| FORUMS > Bradford Bulls > £3 million offered for bulls |
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| Quote: mat "no ones suggesting the RFL 'give' the lease back. The consortium want to Buy it back. So there is no big handout. Whether the amount the consortium want to pay for the lease and the amount the RFL are prepared to sell it for are in the same ballpark is I guess where negotiations are involved. As for consortium selling the ground in a couple of years, they cant as they dont own the freehold. All they can do is sell the lease ( which I think only allows the use of the site as a sports stadium).'"
Thanks for clearing that up, looks like balls in the RFL's court then as I would be very suprised if the other clubs vote to oust you. |
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| The RFL have already said they will not accept conditional bids - this is a conditional bid. Not sure that we have much progress  |
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[b:o4ot7fyi]Champions keep playing until they get it right.[/b:o4ot7fyi]:d7dc4b20b2c2dd7b76ac6eac29d5604e_68034.png |
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The consortium holds all the cards here!
The RFL will lose out when the ground is sold back at a much reduced price, which means in turn we as supporters lose out as that is effectively our money!
The consortium can hold the RFL to ransom, and this is exactly what they will do, they would be stupid not too.
The RFL (Richard Lewis) has a lot to answer for, the RFL should have never have got involved.
I only hope when the next SL club goes to the wall the RFL are there with a pot of money for them!
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| Quote: Cibaman "Except that it isn't really a "£3m offer". That's just the losses that they expect to make in the next couple of years. The key question is how much they're prepared to pay the creditors, which we haven't been told'"
what is your source for that? the TnA article clearly states "£3m offer to buy the Bradford Bulls", not "£3m business plan for assets and losses for next few years". I would guess that the lease buy back is included in that at whatever value.
but its what they see as the scope for increased revenue that I find interesting. all that car parking space would cater for much more than the coral stand, 7 days a week. |
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| Quote: martinwildbull "what is your source for that? the TnA article clearly states "£3m offer to buy the Bradford Bulls", not "£3m business plan for assets and losses for next few years". I would guess that the lease buy back is included in that at whatever value.
but its what they see as the scope for increased revenue that I find interesting. all that car parking space would cater for much more than the coral stand, 7 days a week.'"
If you ignore the headline and read the meat of the article I would agree with Cibaman |
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Whenever you find yourself on the side of the majority, it is time to pause and reflect.
Mark Twain
Build Bridges NOT Walls:1271.jpg |
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| Quote: wykebull "The RFL have already said they will not accept conditional bids - this is a conditional bid. Not sure that we have much progress 
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Its hard for thee to kick against the pricks!:7960.jpg |
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The RFL are now saying the adminstrater hasnt recieved any offer, wtf!!!
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| Quote: steamingbull02 "The RFL are now saying the adminstrater hasnt recieved any offer, wtf!!!'"
Yea, just read that on Sporting Life website and that administrator was unavailable for comment. |
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| Quote: steamingbull02 "The RFL are now saying the adminstrater hasnt recieved any offer, wtf!!!'"
Heartily sick of being treated like a mushroom now. Can they just sort it and tell us result when it's all over? |
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The poor man's bonaire:d7dc4b20b2c2dd7b76ac6eac29d5604e_32641.jpg |
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So the offer is to cover the losses for the next 3 years, no payment for creditors and the RFL hand odsal back to them for free?
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