Leeds - 'Lived The Dream' Man Cleared
UK time is: 00:30:24
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 357
2. erni 93
3. deslondon 92
4. King Billy 69
5. SimonTVW 52
6. Tiny T 51
7. Oyper 48
8. bago 22
9. ultraleeds 18
10. BtheD 16

League Table (view table)

Team P W D L GD Pts
7. Birmingham 4 2 2 0 3 8
8. Charlton 5 2 2 1 2 8
9. Burnley 5 2 2 1 0 8
10. Leeds Utd 5 1 4 0 1 7
11. MK Dons 5 2 1 2 1 7
12. Wolves 5 2 1 2 -1 7
13. Reading 5 1 3 1 1 6

Leeds Fixtures (view all)

Breaking League News

Late Win Delights Ramsey
Q.P.R. : 30/08/2015 00:00:01
Q.P.R. : 29/08/2015 23:48:00
Chery on Top
Q.P.R. : 29/08/2015 23:38:01
Karanka proud in victory
Middlesbrough : 29/08/2015 21:41:00
Boro surge to victory
Middlesbrough : 29/08/2015 21:30:01

Current Site Poll (view all polls)

How will Leeds do at Derby?
Suggested By:  
Win 44%
Lose 26%
Draw 30%