Malaysian Dato' Chan Tien Ghee's involvement could be the start of a potential major investment into Cardiff City FC.
TG as he is known has been to a couple of City matches and Peter Ridsdale has made several trips to the Far East to try and secure investment into the Football Club.
Speaking on the official website Peter Ridsdale said
'The fact that TG has accepted this appointment demonstrates the confidence that exists that Cardiff City Football Club can, with the right level of additional investment, whether directly or through the broader global commercial opportunities, become an established top-flight football club."
Commenting on his appointment, Dato' Chan Tien Ghee said: "I am very proud and privileged to be joining the Board of Cardiff City at this time. Now that the infrastructure is in place, I believe that together with the existing Board I can help to provide Cardiff City with the additional resources it requires to achieve the ambition of attaining Premier League Football and of making Cardiff City a recognised household name across the Asian continent."
We now await to hear what sort of investment will follow. There is the issue of Sam Hammam and Langston to overcome with a substantial debt still owed. I understand the club have been in negotiations with Langston to come up with a settlement where initially there will be no court action regarding the debt and then a plan to pay it off.
The rumours previously suggest that the new investors would want to removed the spectre of Langston for good to be able to concentrate on moving Cardiff City forward.
Exciting times ahead or proplonged panic? What a bunch of mixed emotions. The claims we were a whisker away from being wound up, the counterclaims that says not to worry it's all in order and now a new far eastern member of the board who may be about to unlock aaccess to funds that could see us push on towards the Premier League.
