Cardiff City made a loss of nearly £29 million as it emerged from the COVID pandemic, official new figures show.
The club's financial situation has been laid bare after it recorded its most recent set of accounts, which show the Bluebirds' total debt stood at £123.4m for the year ending May 31, 2022, with the majority of this owed to owner Vincent Tan and his family.
The accounts show an operating loss for the year of £28.9m - up from £12.1m the previous year - with the club's balance sheet deficit soaring from £36m to £56m over the course of 12 months.
