Date:Wednesday January 27 2010
Cardiff City fans have finally heard the news many had expected, that the repeated promises of new players coming into the club will not be happening. This is a hammer blow to the club's promotion aspirations but equally importantly to the 10,000 fans who pre-purchased season tickets on the sole guaranteed premise that these funds were for squad strengthening.
It now transpires that Peter Risdale's 'confidence' and promises that the tax bill would be paid was incorrect. While the board place this blame at the hands of potential investors who have not met committments - Cardiff City FC is now guilty of far worse, and, having known of this for some time - are further guilty of continuing to deceive the supporters.
Many fans had suspected, and even accepted the situation - but it remains a simply unacceptable mis-management of finances and betrayal of trust. The situation is hurtful, but nothing comparing to the constant denial and deceit from the club. The anti-Ridsdale brigade have been proved right, and in not coming clean sooner - they will have gained a great deal more support.
The club statement included:
'We had anticipated that if we launched these tickets early and had received new investment pre Christmas or in January this year as promised, we would have been able to invest in new players in the January transfer window.'
'In the absence of the new investment this will not be possible. We have to ensure that other overheads and financial issues are properly addressed. Whilst we apologise for this, we do not apologise for ensuring that the viability and financial health of the Club is the ultimate priority.'
Making promises that you cannot fulfil is an example of gross-mismanagement and some supporters will even feel they have been de-frauded. Still, the club fails to outline the situation and has attempted to hide the facts within the customary spin, and accusations at others.
Langston, Banks, Creditors, the weather, a small squad, old stadium, injuries, and potential investors. All must take their share of the blame, except, apparently the CCFC board who are guilty of nothing more than trusting others too much.
That maybe something the naive supporters of Cardiff City FC have also been guilty of and Peter Ridsdale, as the Chairman, will soon know that that will continue no longer. Expect this one to roll on for some time.
Date:Wednesday January 27 2010
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