Quote Wooden Stand="Wooden Stand"If Mr Lamb is still interested, I guess his revised offer will be lower than before. So the Administrator will be getting even less for the creditors of OK Bulls now. '"
Indeed.
Quote Wooden Stand="Wooden Stand"So, as at now, the Bradford Bulls reverts to the ownership of OK Bulls! '"
No no no, the club is in the hands of the administrator. It is nothing to do with OK any more.
If the administrator hasn't got a sale then he just liquidates the old company. It still has the assets - such as they are so they are all up for grabs. That presumably doesn't include the players who will all become free agents.
Quote Wooden Stand="Wooden Stand"Are the Bulls 3 still the directors of OK Bulls or have they resigned? '"
They are directors of BB2014 and their position is nothing to do with it now. BB2014's only involvement was bidding for, and having a temporary licence and provisional purchase of the business. As the offer to buy has now been withdrawn, BB2014 goes back to being a company with no function.
Quote Wooden Stand="Wooden Stand"- or the Administrator of OK Bulls needs to sell Bradford Bulls for whatever he can get. But the person buying the Club has first to be assessed as 'fit and proper' by the RFL.
Mr Lamb has already passed that test. So, if he wants it, looks like he can buy Bradford Bulls off the Administrator today (or maybe leave it till tomorrow morning) for next to nothing. '"
if you were him, (or any other interested person) would you be remotely interested? i can't imagine that anyone will be, not on these terms.
Quote Wooden Stand="Wooden Stand"Either way, the Bulls 3 have really burnt their boats with the RFL after their statement today.'"
I think it is the RFL that lit the fire. But either way, the fat lady has not only sung, she's got changed and fecked off into the distance.