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| Moderator | 10969 | Bradford Bulls |
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| Mar 2002 | 23 years | |
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| Quote Bets'y Bulls="Bets'y Bulls"Can i put forward a question to the folks from other clubs suggesting we simply sell players to fund the August wage bill?
Pure speculation but lets say Hull FC offer £10k for Whitehead, Wire offer £15k for Bateman, Wigan offer £10k for Kearney and Leeds £5k for l'Estrange. On the basis Wakey appeared to get £5k per player when they were in a similar sitution to us but much earlier in the season compared to where we are now, these figures dont appear unreasonable. Also include the fact the most squads of teams above wont have much money under cap left (probably!), s/l deadline for signings seems to have passed and in a few weeks they can probably get most of above for nowt they dont need to be raiding benefactors piggy banks to make massive bids
If this did happen our reported £160k monthly wage bill would drop by say £20k (?) as I think Whitehead & Bateman are still on their original contracts so not massive salaries this would give us £40k liquid cash to cover wage bill now in region of £140k. Any suggestions from all the fans saying just sell players to cover wage bill, please address directly to Mr Administrator, c/o Odsal Stadium, Bradford as I am sure he would benefit from your expertise'"
It's an excellent effort mate - though if anyone wants to have a sweep on the time of the next post from a fan of another club telling us to sell players, I'll go for, ooohh..just turned nine o'clock.  |
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| Quote Pumpetypump="Pumpetypump"In very simplistic terms:
Consortium "Ok here's our offer to buy the club, but we need to know if the club can carry on with the last 2 years of our Superleague licence"
RFL "How dare you make an offer with such conditions attached.."'"
Has it been confirmed anywhere that they only wanted to know if it was just for this licence period? |
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| International Chairman | 16250 | Leigh Centurions |
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So it is stated further up that ABC have put in a THIRD bid. Do you really want someone in charge who has tried it on twice already. Do they really love the club as much as that. They certainly seem desperate to get into Odsall
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| Quote DemonUK="DemonUK"So it is stated further up that ABC have put in a THIRD bid. Do you really want someone in charge who has tried it on twice already. Do they really love the club as much as that. They certainly seem desperate to get into Odsall'"
It's called negotiation. |
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| Player Coach | 4574 | Bradford Bulls |
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| Dec 2005 | 19 years | |
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| Quote DemonUK="DemonUK"So it is stated further up that ABC have put in a THIRD bid. Do you really want someone in charge who has tried it on twice already. Do they really love the club as much as that. They certainly seem desperate to get into Odsall'"
Perhaps they are 'desperate' to save the club and build it up again
The truth is we don't know anything about the motivations of ABC - heck, we don't even know who they are |
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| Player Coach | 6315 | Wakefield Trinity |
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It's called land-grab. Can anyone be that desperate to own a rugby league club? Doubtful. Can anyone be that desperate to get hold of a piece of land? Yep.
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| International Star | 1704 | Hunslet Hawks |
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| Aug 2011 | 14 years | |
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how about they buy the lease for £1.25m, pay off all debts and deposit £1m with the RFL to fund the club for the next 2 years that would mean they are still Bradford Bulls and serious about Rugby League.....but they probably want to start up as a newco with no debts, pay nowt for the lease and retain all the star players and be guarantedd SL status for the next 5 years with Sky money for next year up front....
Thats the 2 extremes of what the bids could be.....LOL!!!!!!
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| Quote pie.warrior="pie.warrior"how about they buy the lease for £1.25m, pay off all debts and deposit £1m with the RFL to fund the club for the next 2 years that would mean they are still Bradford Bulls and serious about Rugby League.....but they probably want to start up as a newco with no debts, pay nowt for the lease and retain all the star players and be guarantedd SL status for the next 5 years with Sky money for next year up front....
Thats the 2 extremes of what the bids could be.....LOL!!!!!!'"
You're right the truth probably lies between the 2. But if it's the former can we have our 6 points back please  |
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| Quote Mirfieldbull="Mirfieldbull"You're right the truth probably lies between the 2. But if it's the former can we have our 6 points back please
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And the RFL couldn't possibly accept as it is a conditional offer! |
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Quote Ferocious Aardvark="Ferocious Aardvark"Dunno, neither do you, speculation pointless.
Of course it's unusual - unique even - though the bit about "without reference" is plain wrong - neither the Bulls, nor the RFL, are run by committee, consulting member clubs or consulting shareholders would simply not be the way it works.
Well yes, but just be sure you aren't blaming the previous management for that, liabilities and income going forward is in the hands of the incoming management, if they couldn't think of a viable plan then fair enough but starting pretty much from scratch, that's down to them.
I tend to think slightly different, I've no doubt that the basic premise (they couldn't figure a way to make the numbers work) is right; but IMHO the numbers could be made to work for a new owner who wasn't looking to make a pile of money, but no investor who wanted to make a reasonable return on investment would invest.
In your opinion, but with respect you don't know. You don't have the details of what went on with the RFL or how it worked (no-one does).
And the point you miss is that I'll grant the situation is much worse now than then, but teh situation is NOT much worse than the day before we went into administration. It was better, because we had done a deal with the RFL that had helped keep us going. Hood didn't put us into administration. You think we would have gone tits anyway, but I'd have rather taken our chances with the old Board and whatever potential 'investors' they were talking to, than what actually happened.
Would that have been any better? We can't ever know. But it couldn't have been worse.
I have no idea what the RFL did. For all we know maybe they did this. But any view on the club from accountants is whatever the person briefing and paying them told them they want it to be.
Maybe they do, maybe they don't, unless the full details ever emerge we won't ever know (like much of the stuff that has gone on). It would be fascinating to have chapter and verse but in terms of point, I don't think there is one.'"
It's not pure speculation. It's the key to the entire story. Fans from a range of clubs are on here and VT saying they weren't lent money by the RFL in similar circumstances.
Blake Solly appears to make the precise same point here.
www.thetelegraphandargus.co.uk/s ... h_cash___/
He states 'we're not a bank'. And yet they gave Peter Hood 700k? In the normal course of events I take your point about 'without reference' but this is evidently an extraordinary event which later would lead to an extraordinary purchase and a bizarre cover story.
Be clear, I am blaming the previous management but you, I and others have done this to death.
On the other points I realise we 'don't know'. My position is we don't know because the information has been withheld and what we do know doesn't add up. Given what is a bizarre sequence of events I don't think this sustainable. |
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Quote Ferocious Aardvark="Ferocious Aardvark"Dunno, neither do you, speculation pointless.
Of course it's unusual - unique even - though the bit about "without reference" is plain wrong - neither the Bulls, nor the RFL, are run by committee, consulting member clubs or consulting shareholders would simply not be the way it works.
Well yes, but just be sure you aren't blaming the previous management for that, liabilities and income going forward is in the hands of the incoming management, if they couldn't think of a viable plan then fair enough but starting pretty much from scratch, that's down to them.
I tend to think slightly different, I've no doubt that the basic premise (they couldn't figure a way to make the numbers work) is right; but IMHO the numbers could be made to work for a new owner who wasn't looking to make a pile of money, but no investor who wanted to make a reasonable return on investment would invest.
In your opinion, but with respect you don't know. You don't have the details of what went on with the RFL or how it worked (no-one does).
And the point you miss is that I'll grant the situation is much worse now than then, but teh situation is NOT much worse than the day before we went into administration. It was better, because we had done a deal with the RFL that had helped keep us going. Hood didn't put us into administration. You think we would have gone tits anyway, but I'd have rather taken our chances with the old Board and whatever potential 'investors' they were talking to, than what actually happened.
Would that have been any better? We can't ever know. But it couldn't have been worse.
I have no idea what the RFL did. For all we know maybe they did this. But any view on the club from accountants is whatever the person briefing and paying them told them they want it to be.
Maybe they do, maybe they don't, unless the full details ever emerge we won't ever know (like much of the stuff that has gone on). It would be fascinating to have chapter and verse but in terms of point, I don't think there is one.'"
It's not pure speculation. It's the key to the entire story. Fans from a range of clubs are on here and VT saying they weren't lent money by the RFL in similar circumstances.
Blake Solly appears to make the precise same point here.
www.thetelegraphandargus.co.uk/s ... h_cash___/
He states 'we're not a bank'. And yet they gave Peter Hood 700k? In the normal course of events I take your point about 'without reference' but this is evidently an extraordinary event which later would lead to an extraordinary purchase and a bizarre cover story.
Be clear, I am blaming the previous management but you, I and others have done this to death.
On the other points I realise we 'don't know'. My position is we don't know because the information has been withheld and what we do know doesn't add up. Given what is a bizarre sequence of events I don't think this sustainable. | |
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| Quote M@islebugs="M@islebugs"
On the other points I realise we 'don't know'. My position is we don't know because the information has been withheld and what we do know doesn't add up. Given what is a bizarre sequence of events I don't think this sustainable.'"
The amazing thing about all this is just how easy a ride the RFL got from the other clubs. Sure, there have been plenty of fans complaining about the apparent unfair treatment given to the Bulls, But very little from the clubs over what, on the face of it, appears to have been a massive breakdown in governance.
Which I suppose probably does mean there's a lot more to it than we've been told. |
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| Quote Cibaman="Cibaman"The amazing thing about all this is just how easy a ride the RFL got from the other clubs. Sure, there have been plenty of fans complaining about the apparent unfair treatment given to the Bulls, But very little from the clubs over what, on the face of it, appears to have been a massive breakdown in governance.
Which I suppose probably does mean there's a lot more to it than we've been told.'"
I am very sure of it. I have long suspected the RFL, and probably the majority of the clubs, of knowing what they were doing regarding the present crisis, and of having objectives for outcomes. But, as they say, time will tell. |
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