You seem to believe whatever reinforces your own view despite a lack of evidence.
I have the accounts from 2001 and 2011 in front of me. What were these healthy annual dividends and when were they paid?
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I’m sure you can find directors emoluments by scrolling through the accounts. I don’t think there is anything wrong with that as directors are entitled to expenses and in the grand scheme of things it’s a drop in the ocean.
I’ll just point out that I suggest he got most of what he was asking for back , if you don’t think so, we will agree to disagree. Ultimately he’s not held in high regard to the majority. He’s a bit like marmite.
You would also not know if he paid himself a wage - as it’s grouped together.
I did.
Directors' emoluments are nil until 2006, when the club started paying for consultancy services provided by WH Sports Group Ltd, which was Peter Ridsdale's company.
Dividends were also nil.
There were management charges paid to Rudgwick in 2003, 2004 and 2005 totalling over £1.3 million. However, Rudgwick also waived a loan of over £1.9 million to the club during the same period.
I saw the Rudgwick waiver ,but it depends what the waiver was for - it could have been for more shares.
You would also not know if he took a wage as they are all grouped together, but as I say it’s a drop in the ocean compared to the money he was asking back via Langston.
I looked at 2004 and directors emoluments are ~82,000
in 2005 ~ 42,700
I am looking at the audited accounts for Cardiff City Football Club (Holdings) Ltd for the year ended 31 May 2004 right now. Page 13. Section 5. Directors' emoluments - nil.
As for 'wages all grouped together', that's just nonsense. He was a director, not a cleaner.
But I give up. Believe what you will. It's of no consequence.
:thumbup:
You wouldn’t know if he took a wage regardless of his position, normally only the highest earner is listed. Directors can take a salary or dividend or both.
This article from Tony Clemo is interesting following the initial takeover.
Cardiff City still have to pay another £500,000 to Sam Hammam. Maybe that could be sidetracked and put in as compensation
Over six years, the club plunged into £30m of debt, but yesterday's £28m takeover is designed to raise £6.5m for Cardiff City and take out the £24m in loan notes guaranteed by Hammam.
https://www.walesonline.co.uk/sport/...sation-2281892
That's it.
Meanwhile, this story hasn't aged well!! https://www.theguardian.com/football...ry.cardiffcity
https://www.walesonline.co.uk/sport/...-wages-2212589
Sam issues writ for ‘loss of wages’ :hehe: