It would seem from listening to the comments on this afternoons radio that the Iestyn Harris situation where alleged poaching was at the forefront has cost the Bulls millions in compensation has a lot to do with the finacial mess that they are in.

A big problem for the Bulls is that they no longer own Odsal, so their assets are extremely small. Players cant really be classed as assets so what do they have left? An investor would want assets as a safeguard to any investment.

A big problem for the Bulls was that they let their fans watch top class SL Rugby League for Netto prices.

Absolute madness. What were they thinking of ?

Who was the target market ?

That's nonsense, mate. Very few clubs own their ground these days but they don't sell season tickets for a pittance.

What a Joke! What is the point of a points reduction? What is that for a punishment? The Bulls (and any team that enters Administration) should not be allowed to apply for a SL licence when the licence Farce is done next time. Whilst its tough on the fans thats what sorts a real fan from a bandwagoner which Bradford have a number of. Bradford have no assets. They have a real wage bill and I can see many people being put out of a job and thats a real sad to see. Whilst I dont want Bradford to disappear I hope that they end up in the Championship 1 and rebuild as they have been so arrogant as a club and refused to see the problems they have and cut costs accordingly. Fax amongst others have dropped down to the Championship after the club was ran badly. So why dont Bradford? No club is too big not to be in SL IMHO.

Agree with the general thrust of this post.

Think if you read my post correctly, I am aware they are in administration. Now that it a tad different from going bust.Perhaps you need to look this up Pal.!!

I may be wrong but arent most SL clubs owned by rich supporters?

No sympathy. Pay your taxes like the next business or person on the street why should they get away with it. Hope HMRC reject their proposal and demand the full amount they owe. If they can't pay then liquated and get rid.

The bit that suprises me is that people are shocked. Has the situation that Bradford are now in ever been any different in the 100 or so years for any club at one time or another? has it balls! The truth is sport mirrors the economy on many fronts but the biggest being Boom and Bust. We can blame who we want and Hurt when it happens. But life goes on and so will Bradford Bulls/Northern whatever they will be called. Next Year it will be someone else. In sport not many will make millions, but millions will experience the rollercoaster of success and failure. should it stop you watching it? NO. Will it stop some? YES.
They will be back though and so will Bradford!

It's not just the HMRC that will be out of pocket, what about those innocent suppliers who may be brought down as well.

RFL has to safeguard against this, oh, they already do it's called a Franshise!


RFL = FAIL