UK time is: 06:25:04
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

Ridsdale Clarifies Cardiff City vs HMRC Position

If Cardiff City Chairman Peter Ridsdale is to be believed, today's publication of a date and petition for a winding up order, brought on behalf of HMRC is not new information and merely a fall-back position if we fail to pay off our tax bill this month.

City owe 2.7m in PAYE tax, and National Insurance contributions and have already failed to meet the initial payment of a payment plan negotiated with HMRC. That meant the full balance is payable now andCity must stump up the cash.

Peter Ridsdale's latest statement read:

'In discussions with HMRC at the end of December 2009, we confirmed that we would pay monies owing to them by the end of January 2010.'

'HMRC booked a back stop date of 10 February 2010 to go back to court if, for any reason, we had not been able to fulfil our obligations to pay by the end of January.'

'We have every confidence that all monies owing to HMRC will have been repaid by the end of January.'



Apparently, the 10th February court date will be reserved in case it's needed, but CCFC do not expect that to be the case. If we haven't paid yet, why not? What is stopping the club? If we don't have the money, where will it come from? The sale of Adam Matthews? Then what happens to the ticket cash?

Far from appeasing fans, the latest news regardifng Cardiff City is sure to throw up a great number more questions and cause further unease amongst fans who feel let down and misled. Ridsdale rarely shies away from public speaking, but frank honesty is needed immediately if he is to avoid a mass fans revolt.





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



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

The Journalist

Writer: Bluebirdshroom Mail feedback, articles or suggestions

Date:Friday January 8 2010

Time: 1:37PM

Your Comments

I honestly believe I could write PRs statements by njow, I've read enough and they're all the same. No facts, just speculation and expect the supporters to believe
Aderyn las
 

Have Your Say

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

Recent Cardiff City Articles

Peltier Joins On (Sunday January 25 2015)

Slade Demands A Big Response (Sunday January 25 2015)

Bo-Kyung Leaves Cardiff (Sunday January 25 2015)

Vital Report: Cardiff 1 Reading 2 (Sunday January 25 2015)

Stats: Cardiff v Reading (Saturday January 24 2015)

Cardiff City v Reading - Team Line-Ups (Saturday January 24 2015)

Slade - FA Cup Win Will Help Us (Friday January 23 2015)

Talks But No Moves Yet (Friday January 23 2015)

Vital Preview: Cardiff v Reading (Friday January 23 2015)

Archived Cardiff City Articles

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

Vital Members League (view all)

League Results (view all)

Latest Results
Norwich 3 - 2 Cardiff
Cardiff 1 - 0 Fulham
Cardiff 2 - 4 Watford
Charlton 1 - 1 Cardiff
Cardiff 2 - 3 Brentford
Bournemouth 5 - 3 Cardiff

League Table (view table)

Team P W D L GD Pts
10. Blackburn 26 9 9 8 1 36
11. Birmingham 26 9 8 9 -8 35
12. Forest 27 8 10 9 -2 34
13. Cardiff 26 9 7 10 -3 34
14. Fulham 27 10 4 13 -7 34
15. Huddersfield 27 9 7 11 -10 34
16. Bolton 25 9 5 11 -4 32

Breaking League News

Huff And Puff - Latics 0 Huddersfield 1
Wigan : 25/01/2015 22:21:00
Gil top of the Bill for the Vill
Bournemouth : 25/01/2015 21:33:00
Bournemouth : 25/01/2015 21:27:00
Hooiveld On Verge Of Millwall Move
Norwich : 25/01/2015 21:25:00
Brentford : 25/01/2015 20:12:00

Current Site Poll (view all polls)

FA - Reading MotM
Suggested By:  Site Staff
Moore 34%
Fabio 0%
Morrison 0%
Turner 0%
Malone 33%
Harris 0%
Gunnarsson 0%
Whittingham 0%
Noone 0%
Jones 33%
Revell 0%
Sub - Connolly 0%
Sub - Adeyemi 0%
Sub - Macheda 0%