As I understand it due diligence is fine provided numbers provided aren't a complete fabrication. I understand that the current directors intend to take legal action.

Even if I agreed with the reasoning of the other clubs, which I don't, why did they elect to stop it for two years. Of all those involved as fans, players owners past and present, creditors etc about the only ones who this had no impact on were those that took the club to the sorry state they found themselves in. They were long gone. IMO the "new" Bradford were hamstrung from the off.

As good as the golden glow of the world cup felt, it won't help us much if there are an ever reducing pool of professional clubs to hold the interest of the newly converted.

As a matter of interest do we know who the clubs were that voted to halve the Bulls money?

Well Leeds certainly didn't vote to share the money amongst the clubs.

The whole point of due diligence - is for the buyer to get a true picture of the condition of the business - if the auditors doing the investigation don't ask the correct questions you cannot blame the incumbent.

It's not the same as buying a business.
If part of the reason is to save the club you will do so even if there are unknowns or bad management in the past.
It's not like they are looking to turn a profit.

I have a brilliant idea

Lets write to all the Bulls fans, tell them the club is in need of cash and needs the raise say £500,000 by a certain date. Ask them to pledge funds and then watch it all go down the drain. Do not give them any shares in the club, but let the club use it to pay off debts. Then again, I think they have used this idea before to no avail.

The whole thing is utter incompetence on a grand scale, it beggars belief it really does!

Thank you,some common sense from our nearest and dearest

If you are putting your money or your reputation at stake you would want to know what you are dealing with - well I would. The profit thing is non-issue, this is still a limited company with numerous sizeable liabilities.

It got Peter Hood out of a personal hole though!!

Yes it did

This is just complete conjecture as I haven't really looked into it, but in general, there is a lot of money in rugby in the south of France. Maybe there is an opportunity for tolouse to enter super league. With the (what I would call) success of Catalans, potentially tolouse could progress similarly and replace London?

Good idea, it worked really well when they couldnt compete in the Championship

So when Khan and Sutcliffe tethered their combined business brains to the Bulls bandwagon, they were deep in the hole with unfathomable, unserviceable debts. They appointed Whitcut, who was so stupid he "forgot" that a tax bill was coming due and almost got them wound up.

Good to see things have really moved on since then.