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Cardiff City FC clear long-standing Langston debt

23 July 2013 Last updated at 21:47 BST

Cardiff City FC has reached a deal over its long-standing debt with Langston, club owner Vincent Tan has said.

The debt to Langston - whose spokesman is former Cardiff City owner Sam Hammam - was taken out in 2004, and is thought to be about £24m.

Mr Tan has previously said an agreement with Langston would pave the way to the club becoming debt-free.

Cardiff City Supporters Trust said not all fans would be happy Mr Hammam was made honorary president in the deal.

BBC Wales' business correspondent, Nick Servini, reports.

Cardiff City clear long-running debt

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