Peter Ridsdale : biography
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 were in any way responsible for the club’s current plight.
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 had recruited him to help with their new stadium project, which eventually became Cardiff City Stadium. He became chairman in October 2006 after Sam Hammam stepped down. The clubs debts were estimated at £35m, and losing £10m each year, according to Ridsdale.
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. It has been alleged that the former Leeds chairman has flirted with disaster, trying to build a promotion-winning side while, at the same time, the Bluebirds have fought off four winding-up orders. Ridsdale was forced to apologise for "misleading" fans when he conceded money raised during Christmas period 2009 from season ticket renewals for 2011 had to be spent on settling debts rather than reinforcements.
He announced his intention to quit as Cardiff chairman at the end of May 2010, the play-off final loss to Blackpool at Wembley Stadium on 22 May 2010 his final game, with Malaysian Consortium head Dato Chan Tien Ghee taking over as part of a £6m deal for an estimated 30% of the club. The club was estimated to have between £10m and £30m of debt., and faced a fifth winding up order over a £1.9m tax bill on 16 June. The publishing of the financial accounts for year 2009 in August 2010 revealed that the clubs actual debt was £66 million, leading to concerns over the continued existence of the club.
Preston North End
Peter Ridsdale became the Preston North End chairman on the 6th December 2011. Within eight days of his appointment, Peter Ridsdale sacked the then Preston manager Phil Brown after only one win in eleven.