UK time is: 16:56:04
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Ridsdale Blasts Misleading Press Reports

Cardiff City Chairman has spoken out after weekend news reports regarding his consultancy firm WH Sports, recently put into liquidation and labelled as 'failed' in media reports.


Cardiff City fans will recognise the name WH Sports as the vehicle owned be Ridsdale while he was not directly employed by the club. This allowed the payments for his services and includes the infamous 500k bonus for keeping us afloat.


Risdale then joined the Cardiff City payroll in October 2007, meaning WH Sports was therefore redundant and had no income. Ridsdale told the Western Mail:


"All fee income ceased and therefore WH Sports Group had no other income and no reason or means to continue to trade."


"The only material creditor was HMRC (The Inland Revenue)."


"The company was closed down and all creditors will be paid."




Peter Risdale is and probably always will be an easy target. Leeds United fans still hold him almost exclusively responsible for their demise and while that saga will always represent a huge blot on Ridsdale's C.V. - it seems he has done a tremendous job in saving Cardiff City FC from a similar fate.


Some fans remain sceptical and still harbour doubts as to his exact plans for the club, a lack or re-investment and perceived lack of transparancy. However, the expenditure on Michael Chopra, new training ground and stadium are not indicative of behind the scenes trouble and for the Peter Risdadle deserves great credit.






Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



For the very latest Championship odds

Click here to join in the debate on the club forum.

The Journalist

Writer: Bluebirdshroom Mail feedback, articles or suggestions

Date:Monday June 1 2009

Time: 10:58AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Cardiff City Articles

TC Heading Back To France? (Friday August 1 2014)

New Then Exit For Mason (Thursday July 31 2014)

Squad List Includes Medel (Thursday July 31 2014)

Brayford Set For League Debut (Tuesday July 29 2014)

Jones Part Of Ole's Plans (Tuesday July 29 2014)

Jo Inge Berget Signs For Celtic (Monday July 28 2014)

Yeovil 1-4 Cardiff (Monday July 28 2014)

Defender Deal Unlikely (Sunday July 27 2014)

Campbell Completes Palace Move (Friday July 25 2014)

Archived Cardiff City Articles

List All Vital Cardiff Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
5. Bournemouth 0 0 0 0 0 0
6. Brentford 0 0 0 0 0 0
7. Brighton 0 0 0 0 0 0
8. Cardiff 0 0 0 0 0 0
9. Charlton 0 0 0 0 0 0
10. Derby County 0 0 0 0 0 0
11. Forest 0 0 0 0 0 0

Breaking League News

RUFC - Gaffer On Agard And May
Rotherham : 01/08/2014 16:48:00
RUFC - Evans 'John Will Do Well For Us'
Rotherham : 01/08/2014 16:45:00
Derby Loan Move For Best
Blackburn : 01/08/2014 16:43:00
RUFC - Chelsea Midfielder On Loan With Millers
Rotherham : 01/08/2014 16:17:00
Walk4Tilly Gaining Momentum
Wigan : 01/08/2014 15:35:00

Current Site Poll (view all polls)

Chelsea MotM
Suggested By:  Whitts
Marshall 37%
Fabio 4%
John 2%
Mutch 0%
Caulker 13%
Turner 4%
Daehli 26%
Whittingham 4%
Campbell 0%
Gunnarsson 2%
Bellamy 2%
Sub - Cowie 2%
Sub - Healey 2%
Sub - James 2%