Cardiff City FC

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• Manager:Dave Jones

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Ridsdale dismisses crisis talk

26 Nov 2009 - 11:56:01

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Cardiff City chairman Peter Ridsdale has allayed fears that the club's financial position is dire after the Bluebirds were forced to attend a court hearing over an unpaid tax bill.

City have been given 70 days to settle the debt and face a further hearing on February 3 when, if it is still outstanding, the club could face being wound up.

Ridsdale insisted: "We've held our hands up and given them the cash and as far as we're concerned that's the end of the matter.

"There's no issue. We've paid them quite a lot of money. There's a small amount outstanding and we've agreed a payment schedule.

"We have sufficient funds to satisfy them and everything else we're doing. We did have an issue, but it's been resolved. I'm more than happy.

"The case was put off in case we don't keep up with the payment schedule. But we're sticking to it. I fully expect the judge to say 'Cardiff City have been good boys'."