"As such, he [Tan] has stated that not a single penny will be made available in January," said Lim.
In a statement issued by the club, Lim said: "Tan Sri Vincent Tan was extremely upset to read quotes from the manager concerning the possibility of new recruits, before he had been informed whether funds would be made available.
"He believes that doing so unfairly raises supporter expectations, placing unnecessary pressure on the club.
"His view is that due to the funds already committed, including the originally-authorised summer transfer budget of £35m that rose to £50m in total, including add-ons, the manager has been fully supported.
Iwan RobertsFormer Wales & Norwich striker
"I'm flabbergasted. Just when you think it's all going quiet at Cardiff City, this comes out.
"What's he [Vincent Tan] extremely upset about?
"I really don't understand it. Cardiff had to spend a lot of money just to be competitive in this division."
"The overspending of £15m has upset Tan Sri greatly, resulting in the removal of Iain Moody as head of recruitment. As such, he has stated that not a single penny will be made available in January.
"Having been the highest-spending promoted club and the seventh-highest spender in the Premier League last summer, the owner believes that the manager has been given the best possible chance of retaining our Premier League status."
Iain Moody was replaced as head of recruitment in October by Kazakh Alisher Apsalyamov, who was at Cardiff on work experience before his appointment and has since been temporarily suspended in a query over his visa.
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