It's true that I am not familiar with the corporate structure so I will have to accept what you're saying. It just seems a little bizarre to have a holding company as the trading company. In more than 20 years as an accountant I dont recall ever seeing that scenario. As I said, it tends to be at odds with the reasons for having holding companies in the first place. Hence my confusion. In the main, holding companies tend to exist to simply hold investments and not to trade, as I'm sure you're well aware.

Btw, I did say I was assuming so no need to be so sanctimonious from your obviously better informed position. Maybe just explain the actual position instead of being insulting ?

Bradford Bulls Holdings ltd is a nomenclature, it does not define the scope of its operations.
A look at its accounts will show that it both holds shares in other companies and trades in its own right.

You made the statement that a holding company is not allowed to employ staff. Rather surprised that in your 20 years as an accountant you believed that to be the case.

You stated that OK had bought BBH, when the public statements (including from the administrator) state clearly that it was the business that had been bought.

You didn't seem to appreciate that just because a company may have the word "holdings" in its name, it does not necessarily mean it is a pure holding company, even if I agree common sense would suggest it ought to be. I could reel off a list of trading companies with "holdings" in their name.

If I came across as insulting, that was not my intent. But equally, you came out with some statements as if fact which were anything but. Maybe judicious use of "my understanding is" or similar would have helped?

Only if they accept the TUPE

There is that. I was looking at if from the employer's obligations POV.

Quote: Adeybull " You stated that OK had bought BBH, when the public statements (including from the administrator) state clearly that it was the business that had been bought. '" The only report I have read on the matter is on the BBC website which states "[iBut administrator Brendan Guilfoyle said in a statement that he had sold Bradford Bulls Holdings Limited to OK Bulls Limited for an undisclosed sum[/i". Therefore I was misinformed by that report based on what you have subsequently stated. The BBC report is somewhat misleading and does not accurately reflect what has actually transpired, as I'm sure you'd agree. www.bbc.co.uk/sport/0/rugby-league/19446070 I was not aware that Holdings was a trading company, as I had assumed it was simply a Holding company in the conventional sense especially given that there appears to be a group of companies including BBL, Bradford Northern (1964) Ltd and Bradford Bulls Foundation Ltd. You have advised me that my assumption was incorrect, I accept that.

Quote: Adeybull " You stated that OK had bought BBH, when the public statements (including from the administrator) state clearly that it was the business that had been bought. '" The only report I have read on the matter is on the BBC website which states "[iBut administrator Brendan Guilfoyle said in a statement that he had sold Bradford Bulls Holdings Limited to OK Bulls Limited for an undisclosed sum[/i". Therefore I was misinformed by that report based on what you have subsequently stated. The BBC report is somewhat misleading and does not accurately reflect what has actually transpired, as I'm sure you'd agree. www.bbc.co.uk/sport/0/rugby-league/19446070 I was not aware that Holdings was a trading company, as I had assumed it was simply a Holding company in the conventional sense especially given that there appears to be a group of companies including BBL, Bradford Northern (1964) Ltd and Bradford Bulls Foundation Ltd. You have advised me that my assumption was incorrect, I accept that.

sorry for feeling a little elated especially as it now gives us an outside chance of reaching the play offs but you have hardly gone through the turmoil the Trinity has had to put up with last season

like you say it might not be all over

Did you really just say that we have not been through turmoil?
Where have you been for the last six months?

Spoke to a couple of the senior players and coaching staff after game. They are extremely positive about the future and us being in SL next season. They agreed that timing of announcement may not have helped, a game too far and all that. When the stress and worry stops the adrenaline stops a bit.

Needless to say they had no excuses though and were thoroughly pi$$ed off with the performance. However they were talking about finals rugby and see wakey slipping on a banana skin.

I also had the utter pleasure of chatting to Omar Khan. He was excited, positive and extremely open to ideas and comments. A very likeable fella.

Awful result but I've come home surprisingly happy.

any other small club would of been wound up and binned

you have a large supporter base and I do recognise that super league (rugby league) will be worth less without you and I haven't a problem even if the RFL say you can stay in SL for ever but come on take YOUR blinkers off now and see how your club has been propped up to keep the club alive

I'm pleased to hear that the club will survive so take joy from that and build

now that's very funny because I too expected to see Bradford do the same but not against a poor Hull FC

exciting now

I am just a fan, and regardless of your perception of events, we, as a club and as fans, have been through turmoil.

It is hard to see how it could be construed as otherwise.

look, being on the other side of the fence we have see all that has gone off at Bradford and tried on here to give quality advice,

its a shame you fans never listened as you could of been part of a group controlling your clubs direction

I sincerely hope your new owners have the integrity as we have in Andrew Glover that has taken a bigger task than he expected

We have told you and told you but you would not listen.

There was no way WHATSOEVER that we the supporters could have done ANYTHING to gain full or partial ownership of the club.

None of the major shareholders were prepared to sell. There were no shares available. And there was no way we could anyway have raised the sort of money needed to run the club post-insolvency anyway, even if other interests were not at play.

You lot never had to do it yourself. Kindly do not presume to lecture US. Some of us know a bloody sight more about it than you do.