see a disappointing outcome to the game and, in a first half which saw Wales create very little against efficient and capable opponents who were concentrating very much on keeping a clean sheet, it looked like I might be right.

However,the second half  saw the game open out a bit and, although there was an element of luck about both goals as one was offside and the other got a deflection, Wales still found a way to chisel out the three points and it is a measure of the respect in which they are now held, that Bosnia came with such a negative game plan.

That Wales were able to do this was in a big way down to the efforts of Ched Evans who appears at the moment to have fallen behind Sam Vokes and Simon Church in the pecking order for the senior side. Here though he showed the sort of finishing, for his first goal in particular, which made him look such a great prospect a couple of years ago (I think his second goal may have gone in without the deflection as well).

There weren’t too many other stand out players for Wales yesterday because it wasn’t that sort of game, but Andy King did some good things in midfield and Christian Ribiero again looked a good prospect. As for the City contingent, both Aaron Morris and Darcy Blake were solid rather than spectacular and they showed their versatility by switching their positions between right back and centre back. Although Darcy has not been able to force his way into the City squad s much as he would like, I would say that he deserves his call up into the full squad solely on the grounds of his performances for the Under 21’s – I hope he gets that first full cap on Wednesday (I suspect he won’t though).


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