Cardiff City are wobbling under massive debts.

The Mail on Sunday says Cardiff's level of debt has risen to £118million, the club's latest accounts reveal.

The figures, for the year ending May 31 2013, show an operating loss of £30.9million, up from almost £13million.

Of the club's overall debt, £66million is owed to current owner Vincent Tan, despite the Malaysian converting £2.5million into equity and writing off interest of £5million.

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