Vital Football

Latest Cardiff City News

Cardiff City Future Safe

Cardiff City Future Safe

The future of Cardiff City Football Club Limited was laid out today at an Extraordinary General attended by most of the club`s shareholders. The newly installed Chairman Peter Ridsdale detailed plans for the re-organisation of the Club's finances to secure the club a secure financial footing, and proposed a new 'transparent` chairmanship without the hidden agendas that blighted Sam Hammam`s tenure.

A new board of director`s was introduced to the attendees:

Chariman Peter Ridsdale introduced the new board members to join himself and ex-Chairman and well respected figure Steve Borley:


'As we sit here today, Cardiff City Football Club Holdings Limited has a new board of directors - those of us who were left, Steve and I had a meeting to appoint the new board. I am delighted to announce that the new board as of this moment consists of myself, Alan Whitely, who recently took over as company secretary and has been working with us for many years.'

'Steve Borley, who I am sure needs no introduction is still on the board; as is Mike Hall, who again to anybody in Cardiff needs no introduction has joined the boardroom.'

London-based businessman Jonathan Crystal and Ned Hammam (brother of Sam) have stepped down from the board.


Ridsdale also revealed financial plans for Cardiff City`s proposed new stadium, with the final arrangements been made before building can begin on the Leckwith site.

Although expected, this is good news for Cardiff City and the takeover is now officially complete. The loan notes have been written off and the club is on a surer standing financially. Hopefully some funds will be made available immediately for team strengthening and Cardiff can concentrate on matters on the field after a dire series of results.




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

Writer:Bluebirdshroom
Date:Monday January 15 2007
Time: 1:13PM

Comments

0
No sign of any money men amoung that list I see, so where are you likely to get your transfer kitty from?
Goochy
15/01/2007 13:40:00
0
well with this stadium hopefully money will flow in and the trainin facilities will be at top notch and then the likes of alan smith would love to join on loan
bluebird04
15/01/2007 21:20:00
0
Good luck to Cardiff with Ridsdale and his financial plan. He wrecked Leeds single handed, lucky they are still in existance!!
Greybeard
17/01/2007 09:30:00
Page 1/1
  1. 1

Login to post a comment

Recent Cardiff City Articles

Vorsprung Durch Unbeaten

A Peter Whittingham penalty in our final game of the German tour against Bochum saw Cardiff head back to Wales unbeaten.

New Rules For 2016/17 - Reminder

With only a few weeks to go until proper football returns following our (again) unsuccessful...

FA Cup Set For 4th Sub Trial

The Football Association have confirmed that if IFAB approval is given, the FA Cup in 2016/17...

Premier League 2 Ends B Team Talk

Premier League chief executive Richard Scudamore has been speaking about the introduction of Premier League 2 for the 2016/17 season, and he's also spoken about how it should end...

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
Marshall5%
Peltier2%
Connolly16%
Turner8%
Malone2%
Noone2%
O'Keefe2%
Whittingham2%
Lawrence2%
Pilkington24%
Immers8%
Sub - Zohore0%
Sub - Harris0%
Sub - Ecuele Manga27%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Aston Villa 0 0 0 0 0 0
2 Barnsley 0 0 0 0 0 0
3 Birmingham 0 0 0 0 0 0
4 Blackburn 0 0 0 0 0 0
5 Brentford 0 0 0 0 0 0
6 Brighton 0 0 0 0 0 0
7 Bristol City 0 0 0 0 0 0
8 Burton 0 0 0 0 0 0
9 Cardiff 0 0 0 0 0 0
10 Derby County 0 0 0 0 0 0
11 Fulham 0 0 0 0 0 0
12 Huddersfield 0 0 0 0 0 0
13 Ipswich 0 0 0 0 0 0
14 Leeds Utd 0 0 0 0 0 0
15 Newcastle 0 0 0 0 0 0
16 Norwich 0 0 0 0 0 0
17 Forest 0 0 0 0 0 0
18 Preston 0 0 0 0 0 0
19 Q.P.R. 0 0 0 0 0 0
20 Reading 0 0 0 0 0 0
21 Rotherham 0 0 0 0 0 0
22 Sheff Wed 0 0 0 0 0 0
23 Wigan 0 0 0 0 0 0
24 Wolves 0 0 0 0 0 0
Latest F1 News
Latest Vital Boxing News

Recent Cardiff City Results (view all)

Cardiff City Fixtures (view all)