Hammam: I'm to blame
By Graeme Bailey
Last Updated: 01/01/70 1:00am
Cardiff City chief Sam Hammam insists he is to blame for their poor financial state.Cardiff City chief Sam Hammam is shouldering the responsibility for the club's poor financial state.
The Bluebirds' immediate future has been cast in doubt and now they face the prospect of losing a host of their most sellable assets.
Captain Graham Kavanagh was sold to Wigan on Friday and a number of others could follow.
"The situation of other players depend on one or two things that might happen next week," Hammam told The Western Mail.
"We expect something very positive will happen, but until it does all the balls are in the air.
"The transfer deadline is March 24 and we are out in the open after that until May, June or even July.
"We have to see a way forward, but if the situation is not favourable we will have to sell.
"We hope no players go - but some might. The important thing is this club continues being strong."
Hammam has blamed the development of a proposed new stadium for the club's dwindling funds.
"We have budgeted wrong and we are losing far more money than we thought we would," he said.
"We signed the players on these wages and now we have to re-adjust the situation.
"Mistakes have been made and I feel like a buffoon, but I don't have the luxury to feel the pain.
"Selling Kavanagh is not something I wanted to do, and I have done things that I promised myself I would not do.
"I realise I have to be questioned and whether I can deliver what I said.
"I am crest-fallen and expect the consequences, and I'm not ashamed to say I've shed a tear or two.
"I'm emotionally distraught at some of the things I've had to do to my family, those lovely fans who have stood by me through everything."
Hamamm insists the club have no plans to go into administration.
"We don't want to put ourselves in a situation where points are deducted," he added.
"As we stand today that seems almost an impossibility, but the club has to stand together and accept we have to do painful things in the next few days or few weeks.
"We have got to get the stadium project going because if we do we will generate millions and millions of pounds.
"I am a street fighter and I will not stop until I drop from this fight.
"I hope to win the fans back. It is difficult for me emotionally but I can't worry about that now.
"I've worked so hard for four-and-a-half years. I've put all the ability and experience I have into this as well as a lot of money.
"If the project starts - as I believe it will - we will be all the stronger for it. The mistakes we have made in the past will make us a stronger family."
Kavanagh revealed he was distraught at having to leave the Welsh capital.
"I appreciate the financial problems Cardiff have, but I find what has happened there in the last week mind-boggling," said Kavanagh.
"I've spoken to some of the lads at Cardiff and they've told me that a few more players could end up being sold.
"I can understand Cardiff selling one player - but what's the benefit of selling off the whole squad?
"That will end with the club getting relegated. What will happen then?
"The club has won two promotions in the last few years, but all that hard work could end up counting for nothing.
"It's not easy to win promotion in League Two or League One.
"We all know how hard it was to get out of the old Second Division. Do Cardiff want to go back to that?"
"The plan was to stay at Cardiff for the rest of my career and after I finished playing I wanted to be a coach there.
"The one good thing about going back is that it gives me a chance to say 'thank you' to the Cardiff fans.
"I'm a Wigan player now and I have to give my all for Wigan. If I have to play against Cardiff then I've got to get on with it."
Other players being tipped to leave the club are Peter Thorne, Jobi McAnuff, Andy Campbell, Chris Barker, Paul Parry and James Collins.
Some reports even claim that a deal with West Ham for Wales international Collins has already been struck and he will leave next week.
Thorne is being strongly linked with Nottingham Forest, while McAnuff and Parry are being tipped to join Sunderland and Stoke respectively.