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Peter Ridsdale (born 11 March 1952 in Leeds) is an English businessman well known as acting as chairman of several football clubs, most notably Leeds United. He is currently fulfilling the role at Cardiff City.
[edit] HistoryRidsdale became chairman of hometown club Leeds United in 1997 and enjoyed success in the first four years of tenure as Leeds reached the UEFA Cup semi-final in 1999–2000 and the UEFA Champions League semi-finals in 2000–01. During this time he enjoyed a good relationship with the Leeds fans.[1] However, once the full extent of what Ridsdale and his board had done at Elland Road was discovered by the fans this relationship vanished and he is now best remembered by Leeds supporters for the financial nightmare that the club found themselves in. Under Ridsdale's stewardship the club borrowed £60m against future gate receipts, effectively gambling on Leeds qualifying for the Champions League in successive seasons, which they failed to do. Ridsdale has repeatedly denied any blame with regard to the later situation of the club[2] but has also conflictingly admitted it was a mistake to allow David O'Leary to spend so lavishly on players.[3] Ridsdale also claimed that he would have saved Leeds from subsequent relegations to the third tier of English football and the debt his board had incurred in the name of the club.[4] The fact remained however that by the time Ridsdale stepped down in March 2003, Leeds were £103 million in debt and failing on the field.[5] He was also the owner of Barnsley for a while, rescuing them from folding after dropping from the Premier League to Division Two and loss of revenue from the ITV Digital collapse. Some saw him as a major mistake at Barnsley as he nearly made the club go into liquidation before Gordon Shepherd and Patrick Cryne took over at Oakwell. He became deputy Chairman of Cardiff City, who recruited him to help with their new stadium project and became chairman in October 2006 after Sam Hammam stepped down.[6] In mid-2007 Ridsdale campaigned to become a member of the Football Association of Wales council and hoped to be elected as one of six south Wales representatives on Welsh football's ruling body. However when the vote took place in July he finished bottom of the candidates with just fourteen votes.[7] After Leeds' relegation to the third tier of the English league system for the first time in their history Ridsdale said he was "deeply saddened" by Leeds's relegation but stated that he did not believe that events during his tenure as Leeds chairman was in any way responsible for the club's current plight.[8] [edit] United We FallIn November 2007 Ridsdale released the book United We Fall: Boardroom Truths About the Beautiful Game making claims about incidents which had contributed to the downfall of Leeds United in the mid-2000s. Extracts were printed in The Sun and on their on-line page. Ridsdale made the following claims:
When responding to these claims David O'Leary called Peter "deranged" and suggested that Peter was 'two faced' with his comments compared to how the two's relationship had continued since both had left Leeds.[13] O'Neill later responded to the claims regarding him stating that he had taken part in discussions with Peter and had signed a conditional statement but "he insists that nothing legally-binding was put in place".[14] [edit] Notes
[edit] External links
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