UK time is: 19:58:52
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

Company Director Ban For Ex-Cardiff Boss Ridsdale

Former Cardiff City Chairman Peter Ridsdale has been handed a lengthy ban to prevent him holding any director positions within companies. It will be almost 8 years before 'The Riddler' can hold any such positions as his mysterious company WH Sports whereby he was paid handsomely for his various roles whilst at Cardiff City.

Ridsdale's financial decicion making has rasied plenty of eyebrows over the years, with Leeds United fans particularly vehement over his tenure there. Since then, he gained a reputation as a 'fix-it' man and was regularly charged with sorting out clubs with struggling finances. His CCFC tenure nearly ended in disaster, and we remain saddled with debt. H then took over at Plymouth Argyle, before finding his current role at Preston North End.

Famous for the'Golden ticket scheme' at Cardiff City, our fans were left bemused after thousands signed up for season tickets apparently on the promises of monies raised being used for 'squad strengthening'. Just a short while later, our outstanding HMRC debts and woeful financial position was revealed. No signings were made.

WH Sports was liquidated in 2009, with huge debts outstanding. At the time, 'PR Pete' insisted that nothing was amiss but today agreed that he was in breach in making payments from company accounts to his own personal account and additionally failing to disclose relevant transactions to the liquidators.

Today's news came as a result of a full investigation by Company Investigations, a part of the Insolvency Service.




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:Wednesday October 3 2012

Time: 1:45PM

Your Comments

ahahahahahahahahah - Best get down the job centre Pete - you screwed us for every penny your grubby little hands coud carry.... finally found out- hope there's moe sanctions to come!
Bonesy
ahahahahahahahahah - Best get down the job centre Pete - you screwed us for every penny your grubby little hands coud carry.... finally found out- hope there's moe sanctions to come!
Bonesy
 

Have Your Say

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

Recent Cardiff City Articles

Young On Millwall Frustrations (Sunday April 19 2015)

Vital Report: Cardiff 0 Millwall 0 (Sunday April 19 2015)

Stats: Cardiff v Millwall (Saturday April 18 2015)

Vital Preview: Cardiff v Millwall (Friday April 17 2015)

Harsh Ipswich Defeat For Slade (Wednesday April 15 2015)

Dalman - We're Still Fully Committed (Wednesday April 15 2015)

Highlights - Ipswich 3 Cardiff 1 (Wednesday April 15 2015)

Vital Report: Ipswich 3 Cardiff 1 (Wednesday April 15 2015)

Stats: Ipswich v Cardiff (Tuesday April 14 2015)

Archived Cardiff City Articles

List All Vital Cardiff Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

League Results (view all)

Latest Results
Cardiff 0 - 0 Millwall
Ipswich 3 - 1 Cardiff
Leeds Utd 1 - 2 Cardiff
Cardiff 0 - 3 Bolton
Reading 1 - 1 Cardiff
Cardiff 2 - 0 Birmingham

League Table (view table)

Team P W D L GD Pts
10. Charlton 44 14 18 12 -2 60
11. Forest 44 15 14 15 4 59
12. Sheff Wed 44 14 17 13 -5 59
13. Cardiff 44 14 14 16 -6 56
14. Birmingham 43 13 15 15 -13 54
15. Huddersfield 44 13 14 17 -17 53
16. Leeds Utd 44 14 10 20 -12 52

Breaking League News

Keeper looking to emulate Leeds star youngster
Leeds Utd : 21/04/2015 19:55:00
Blackburn v Millwall - Team Sheets
Blackburn : 21/04/2015 19:05:00
Team Sheets - Blackburn v Millwall
Millwall : 21/04/2015 19:02:00
Harris On Difficult Blackburn Test
Millwall : 21/04/2015 17:33:00
We're Not Dunne Yet
Millwall : 21/04/2015 17:28:01

Current Site Poll (view all polls)

Millwall MotM
Suggested By:  Site Staff
Marshall 0%
Peltier 0%
Ecuele Manga 0%
Morrison 0%
Malone 0%
Noone 0%
Gunnarsson 0%
Whittingham 0%
Ralls 0%
Doyle 0%
Mason 0%
Sub - Fabio 0%
Sub - Pilkington 0%
Sub - Kennedy 0%