I'm not going to pretend to understand but it clearly shows that Green has put a charge against the company for the leasehold. Does that mean whoever wants the lease has to go through him, who knows?

That's a reasonable guess, but only
------ [size=200I F[/size ------
seeing the HMRC writing on the wall, Green and a prospective new owner did the dance and set up a pre-pack.

As I have heard not a word about a pre-pack, the hope of that is rapidly fading, as there's normally no delay, and the fact that the admin was called at the doorstep of the insolvency court doesn't scream "in control". More like "last throw of dice".

I think you will find that Green has had all of next years central funding off the RFL and that the RFL would be glad to see the back of him. There is no new owner.

A lease has a value. Anyone wanting the lease would therefore need to clear the charge to get it. Nobody wants it even without the charge, so it ain't gonna happen, but it does scupper any deals involving the occupancy of the stadium.

How do you know he has had all the central funding for next year? Surly the RFL aren't stupid enough to give em that??

Quote DemonUK="DemonUK"I don't see any mention of relegation for entering a CVA but do see a possible deduction of 12 points. media.therfl.co.uk/docs/Insolven ... %20PDF.pdf'" It does say that the RFL can cancel the clubs membership though. I would suspect that the RFL may want to place the Bulls in League 1 but even then the current League 1 clubs would need to accept this. I believe this happened a few years ago with Hull FC and the clubs refused to accept them so the 'merged' with Gateshead instead.

Quote DemonUK="DemonUK"I don't see any mention of relegation for entering a CVA but do see a possible deduction of 12 points. media.therfl.co.uk/docs/Insolven ... %20PDF.pdf'" It does say that the RFL can cancel the clubs membership though. I would suspect that the RFL may want to place the Bulls in League 1 but even then the current League 1 clubs would need to accept this. I believe this happened a few years ago with Hull FC and the clubs refused to accept them so the 'merged' with Gateshead instead.

The RFL advance money on a regular basis to clubs, especially in the off season. They can't advance anymore to Green as he's had it all.

I understand they do, and have advanced money to clubs. But how do we no this has happened at Bradford? Do you have proof?

Remember, this was the start of it. Hood went cap in hand to the RFL for a loan (with hindsight, asking for more rope to hang himself with). And remarkably, the RFL believed him

and offered him a £700k secret loan (with hindsight, more than enough rope to hang basically everyone) with no surety. The rfl then panicked a few months later and took the head lease from the Bulls (the only asset the club had left) in order to get something out of the huge screwup they had, in part, created.... And it went downhill from there.

So yes, the RFL are stupid enough to give clubs money.

Oh thanks Ricky, I needed cheering up.

Asking a troll if he's got proof to back up his statements











Classic gag there fella

www.bradfordbulls.co.uk/news/post/admin ... -appointed

www.bradfordbulls.co.uk/news/post/admin ... -appointed