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International Star | 97 | No Team Selected |
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Feb 2014 | 11 years | |
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| Quote Noble & Honest="Noble & Honest"Unfortuneately despite all the goings over comings the wages bill stayed the same......right up to salary cap.
Other clubs in difficulty will argue they did not pay up to cap as they recognized they would not have the income to pay up to cap.
Ok very proudly told fans from the off he would be paying up to cap.
But by August last year was struggling to and indeed the RFL had cause to intervene far far earlier than this year in January.
Of course the RFL know a great deal about the bulls insolvency situation.
They have continually in 3 years had to intervene at various times when players could not be paid.
The whole game needs to take one big long look in the mirror.
Look how the money men are behaving.The Doc gets rid of Nobby as success was not delivered inside a couple of minutes.Bit like the Chelsea man.
What I think even Bulls and Wakefioeld fans agree on is the rules and more importantly the penalties need to be clearer to take account of any eventualities that could arise in future.
Otherwise someone will always feel hard done to.
Like £1.2 million"s worth of unpaid bill people.
That could be nearer 32 million if Ok is believed or proved to have spent on the bulls behalf £600 grand the administrater can find no record of.
Shambles.
You would not run a school tuck shop as badly as this'"
Apology again.£2 million not 31
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International Star | 97 | No Team Selected |
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| Quote Noble & Honest="Noble & Honest"Apology again.£2 million not 31'"
Or even 32
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International Chairman | 7594 | Bradford Bulls |
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Dec 2001 | 23 years | |
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| This is the kind of attention to detail that keeps me reading.
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Player Coach | 1722 | No Team Selected |
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Oct 2010 | 15 years | |
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| We were never spending up to the cap under OK.
Don't care what more you say on this point, we were well short last year, even the workers in the 'tuck shop' would be able to tell you the same!
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Club Coach | 3277 | Bradford Bulls |
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Oct 2005 | 20 years | |
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| Quote Noble & Honest="Noble & Honest"
Ok very proudly told fans from the off he would be paying up to cap.
'"
I think time & an administration have shown what OK says & does & what actually happens can all be completely different to each other.
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International Chairman | 28357 | Bradford Bulls |
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Feb 2002 | 23 years | |
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| Tbf OK did say he would sell all his shares to MM and RW for 300k and signed the deal, giving them time to pay. It was the buyers who then never paid the agreed money. Leaving personalities aside is there anyone on here who would be happy with signing a deal to sell something
for 300k but the buyer then not paying? Be that as it may, MM and RW thus acquired ownership of OKB. Although - and unsurprisingly in the labyrinth that is Bulls business dealings, even that seemingly simple transaction is mired in legal disputes in the litigation commenced by OK to enforce payment which so far as I know is still ongoing.
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Club Coach | 9554 | Bradford Bulls |
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Jun 2005 | 20 years | |
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| Quote Ferocious Aardvark="Ferocious Aardvark"Tbf OK did say he would sell all his shares to MM and RW for 300k and signed the deal, giving them time to pay. It was the buyers who then never paid the agreed money. Leaving personalities aside is there anyone on here who would be happy with signing a deal to sell something
for 300k but the buyer then not paying? Be that as it may, MM and RW thus acquired ownership of OKB. Although - and unsurprisingly in the labyrinth that is Bulls business dealings, even that seemingly simple transaction is mired in legal disputes in the litigation commenced by OK to enforce payment which so far as I know is still ongoing.'"
Wasn't it case that OK agreed to sell his shares to Moore and whitcut for 300k but whitcut subsequently announced that all money OK had 'invested' in club was actually only loans which would be repaid in addition to the 300k sale price?.
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International Chairman | 28357 | Bradford Bulls |
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| Different thing. The sale was of shares in a limited company, between individuals. What you are referring to is a director's loan account OK claimed to have, and would be no more or less valid regardless of the sale of OK's shares.
OK's chances of ever being repaid his loan account may have appeared slim to many, but whatever, it was nothing to do with the share deal.
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International Star | 1149 | Whitehaven |
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Apr 2012 | 13 years | |
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| Sale of shares in club agreed for £300k for "assets" worth £x, turns out during course of sales club worth £x - £600k - would you still be happy to pay £300k?
Bit like looking at buying a house then getting a surveyor's report saying the foundations had been eaten by termits
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International Star | 1795 | No Team Selected |
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Jan 2011 | 14 years | |
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| Quote FickleFingerOfFate="FickleFingerOfFate"Fair play, not got a problem with this explanation.
Just the troll bit.
'"
fair response, thanks for your understanding, troll withdrawn. and to be honest, compared to that complete liar Honest and Nob Head its been a pleasure discussing the vicissitudes of RL fans with you.
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International Star | 1795 | No Team Selected |
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| Quote Northernrelic="Northernrelic"Sale of shares in club agreed for £300k for "assets" worth £x, turns out during course of sales club worth £x - £600k - would you still be happy to pay £300k?
Bit like looking at buying a house then getting a surveyor's report saying the foundations had been eaten by termits'"
slight modification NR. Bit like going 50% on buying a house then discovering that your partner had already sold two thirds of it to someone else, that partner being the partner of the vendor. you would call that at best negligence, at worst fraud. and not pay a bloody penny.
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