FORUMS > Bradford Bulls > marc green |
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Feb 2014 | 11 years | |
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| I think it will be very difficult for a successful appeal.
The company OK Bulls was making losses of £100000 a month to Ok"s resignation.
No attempt to cut costs was made.
Until the new ownership saga dragged for 5 months.
Indeed costs increased under Ok and revenue fell.
No proper books were kept which are fundamental to understanding of a companies current financial position.
The £1.2 million withheld from The club was known about from the outset of OK"s tenure.
Some points may have been recovered if Marc Green was to commit to pay all the creditors or even some as in the Wakefield comparison.
But with results and crowds of the past two weeks and championship staring in the face ....Would you?
No a proper balls up has been made and it would be ridiculous to try isolate single events (EG HMRC wind up petition mid January)as been an event under force majoeur.
The Bulls went into admin because.
1.The owner had run out of money
2.The owner blindly carried on regardless depite been aware he was losing 3600k a year in guaranteed income.
3.the owner increased costs (Robbie backroom staff )at atime he was struggling to pay existing contractual arrangements.Look at the creditors list.Some go back nearly 12 months without been paid.
The club was broke lock stock barrel.
Of course admin could have been avoided.
By recognizing the problems faced as early as September 2012 and acting accordingly.
The deluded are clutching at straws.
Its been a complete set of for over three years.
And no doubt I will be added to that list as fans desperatelt try to find justification and argument for a complete basket case.
I"ll get me coat
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869_1597404840.jpg //www.twitter.com/pumpetypump:d7dc4b20b2c2dd7b76ac6eac29d5604e_869.jpg |
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| I couldn't get to the game as I was performing a black mass. Hoped to get to the game but it took an absolute age to nail the inverted crucifix to the sacrifices forehead.
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International Chairman | 17146 | No Team Selected |
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Dec 2001 | 23 years | |
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755_1290430740.jpg “At last, a real, Tory budget,” Daily Mail 24/9/22
"It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21
A member of the Guardian-reading, tofu-eating wokerati.:d7dc4b20b2c2dd7b76ac6eac29d5604e_755.jpg |
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| Call me Dave will have all heretics burned at the stake. Or excommunicated to Belle Vue (sic).
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Rank | Posts | Team |
Moderator | 10969 | |
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Mar 2002 | 23 years | |
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Jan 2023 | Jun 2022 | LINK |
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1271.jpg Whenever you find yourself on the side of the majority, it is time to pause and reflect.
Mark Twain
Build Bridges NOT Walls:1271.jpg |
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| Ahh, Belle Vue - one the very few grounds to be named ironically. Still, shouldn't make too much of it, I mean..not everyone gets to watch the game in an iconic stadium..
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Rank | Posts | Team |
International Chairman | 17146 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Nov 2024 | Nov 2024 | LINK |
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755_1290430740.jpg “At last, a real, Tory budget,” Daily Mail 24/9/22
"It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21
A member of the Guardian-reading, tofu-eating wokerati.:d7dc4b20b2c2dd7b76ac6eac29d5604e_755.jpg |
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| 2,341 to be precise...
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Rank | Posts | Team |
Moderator | 10969 | |
Joined | Service | Reputation |
Mar 2002 | 23 years | |
Online | Last Post | Last Page |
Jan 2023 | Jun 2022 | LINK |
Milestone Posts |
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Milestone Years |
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Location |
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Signature |
1271.jpg Whenever you find yourself on the side of the majority, it is time to pause and reflect.
Mark Twain
Build Bridges NOT Walls:1271.jpg |
Moderator
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