UK time is: 11:08:34
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

Back To Back Wins Delight Slade (Wednesday October 22 2014)

Vital Report: Cardiff 3 Ipswich 1 (Wednesday October 22 2014)

Stats: Cardiff v Ipswich (Tuesday October 21 2014)

Wolff Out The Door (Tuesday October 21 2014)

Vital Preview: Cardiff v Ipswich (Monday October 20 2014)

Massive Result For Slade (Sunday October 19 2014)

Stats: Cardiff v Nottingham Forest (Saturday October 18 2014)

Slade Relishing His Cardiff Debut (Friday October 17 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
Cardiff 2 - 4 Norwich
Cardiff 3 - 1 Ipswich
Cardiff 1 - 0 Wigan
Cardiff 0 - 1 Middlesbrough
Brighton 1 - 1 Cardiff
Fulham 1 - 1 Cardiff

League Table (view table)

Team P W D L GD Pts
7. Charlton 13 5 7 1 4 22
8. Bournemouth 13 6 3 4 6 21
9. Ipswich 13 5 5 3 4 20
10. Cardiff 13 5 4 4 2 19
11. Blackburn 13 5 4 4 -1 19
12. Brentford 13 5 4 4 -1 19
13. Sheff Wed 13 4 6 3 0 18

Breaking League News

Win The Most Important Thing
Blackburn : 23/10/2014 10:56:00
Rovers Loan Lenihan To Burton
Blackburn : 23/10/2014 10:51:00
Twitter Poll: No To Coyle
Birmingham : 23/10/2014 10:07:00
Birmingham Open Rowett Talks
Birmingham : 23/10/2014 10:00:00
Defensive loan targets - Part 1
Reading : 23/10/2014 10:00:00

Current Site Poll (view all polls)

Ipswich MotM
Suggested By:  Site Staff
Marshall 50%
Brayford 0%
Ecuele Manga 50%
Morrison 0%
Fabio 0%
Pilkington 0%
Gunnarsson 0%
Whittingham 0%
Noone 0%
Le Fondre 0%
Macheda 0%
Sub - Maynard 0%
Sub - Ralls 0%