Peter Ridsdale says "The statement demonstrates that the stadium project is well on track and that the start is well within our sights. I now hope that everyone within Cardiff will embrace this news and demonstrate their support by backing the Club for the forthcoming season".
The statement says that the club will join a joint development company with Capital and Regional (Leckwith) which will have the sole purpose of delivering the stadium on time.
The article goes on to say
"As part of the development company, Capital and Regional (Leckwith) Limited will offer financial guarantees to ensure the delivery of the whole scheme.
"All three parties, the Council, Football ntinue work that is still outstanding to bring the scheme to an unconditional status and therefore allow building work to commence. Commencement of building on-site is still anticipated to begin this Autumn."