Malky Mackay began his press conference this morning by apologising to Cardiff City's fans.
He said: "I am really sorry for our fans for what they've been through over the last couple of weeks", and that he is "as disappointed as they are" at the recent uncertainty and speculation surrounding the the club.
He paid tribute to the work of former head of recruitment Iain Moody and said he wanted to clarify that "we absolutely were under budget this summer", and that an overspend was not the reason for his departure, as has been reported.
He also wanted to clarify "under no circumstances was I asked to resign and at no time have I thought of resigning from the football club."
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