Totally flabbergasted by this. So Hood has been lying about the clubs finances all along!! quote after quote of lies over the last 6 months..

For the record i'd happily give the Bulls £100 if this would secure our future but after being fed all this rubbish can we ever trust the board again??

Where's Ken Morrison when you need him!!!

But the RFL own the lease on odsal so that wont benefit Bradford I would imagine.

Won't help me at all (I'm a Saints fan). The RFL could just wave the rights to take the money. I'm trying to be creative.

No one wants to put £100 in a black hole , but they may put money to a black hole if they get a match out of it.

Well, I for one feel that we have been hoodwinked.

If shares were on offer then depending on the deal I might be interested but paying any more of my money to this lot is not going to happen, because they have destroyed any feeling I may have had that I could rely on anything they say.

It smacks of straw-clutching desperation to me anyway; a blithe PR-style spin on what is a critical, near-terminal crisis doesn't seem to me the way to go. And we have little explanation. Has the bank called the overdraft in? Is that it? Why not just say so? "Send us £100 within a fortnight or we'll go bust. But if you do, we'll be right as a bobbin". Each to his own, but doesn't cut it with me.

If things are really as bad as they seem, with the doctor's finger already brushing the off-switch on the life support machine, what is to be lost by coming clean as to exactly what, where and why?

I thought the salary cap was designed to stop this happening????
Its not worth thepaper its written on. IN fact, instead of helping us in our current situation, it could hinder us. If Wigan, Warrington, leeds etc... didnt have to comply with the cap, wed already have had money coming in as the likes of Bateman, Whitehead, even CRookes, might have been subject to a cheeky bid!

However, Part of me is now thinking that we'd be better off starting again now anyway. It might pull people together if we can get a decent chairperson, and the players on inflated deals would have to either be removed, or take a cut in pay. maybe, just maybe, there is light at the end of the tunnel and that light is ths chance to start at "0" and build again?

Well I've been told I am wrong about this , but my impression was that the cap was to level out the playing roster across all clubs.

You would need a break even rule to stop clubs being daft with finances, as the cap only limits a club to £1.6 on the players wages.

This is the tale I was told about the ground sale / lease deal, :-

`I was told the financial reasons why the RFL had to buy Odsal at the time of the deal going through. It now makes even more sense and it could be argued that the RFL have recovered from a poor situation. Bradford apparently approached the RFL after Christmas in early 2011 prior to the new season starting. The RFL loaned Bradford £ 700,000.00 in order for the club to continue trading, Bradford did not meet any of the repayments and the RFL realised that they were not going to get this money back and what ever assets the loan was secured against could only be realised if Bradford was liquidated. Move forward a year and Bradford are still in problems, low crowds , huge debt, creditors chasing etc etc. They again approach the RFL who see an opportunity to get their original £ 700,000loan back. A deal is agreed Bradford sell the ground to the RFL for £ 1,200,000. The RFL contra the £ 700,000.00 and hand over the £ 500,000 balance and get the deeds to the ground. Good deal by the RFL. `

Well if Jamie Peacock has pledged, i expect our players to

What you mean?

Got too say I hope that you can work everything out and become the strong force that you were in Super League. I can remember my own Team being in dire straits in the late nineties and selling ground to council.

Good Luck and again I hope that it all works out, as I have met so many Bradford who have always been brilliant to chat too over rugby, even when you use too give us regular hidings.

Quote: debaser "What you mean?'" https://twitter.com/#!/jamiepeacock10

Quote: debaser "What you mean?'" https://twitter.com/#!/jamiepeacock10

Thanks. As others have suggested, the fundamental problem appears to be the lack of income to keep the club going through an administration, at least for the rest of this season.

Whilst I sympathise with the Bulls fans I can't help but think that if this was Castleford or Wakefield most would be saying "tough luck".

I hope the Bulls can sort something out but I don't want it to be at the expense of fans if there isn't a long term financial plan that stops it happening again some short time down the track.

Where has the Andy Lynch money gone?