FORUMS > Bradford Bulls > Renamed: Super League Europe Ltd buys the Bulls |
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| It's a bwoody disgwace!
Bwadford should have been liquidated. Wigan would then open up a five point gap, Leeds would move down a place in the table and Huddersfield would drop down to 8th. All cwubs they are due to pway away would wose out on wevenue because they wouldn't have a game to put on.
SL would wose the cwedibility it deserves to lose and would weduce the value of any new title sponsorship deal the RFL and SLE are going for.
Wook at the SPL and Wangers. The cwub chairman and economists going on about cwubs getting into financial difficulty and reduction of sponsorship monies because they aren't there. That's what we should have!!!
That's the wight thing to do for the good of the game. This stinks!!!!
Seriously though this is all dependant on Guilfoyle playing ball and is just the start of a long and painful road for us fans. It'll mean there's a club to support for the next five matches though and that's the main thing. I just hope the poor sods that have been working gratis for two months get sorted.
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| I don't see this as being a certainty that the Bulls will be in SL next year. SLE need to complete this years fixture list and this does that.
If someone buys the Bulls then fair enough, if the Bulls get to the end of the year with no buyer, then SLE could make sure Bradford drop into the lower leagues and run it at cost, or maybe even a profit.
The cost of the investment by SLE to buy the Bulls could be recouped by the member teams, through the increase in TV revenue each year from having the Bulls drop out of SL.
I don't know the figures, but say SLE need to pay £1million for the Bulls and the amount from sky per club is £1million. Then SLE cover the cost of purchase with the Sky money.
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| Quote: bewareshadows "I don't see this as being a certainty that the Bulls will be in SL next year. SLE need to complete this years fixture list and this does that.
If someone buys the Bulls then fair enough, if the Bulls get to the end of the year with no buyer, then SLE could make sure Bradford drop into the lower leagues and run it at cost, or maybe even a profit.
The cost of the investment by SLE to buy the Bulls could be recouped by the member teams, through the increase in TV revenue each year from having the Bulls drop out of SL.
I don't know the figures, but say SLE need to pay £1million for the Bulls and the amount from sky per club is £1million. Then SLE cover the cost of purchase with the Sky money.'"
It's slightly more than that actually, I think. It was originally reported as a £90+million 5-year deal, which is £18 million p/a split 14 ways, or £1.3m per club.
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| Not sure about this, it means we will see the end of the season then if still no buyers we will be gone. RFL could be playing a blinder here!!!
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| Quote: bewareshadows "I don't know the figures, but say SLE need to pay £1million for the Bulls and the amount from sky per club is £1million. Then SLE cover the cost of purchase with the Sky money.'"
I'm not sure why anyone thinks SLE will be paying anything to "buy" the Bulls, the costs they will incur are simply in running the club, as a newco, until the end of November.
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| Part of me is now hoping that we do see Bradford in SL next year now (up until now its been a case of, if they cant manage their own affairs they deserve to go). Can you image the fun that other supporters have when Bradford come to town. "We own you........OFFICIAL!"......
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| presumably SLE will have to pay sufficient to satisfy the creditors and pay guilfoyles bill. This figure plus costs incurred between now and end of season will be price someone has to pay to buy the club from SLE.
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| Quote: mikej "Part of me is now hoping that we do see Bradford in SL next year now (up until now its been a case of, if they cant manage their own affairs they deserve to go). Can you image the fun that other supporters have when Bradford come to town. "We own you........OFFICIAL!"......
"We used to own you......OFFICIAL!" will probably be more accurate.Think only way we'll be in SL next year is if someone buys us from SLE. Otherwise we'll be run as a championship side at best.
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| Quote: mat "presumably SLE will have to pay sufficient to satisfy the creditors and pay guilfoyles bill. This figure plus costs incurred between now and end of season will be price someone has to pay to buy the club from SLE.'"
The newco they will setup to run the club won't have any creditors, the RFL can transfer the clubs share to the newco without requiring any payments to anybody.
In terms of the administrators bill I'm pretty sure that is funded by whatever income has been generated over the last few weeks to keep the club going (gate receipts, money from the stock sale, donated ticket monies from Leeds) - the main reason administrators set deadlines is because they (claim they) don't have a way to fund the admin period going forward after the set deadline has passed. I'm happy to be corrected if I'm wrong on this.
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| Have they said how they are going to "run" the club? Are they going to re-employ the staff? If we run out of pitch paint who gets the blame?
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| Well, here's the key questions to me. (They may be rubbish questions to y'all, but hey ho
2.083984375:10
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207 |
30 |
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427 |
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Leeds |
27 |
530 |
488 |
42 |
28 |
Huddersfield |
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