Vital Football

Latest Cardiff City News

Ridsdale Clarifies Cardiff City vs HMRC Position

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.




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

Writer:Bluebirdshroom
Date:Friday January 8 2010
Time: 1:37PM

Best of Vital Network

Comments

0
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
08/01/2010 13:48:00
Page 1/1
  1. 1

Login to post a comment

Recent Cardiff City Articles

Trollope - Better Team Won

Head coach Paul Trollope has conceded that the better team won in last night's game against Derby County.

Pilkington Pens Two Year Cardiff Extension

Ahead of the game last night against Derby County, Cardiff City confirmed that Anthony Pilkington had that evening put pen to paper on a new two year...

Stats: Cardiff v Derby

All the stats from Cardiff (0) vs (2) Derby, Cardiff City Stadium, 27/9/16 Att: 14,131

Cardiff v Derby - Team Sheets

Cardiff City are at the Cardiff City Stadium with Derby County the visitors today, this is a 7.45pm kick-off - the line-ups have been confirmed.

Archived Vital Cardiff Articles

Vital Cardiff articles from

Site Journalists

Whittingham's Left Peg
no email
Profile

Current Poll (see more polls)

Derby MotM
Suggested By: Site Staff
Amos34%
Richards0%
Morrison33%
Connolly0%
John0%
O'Keefe0%
Noone0%
Immers0%
Whittingham0%
Ralls0%
Lambert33%
Sub - Zohore0%
Sub - Harris0%
Sub - Ecuele Manga0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Huddersfield 10 7 1 2 22 5
2 Norwich 10 6 2 2 20 5
3 Newcastle 10 6 1 3 19 11
4 Brighton 10 5 3 2 18 6
5 Brentford 10 5 2 3 17 9
6 Bristol City 10 5 2 3 17 6
7 Birmingham 10 4 5 1 17 4
8 Sheff Wed 10 5 2 3 17 0
9 Reading 10 5 2 3 17 -3
10 Barnsley 10 5 1 4 16 6
11 Wolves 10 4 3 3 15 2
12 Fulham 10 3 5 2 14 -2
13 Ipswich 10 3 4 3 13 0
14 Leeds Utd 10 4 1 5 13 -2
15 Forest 10 3 3 4 12 -2
16 Q.P.R. 10 3 3 4 12 -4
17 Aston Villa 10 1 7 2 10 0
18 Burton 10 2 4 4 10 -2
19 Preston 10 3 1 6 10 -4
20 Derby County 10 2 3 5 9 -4
21 Wigan 10 2 2 6 8 -2
22 Blackburn 10 2 2 6 8 -7
23 Cardiff 10 2 2 6 8 -9
24 Rotherham 10 1 3 6 6 -13
Latest F1 News
Latest Vital Boxing News

Recent Cardiff City Results (view all)

Cardiff City Fixtures (view all)

Oct 1 2016 3:00PM : Burton Albion (a)
Sky Bet Championship
Oct 14 2016 7:45PM : Bristol City (H)
Sky Bet Championship
Oct 19 2016 7:45PM : Sheffield Wednesday (H)
Sky Bet Championship
Oct 22 2016 5:30PM : Nottingham Forest (a)
Sky Bet Championship
Oct 29 2016 3:00PM : Wigan Athletic (H)
Sky Bet Championship
Nov 5 2016 3:00PM : Newcastle United (a)
Sky Bet Championship