FORUMS > Bradford Bulls > Renamed: Super League Europe Ltd buys the Bulls |
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| Who is Highlander? How come he/she knows so much?
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| Quote: Highlander "
They have offered a newco deal to BG , thereby leaving old debts, behind.
If a new owner doesn't wish to remain in SL then they can ignore the old debts.'"
Contradiction? You say there won't be any historic debt!
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| Quote: debaser "Who is Highlander? How come he/she knows so much?'"
There can be only one
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| Quote: dboy "Contradiction? You say there won't be any historic debt!'"
1. Oldco will have historic debt
2. newco will not
3. if newco new owners want SL then they make ex gratia/without prejudice payment (AF is that the right terminology?) of oldco debt off thereby demonstrating that the RFL have done their best for creditors and in particular HMRC.
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Aug 2012 | 12 years | |
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| What a laughing stock the Fat Controller is making of rugby league does this mean any club in super league will be saved if there about to go bust or just any of the so called top 4/5 .
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| So any new owner can literally BUY a Super League franchise spot!!!
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| Absolute disgrace, a kick in the teeth to lower leagues. Clubs submitted franchises at great expense and were deemed not worthy of a snooper dooper spot. Do you fans not think about other clubs? Why should you stay in SL? And as far as using tv money when you go into championship, well we don't get a penny off tv rights and we are not on sky. I feel for the bulls fans but there are thousands more not seen there clubs reach the highest levels.
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International Star | 387 | No Team Selected |
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Sep 2010 | 14 years | |
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| Quote: Big Dutch "What a laughing stock the Fat Controller is making of rugby league does this mean any club in super league will be saved if there about to go bust or just any of the so called top 4/5 .'"
Where have you been for the last 5 or so years ? Top 4 or 5
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Club Owner | 8224 | No Team Selected |
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Dec 2003 | 21 years | |
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Sep 2012 | Sep 2012 | LINK |
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| Quote: peanut "Absolute disgrace, a kick in the teeth to lower leagues. Clubs submitted franchises at great expense and were deemed not worthy of a snooper dooper spot. Do you fans not think about other clubs? Why should you stay in SL? And as far as using tv money when you go into championship, well we don't get a penny off tv rights and we are not on sky. I feel for the bulls fans but there are thousands more not seen there clubs reach the highest levels.'"
Who says we're staying in SL? No such guarantee has been made.
You need to look at the facts without your bias and jealously colouring what you see.
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Club Owner | 8224 | No Team Selected |
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Dec 2003 | 21 years | |
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| Quote: dboy "So any new owner can literally BUY a Super League franchise spot!!!'"
Well done. You've proved that 2+2=Yellow.
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International Star | 470 | No Team Selected |
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| I think some are missing the point. Next wk every bulls player will go in search of a new clubs leaving no players...or dead wood that no one wants. Many would say that the dismantling of a club isn't an unfair advantage given by the rfl
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International Star | 470 | No Team Selected |
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| I think some are missing the point. Next wk every bulls player will go in search of a new clubs leaving no players...or dead wood that no one wants. Many would say that the dismantling of a club isn't an unfair advantage given by the rfl
Devastating
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International Star | 2524 | |
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| Quote: Highlander "Interesting. Not been thought through yet.
It would need policing as the situation would arise that Hull could bid for one of our players and HKR would have a vote on whether Bradford should accept it or not...'"
Thats the route i was thinking, say cas and wakey want one of our players would the other teams then have to vote on where said players goes, or would it just be players choice?
The feeder system will be very like the NRL then if that does happen as alot of the top teams have feeder clubs in the lower leagues. Also similar to Real Madrid and Barcelona who have feeder clubs which run as their reserves playing in the second tier of spanish football
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Moderator | 8103 | |
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Jan 2002 | 23 years | |
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| Quote: peanut "Do you fans not think about other clubs? '"
You might have an axe to grind with the RFL, Superleague, the other clubs, but I fail to see what possible reason you have to have a go at we the fans.
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International Chairman | 28357 | |
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Feb 2002 | 23 years | |
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| Quote: KR RRTR KR "taken from the hetherington statement as posted on previous page..
"The Super League clubs do recognise the risk, they are responsible for any liabilities going forward. But the future and the prosperity of the Bradford Bulls is much more important than any short-term financial loss that the clubs may suffer"
that means they take on the debts...'"
If you look up " debts" in any convenient dictionary, you will learn that this is a word which is traditionally used to refer to money which is owed historically. I.e in what we know as "the past".
Now, look up " future". This is all about things which haven't happened yet. If I buy a business, then indeed I will be responsible for any liabilities it incurs " going forward". I.e in what we know as " the future".
Once you manage (if you do) to grasp the difference between " past" and " future", you then need to progress to more complex expressions, starting with 2-word terms. Work on that, and you'll be well on the way to understanding that " past debts" (which means debts that were run up in the past) is completely different from future liabilities (which means liabilities that will be incurred in the future)
HTH
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