Bradford Bulls have entered administration.

Brendan Guilfoyle and Chris White, from The P&A Partnership, have been appointed joint administrators after the club failed to find the investment needed.

Commenting on the appointment, Guilfoyle said: “We now have just ten working days to save the club from liquidation because there are no funds to carry on longer. “If there is anyone interested in buying the Bulls then we need to hear from them right now because this famous club is now on the brink of extinction.”

Guilfoyle, who was at the club’s Odsal Stadium this morning to give the news of the administration to employees, added: “The directors made every effort to try to save the club within the 14-day timescale issued by the courts but the moratorium ended yesterday without any potential buyer coming forward.”

White and Guilfoyle are partners at The P&A Partnership, a leading specialist business turnaround and insolvency firm with offices across the UK and in London. Guilfoyle specialises in sports’ administrations and has been involved in the administrations of Leeds United plc, Luton Town, Crystal Palace and Plymouth Argyle.

So sorry to hear this news guys, really hope Bradford RL stays around

[url=http://www.thetelegraphandargus.co.uk/sport/sportbulls/9781870.Bradford_Bulls_in_administration/Bulls in Admin - T&A[/url

Here we go...

Embarrassed and disgusted.

10 days? Where's Flash when you need him?



You mean they kicked the old lot out and trooped in without a plan? Well, who'd have thought. "Without any potential buyer coming forward"
On the face of it, that clearly states that there were no negotiations with anybody, at all, it does not say "we had potential buyers but did not do a deal", it bluntly confirms that "no potential buyer came forward".

Hood's comments (if he makes any) would be interesting.

Totally agree!!!

Desperately hope someone comes in to invest and you avoid Liquidation. So, so sad all this.

Detailed comment and explanation from Caisley, Coulby & Co.:-

Sad for you guys, but as predicted when the old BoD was after your hard earned, all too obvious.
I would be surprised if the mechanics of bringing you out of admin were not already largely in place.
Keep the faith I'm sure you'll be all right in the end!!

I still can't help but feel that all those Bradford fans who snapped up season tickets at silly prices are complicit in the demise of a once great club.

I think the best thing to do now is pray an investor comes forward, keep what playing staff you can and build your way back up.

The last two lines are extremely worrying! www1.skysports.com/rugby-league/ ... nistration

The last two lines are extremely worrying! www1.skysports.com/rugby-league/ ... nistration