Debt heading in the right direction?

Last updated : 27 February 2006 By Michael Morris

Cardiff City today handed the final business plan for their new stadium to Cardiff County Council - and underlined the remarkable progress made over the last year.

The plan, backed by leading independent financial experts, forecasts that the Bluebirds will BREAK EVEN over the next year.

It outlines, in depth, how they have progressed from losses of up to £9m per year to a break-even situation through in-house management of wages and costs.

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