Vital Football

Latest Cardiff City News

Cardiff City Granted 28 day HMRC Extension !!!

Cardiff City Granted 28 day HMRC Extension !!!

Cardiff City have scored a victory of sorts after the high court agreed to defer the winding up order against CCFC scheduled for today. After a number of income avenues were opened by the club, most notably involving the sale of land for £1.8m - granted under exceptional circumstances by Cardiff City council.

The HMRC has accepted a down payment of £1m, as a 'good will' payment and the guarantee that monies raised through the sale of land - will be preferentially directed to HMRC.

This really is a stay of execution, and while all information points to the staving off of the wind-up order on this particular occasion, there are significant further debts to be paid - and no sizable income forecast. Gate receipts, the FA Cup match against Chelsea and a 5-figure payment from Birmingham City as part of the Roger Johnson transfer are upcoming.

The winding up order is legally only adjourned for 28 days, pending payment of the outstanding debt. Once further tax payments are due, we could find ourselves in exactly the same boat.

Peter Ridsale surely knows better than to bill this as a 'victory' for CCFC in any sense....surely?!?



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

Writer:Bluebirdshroom
Date:Wednesday February 10 2010
Time: 12:16PM

Login to post a comment

Recent Cardiff City Articles

Stats: Cardiff v Fulham

All the stats from Cardiff (2) vs (2) Fulham, Cardiff City Stadium, 25/2/17 Att: 15,656

Cardiff v Fulham - Team Sheets

Cardiff are at the Cardiff City Stadium with Fulham the visitors for the latest Championship game.

Cardiff v Fulham - Follow Live On Twitter

Cardiff are at the Cardiff City Stadium with Fulham the visitors today, this will be a 3pm kick-off.

New Deal For Warnock Ahead Of Fulham

Manager Neil Warnock has confirmed he has agreed a new contract with Cardiff City as he held his pre Fulham press conference earlier today.

Archived Vital Cardiff Articles

Vital Cardiff articles from

Site Journalists

Write for Vital Cardiff
Write For Vital Cardiff
Apply Here

Current Poll (see more polls)

Fulham MotM
Suggested By: Site Staff
McGregor0%
Connolly0%
Morrison0%
Bamba0%
Richards0%
Noone0%
Gunnarsson0%
Ralls0%
K Harris0%
Hoilett0%
Zohore0%
Sub - John0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Newcastle 32 22 3 7 69 37
2 Brighton 32 20 8 4 68 28
3 Huddersfield 32 20 4 8 64 8
4 Reading 33 18 6 9 60 5
5 Leeds Utd 33 18 4 11 58 11
6 Sheff Wed 33 17 7 9 58 10
7 Fulham 32 14 10 8 52 17
8 Norwich 33 15 6 12 51 11
9 Barnsley 33 14 7 12 49 4
10 Preston 33 13 10 10 49 4
11 Derby County 32 13 9 10 48 7
12 Cardiff 33 13 6 14 45 -2
13 Birmingham 34 11 10 13 43 -13
14 Ipswich 33 10 11 12 41 -7
15 Brentford 32 11 7 14 40 0
16 Q.P.R. 33 11 7 15 40 -10
17 Aston Villa 32 8 12 12 36 -8
18 Forest 33 10 6 17 36 -12
19 Burton 34 9 9 16 36 -13
20 Wolves 32 9 8 15 35 -5
21 Bristol City 32 9 5 18 32 -6
22 Wigan 33 7 9 17 30 -10
23 Blackburn 32 7 9 16 30 -13
24 Rotherham 33 4 5 24 17 -43
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Cardiff City Results (view all)

Cardiff City Fixtures (view all)

Feb 25 2017 3:00PM : Fulham (H)
Sky Bet Championship
Mar 4 2017 3:00PM : Queens Park Rangers (a)
Sky Bet Championship
Mar 7 2017 7:45PM : Blackburn Rovers (a)
Sky Bet Championship
Mar 11 2017 3:00PM : Birmingham City (H)
Sky Bet Championship
Mar 18 2017 3:00PM : Ipswich Town (H)
Sky Bet Championship
Apr 1 2017 3:00PM : Wolverhampton Wanderers (a)
Sky Bet Championship
Write for Vital Football