Bradford Bulls will announce administration at 10am on Friday or 10am Wed after the public holiday.

Sad news. but one we all knew would happen under Caisley. He will then buy the new company after all our talent has been sold to the highest bidder.

Its up too lads like Bateman & Whitehead to refuse to be sold to clubs if they want to stay with Bradford after they come out the otherside.

If all the young lads get together and say there not leaving n form a pact... But were asking alot.

big claim, would hardly be a surprise though.

Just had several texts through so stuck it on here. Its just a case of watch this space tommorow.

It's the High Court that appoints an Administrator.

Source? Anyone reliable or speculation?

If this is true then I am pretty sure it will come with the RoFLs blessing, as the current review commitee wouldn't be foolish enough to enter admin, lose 10 points, then lose the SL licence, as well as potentially lose all our best / most promising players. Oh well, at least the ownership issue would be sorted and we only have to pay pennies in the pound to our creditors.

There will be few creditors beyond the players the staff and HMRC. How the hell would you feel if you were a small supplier to the club reading your comment?

Ever heard of sarcasm?

BTW, It's one of the major risks in supplying a sports club. Would you supply us ?

That's a big assumption considering in March we discovered the club had owed the RFL 700k and sold the lease on the ground to cover said debt, having previously had no knowledge of it despite you asking specific questions at a fans forum.

If correct this is a disgrace and perhaps explains my post on another thread.

No Official source that i can name but a few of the texts have been true before.

We all knew it was coming.

We just need the lads like Bateman, Obrien, Whitehead, Donaldson not to sign if they are sold. Administrators can only sell players if they are willing to sign for another club.

I still can't see how this can help with cash flow.
All I can think is that CC has investors lined up, but unwilling to commit with the ridiculous share structure we have now.
If true, let's just hope it's some kind of pre-pack or whatever, the RFL agree to switch the lease over to the newco, and everyone is promptly re-signed before the vultures begin to circle.

Clutching at straws with most of the above, I know.

Who could such other creditors be?

That is if we were lied to when we were told at various times and by different people that the club was now debt free.

I can't see there would be any other significant creditors because I can't see anyone would lend to the club!

Is this true or a load of coz it's got my blood boiling

Should be obvious from the above that nobody has a clue.