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What's going on at Cardiff?

I think I'm correct in saying that this is to do with the Bluebirds (football) and thir failure to pay a couple million pounds in Tax (I think, may have the figures wrong though). By all accounts, everything will be ok and they'll pay what they owe. But it's obvious that short term, the new stadium is causing some financial troubles.
 
<div class='quotetop'>QUOTE (dullonien @ Mar 3 2010, 02:39 PM) <{POST_SNAPBACK}></div>
I think I'm correct in saying that this is to do with the Bluebirds (football) and thir failure to pay a couple million pounds in Tax (I think, may have the figures wrong though). By all accounts, everything will be ok and they'll pay what they owe. But it's obvious that short term, the new stadium is causing some financial troubles.[/b]

Fair enough, but why does it list the rugby club:
<div class='quotetop'>QUOTE </div>
380 /2010 Cardiff Rugby Football Club Limited[/b]
 
<div class='quotetop'>QUOTE </div>
CARDIFF Rugby Football Club Limited was listed in court today over an unpaid tax bill.
The organisation, which runs both the Cardiff Blues and Cardiff Rugby Club, is in the Companies Court Winding Up List at Her Majesty’s Court Service in London.
The company has been in arrears with its tax bill, but executives said today that all the bills have been paid and the court hearing is just a “technicality.â€

Cardiff Blues chief executive Bob Norster said: “The hearing relates to a tax bill before Christmas but we sorted it out immediately.
“HM Revenue and Customs wrote to us and said there’s no case to answer.â€
Cardiff Rugby Club’s finance director Alan Doull added: “It’s just a legal technicality where somebody has to stand up in the court and say ‘yes they’ve paid the bill.â€
“We were about a month in arrears but we paid it and had a letter on February 1 to say it’ all sorted.â€[/b]
 
Christ, since the Bluebirds are in so much trouble the welsh media are like vultures.

The company do own a big debt to Peter Thomas (the chariman), but thats a different story. There is no reason why they cannot afford the tax bill and its just the western mail trying to sell some papers.
 

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