Cardiff City Chairman Bites Back At Huw

Sunday, 17 May 2009, 8:01
1 min read

The Swansea City chairman was critical of the way that some clubs were run on a spend spend spend policy – a policy that the Swans have shrewdly swayed away from in recent years.

Jenkins said "One approach in the Championship is to dish our big deals in the hope that the return will be promotion.

"If the club ends up staying where they are one of the key assets must be then sold to balance the books.

"Cardiff have done it that way.  They try to offload a player for £5m or £6m every year – a very risky way of doing it.   If that sale doesn't come off you've potentially got a £5m defecit.  We won't gamble in that way."

But Ridsdale, overseeing debts of £33m at Cardiff hit back in today's Wales on Sunday and said “I do not comment on how other clubs run their business and I do not expect them to comment on how we run ours,” said

“We will do what we believe is best for Cardiff City.

“In the past we had to sell to survive.  That is not the case any more.

“When I arrived at the club we had major debt, and the main question was whether we would be able to carry on. But, as time evolves, we have to maximise our true opportunities – which is investment in the stadium, getting rid of the debt and taking this club forward."

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