| FORUMS > Bradford Bulls > Peter Hood says Bulls on brink of going bust. |
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Well it doesnt look good. £100 from every supporter?? I just dont see it happening and something doesnt add up. I understand the overdraft being reduced, but we should have known what and when we had to pay to the rfl.
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When you're a Bradford fan there's always a light at the end of the tunnel.
Unfortunately it's usually an oncoming train:d7dc4b20b2c2dd7b76ac6eac29d5604e_7741.jpg |
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Fucking hell.
That's not the sort of thing you need to see first thing in the morning
As I'm not that knowledgeable when it comes to these things, but can't we just go bust and form a new company? Like London and Crusaders did?
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Done. 25/01/17.: |
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What the hell is going on? I thought the lease sell-off was keeping us floating. It's a hard pill to swallow when Hood has been saying 'we're OK' for so long. Answers please...
No chance of stumping up an extra £100. Take your cap along to the bloke who signed Harris, Peter...
Thanks for the memories.
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Hope you guys can get this sorted!
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They're approaching members and sponsors but no mention whatsoever of the shareholders. To ask people to put up money for a business owned by others and which they board say will go bust in a fortnight is cloud cuckoo land.
How did the club owe the RFL what now appears to be the entire sum of the sale of the lease?
Why have the Royal Bank of Scotland lost faith in the Bulls despite what appears to be a massive overall reduction in debt?
The only hope I can see is to enter administration.
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Problem is, if we enter administration, we lose all our best players to clubs at cut fee prices.
it won't matter how much they have left on their contract, everyone will be available!
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I cant see fans putting their hands in their pockets (even if if they can afford to do so) without the club giving a lot more disclosure about the financial situation. Its all just too sudden. We've known for a while that the club is strapped for cash but the impression has been given that the financial situation was just about manageable.
Realistically, the club are not going to get anything like £1m from the fans. The 10,000 fans at £100 each equation doesnt allow for the number of families and those on very low incomes, kids and OAP's. £100,000, perhaps but not much more. And if £500,000 to £1m is what's needed to keep the club afloat then it would seem like throwing good money after bad.
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You can lead a horse to water but you can't climb a ladder with a bell in both hands.:32226.jpg |
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Are we for sale for £1m? Do have to wonder if someone came in and said I'll take it off your hands for that price what the current board would say............
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You can lead a horse to water but you can't climb a ladder with a bell in both hands.:32226.jpg |
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| Quote: Bradford Badger "Are we for sale for £1m? Do have to wonder if someone came in and said I'll take it off your hands for that price what the current board would say............'"
And by the above, I mean someone coming in and paying the £1m to take control.... |
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Is this an early April fool ?
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[b:3g5rrn89](and I feel fine)[/b:3g5rrn89]:d7dc4b20b2c2dd7b76ac6eac29d5604e_13747.jpg |
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WTF. Where has the money from ther RFL gone? Thought that was securing our "long term future"?
I have the feeling someone has been pulling the wool over our eyes.
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Sorry Mr Hood but you have completely lost the faith I had in you, what happened since the following article....
www.thetelegraphandargus.co.uk/s ... l_Stadium/
I won't be parting with any of my cash until I hear a few more honest answers as to why this has happened. And what has suddenly changed in the last couple of months, unbelievable news. |
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Sorry Mr Hood but you have completely lost the faith I had in you, what happened since the following article....
www.thetelegraphandargus.co.uk/s ... l_Stadium/
I won't be parting with any of my cash until I hear a few more honest answers as to why this has happened. And what has suddenly changed in the last couple of months, unbelievable news. | |
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| Rank | Posts | Team |
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32226.jpg
You can lead a horse to water but you can't climb a ladder with a bell in both hands.:32226.jpg |
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By all accounts the money from the RFL was so we could pay them back for a loan we took out.
We did not expect to have to pay this back as quickly as we expected. I get the feeling that the RFL knew we were struggling, have played an absoulte blinder in basically getting the lease of Odsal, BEFORE we went bust, and managed to get their money back that they loaned to us last year to keep us a float in the off season.
The bank have also asked us to lower our overdraft meaning we either had to pay a level of cash direct to the bank or we have little room to manouevure.
All in all, you can't really operate without cash and we are pretty much screwed.....
Either that or it's some crazy scheme to get people to the Leeds game.....
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