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

FA Cup Third Round - Full Draw (5/12/16)

The draw for the third round of the FA Cup took place earlier this evening.

Vital View - Championship, 1st-3rd December 2016

Another Newcastle defeat opened the Brighton but Albion could only draw so closed to within a point of the leaders. Cardiff, Wigan and rock bottom Rotherham make up the bottom three.

Video - Cardiff 0-0 Brighton

After losing three of the last four games Cardiff collected a point against promotion-chasing Brighton but it wasn't enough to take the Bluebirds out of the bottom three.

Stats: Cardiff v Brighton

All the stats from Cardiff (0) vs (0) Brighton, Cardiff City Stadium, 3/12/16 Att:

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)

Brighton MotM
Suggested By:
Amos0%
Connolly0%
Morrison0%
Bamba0%
Bennett0%
Harris0%
Gunnarsson0%
Ralls0%
Whittingham0%
Gounongbe0%
Hoilett0%
Sub - Pilkington0%
Sub - Richardson0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Newcastle 19 13 1 5 40 21
2 Brighton 19 11 6 2 39 17
3 Reading 19 10 4 5 34 1
4 Leeds Utd 19 10 2 7 32 3
5 Birmingham 19 8 7 4 31 2
6 Sheff Wed 19 9 4 6 31 1
7 Norwich 19 9 3 7 30 4
8 Huddersfield 19 9 3 7 30 -3
9 Derby County 19 8 5 6 29 4
10 Fulham 19 7 7 5 28 9
11 Bristol City 19 8 3 8 27 4
12 Barnsley 19 7 4 8 25 3
13 Forest 19 7 4 8 25 1
14 Preston 19 7 4 8 25 1
15 Aston Villa 19 5 10 4 25 1
16 Ipswich 19 6 6 7 24 -2
17 Q.P.R. 19 6 5 8 23 -8
18 Brentford 19 6 4 9 22 -2
19 Burton 19 5 7 7 22 -4
20 Wolves 19 5 6 8 21 -3
21 Blackburn 19 5 5 9 20 -7
22 Cardiff 19 5 4 10 19 -12
23 Wigan 19 4 6 9 18 -5
24 Rotherham 19 1 4 14 7 -26
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)

Dec 10 2016 3:00PM : Ipswich Town (a)
Sky Bet Championship
Dec 13 2016 7:45PM : Wolverhampton Wanderers (H)
Sky Bet Championship
Dec 17 2016 3:00PM : Barnsley (H)
Sky Bet Championship
Dec 26 2016 1:00PM : Brentford (a)
Sky Bet Championship
Dec 30 2016 7:45PM : Brighton & Hove Albion (a)
Sky Bet Championship
Jan 2 2017 3:00PM : Aston Villa (H)
Sky Bet Championship
The Vital Football Members League