* better not I guess *

Don't know enough about your finances,so can't comment on them.But playing wise,i'm sure Bradford will be ok.You'll easily reel London in and i think over the season you'll overtake a couple more teams.
Chins up!!

Surprised all our visiting TUPE experts have not picked up on this yet:

We were told that all the staff had been TUPEd across to BB2014 Ltd from OKB Ltd, right?

So they are now all employees of BB2014 Ltd, right?

The same BB2014 Ltd that has seemingly just withdrawn its offer to buy the club assets and take over the SL License, right?

So this would be the BB2014 Ltd that is owned by Moore, Calvert and Watt and employs a load of people, but has nothing for them to do now? And nothing to pay them with?

My immediate reaction rhymes with Clucking Bell, but hey what do any of us know???

“In the last six months two other clubs have had to restructure their businesses, introduce new investment from owners and release players to avoid administration. For Bradford to effectively drop off debt as a result of the administration without a points deduction would have significantly impaired the integrity of the competition.

Think that sums up the RL'S stance on the situation. Not enough effort made by the directors to cut their cloth accordingly and live within their means.

Live within their rfl withold half their sky money means.

No.

It means that the directors HAD done that, but had not committed to put loads of their own money into the operation.

Lets see if Rot Hall can find some better idiots to pour their money down the sink, given that the last lot's offer was seemingly the best available?

IF the players are employees of BB2014 or whatever, and that is now in administration/still in administration their contracts are still valid.
It will be for them to ask to leave or for the administrator to find other clubs for them if needs be I.e there aren't sufficient funds to pay them.
In a worst case scenario it would also be at the administrators discretion to make the players (individually or en masse) redundant.
Having been here before, I don't expect this to be a given.
FWIW I think the 6 points is right, the rest though I think is overkill and could well hamper any potential takeover, this could be seen as the RFL signing the death warrant which would be terrible PR.

Then if no one is/was prepared to put cash in, then to live within your means assets have to sold. Wakefield sold Aiton, Amor, poore , smith, and cockayne and let Tuson move on before his arrival. Bradford tried to keep their unaffordable squad together, until Carvell and Sammut saw the light. London have done likewise. As the RFL state why should Bradford be any different?

But Adey's point is that the company they were TUPE'd too never actually bought the club so they are no longer part of the admin. They are now part of a failed buyout.

BB2014 is not in administration. OKB is. And it seems it is the administrator of OKB that is now running the club, since BB2014 has withdrawn its offer to buy it.

Who the hell holds the SL Licence, God knows. It certainly is not BB2014 Ltd.

But whover it IS, has no players and no staff. And there is no way that the staff can be TUPEd back to an insolvent company in administration.

This looks set to be the most unholy mess. And the players and staff are right in the middle of it all. It is their lives that are being screwed with, and their lives that those who seek and have been seeking perdition for the Bulls would seek to damage.

Big respect

This is getting really juicy.