If what elred is saying is true I would expect the rfl to suspend the club from the sport til further notice so 2018 is probably back on the agenda

The only possible response from the RFL that I can see if they want this sorting by the start of the season is something like:

"We are delighted to announce that we have found a last minute buyer for the Bradford Bulls prior to the formal liquidation of the company. We have previously conducted formal checks to ensure that the new owners successfully meet our stringent criteria and are able to move the club forward. As the club are no longer being formally liquidated and the new owners have put forward a suitable business plan to satisfy creditors, the Bulls will remain in the championship although will have to have a 6 point deduction for entering administration. We will support the new owners to ensure they continue to develop the club and offer the new company the same financial support in terms of funding and salary cap that all other championship clubs have been offered."

"The club" is used in different ways at different times. Nothing new so far as RFL concerned.

However for the formalities, there is the club which is the limited company that owns the business; and there is "the owner" which is the person who controls the limited company and needs to pass the fit and proper test. And of course as we know in Omar's case, was also required to sign up to personal guarantees as well.

There's not much simple about membership. You have to be either a subscriber to the Memorandum of Association of what is now RFL (Governing Body) Ltd (which was set up at around the turn of the century when the unincorporated RFL was in serious danger of going bust, to protect the members from potential liability to creditors - ironic that).

If there is an insolvency event or indeed a change of ownership the Board of RLFGBL has the right (but not obligation) to terminate the membership. In insolvency it also has the right to readmit that Member or admit a new member on any terms it thinks fit, including sanctions; and as the more anal of you may recall, in the case of re-admissions, may also deem that membership continued as if membership had not ceased at all.

The Board also has the right (but not obligation) to state in advance of acquisitions, insolvency etc. whether a member would be readmitted or a new member admitted and if so on what terms.

I'd without more therefore assume that the new buyers have already been given the nod by the RFL, rather than blind-siding them, especially as the powers are discretionary and you never want to be on the wrong side of a body who has complete discretion over your case!

You're not allowed to start with scissors, you can start with two rocks and work your way up like everybody else

So, a blade with a handle?

Will the club be retaining the 'Bulls' brand, although I would like to see you revert back to 'Northern', if of course a new co comes to fruition.

'Up to'. I wouldn't count on the blade...

If the Richardson bid is successful, the fact he's acquired the domain name for the website and stuck wth the Bulls branding on the holding page, suggests he'll be sticking with that name. If it's anyone else, god knows.

We're alright for paper what with the pile of unopened HMRC demands.

As long as they're minus points....

We had two rocks but only on paper.

rlThis Is What Is Writtenrl

Cheers.

https://beta.companieshouse.gov.uk/company/10548988

https://beta.companieshouse.gov.uk/company/10548988