The EGM meeting called to rubberstamp the land sale deal has been agreed which was expected freeing up a possible £1.8million in the sale for the club.
Chairman Peter Ridsdale won a kind of vote of no confidence when the question was put before the meeting, no surprise there. I cannot believe any Cardiff fans could have thought any vote on that subject could have ended in victory. Who in their right mind would want to takeover Ridsdale position as chairman with the club current financial situation?
Cardiff could have another winding up order has well as the taxman in April with one other creditor seeking payment with the club talking to them. More money will be paid to the taxman next week according to the club and the sooner, as the taxman is off the clubs back the better.
Chairman Peter Ridsdale won a kind of vote of no confidence when the question was put before the meeting, no surprise there. I cannot believe any Cardiff fans could have thought any vote on that subject could have ended in victory. Who in their right mind would want to takeover Ridsdale position as chairman with the club current financial situation?
Cardiff could have another winding up order has well as the taxman in April with one other creditor seeking payment with the club talking to them. More money will be paid to the taxman next week according to the club and the sooner, as the taxman is off the clubs back the better.
So the future of the club is firmly in the hand of Peter Ridsdale like it or not so I for one hope he can turn it around. He is said to be in talks with parties unknown a takeover or investment the sooner the better. His three-point plan for the future of Cardiff City is to sell the club, secure some much-needed investment and to cut costs.
The protest match is on the for the 6th March from the empty car park behind the Admiral Napier Pub at 1:30pm leaving for the stadium at 2pm.
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