Wednesday, February 24, 2010

Cardiff City drop to 6th as they head into E.G.M. Day

It's E.G.M. Day at the Cardiff City Stadium today where Bluebirds shareholders and The Supporters Trust can finally - and hopefully! - ask the questions about the short, medium and log-term future of the troubled club and get factual answers rather than the flowery flannel peddled by Peter Ridsdale.

I say hopefully as the E.G.M. is called by the club to approve the land sale around the stadium, a move that will raise funds to clear City's current tax debt with a winding up court hearing due March 11th with HMRC. That is the sole agenda item but there should/will be an Any Other Business section to the meeting, it remains to be seen how much time and lip service the club will devote to this as they should be set to face a wave of awkward questions and possible votes of no confidence in Chairman Peter Ridsdale and, maybe, the entire Board after the club have rung up record debts and problems, the full extent of them still aren't entirely in the public gaze.

24 hours after follow 2008 F.A. Cup finallists Portsmouth admiitted defeated in their bid to stave off financial ruin and will go into administration, supporters just want to know what's happened to their Golden Ticket season ticket money and, more importantly, if the club manage to get through this season, how they hope to perform given future season ticket monies are spent, all income streams have been sold or exhausted and the outgoings of the club (£1.2M per month on wages alone, let alone the Chairman's bonuses) are apparently out of control.


The club will, this morning, also be looking nervously over their shoulders in the play-off campaign as, after having cemented 4th spot with a sfaety margin, they suddenly find themselves occupying 6th place and the final play-off spot following Leicester's 1-0 victory at Doncaster last night.

City have traditonally fallen away in the 2nd half of the season and another year where they didn't bring in players in January leaves them painfully limited. City still enjoy at least a 4 point advantage, game(s) in hand and a vastly superior goal difference over sides below them but there will be fears they could run out of steam ... and players!

1 Newcastle 32 34 66
2 Nottm Forest 33 24 61
3 West Brom 32 29 60
4 Swansea 32 7 53
5 Leicester 32 8 51
6 Cardiff 31 18 49
7 Blackpool 33 10 47
8 Sheff Utd 32 1 45
9 Middlesbrough 33 6 44

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