Vital Football

Latest Cardiff City News

Company Director Ban For Ex-Cardiff Boss Ridsdale

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.



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

Writer:Bluebirdshroom
Date:Wednesday October 3 2012
Time: 1:45PM

Best of Vital Network

Comments

0
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
03/10/2012 14:03:00
0
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
03/10/2012 14:03:00
Page 1/1
  1. 1

Login to post a comment

Recent Cardiff City Articles

League Cup F‏irst Round - Bristol Rovers (22/6/16)

The draw for the first round of the English Football League Cup took place earlier this afternoon.

Birmingham Away On Opening Day

Cardiff City face a trip to Birmingham City on the opening day of the 2016/17 Championship season.

League Cup Draw Wednesday 1pm

Four hours after the Football League fixture list is revealed, the League Cup first round...

Championship Fixtures For 2016/17 Released Tomorrow

The coming Championship fixtures for the 2016/17 season will be announced early tomorrow morning (Wednesday).

Archived Vital Cardiff Articles

Vital Cardiff articles from

Site Journalists

Whittingham's Left Peg
no email
Profile

Current Poll (see more polls)

Birmingham MotM
Suggested By: Site Staff
Marshall3%
Peltier0%
Connolly20%
Turner10%
Malone3%
Noone3%
O'Keefe3%
Whittingham3%
Lawrence3%
Pilkington26%
Immers6%
Sub - Zohore0%
Sub - Harris0%
Sub - Ecuele Manga20%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
C Burnley 46 26 15 5 93 37
P Middlesbrough 46 26 11 9 89 32
3 Brighton 46 24 17 5 89 30
4 Hull City 46 24 11 11 83 34
5 Derby County 46 21 15 10 78 23
6 Sheff Wed 46 19 17 10 74 21
7 Ipswich 46 18 15 13 69 2
8 Cardiff 46 17 17 12 68 5
9 Brentford 46 19 8 19 65 5
10 Birmingham 46 16 15 15 63 4
11 Preston 46 15 17 14 62 0
12 Q.P.R. 46 14 18 14 60 0
13 Leeds Utd 46 14 17 15 59 -8
14 Wolves 46 14 16 16 58 -5
15 Blackburn 46 13 16 17 55 0
16 Forest 46 13 16 17 55 -4
17 Reading 46 13 13 20 52 -7
18 Bristol City 46 13 13 20 52 -17
19 Huddersfield 46 13 12 21 51 -11
20 Fulham 46 12 15 19 51 -13
21 Rotherham 46 13 10 23 49 -18
R Charlton 46 9 13 24 40 -40
R MK Dons 46 9 12 25 39 -30
R Bolton 46 5 15 26 30 -40
Latest F1 News
Latest Vital Boxing News

Recent Cardiff City Results (view all)

Cardiff City Fixtures (view all)