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 Burton Albion

All the stats from Cardiff (1) vs (0) Burton Albion, Cardiff City Stadium, 21/1/17 Att:

Cardiff v Burton - Team Sheets

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

Officials - Cardiff v Burton (21/1/17)

The Football League have now announced the Match Day officials that will take charge of the game between Cardiff City and Burton Albion this Saturday.

More Reliable Than A Championship Octopus? (20/1/17)

A new season and finally a new special computer crunching the numbers to determine the final Championship positions for 2016/17.

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)

Burton MotM
Suggested By:
McGregor0%
Connolly0%
Morrison0%
Bamba0%
Peltier0%
Kadeem Harris0%
Gunnarsson0%
Ralls0%
Hoilett0%
Pilkington0%
Zohore0%
Sub - Kennedy0%
Sub - Lambert0%
Sub - Healey0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Brighton 26 17 6 3 57 24
2 Newcastle 26 18 1 7 55 29
3 Leeds Utd 26 15 3 8 48 11
4 Reading 25 14 4 7 46 3
5 Huddersfield 26 14 4 8 46 0
6 Sheff Wed 27 13 6 8 45 5
7 Derby County 26 11 7 8 40 5
8 Fulham 25 10 9 6 39 13
9 Preston 26 11 6 9 39 3
10 Barnsley 26 11 5 10 38 4
11 Norwich 26 11 4 11 37 3
12 Birmingham 26 9 9 8 36 -5
13 Aston Villa 26 8 11 7 35 1
14 Ipswich 26 9 7 10 34 -3
15 Brentford 26 9 6 11 33 0
16 Wolves 26 8 8 10 32 -1
17 Q.P.R. 26 9 5 12 32 -11
18 Cardiff 25 8 6 11 30 -10
19 Bristol City 26 8 3 15 27 -3
20 Forest 26 7 6 13 27 -8
21 Burton 26 6 7 13 25 -10
22 Blackburn 26 6 6 14 24 -12
23 Wigan 26 5 7 14 22 -9
24 Rotherham 26 4 4 18 16 -29
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Cardiff City Results (view all)

Cardiff City Fixtures (view all)

Jan 21 2017 3:00PM : Burton Albion (H)
Sky Bet Championship
Jan 24 2017 7:45PM : Brighton & Hove Albion (a)
Sky Bet Championship
Jan 28 2017 3:00PM : Reading (a)
Sky Bet Championship
Jan 31 2017 7:45PM : Preston North End (H)
Sky Bet Championship
Feb 4 2017 3:00PM : Norwich City (H)
Sky Bet Championship
Feb 11 2017 3:00PM : Leeds United (a)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.lyndster1
The Vital Football Members League