Leeds - 'Lived The Dream' Man Cleared
UK time is: 02:20:24
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

'Lived The Dream' Man Cleared

Former chairman Peter Ridsdale has been cleared of any purposeful wrongdoing in Leeds' calamitous financial meltdown.

Ridsdale and former directors Allan Leighton, the current Royal Mail chief, Stephen Harrison and non-executive director Richard North will not face any action from the Government's Insolvency Service after the club ran up debts of more than 100million.

The Insolvency Service have spent almost 18 months studying Ridsdale's role in the club's financial collapse following a huge spending spree on players and wages from 2000 to 2003.

Ridsdale and the four other directors have officially been told by the Insolvency Service there is no evidence of any malpractice and there are no plans to initiate disqualification proceedings.

Ridsdale infamously declared 'United had lived the dream' before quitting the club in April 2003.





Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Register on this site via the drop down menu and leave feedback to this story below or click here to join in the debates on the forum.

Go on, get vitalled!

The Journalist

Writer:  Mail feedback, articles or suggestions

Date:Thursday January 5 2006

Time: 11:07AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Leeds Articles

Archived Leeds Articles

List All Vital Leeds Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

Vital Members League (view all)

1. dazza71 34
2. King Billy 6
3. Oyper 6
4. erni 4
5. iwa 4
6. Tiny T 4
7. ultraleeds 3
8. Spanky White 3
9. deslondon 3
10. L33D5 2

League Table (view table)

Team P W D L GD Pts
13. Huddersfield 0 0 0 0 0 0
14. Hull City 0 0 0 0 0 0
15. Ipswich 0 0 0 0 0 0
16. Leeds Utd 0 0 0 0 0 0
17. Middlesbrough 0 0 0 0 0 0
18. MK Dons 0 0 0 0 0 0
19. Preston 0 0 0 0 0 0

Leeds Fixtures (view all)

Breaking League News

Former Owls Midfielders Sign Deals in Football League
Sheff Wed : 03/08/2015 21:25:01
Carvalhal Comments on Joao's Potential and Credentials
Sheff Wed : 03/08/2015 21:03:01
Ticket Details Released for Boro Clash at S6
Sheff Wed : 03/08/2015 20:20:00
No Serious Ulvestad Damage
Burnley : 03/08/2015 20:19:01
Duff - I Enjoyed It
Burnley : 03/08/2015 20:06:01

Current Site Poll (view all polls)

Best signing of the summer so far?
Suggested By:  
Ross Turnbull 5%
Charlie Horton 5%
Tom Adeyemi 14%
Lee Erwin 7%
Chris Wood 33%
Sol Bamba 36%