Ridsdale is fast losing support from City fans who are fed up of seeing the club skirt on the brink of being wound up in the high court.
The News of the World published a story (here) on the weekend that brought together the rumours that were floating about last week. They have been accurate in their off field reports before.
An online petition has been set up by supporters who have had enough of the Chairman. At the time of writing over 1400 people had signed it. Click here.
Director Steve Borley has met with new City director Tien Ghee in Malaysia and ahead of the Watford game on Sunday TG is expected in the UK.
Potentially some exciting times ahead or lurching from one crisis to the next? I guess we'll find out soon enough.
Firstly the club need to start getting some results on the pitch. Tonight at Coventry they are looking to avoid a 6th straight away defeat.
