The problem as i see it.
1.We will have to sell assets to try and pay the tax man. This will be done by the administrator and we won't have any say in the matter.
2. No cash rich multimillionaire is going to invest and take on the past debt (they have not made a lot of cash by investing in loss loosing business) they will want it debt free, which can only happen after the administrator has done his job for the tax man.
3. So if we are lucky and say in Super league we will be a club with a decimated team of players who will be desperate to jump ship, a fan base who now has to start paying full up(£20+) a game to see us get whipped every week. Less fans every week, no investment advertisement revenue falls, less money to pay wage contracts etc.
It will be pain full to see a club die like this.
I say lets go into Division one. ( i would bet if you offered say Featherstone or Halifax the chance to go up they would think long and hard, they seem to run ok with 2500 through the gates and the rugby is at lest competitive).

Super League is on its backside. The Bulls will not be the last club to fall. The Chmapionship offers more competitive and entertaining fixtures than SL every week. I'll bet Mr C didn't have this in his mind with his big time charlie ideas for RL back in 95.

makes you laugh that sky have paid another record fee to screen football that is in essence a league where only 4 teams can win and more often than not it is over before the end of the season. We get peanuts and it always goes down to sudden death the last 4 weeks of the season.

It's aboit time (although it will obviously never happen) that the present and previous management stopped issuing these partial briefings, glossed with spin, and just told us the bare facts.

For example, "we need £1m to finish the season". WTF does that mean though? For example, and using hypothetical figures and a simple example, if our total wages bill was £2.5m then we would need about £1m to finish the season. It wouldn't exactly be a shock.

On the same figure, using home games as a yardstick, you'd need income which was the equivalent of about £200K a home game, over the season. (of course you don't get your income in nice weekly chunks, for example you get a large slice one-off in season ticket sales; but still, on average).

In this simple example, yes you would "need £1m" but it would just be stating a fact and no surprise; and equally you should be able to cover it from your regular average income as well.

Of course I understand that there are any number of factors, debts, bank overdraft issues, image rights tax bills etc etc etc., all I am saying is that it is totally disingenuous to use the phrase "we need £1m to finish the season" to imply that there is something surprising, wrong or not above board about that. OBVIOUSLY any SL club needs a large sum of money to finish a season.

I mean, how much do Wigan need "to finish the season", if you added it up? Or Wakefield? Do they all actually have all those funds NOW, up front, in credit, in their bank?

I am totally sick of this doublespeak and name calling. It does sadly look as if the "investors/benefactors waiting in the wings" hinted at by both factions were just wishful thinking. I continue to hope that we won't go into administration, but my remaining hopes wouldn't be high enough to clear your average ant, and if we do then that will be in my terms a total disaster for the club.

And no doubt whichever way it goes, we can confidently expect the continued yah-boo he-said she-said blame game to continue through the local press.

The bit in bold no longer exists since the RFL changed the rules last year after Crusaders and Wakey went bust. You won't lose your SL licence.

is it "we need £1m to finish the season" in excess of the projected income already calculated....so week on week the shortfall is growing and the finances getting worse and worse.......

As people have already said, all this talk of investors in the wings to save us from Admin is uncannily like what we heard when Wakey were in the mire. Even if your heart hopes for some other scenario, surely all our heads know its probably all over for the club in its present guise.

I just hope there is a genuine investor interested in taking us forward post-Admin.

RFL need tennants in their ground so the Bulls will stay in SL no matter what happens

In reality - yes. Welcome to life in the lower echelon of SL. My team has been in this for 17 years. You are lucky to have seen something that I never have. More success in 17 years than I have supporting Cas Tigers in 40 odd years !

Stay strong.

Agreed. Bulls going nowhere and to stay at the top table.

Yeah you'd never get a close finish to a football season.

1. Manchester City P38 W28 D5 L5 PD64 - 89
2. Manchester Utd P38 W28 D5 L5 PD59 - 89