I just want us to avoid a points deduction just so I can watch the explosions of self rightious fury

Apparently Mick is doing some work for Al Jazeera, I just hope his lack of activity on here doesn't mean he accepted an offer to fill an unexpected vacancy in Egypt!

So to clarify- London and Salford were not in administration? Because they made arrangements to pay back creditors? So no points deduction? How does that differ from this? As far as I understand, all creditors have been or will be repaid in full apart from OK. Which is a different thing. So a points deduction IMO would be harsh. Unless we all got one.

The whole thing is a total s.ac.k of s.h.it anyway. I hope there are some people out there feeling very ashamed. Doubt it though.

I don't think the statement made anything clear with regards to paying Ok Bulls creditors. It's very unlikely they'd have said anything before speaking to creditors, to avoid painting themselves into a corner, just in case they can negotiate a settlement. ATM there isn't enough information made public to determine who'll get paid what.

new statement from chairman on website

I like these folks in charge now. No players are for sale and the whole squad is ring fenced, its exactly what we want to hear before the big kick off starts.

Would be nice if we could add 2 more forwards, but still this is brill news.

So glad we haven't lost anybody really vital to us.

How utterly arrogant of the Bradford Bulls directors:

a) "we're not going to pay a penny" (to the major creditor) and

b) we're not going to sell ANY of our first team squad.

For a club that's just gone into Administration (again), I can't think of a more clear cut case for a 6 point deduction.

How has all this infighting come about? I thought Omar saved us. How did OKBLTD end up in so much debt and who to? Why was Omar in it to start with? Good will, make a quick dollar, or some other scheme? How have we gone from being safe to almost having no club again, or am I miles out here?

Its all in this and other threads mate. You just need to have a good read through.

I kept away from this and other forums for nearly 8 months. There were seveal reasons, but a major one was that I did not want to run the risk of expressing (increasing) financial concerns that might not help the situation.

I thought a club that went into administration got a points deduction automatically just how many to be decided.

Unless the rules have changed ??

Would have thought the only reason to sell players to raise capital or to just get them off our books so we save money, looking at it we are only on a £400k shortfall which will be addressed going through the season so reason for us to sell players is not needed.

OK bulls was put into admin so BB2014 could take over the club as the agreement for the shares fell through, if the RFL met with the new board and it was ratified they must have known this could happen and been through the outcome why all of a sudden has it now turned out to be an issue?
Us going into admin like last time and admin for an hour our so are completely different if it was any other club I would not give a stuff, we didn't even appoint an administrator, as it was all set, if BB2014 had taken over then OK put into admin would they still all be moaning, no just desperate for the bulls to get a pt deduction as it then gives other teams an advantage, I hope we do get one 4pts shouldn't it then we win our opening games and are above wakey and London and whoever else and stay there, then it gives them option to winge that we should have been made to sell Our players.

I think that is still the case. But the deduction COULD be zero points. The new board are clearly hoping to secure that result, but I guess theoir actions will determine if that is practicable and equitable.

The issue, though, is not whether a club goes into administration. That is one of a number of means of dealing with insolvency, but it is ALSO a valid and legitimate way of resolving major disputes e.g. between shareholders. There are other means of dealing with insolvency, including CVAs (where inevitably creditors are offered x% over y period), informal arrangements, and of course liquidation.

The issue the RFL rightly addresses is whether a club receives an unfair financial advantage by going through a process tthat involves loss to its creditors. Whatever that process might be. No loss, no advantage therefore no need for points deduction. It could be argued that 6 points is far too little a loss if you shaft ALL your creditors. My head agrees. My guess is that once the new league structure is in place, we may see a far higher points deduction or even automatic relegation - since they are clearly trying to stop relegation (or promotion, for that matter) resulting in oblivion. I would support that, then.

Then you have the shades of grey in between, if there is some loss but more limited. That seems to be on what the number of points deducted hinges, as far as I can see.

We'll done for clearing up adey, in football don't they have a 24pt deduction for admin, but I do agree, the last time our creditors where left out to dry so 6 pts was fair, but as we are paying the creditors and this was maybe the on.y way for the new guys to take control, also agree if we do get deducted we should gets some money back for this year unfair us being done twice but as one is with the RFL and the other with SLE we are between a rock and a hard place.