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

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

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 Newcastle 27 19 1 7 58 33
2 Brighton 26 17 6 3 57 24
3 Huddersfield 27 15 4 8 49 2
4 Leeds Utd 27 15 3 9 48 10
5 Reading 26 14 4 8 46 2
6 Sheff Wed 27 13 6 8 45 5
7 Derby County 27 12 7 8 43 6
8 Barnsley 27 12 5 10 41 5
9 Fulham 26 10 10 6 40 13
10 Norwich 27 12 4 11 40 5
11 Preston 27 11 7 9 40 3
12 Birmingham 27 9 10 8 37 -5
13 Aston Villa 27 8 12 7 36 1
14 Ipswich 27 9 7 11 34 -5
15 Brentford 27 9 6 12 33 -1
16 Cardiff 26 9 6 11 33 -9
17 Q.P.R. 27 9 6 12 33 -11
18 Wolves 27 8 8 11 32 -3
19 Forest 27 8 6 13 30 -7
20 Bristol City 27 8 3 16 27 -4
21 Wigan 27 6 7 14 25 -8
22 Burton 27 6 7 14 25 -11
23 Blackburn 27 6 7 14 25 -12
24 Rotherham 27 4 4 19 16 -33
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 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
Feb 14 2017 7:45PM : Derby County (a)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.lyndster1
The Vital Football Members League