UK time is: 05:55:48
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Tax Bill Paid, But Cardiff City Still Embargoed !

Cardiff City FC have issued a statement regarding payment of the latest HMRC tax debt which saw a further petition lodged in the courts against the Bluebirds and contributed to a transfer embargo imposed by the FA. HMRC will now officially withdraw their petition....until next time!!

Gethin Jenkins has stated that the bill has been paid:

'As anticipated at the beginning of the week, Cardiff City Football Club can confirm that we have paid month one of our HMRC tax bill. For the avoidance of doubt, the PAYE tax bill is a monthly issue that we continually endeavour to pay on time. HMRC is currently taking a firm stance with several football clubs, not just Cardiff City Football as a consequence of historic issues throughout the industry.'

'With regards to the embargo, the HMRC issue is currently resolved, as are several of our issues linked to football creditors, while we are currently working on the final football creditor. The final embargo issue was the failure of the club to lodge year end accounts for May 2009 which the new management team and Directors are endeavouring to get resolved in coming days.'



Unfortunately, it seems we remain under the embargo and are currently at a serious disadvantage with regards player transfers due to late filing of accounts. Many companies do not file on time, however, for a business of the size and stature of CCFC to be so late as to incur an embargo penalty seems a massive oversight. Hopefully this can be put right immediately, and be put down to new ownership/administration and will not happen in future.

Of course the payment of this debt is welcome news and somewhat of a relief. It is abundantly clear however that things are not right at the club and there is plenty of work to be done. Previously, Chief Executive Gethin Jenkins had promised that the debt would be cleared by the end of the week - that now appears true and hopefully spells the beginning of a transparent and professional management of the club. Hopefully.




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:Thursday July 8 2010

Time: 4:33PM

Your Comments

Great news, well done Gethin for gettin it sorted when you said
Bonesy
Now how about some playersss!!!!
Bonesy
yeah totally agree no more false promises hopefully!!
smakerzthebluebird
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Cardiff City Articles

Vital Preview: Cardiff v Middlesbrough (Monday September 15 2014)

Ole - It's All About Our Response (Monday September 15 2014)

Vital Report: Cardiff 2 Norwich 4 (Sunday September 14 2014)

Stats: Cardiff v Norwich (Saturday September 13 2014)

Marshall Named Skipper (Friday September 12 2014)

Focused & Prepared For Norwich (Friday September 12 2014)

Vital Preview: Cardiff v Norwich (Friday September 12 2014)

Noone Buzzing (Wednesday September 10 2014)

You've Got To Be Kidding! (Monday September 8 2014)

Daehli Concern (Thursday September 4 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
Wolves 1 - 0 Cardiff
Cardiff 3 - 1 Huddersfield
Cardiff 2 - 4 Norwich
Cardiff 1 - 0 Wigan
Fulham 1 - 1 Cardiff
Blackburn 1 - 1 Cardiff

League Table (view table)

Team P W D L GD Pts
12. Sheff Wed 6 2 3 1 1 9
13. Bournemouth 6 2 2 2 3 8
14. Ipswich 6 2 2 2 1 8
15. Cardiff 6 2 2 2 0 8
16. Wigan 6 2 1 3 1 7
17. Brighton 6 2 1 3 0 7
18. Rotherham 6 2 1 3 -3 7

Breaking League News

Andy Delort - Vital Latics Man Of The Match
Wigan : 16/09/2014 00:03:00
Team news: Reading vs Millwall
Reading : 15/09/2014 21:29:00
LUFC Will Leeds enjoy south coast success?
Leeds Utd : 15/09/2014 20:51:00
LUFC Cellino wants international coach
Leeds Utd : 15/09/2014 20:32:00
LUFC Bournemouth v Leeds United Team News
Leeds Utd : 15/09/2014 20:15:00

Current Site Poll (view all polls)

Norwich MotM
Suggested By:  Whitts
Marshall 25%
Fabio 0%
Brayford 0%
Connolly 0%
Morrison 0%
Pilkington 0%
Whittingham 0%
Ralls 25%
Gunnarsson 0%
Jones 0%
Macheda 50%
Sub - John 0%
Sub - Adeyemi 0%
Sub - Maynard 0%