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Ah well sad day for the London Welsh - always sad to see a club suffer like that.....but these things happen its a harsh world we live in - such is life.

Life is too short to get into foaming the at the mouth - Always look on the bright side of life icon_biggrin.gif icon_smile.gif

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Quote: Bulliac "The biggest difference is the size of the pool. The RFU have far more clubs willing, and [most likely] able to take over from London Welsh. However, in our somewhat smaller pool, to lose a [iclub the size of Bradford[/i would be a far bigger issue, as we have seen with their insistence that we take up, 'our', position in the Championship.'"


Now you've done it....incoming!

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[b:3g5rrn89](and I feel fine)[/b:3g5rrn89]:d7dc4b20b2c2dd7b76ac6eac29d5604e_13747.jpg



I'm worried that the RFL are going to see the -20 and get some ideas.

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Quote: debaser "I'm worried that the RFL are going to see the -20 and get some ideas.'"


Thats being saved for when we are in Championship 1 and in Admin again.

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Can't see any serious Rugby League supporter wanting this to happen to Bradford
And, I have to say, although I've been generally supportive of Bradford I haven't exactly fought a corner or anything but the article in Love Rugby League seems almost ridiculous and I would be on Bradford side on this one is more than gossip:
www.loverugbyleague.com/news_246 ... ip-71.html

"Pretty penny
Still on Bradford and we have sneaked a peak at the administrators report, and have been stunned at what we saw. The joint adminsitrators have charged a fee of £233,190.40 for their services, at a whopping rate of £230.27 per hour. Nice work if you can get it. The report also details that Bradford were owed £100,000 in sponsorship money. Creditors of the Bulls include the RFL and a whole stack of other clubs - Workington, Whitehaven, Sheffield, London, Leeds, Salford, Huddersfield, Dewsbury, Batley, Featherstone and St Helens."

The administrator fee is bad, but that's life, but for those clubs and RFL to owe money to Bradford seems very strange. Unless it comes out that the money was small and not enough to save them, and held back on purpose, they need to hang their heads in shame........and pay the money to the new club.
Can't see any serious Rugby League supporter wanting this to happen to Bradford
And, I have to say, although I've been generally supportive of Bradford I haven't exactly fought a corner or anything but the article in Love Rugby League seems almost ridiculous and I would be on Bradford side on this one is more than gossip:
www.loverugbyleague.com/news_246 ... ip-71.html

"Pretty penny
Still on Bradford and we have sneaked a peak at the administrators report, and have been stunned at what we saw. The joint adminsitrators have charged a fee of £233,190.40 for their services, at a whopping rate of £230.27 per hour. Nice work if you can get it. The report also details that Bradford were owed £100,000 in sponsorship money. Creditors of the Bulls include the RFL and a whole stack of other clubs - Workington, Whitehaven, Sheffield, London, Leeds, Salford, Huddersfield, Dewsbury, Batley, Featherstone and St Helens."

The administrator fee is bad, but that's life, but for those clubs and RFL to owe money to Bradford seems very strange. Unless it comes out that the money was small and not enough to save them, and held back on purpose, they need to hang their heads in shame........and pay the money to the new club.


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We're used to people kicking us when we're down now PopTart.

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Quote: PopTart "The administrator fee is bad, but that's life, but for those clubs and RFL to owe money to Bradford seems very strange. Unless it comes out that the money was small and not enough to save them, and held back on purpose, they need to hang their heads in shame........and pay the money to the new club.'"


T'other way about, mate. We owe them. Or at least the old legal entity did. Fees for loans for the SL clubs and ticket money for the Championship clubs, generally speaking.

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Errrr... unless. I am having a senior moment, the creditors were actually owed money by the Bulls?

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Quote: alleycat "Errrr... unless. I am having a senior moment, the creditors were actually owed money by the Bulls?'"


Were they? Is that why they're called "creditors" then?

You know, that makes sense now. I wonder if the administrators knew that...

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Ah, I did think that but I linked the two sentences together and assumed they used the wrong word

"The report also details that Bradford were owed £100,000 in sponsorship money. Creditors of the Bulls include the RFL and a whole stack of other clubs - Workington, Whitehaven, Sheffield, London, Leeds, Salford, Huddersfield, Dewsbury, Batley, Featherstone and St Helens."

I was thinking the 'owed' bit related to the list that followed.

Ok I apologise to the list of clubs I mentally disrespected and I am back just mildly supporting the Bulls rather than fighting your corner. icon_smile.gif

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Where will the Administrators get their fee from though. Presumable only pennies in the pound from any liquidated assets.

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Done. 25/01/17.:



It would stick in the clack of the creditors if the administrators receive the full total of their outrageous bill.

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Quote: Blotto "The irony is that with all the money sloshing about in Union the RFU could afford to let a Club go to the wall, whereas the RFL through strapped for cash in comparison found it too difficult to let that happen at Bradford, though LW tended to be a nomadic Club with no real roots as opposed to Bradford, also it would have been interesting to see how they would have approached it if Leicester Tigers were in that sort of financial strife!'"


Not sure about being a nomadic club they have played at Old Deer Park since 1957

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Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total:d7dc4b20b2c2dd7b76ac6eac29d5604e_973.gif



Quote: rugbyreddog "Where will the Administrators get their fee from though. Presumable only pennies in the pound from any liquidated assets.'"

icon_lol.gif

All administrators etc work until the cash runs out. They get first dibs.

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