Glamorgan cricket club debt write-off 'necessary'
Glamorgan cricket club could go out of business and the local economy could lose out on millions of pounds if most of the club's £16m debts are not written off, it has warned.
Chief executive Hugh Morris said such a move was not something to be proud of but was essential to ensure its future.
Cardiff Council has been challenged over a decision to write off £4.4m of the £6.4m it is owed.
But it could get almost nothing if the club goes into administration.
Mr Morris told BBC Wales business correspondent Brian Meechan it could mean "no stadium" if the debt was not written off.
10 Apr 2015
- From the section Wales