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FORUMS > Leeds Rhinos > Bradford lying to fans again?
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Quote: loinertillidie "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?'"



Don't you mean Caisley?

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Quote: rhinoholic "Don't you mean Caisley?'"


Yup. It's the day after the Dewsbury amateur derby. I am currently half blind, hung over and apparently stupid.

Which might not surprise some people.

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As Friday was a bank holiday and banks wont take any action on the weekend and Monday is a bank holiday I dont understand why the original deadline was 5pm Friday, why not 9am Tuesday which would be the next business day. It would also give them and extra few days in which to raise the money.

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Quote: jarvis12345 "As Friday was a bank holiday and banks wont take any action on the weekend and Monday is a bank holiday I dont understand why the original deadline was 5pm Friday.'"


It was obvious why. To stampede their 'fans' to Odsal and it worked...got their first 20,000 crowd in 7 years.

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Quote: miscreant "It was obvious why. To stampede their 'fans' to Odsal and it worked...got their first 20,000 crowd in 7 years.'"

Correct, and it worked this time quite successfully but it's not a sustainable policy preying on people's emotions and bringing out the begging bowls. Goodwill can only stretch so far and mine's already been used up.

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Maybe the board will take their cut before going bust.
Nice litttle earner for the out going board there.

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Quote: chapylad "Maybe the board will take their cut before going bust.
Nice litttle earner for the out going board there.'"


says on twitter they have reached £500000 and a full report about it in rl express tomorrow

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Quote: HAILESY "says on twitter they have reached £500000 and a full report about it in rl express tomorrow'"

That`s good news.
What will happen if they don`t get the next 500k?
Do the Board get a pay out or does the inland revenue, bank or SL get it?

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Todays T and A reporting that the debt is now £1.2 million...they are losing £100k a month..what a mess.

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Cue the feeding frenzy to commence to raise the remaining £500k. Could it be that GH has already done a deal with Hood to take one of their young players, hence the transfer of Pitts.

If they sell Bateman, Whitehead, Kopczak and L'Estrange could clear rest of debt and their wages off the balance sheet, at least they would have a club left. Go into administration all up for grabs.

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Some folk on here wondered wher the money raised would go, well here's the answer:
www.sportinglife.com/rugbyleague ... ml&BID=480

To the taxman & the players.
Everybody happy?
Some folk on here wondered wher the money raised would go, well here's the answer:
www.sportinglife.com/rugbyleague ... ml&BID=480

To the taxman & the players.
Everybody happy?


G1
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Quote: and staff "We can address a couple of the short term liabilities, particularly players and staff salaries and a tax bill, '"
Presumably Mr Hood and other directors fall into the "and staff" category?

Will that please those who pledged their hard earned?

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Administrator


Quote: G1 "Presumably Mr Hood and other directors fall into the "and staff" category?

Will that please those who pledged their hard earned?'"


Methinks people have been taken for mugs.

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Surely there can't be many who've pledged who didn't consider the potential pitfalls.

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How much of the £506k raised is down to pledges?
If for instance it is in the region of £400k and I read somewhere that you can expect to recover 80% of pledges made.
That means they might only get £320k which would still leave them short of around £74k.
How does that stack up or are they hopeful they will receive the full round of pledges?

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