..... Cardiff City were NOT in debt.

I was reminded about the Johnny Owen film made just before our FA Cup Final (to avoid confusion, I'm referring to the 2008 final), in it he mentions that during that season we almost went bust. I'm sure we were being hunted down by HMRC at the time.

I don't remember ever NOT being in debt, whether it be to some chairman or another, or HMRC.

Anyone know?