Just to close all this nonsense out, we will not be going into administration. However, there is also no doubt from my discussions with a well known former coach that the fans pledge donations save the club.

So for crying out loud let's all be happy at that, pull together an get behind every one at the club from backroom to players and start moving forward!

Fair enough MBBB, and I'm also sick of it. I'm just going to try and focus on the rugby on Monday and wait for the next instalment of the soap opera.

Surely now is the time to sell players, there is no current administration hanging over bradford, so it would not be a firesale and you may get decent money for top players.

As for the investors, I think they have announced that they have already got one 500k investor. But that would only plug the original gap that hood announced. As there is still a further 700k of debt to clear, this is the problem. The guy with 500k is not going to put that in, too see the club fall short by 700k in a few months time.

That's great to know. I had no regrets about supporting the pledge whatever, but if it was instrumental in providing the breathing space to give the new regime a chance to save the club, then I'm prouder of the fact than ever.


A big 'hear, hear'. What can we do to help this effort move forward?

Apart from the fact that it clearly would, the point for me of the Pledge and any further efforts is to keep the existing club afloat, and avoid selling the family silver at any cost.

Alternatively, sell the lot, pay the debts and close the doors.

Well said that man!

The bottom line is, the fans (and others from the RL family) pulled together to keep the club alive, and we know if we hadn't, it would have failed.

Firstly, I'm pretty furious with the old regime. However, there's not much point in dwelling on that now.

Secondly, I'm unsure about the way in which the new regime has presented these figures (others have noted the potential for ambiguity with the way in which financial data can be used). However, aware that I cut the old regime plenty of slack because they were the ones trying to deal with the situation, I'm going to do at least as much for the new Board.

What I'm interested in now is how we can help the situation. We have dug into our pockets once, and though it seems to have given the possibility of saving the club, doing it again would not be practical. The board clearly have to come up with the majority of the money via investment, but I'd love us to be able to help further in some practical way. Ideas?

it really is shoddy the way fans are treated when a club is asking for help and turn to them to pull them out of the e

I feel for you all, its a shame that you didn't take the advice from the Wakefield Trinity supporters trust as you have only just moved the date by feeding the club

any way good luck for the future

if the worse happens then I doubt they would have much say

Perhaps we could all work together if we had some sort of plan to back? Presently we are fed doom and gloom with a sprinkling of "don't panic".

I am sure if we were told the whole truth about what we need to do to survive even if it got us through to the end of the season with the transfer embargo lifted we could pull together.

Suggestions for a plan

1. We need to raise a further x amount from fans to keep us going until September.
2. Season tickets will rise to x to ensure we survive through this year and provide a platform for 2013.
3. Offer a share issue? We hope to raise an additional x amount in share capital.
4. investigate ground share usage opportunities.
5. Review the internal operation to identify cost savings. We will raise x by doing this.
6. We will actively market to sponsors and bring in an additional x amount.

This could be launched at a fans forum maybe including a new auction?

Cash is the most important thing without it the club will go into administration.

Here's hoping!

This

Not to worry.....its all sorted, the missus has just informed me that its our turn to win the euro millions lottery on tuesday....watch this space!!!

Excellent! My comments
Don't think we could rely on this for too much, but if handled correctly and targeted at those who can [ireally[/i afford it, a further round of pledging might raise a five or possibly six figure sum. Perhaps it would be better to focus on fund-raising events, so that those who donate at least get some entertainment back for their money.

I think this is a given for next season.

If administratively possible and acceptable to current shareholders, I think this could raise quite a lot of money. The only danger, I suppose, would be to complicate shareholdings even further.

Bulls ground sharing with someone else, or someone else ground sharing with the Bulls? In the first case, the council's penalty clause would be a major stumbling block, unless waived, and in any case, it would have to be very carefully thought out to avoid losing again the fans we lost in our last decamping to Valley Parade. In the second case, I can't imagine any sharing arrangement bringing in more than peanuts (at best).

Hasn't this been cut to the bone already? Indeed, isn't there a case for arguing that better / less overworked back room resources might have helped avoid the problems that have arisen?

This has to be at the core of any solution.

Indeed!

Thats not a bad shout tbh...

What about creating a lottery syndicate? £1 standing order each week into a specially designated bank account, each saturday the money is withdrawn by account holders and x number of lotto lucky dips purchased.

Any small amounts of money (£500 or less) reinvested into lottery tickets and higher amounts pledged to the club.

I know it sounds desperate but a pound a week is probably a lot more affordable to the majority of us than another £100+ one off lump sum again.

I hate to say it, but investing £500,000 in the lottery now seems like a better plan than investing it in Hood industries...