Good luck for the future guys, i mean that sincerely!
My only offering is to get rid of the people who got you in this mess and start afresh, and sadly in this day and age that involves going into administration.
I nearly gave money to Trinity to help out when we were in trouble, but thought it would only be papering over the cracks.
As it turned out following administration we are in a much healthier position, many of the debts were unnecessarily but honourably settled by the new owner and the cracks that would have been papered over were actually too big to cover.
Plenty more will come out about the problems you have, and there will be some troubling times ahead, but keep the faith and fingers crossed you will emerge, as we did a better and cleaner outfit at the end of it.
I'm sure you will end up in a better place than where you are now!
Good luck.
KC

Good question. I, and imagine a lot of others would like the answer to this and some other questions before pledging money.

I feel for the fans, the players, the employees and the city of Bradford.

The years of buying success have finally caught up with the club in a Leeds Utd style. The BoD should have been more careful than living beyond the clubs means.

I do hope that the Bulls come out the other side on this. It might be a massive wake up call for all the clubs. If a team as big as the Bulls can go to the wall it can happen to anyone.

Good luck guys!

Anyone know what Kath Hetherington's doing nowadays?

Don't be fooled by the £100 pledge but most importantly don't listen to some on here who are saying "we will be alright if we go down the administration route". Its not always rosy as in Wakey's case.

SL needs Bradford Bulls in SL. The game cannot afford to lose 10,000 supporters. Good luck lads.
Castleford Tigers Supporter.

Hope it works out for you lot !

Proposal

I'm afraid the discrepancy between public statements Hood has made in the last two months and the situation revealed now is too great for me to have any faith that giving the board £100 will help solve the problem.

If however I was giving £100 or more to buy shares in a non-profit company managed by a supporters trust (Bullbuilder) with a managing committee elected by shareholders I would do so immediately - this trust could then nominate and employ a CEO. All I would ask in return was a shareholders certificate I could put on my wall. I would be happy if this were arranged so that shareholders are entitled to no profits or dividends and cannot sell, assign, or transfer a share to a third party. This is the model the Green Bay Packers have used and they are one of the most successful sporting franchises (and the only community owned one) in the U.S.

In this scenario we would once again be the people's team and I would have something to say I was an 'owner' of the club even if that didn't mean anything in practice other than giving me a vote for who the management committee of the supporter's trust of which I'm already a member.

Given Bullbuilder already exists and I have more faith in the financial management of those organising it, wouldn't it make more sense to donate our money (£100 or whatever people can afford) to the trust and then perhaps we could arrange a loan as an interim measure to the club on terms that could see the eventual transfer to a new model of ownership along the lines suggested above?

How much cash would normally be generated from non season ticket holders at the Leeds game?

I could be wrong but I think the club would be hoping to raise 500k on top of the expected income from this game so although the all ticket idea is a good one I'm not sure it will be enough.

I remember the gut turning feeling when I thought Hull FC were going out of business.
Good luck with your effort feel for you all.

Correction SL needs a VIBRANT Bradford Bulls in SL perhaps, but to say NEED is a dangerous attitude, and probably one in line with the people who got the Bulls into this situation.

I just want to add that I hope that there is a positive outcome to all of this for the fans and people who are involved with the club who aren't responsible for this situation.

For info, We are holding an emergency board meeting tomorrow evening to consider the situation. We've also been contacted by Supporters Direct, the umbrella organisation for supporters trusts, and by the media asking for comment. We've told everyone that we'll revert after the board meeting.

This is a hugely important comment, that all Bulls fans should take note of; if you have other places to put your money that will benefit the club long term that should be your aim.
Otherwise the begging bowl will be out again in the near future and the people in charge will still be in charge after another bail out by the supporters.
put your faith in yourselves and your supporters trust.

I'm with you on your first paragraph.

I wish the second were somehow possible, but I don't see it. We are a big and expensive organisation and just meeting the weekly wages bill to say nothing of expenses must be a huge ask. I am sure that there are able brains in Bullbuilder but who has the time and the willing to join a new board to run an operation as big as the Bulls, and anyway where is the money going to come from between now and next year's season tickets?

I am struggling to see any realistic way out of this that leaves us as a recognisable SL force, unless the fabled sugar daddy picks now to emerge on his chariot from the troubled skies.