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HMRC 'Amicably' Dismiss Cardiff City Case

HMRC 'Amicably' Dismiss Cardiff City Case

Cardiff City's previous appearance in court, described by Peter Ridsdale as an amicable discussion with the HMRC over unpaid tax bills has been officially resolved after the forms were stamped and papers formalised yesterday.

The Bluebirds have suffered a cash flow problem, on top of longstanding debt accrued during Sam Hammam's turbulent tenureship. The agreement reached with HMRC is further good news to add to the recent contract signing with Langston to officially re-structure the debt and remove the threat of legal action.

These moves have allowed Malaysian property tycoon Dato Chan to join the board, possibly paving the way for Billionaire supremo Vincent Tan to look into a full takeover of the club.



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

Writer:Bluebirdshroom
Date:Thursday December 17 2009
Time: 1:59PM

Comments

0
Sounds like you'll have a few bob to spend then soon!
Our Kids Dad
17/12/2009 14:16:00
0
More dodgy dealings by Ridsdale
taylor2078
21/12/2009 19:31:00
0
about time to. cardiff have got everything the players,the stadium and the fans the only thing we haven got is the MONEY.
aderynglas
22/12/2009 10:55:00
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