Vital Football

Latest PNE News

Seven-½-year ban for Ridsdale

Seven-½-year ban for Ridsdale

Not that he says he wants too anyway, but if he did Peter Ridsdale wouldn't be able to become a director at Preston, or any other club, for the next 7-½-years.

This ban has been placed upon him following an investigation into financial irregularities while he was with Cardiff.

An investigation centred around "payments totalling £347,000 made by Cardiff to Ridsdale between May 2007 and March 2009 during his spell as their chairman." This money was directed to WH Sports Group (WHSG) consultancy service, which was his company before it was liquidated in 2009 with liabilities of £478,698 and over £440,000 owed to HMRC.

Insolvency Service's Claire Entwistle said: 'As someone who has had many directorships, Mr Ridsdale ought to be aware of the responsibilities that come with such a position.

'The protection of limited liability is available to those who comply with their obligations as company directors.

'If those obligations are ignored, the protection will be withdrawn, as Mr Ridsdale has found to his cost.'

Ridsdale, as he told the official website, responded by saying: 'I can confirm that I have agreed a voluntary undertaking not to act as a company director as a result of ongoing issues with a personal matter which occurred in 2009.

'I am currently undertaking a role of 'Chairman of Football' at Preston North End but am not a director nor at any time have I sought to be one.'

His wife Sophie, also a previous co-director of WHSG, has been banned from becoming a company director until April 2016.

Ridsdale is still free to continue his role as chairman of The Lilywhites and every indication is that he'll be doing so anyway.

Apply To Be A Site Editor



Click here to join in the debate on the club forum.

Writer:Site Staff
Date:Wednesday October 3 2012
Time: 7:00PM

Login to post a comment

Best of Vital Network

Recent Preston North End Articles

A New Season A New Hight Court Streaming Block

The Premier League have been awarded a new High Court order blocking the delivery of 'streams' of live league games for the season of 2017/18.

Browne In The Bag

Browne, already under contract at Deepdale and not a player Preston had any immediate concerns about losing, has committed his long-term future to North End on a new three year deal.

Neil Reels In Fish-er

Neil has made Fisher his first signing. The Rotherham full back, who started his career at Celtic making 21 first team appearances, has signed a three year deal at Deepdale.

First Half Burnley Frustration For Neil

Alex Neil was delighted with Sean Maguire, who like fellow Cork City arrival Kevin O'Connor, made a second half debut and the forwards impact delighted the boss in the Burnley defeat.

Archived Vital PNE Articles

Vital PNE articles from

Site Journalists

Write for Vital PNE
Write For Vital PNE
Apply Here

Current Poll (see more polls)

Where does Alex Neil need to improve?
Suggested By:
Goalkeepers2%
Defenders81%
Midfielders0%
Forwards9%
Several areas4%
Nowhere really, squad looks strong4%
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Preston North End Results (view all)

Preston North End Fixtures (view all)

Write for Vital Football