FORUMS > Bradford Bulls > Peter Hood says Bulls on brink of going bust. |
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| Quote: Theboyem "If, as is claimed, the bulls are debt free bar this short-term cash flow issue then interest on debts can't be to blame for losing 100k a month. So where is all the money going? Is there going to have to be a major staff and squad cull anyway? How much is the rent that is being paid to the RFL? What is the great master plan to prevent the club being in the same situation in 12 months time? There is an awful lot of questions that still need to be answered sharpish i reckon.'"
Caisley/RBS/RFL's fault - that's all anyone needs to know.
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| Quote: Theboyem "If, as is claimed, the bulls are debt free bar this short-term cash flow issue then interest on debts can't be to blame for losing 100k a month.'"
The article doesn't specify whether that is losing £100K a month now or projected. Could read it as that being the outgoings at the moment with debt repayments included.
Quote: Theboyem "How much is the rent that is being paid to the RFL?'"
Is the question that needs answering, was what worried me at the time of the lease sell off - long term how can a change in rent from "peppercorn" to "market" be considered a good thing. Suspect it was desperation for quick cash and not long term security at all.
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| What a great guy.
Perfect time and way to finally pipe up about Bradford's pro RL team.
What a fookin clown
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| Quote: Asim "Caisley/RBS/RFL's fault - that's all anyone needs to know.'"
Not forgetting George Mimmis, Mat Orford, the French tax system
Who else?
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| I'm sorry but what's the soure on this?
We already know that Caisley is trying regain control of the club and got a nice article in the T&A about doing that when the pledge was making good ground. I view this as another attempt to derail the pledge and stop people fulfilling what they've told the bulls.
If the bulls were really losing £100,000 a month how is the debt so low and my view is we'd already be out of business.
Also apart from saying the bulls need to come clean what on earth has Mr Sutcliffe done, absolutely Nothing....as he been in touch with the club yet, as of a week ago he hadn't. He's seen an opportunity to get his name in the paper with some free PR and taken it.
Sorry guys but there's a battle going on for the hearts and minds of supporters and this probably isnt going to be the last revelation that comes from the T&A, I just wish they'd be a bit more objective.
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17822_1260441142.jpg Never choose a wife or bedlinen by candlelight
I'm only using this username because, since migration to the new server, I'm unable to log in to my usual one as the e-mail address no longer exists and I can't remember the password.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17822.jpg |
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| Quote: M@islebugs "Not forgetting George Mimmis, Mat Orford, the French tax system
Who else?'"
Mystic Eddie?
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| Quote: Northern Lad "Sorry guys but there's a battle going on for the hearts and minds of supporters and this probably isnt going to be the last revelation that comes from the T&A, I just wish they'd be a bit more objective.'"
If the board would be more honest and clear about the situation then any (claimed) lack of objectiveness wouldn't be an issue.
Though six years of everything being someone else's fault suggests that will never happen.
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| And which sports team does Bradford's heroic last Labour MP support?
That's right - Manchester United.
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| Quote: debaser "Gerry Sutcliffe's two penneth:
Whilst accepting that all politicians are self serving and rarely give a fig about their constituents until a vote is needed he makes a very valid point.
I would suggest the least the fans deserve from the board is the truth, the whole truth and nothing but the truth especially after pledging £480k of your hard earned money to save their business. It's not like it would put anyone off being interested in the club as they would find out the warts and all through due diligence anyway.
Personally, I think the board of directors are treating you like a bunch of mugs and should be ashamed of their whole stance throughout this mess.
If they really put up surety of 10 times the value of the overdraft then they must have been prepared to risk such surety. If there is such a surefire plan to make the club work after this immediate cash influx then why weren't they willing to realise one tenth or even one twentieth of their surety to get to that situation. Where's that supposed commitment now ? Why didn't they pledge the final 4% rather than extending their own deadline to let you stump up some more.
I think it stinks, notwithstanding the fantastic efforts you lot have gone to. You should be very proud, I just feel that this is only the beginning of a long story.
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| Quote: Asim "If the board would be more honest and clear about the situation then any (claimed) lack of objectiveness wouldn't be an issue.
Though six years of everything being someone else's fault suggests that will never happen.'"
Hindsights a wonderful thing Asim, something CC may think as well after the Harris debacle. I'm not sure the club have said everything is someone else's fault, they've absoloutely made mistakes and given their time again might do things differently.
The issue for me here is another story in the T&A which will have a detrimental affect on the pledge, for me it's nailed it's colours to the mast pretty early and looks like its being fed stories.
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| Quote: Peter Hood "“We’ve made huge steps forward but we need to keep the pressure on and in rugby league jargon we’re on the line and we need to get over the line and get the ball down and that’s what we’re focused on now.”'"
On the line is a try, Peter
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| Quote: Bulls4Champs "On the line is a try, Peter'"
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| I'll give Peter credit in that after todays game he had time to answer to all my questions, with open honest replies and not once did try lead me astray with any BS.
Unfortunately I'm still of the opinion that
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| Please Mick you can't leave the post like that surely.
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