Showing posts with label Ridsdale. Show all posts
Showing posts with label Ridsdale. Show all posts

Friday, 4 July 2008

Cardiff City's losses this year

5 million pounds.

Cardiff city Chairman Peter Ridsdale's bonus this year (on top of wages of half a million +) £500,000.

Nice work if you can get it.

Last night British MP' in Westminster voted down a measure to scrutinise their expenses more closely- meaning any expense for under £25 needs no receipt. And they still get up £25,000 for refurbishing their second homes in London (even if they live in outer London).

My sources say "that would pay for a lot of nurses... and rollercoasters."

Wednesday, 14 November 2007

ha-

http://football.guardian.co.uk/Columnists/Column/0,,2210635,00.html

The curse of Ridsdale stikes again.

"A High Court hearing scheduled for next week that could determine the future of Cardiff City has been postponed until next month. The Swiss investment bank Langston is seeking £24m it claims it is owed by the club as part of a deal struck when Peter Ridsdale took over from Sam Hammam. Although Hammam has regularly acted as Langston's "intermediary", he refuses to confirm whether he has a formal connection. Langston has applied for a summary judgment which, if successful, would tip the club into administration, but Ridsdale is privately confident the club will succeed when the case is heard in early December."

The guy's record is a nightmare. Leeds Meltdown. Barnsley Meltdown. Cardiff Meltdown. His record for financial incompetence is as certain as Ken Bates' for financial impropierty. What I love is the statement "Ridsdale is privately confident" , I am sure he was privately supremely confident that Leeds' debt would not spiral to £103 million too.