Page last updated at 17:47 GMT, Saturday, 30 January 2010

Cardiff City supporters protest over chairman Ridsdale

Cardiff City fans protesting against chairman Peter Ridsdale
Cardiff City supporters held a protest outside the stadium following the team's 2-1 win over Doncaster Rovers

About 200 Cardiff City fans held a protest at the club after Saturday's home game in protest at club chairman Peter Ridsdale's handling of finances.

Mr Ridsdale has apologised after money from advance season tickets which fans thought would buy new players was used to settle debts by the club.

Some of the supporters held up signs saying, "Where's my money gone?".

The supporters' trust is demanding the club's board gives a full picture of Cardiff's finances.

The protest was held outside the entrance of the stadium following Cardiff's 2-1 victory over Doncaster Rovers.

Many had banners and chants for Mr Ridsdale to leave the club were made.

It lasted around 30 minutes before dispersing.

It follows a row over how money from season ticket sales has been used.

Peter Ridsdale has been trying to find new investors for the club
Peter Ridsdale has been trying to find new investors for the club

Around 10,000 Cardiff fans bought season tickets for 2010/11 after the club told them the cash raised would be used to bring in new players.

But with a winding up order brought by Her Majesty's Revenue and Customs due in court on February 10, the club has since admitted it will use the cash to settle debts.

Mr Ridsdale apologised to fans on Thursday and insisted misleading them was not deliberate. He said no advance season ticket fees would be repaid unless the club reached the Premiership.

The club says it has been in discussions with potential overseas investors.

The supporters' trust, which has 700 members after less than a year in existence, will first hold an open meeting on Monday. It would need 5% of shareholders to be in agreement before an extraordinary general meeting (EGM) could be forced.



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SEE ALSO
Supporters reject Cardiff apology
29 Jan 10 |  Cardiff
Cardiff chairman Ridsdale to stay
28 Jan 10 |  Cardiff
Cardiff fans want crisis meeting
28 Jan 10 |  Cardiff
Cardiff crisis ends transfer hope
27 Jan 10 |  Cardiff

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