FORUMS FORUMS



  
FORUMS > Leeds Rhinos > Bradford lying to fans again?
61 posts in 5 pages 
<<   PREV  NEXT   >>
FGB
RankPostsTeam
Player Coach1208
JoinedServiceReputation
Sep 200915 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Seems like the deadline for the 500k has now miraculously been changed to 9th at 5pm.
Anyone else that pledged/donated last night feel conned?

RankPostsTeam
Player Coach2176No
Team
Selected
JoinedServiceReputation
Feb 201015 years
OnlineLast PostLast Page
May 2014May 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



They're not getting a penny out of me. I think the whole sorry tale stinks.

RankPostsTeam
International Board Member7762No
Team
Selected
JoinedServiceReputation
Feb 200322 years
OnlineLast PostLast Page
Apr 2023Jan 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: FGB "Seems like the deadline for the 500k has now miraculously been changed to 9th at 5pm.
Anyone else that pledged/donated last night feel conned?'"

Well it always seemed quite convenient to me that the deadline for this first 500k just happened to coincide with the Leeds game. So it doesn't really surprise me that they've moved the goalposts now that they haven't quite hit the target.

RankPostsTeam
International Board Member7762No
Team
Selected
JoinedServiceReputation
Feb 200322 years
OnlineLast PostLast Page
Apr 2023Jan 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Ouzo "They're not getting a penny out of me. I think the whole sorry tale stinks.'"

Agreed. They got my ticket money in fairness, but they get that every year.

RankPostsTeam
Player Coach11658
JoinedServiceReputation
Sep 200717 years
OnlineLast PostLast Page
Sep 2018Aug 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: GCM1980 "Agreed. They got my ticket money in fairness, but they get that every year.'"


Ditto

RankPostsTeam
Player Coach247No
Team
Selected
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Apr 2012Apr 2012LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



While I do honestly wish the best for the bulls, they set a target to raise half of the money needed. They haven't even hit that.

The whole thing is down the financial mismanagement (waisting money on masses of fireworks and smoke at the tunnel etc..) of a now underachieving club. A huge lack of business acumen all-round (They now have no assets or collateral to encourage a buyer after giving the RFL Odslum to wipe out the debts with the RFL) and a massive risk (the season tickets) turning into a gigantic flop.

I would have been horrified to see stupid things like fireworks if my club were asking fans to donate and even local kids to hand over their pocket money. At least they didn't have the usual chav on a go kart!

A further question is raised if it comes to missing the target, does the raised money simply become part of Bradford Bulls or have they established a company to handle all the funds that have been raised to prevent donations going down with a sinking ship?

Would the Bulls be better entering into administration and then being purchased for £1 by someone who can pay off the debt and start fresh? Im sure that the recently graded 'Grade B licence' club (The RFL need to be able to pay rent for Odslum) won't be punished into the Championships anyway!

Just some thoughts. Perhaps Bradford should have been saving for a rainy day! Are they saving Bradford Bulls or are they saving the owners who put them into the mess?

RankPostsTeam
Player Coach4934
JoinedServiceReputation
Aug 200816 years
OnlineLast PostLast Page
Oct 2022Dec 2020LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



It would seem that the PR skills of he Bull's board of directors are as bad as their finanacial management skills.

The whole episode has a fishy smell to it. I may have missed something but normally when a company has financial difficulties it looks to it's shareholder to stump up first. Did this happen?

If the shareholders were not prepared to inject more capital then it seems a bit of a cheek to ask the supporters to find 500K. Had some sort of shareholding been offered to those that made the full pledge then it could have raised more funds IMO.

Has money, that could have paid off the tax bills etc, been used to reduce the overdraft and so reduce the Directors personal guarantees? It is all as muddy as the Odsal pitch.

RankPostsTeam
Player Coach716No
Team
Selected
JoinedServiceReputation
Mar 200718 years
OnlineLast PostLast Page
Nov 2014Nov 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: GCM1980 "Well it always seemed quite convenient to me that the deadline for this first 500k just happened to coincide with the Leeds game. So it doesn't really surprise me that they've moved the goalposts now that they haven't quite hit the target.'"

If they moved them last night, would Sinfield have got the extras??

RankPostsTeam
Club Owner6727No
Team
Selected
JoinedServiceReputation
Mar 200421 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



This is probably my ignorance on the situation but, what happens if they raise the first 500k then fail to get up to the 1 million, will the people who contributed to the first half get their money returned or is it accounted for after the 9th?

RankPostsTeam
Player Coach2176No
Team
Selected
JoinedServiceReputation
Feb 201015 years
OnlineLast PostLast Page
May 2014May 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Seth "This is probably my ignorance on the situation but, what happens if they raise the first 500k then fail to get up to the 1 million, will the people who contributed to the first half get their money returned or is it accounted for after the 9th?'"


I'd expect them to lose it.

RankPostsTeam
International Chairman32466No
Team
Selected
JoinedServiceReputation
Feb 200223 years
OnlineLast PostLast Page
Aug 2018Aug 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Seth "This is probably my ignorance on the situation but, what happens if they raise the first 500k then fail to get up to the 1 million, will the people who contributed to the first half get their money returned or is it accounted for after the 9th?'"


I think we all know the answer to that one and I think that's why some of the more savvy Bulls fans are getting a bit twitchy about what happens now, its fairly obvious that being so close to the target, and assuming that the target of £500k was a genuine target in the first place, they are going to continue trading for a short while but where will the second tranche of £500k come from, or indeed is a second £500k required, for what, and over what time frame ?

IF the current business continues and then fails later on in the season and is reconstituted as another trading company, how much goodwill is going to be lost with the casual and floating supporters (and the last ten days suggests there are a lot of those) and how heavily will this cost the new company, its one thing to have your company fail from a cashflow problem but you always keep your eyes open for the escape route and destroying your customer trust is probably the worst thing you can do.

RankPostsTeam
International Chairman16239No
Team
Selected
JoinedServiceReputation
Apr 200223 years
OnlineLast PostLast Page
Sep 2024Oct 2012LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: McLaren_Field "IF the current business continues and then fails later on in the season and is reconstituted as another trading company, how much goodwill is going to be lost with the casual and floating supporters (and the last ten days suggests there are a lot of those) and how heavily will this cost the new company, its one thing to have your company fail from a cashflow problem but you always keep your eyes open for the escape route and destroying your customer trust is probably the worst thing you can do.'"

Indeed.

A lot more damage will be done if the board cash in the pledges next week only for the club to limp along for a few more months then go bust, than if they were to announce on Tuesday morning that they hadn't been able to come up with enough to support the pledge total and call in the administrators then.

I can only assume that the further delay to the announcement is to give them more time to try and find that extra financial support they claim is necessary.

RankPostsTeam
Player Coach19234No
Team
Selected
JoinedServiceReputation
Sep 200717 years
OnlineLast PostLast Page
Feb 2016Feb 2016LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



I can understand fans desperate to save their club i honestly can but pledging 500k and then another 500k is needed later this month would you seriously TRUST this regime with that amount of money??
Far too many un-answered questions and the blame seems to be everywhere except where it should be pointed to.

RankPostsTeam
Player Coach1820No
Team
Selected
JoinedServiceReputation
Mar 200718 years
OnlineLast PostLast Page
Jun 2024Jun 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Wonder how many Bulls fans will be waking tomorrow expecting the Easter Bunny to have left choccy eggs?
Most of those who pledged I presume

RankPostsTeam
Club Owner6881No
Team
Selected
JoinedServiceReputation
Aug 200321 years
OnlineLast PostLast Page
Apr 2021Aug 2020LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



I heard tell that Kearsley has once again offered to take the club on again, but has once again stated that if he does he doesn't want ANY of the current board. Apparently, once again, the current board have politely refused his offer.
So have the board asked their majority shareholder for money? Yes.
Is their interest in the wellbeing of the club secondary to their own interest? Who's to say?

61 posts in 5 pages 
<<   PREV  NEXT   >>
61 posts in 5 pages 
<<   PREV  NEXT   >>



All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.

Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.

RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.

Copyright 1999 - 2024 RLFANS.COM

You must be 18+ to gamble, for more information and for help with gambling issues see https://www.begambleaware.org/.



Please Support RLFANS.COM


2.0263671875:10
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
21m
Film game
Boss Hog
5858
40m
Transfer Talk V5
Jack Burton
546
51m
Pre Season - 2025
ComeOnYouUll
211
60m
ALL NEW 49ERS ERA LEEDS UTD THREAD
MeanwoodGuy
2630
60m
2025 Squad Numbers
The Dentist
4
Recent
Ground Improvements
Another Cas
232
Recent
2025 Shirt
--[ WW ]--
27
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
46s
2025 Squad Numbers
The Dentist
4
54s
Film game
Boss Hog
5858
1m
Realistic targets for 2025
Jake the Peg
139
3m
Mike Cooper podcast
Wires71
10
4m
Season pass roll call
Armavinit
38
6m
Cornwall has a new owner
CM Punk
2
7m
Salford placed in special measures
FIL
112
7m
Fixtures
northernblok
17
8m
ALL NEW 49ERS ERA LEEDS UTD THREAD
MeanwoodGuy
2630
8m
Super League
FIL
25
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
2025 Squad Numbers
The Dentist
4
TODAY
England Women Las Vegas train-on squad
RLFANS News
1
TODAY
Quiz night
H.G.S.A
1
TODAY
Co-Captains for 2025
MjM
15
TODAY
Cornwall has a new owner
CM Punk
2
TODAY
Callum Shaw
Wanderer
1
TODAY
Squad Numbers
phe13
4
TODAY
Rhinos squad numbers
Rixy
1
TODAY
Squad numbers
Warrior Wing
8
TODAY
Mat Crowther pre season update
Dunkirk Spir
1
TODAY
Mike Cooper podcast
Wires71
10
TODAY
Shirt reveal coming soon
vastman
48
TODAY
Opening Championship and League One Fixtures for 2025 Released
RLFANS News
1
NEWS ITEMS
VIEWS
POSTSONLINEREGISTRATIONSRECORD
19.65M 1,858 80,15614,103
LOGIN HERE
or REGISTER for more features!.

When you register you get access to the live match scores, live match chat and you can post in the discussions on the forums.
RLFANS Match Centre
 Thu 13th Feb 2025
     Mens Super League XXX-R1
20:00
Wigan
v
Leigh
 Fri 14th Feb 2025
     Mens Super League XXX-R1
20:00
Hull KR
v
Castleford
20:00
Catalans
v
Hull FC
 Sat 15th Feb 2025
     Mens Super League XXX-R1
15:00
Leeds
v
Wakefield
17:30
St.Helens
v
Salford
       Championship 2025-R1
18:00
Toulouse
v
Widnes
 Sun 16th Feb 2025
     Mens Super League XXX-R1
15:00
Huddersfield
v
Warrington
       Championship 2025-R1
15:00
Bradford
v
LondonB
15:00
Featherstone
v
Doncaster
15:00
Oldham
v
York
15:00
Sheffield
v
Halifax
15:00
Barrow
v
Hunslet
 Thu 20th Feb 2025
     Mens Super League XXX-R2
20:00
Wakefield
v
Hull KR
 Fri 21st Feb 2025
     Mens Super League XXX-R2
20:00
Warrington
v
Catalans
20:00
Hull FC
v
Wigan
 Sat 22nd Feb 2025
     Mens Super League XXX-R2
15:00
Salford
v
Leeds
20:00
Castleford
v
St.Helens
 Sun 23rd Feb 2025
     Mens Super League XXX-R2
14:30
Leigh
v
Huddersfield
       League One 2025-R1
15:00
Cornwall
v
Workington
15:00
Dewsbury
v
Crusaders
ALL SCORES PROVIDED BY RLFANS.COM (SETTINGS)
Matches on TV
Thu 13th Feb
SL
20:00
Wigan-Leigh
Fri 14th Feb
SL
20:00
Hull KR-Castleford
SL
20:00
Catalans-Hull FC
Sat 15th Feb
SL
15:00
Leeds-Wakefield
SL
17:30
St.Helens-Salford
Sun 16th Feb
SL
15:00
Huddersfield-Warrington
Thu 20th Feb
SL
20:00
Wakefield-Hull KR
Fri 21st Feb
SL
20:00
Warrington-Catalans
SL
20:00
Hull FC-Wigan
Sat 22nd Feb
SL
15:00
Salford-Leeds
SL
20:00
Castleford-St.Helens
Sun 23rd Feb
SL
14:30
Leigh-Huddersfield
Fri 28th Feb
SL
20:00
Huddersfield-Hull FC
SL
20:00
Hull KR-Salford
SL
20:00
Leigh-Catalans
Sat 1st Mar
SL
14:30
Wakefield-St.Helens
SL
21:30
Wigan-Warrington
Sun 2nd Mar
SL
15:00
Leeds-Castleford
Thu 6th Mar
SL
20:00
Hull FC-Leigh
Fri 7th Mar
SL
20:00
Castleford-Salford
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 29 768 338 430 48
Hull KR 29 731 344 387 44
Warrington 29 769 351 418 42
Leigh 29 580 442 138 33
Salford 28 556 561 -5 32
St.Helens 28 618 411 207 30
 
Catalans 27 475 427 48 30
Leeds 27 530 488 42 28
Huddersfield 27 468 658 -190 20
Castleford 27 425 735 -310 15
Hull FC 27 328 894 -566 6
LondonB 27 317 916 -599 6
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 27 1032 275 757 52
Toulouse 26 765 388 377 37
Bradford 28 723 420 303 36
York 29 695 501 194 32
Widnes 27 561 502 59 29
Featherstone 27 634 525 109 28
 
Sheffield 26 626 526 100 28
Doncaster 26 498 619 -121 25
Halifax 26 509 650 -141 22
Batley 26 422 591 -169 22
Swinton 28 484 676 -192 20
Barrow 25 442 720 -278 19
Whitehaven 25 437 826 -389 18
Dewsbury 27 348 879 -531 4
Hunslet 1 6 10 -4 0
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
21m
Film game
Boss Hog
5858
40m
Transfer Talk V5
Jack Burton
546
51m
Pre Season - 2025
ComeOnYouUll
211
60m
ALL NEW 49ERS ERA LEEDS UTD THREAD
MeanwoodGuy
2630
60m
2025 Squad Numbers
The Dentist
4
Recent
Ground Improvements
Another Cas
232
Recent
2025 Shirt
--[ WW ]--
27
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
46s
2025 Squad Numbers
The Dentist
4
54s
Film game
Boss Hog
5858
1m
Realistic targets for 2025
Jake the Peg
139
3m
Mike Cooper podcast
Wires71
10
4m
Season pass roll call
Armavinit
38
6m
Cornwall has a new owner
CM Punk
2
7m
Salford placed in special measures
FIL
112
7m
Fixtures
northernblok
17
8m
ALL NEW 49ERS ERA LEEDS UTD THREAD
MeanwoodGuy
2630
8m
Super League
FIL
25
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
2025 Squad Numbers
The Dentist
4
TODAY
England Women Las Vegas train-on squad
RLFANS News
1
TODAY
Quiz night
H.G.S.A
1
TODAY
Co-Captains for 2025
MjM
15
TODAY
Cornwall has a new owner
CM Punk
2
TODAY
Callum Shaw
Wanderer
1
TODAY
Squad Numbers
phe13
4
TODAY
Rhinos squad numbers
Rixy
1
TODAY
Squad numbers
Warrior Wing
8
TODAY
Mat Crowther pre season update
Dunkirk Spir
1
TODAY
Mike Cooper podcast
Wires71
10
TODAY
Shirt reveal coming soon
vastman
48
TODAY
Opening Championship and League One Fixtures for 2025 Released
RLFANS News
1
NEWS ITEMS
VIEWS


Visit the RLFANS.COM SHOP
for more merchandise!