The South Wales Echo has taken up the story that was in the News of the World regarding the possibility of chairman Peter Ridsdale leaving the club. In the News of the World the story was that, he would have to leave if the club was to receive the rumoured £6m of investment from the Malaysian. The story in the Echo is not so get out of the here just say he could go by the end of the month.
The Malaysian is due in Cardiff within days according the Echo and that could mean tomorrow’s game against Coventry could be Ridsdale last has chairman or at the latest Watford on Saturday. This all depends on the story being true and the £6m turning up.
From the both stories it looks like an investment more than a buy-out and the club through Ridsdale and director Alan Whiteley have been keeping in close contact with Dato Chan to move things along there has been no official comment for the club but for a source. The latest offering from the source, “Peter Ridsdale said from the start that his job was to help ensure the new stadium was completed – and bring in new investment.
“He will leave when those two factors are completed – and that could be as early as the end of this month.”
If Ridsdale were to go, Steve Borley would step in to help on the football side of the club, but would that be as chairman?
Some fans are already starting to celebrate planning to embellish the stadium with Malaysian flags but until it is official, I will be keeping my powder dry.
Ridsdale has been with the club for five years and all but the last few months since the ‘Golden Ticket’ fiasco most fans were happy with his stewardmanship at the club.
The Malaysian is due in Cardiff within days according the Echo and that could mean tomorrow’s game against Coventry could be Ridsdale last has chairman or at the latest Watford on Saturday. This all depends on the story being true and the £6m turning up.
From the both stories it looks like an investment more than a buy-out and the club through Ridsdale and director Alan Whiteley have been keeping in close contact with Dato Chan to move things along there has been no official comment for the club but for a source. The latest offering from the source, “Peter Ridsdale said from the start that his job was to help ensure the new stadium was completed – and bring in new investment.
“He will leave when those two factors are completed – and that could be as early as the end of this month.”
If Ridsdale were to go, Steve Borley would step in to help on the football side of the club, but would that be as chairman?
Some fans are already starting to celebrate planning to embellish the stadium with Malaysian flags but until it is official, I will be keeping my powder dry.
Ridsdale has been with the club for five years and all but the last few months since the ‘Golden Ticket’ fiasco most fans were happy with his stewardmanship at the club.
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