Cardiff make half of payment, Palace out of admin

Last updated : 24 August 2010 By Luke Thornhill

Bellamy's arrival on loan from Manchester City earlier this week prompted massive interest from Cardiff fans, with an increase in merchandise and ticket sales.

It also prompted questions from the Football League, who wanted to know how a club who were under a transfer embargo until earlier this month because of unpaid debts are able to afford the wages he is receiving.

Motherwell, the Scottish Premier League club who sold right-back Peter Quinn to Cardiff last summer, were angered at Cardiff's spending on players while missing payments to them. Well had taken legal action without response from Cardiff.

Gethin Jenkins, the Cardiff chief executive, has now said half the payment has been made and that the rest of the money will be paid in a week.

"As a result of the increased cash flow with the interest since Craig Bellamy's arrival we have now paid half of the money owed to Motherwell, a club who themselves were in administration, and we have given our word that the remainder will be paid within the seven-day commitment we have made," he told Cardiff's official website.

"We believe the business and sporting case for signing Craig Bellamy more than stacks up, especially with increased ticket, hospitality and retail sales which is already helping the cash flow of the business. We are confident that any other club in the Championship presented with a similar opportunity would have done the same".

Bellamy is expected to make his debut for the Bluebirds at home to Doncaster Rovers on Saturday.

Crystal Palace have come out of administration and are able to sign players again - with the former Holland international Edgar Davids their first addition.

The Eagles are now owned by CPFC Ltd. a group led by Steve Parish and Martin Long, rather than Crystal Palace FC (2000).

It removes the prospect of the club being docked any further points this season due to their financial problems.

Palace went into administration with debts of £30million and were deducted 10 points by the Football League.

David signed for the Eagles on Friday, agreeing a pay-as-you-play contract.

"It's an exciting time for the football club, and it is an exciting time for me. I just want to enjoy football and show what I can do," he said.