Interesting thought being floated on the VT, which is that the RFL decision to take the Odsal lease in exchange for funds they were owed was done in the full knowledge that the Bulls were knee deep in the mire and to protect the lease on Odsal being sold as part of any future admin/liquidation.

So if the Bulls do re-emerge out the other side of whatever awaits them in the future, they will have a sympathetic landlord with a stadium waiting for them to occupy, rather than having to move into somewhere like Valley Parade.

A club always requires someone well versed in the dark arts to pull that off successfully.

Bradford Bulls (2012) Ltd?

Redundancies and a pre-pack?

RFL better hold on to its next tranche of money?

That statement would amount to heresy on this forum several years ago! I recall someone making that very same point all those years ago, even when Bradford were a dominant force

I'm no insolvency expert, but if there is administration, wouldn't the sale of the Odsal lease to cover debts owed to one creditor be a preference which may have to be unwound?
Could also get the directors into a lot of trouble?

Also, the Bulls media machine appear to be trying to blame RBS for their current predicament because of the reduction in facilities, but if the club has sold off its major asset (which may have been used as security for the overdraft) then a reduction in facilities would seem the sensible course of action by any cautious (and state-owned) lender

Clearly not.

I purchased a Bulls season ticket for £60 last year for no other reason than to help them out of their financial mess. I hardly attended any of their home fixtures.

£100? No chance. I've done my bit.

This isn't something that has happened overnight nor in the last few months so how come they could produce a tender for a licence and have one granted.

I've read the reports about this 'current' financial crisis but nowhere have I seen what the directors, players etc are going to do to help the situation. Only seem to be asking fans and sponsors for pledges to dig them out of this mess.

One must question the business acumen of the Board signing new players when they knew (or should have known) the dire straights the club was in.

If they do get themselves out of this mess (or someone bales them out) perhaps they will think twice about "persuading" players to sign for them when they have a condition in their contract release that prohibits this.

Why didn't the Board sell the ground to Bradford Council who could use it as a landfill site and the Bulls move into Valley Parade?

Brewery p*** up and organise spring to mind

I blame Sammut.

I posted this on RAAB earlier this morning. To quote the late great Trevor Foster :-

"In December 1963 Bradford Northern folded. They had severe financial problems and resigned from the Rugby Football League. I was working at the time for Bradford Education Department as Schools Welfare Officer and I had access to local councillors and other influential people in the city. I felt that we couldn't let this great club die and I organised a meeting, which took place at the Bay Horse Inn at Dudley Hill. Significantly there were thirteen people at that meeting and we formed a committee aimed at getting the club re-formed."

"We met on a regular basis and gradually got support from all over the country. Eventually we called a Public Meeting at St George's Hall to see what backing we had in the city for reforming the club. Depending on the outcome of this meeting, the club would either die completely or be resurrected. At that time I got in touch with former Bradford player Joe Phillips. Joe was a New Zealander who had played for Bradford. He was a very eloquent speaker and had a great passion for the club. He chaired the public meeting and the outcome was that we raised £1000 on the night. St George's Hall was packed and gave us the backing that we needed to save the club. I then wrote to Bill Fallowfield at the Rugby Football League and asked to be included in the fixtures for 1964 and we were accepted. I still have the letter and I have been offered quite a lot of money for it but I will treasure it always! Our efforts to save the club were fully justified when 13500 people attended the opening fixture against Hull K R."

I dont know how far back you go,but are one or two of us onher who can remember leeds helping out clubs with players in the 50s -60s Batley ,Bramley to name just two..oh and of course every club helped out Bradford Northern out in 1963 including Leeds .Leeds have also been the victims of vulturism when they were in financial difficulties in the mid 90s and Bradford were in for one or two of our players.

On Sky Sports News Eddis Hemmings mentioned "Harrisgate" as a probable start of all this. Now there is a different chairman since Harrisgate and he is trying to keep the ship afloat. At the end of the day, there was money to get Harris and Morley but nothing for the players - JP, Pryce and Radford all left at the end of 2005. No doubt there were monies going in for Fat Les and Hape. A large six figure sum for Lynch - where has it all gone??? Questions do need to be answered HONESTLY by Mr Hood.

Interestingly also on Sky Sports News the Bull spokesman said that ex players had come forward to offer cash, I wonder how much Harris has stumped up?

I saw that interiew on the Sky website, the Bradford official appeared quite upbeat both in terms of the short and long term.

I expect BOTH the Hetherington's to be sniffing around the carcass, given the opportunity.