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Quote: Bullseye "That assumes a new club would be formed immediately out of the ashes doesn't it?

Seems unlikely.'"


Suggest to me the RFL might be considering supporting a temporary vehicle for enabling that to happen? Would make massive sense for them if they did, when you consider the alternative.

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Anything to avoid messing up the league standings for everyone else and highlighting how ridiculous the whole magic weekend has become (or always was). Then they'll just crucify us once the season is over.

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Quote: Bradford Badger "How would the RFL (or anyone else for that matter) expect a group of fans to run the club until the end of the year. Absolute bonkers.

Let's all give up our jobs, find loads of cash from nowhere to pay the players until the end of the year and while we're at it, lets pick the team by a public vote each week.'"


Oh, and lets hold the world for a few months while these supermen put together a prospectus, in accordance with all the relevant financial legislation, to go out and try and raise money from the public. I'm sure the administrator will wait a few months, and find some way of paying the bills in the meantime?

Its all a lot different to how it was in Trevor's day. The numbers are much bigger, and the legal requirements are far more onerous.

And that is even if we had seen hordes of people demanding this be done, and volunteering their services for a protracted period.

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As you say Adey, this idea is a non starter.

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Quote: Bullseye "As you say Adey, this idea is a non starter.'"


I am not sure you can dismiss any potential source of capital in such an offhand fashion - or are you still hoping vainly for the elusive suger daddy?

If anything rises from the ashes of the current club it is likely to have to rely much more on fans giving time and volunteering to help - as there simply wont to be the funds for full time employees so is it unreasonable to offer fans a small stake in the club?

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Quote: Northernrelic "I am not sure you can dismiss any potential source of capital in such an offhand fashion - or are you still hoping vainly for the elusive suger daddy?

If anything rises from the ashes of the current club it is likely to have to rely much more on fans giving time and volunteering to help - as there simply wont to be the funds for full time employees so is it unreasonable to offer fans a small stake in the club?'"



Its not the concept as such. Just the idea that a Supporters Trust could emerge and seemlessly takeover in mid season that's nonsense.

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Quote: Cibaman "Its not the concept as such. Just the idea that a Supporters Trust could emerge and seemlessly takeover in mid season that's nonsense.'"


Not suggesting that - but if something does emerge from the current situation its a way of bringing some more capital into Newco and broadening the fans involvement. I think you could also make the point that after what the fans have done in the last few months then Newco could both acknowlege this contribution and at the same time strengthen the core fan bases engagement with the club by offering some shares - not as investments but more recognition of their contribution

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Quote: Northernrelic "Not suggesting that - but if something does emerge from the current situation its a way of bringing some more capital into Newco and broadening the fans involvement. I think you could also make the point that after what the fans have done in the last few months then Newco could both acknowlege this contribution and at the same time strengthen the core fan bases engagement with the club by offering some shares - not as investments but more recognition of their contribution'"


Fair enough but obviously that's a non starter for this current season as I said earlier.

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To run it as a supporters trust of whatever flavour, you would need a set of people who were rich in spare time, rich in business experience, short of a life, and able and willing to sacrifice 40-50 hours a week permanently, for nothing, to run what is a multi-million pound turnover business.

A bit like the Board we just sacked, then.

I would imagine the odds of finding such a cadre of volunteers able and willing to set this up and run it are probably as long, if not longer, than the odds of finding a sugar daddy.

I also fail to see how a bunch of well meaning amateurs, even if by some miracle they were to step forward, would be able to solve the funding shortfall which we are given to understand is maybe £1m - £2m a year. Or maybe they would coincidentally be the world's financial geniuses too? Anyway, to me, some sort of volunteers supporters trust trying to run an operation like this is just pie in the sky, it can't happen.

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Quote: Ferocious Aardvark "To run it as a supporters trust of whatever flavour, you would need a set of people who were rich in spare time, rich in business experience, short of a life, and able and willing to sacrifice 40-50 hours a week permanently, for nothing, to run what is a multi-million pound turnover business.

A bit like the Board we just sacked, then.

I would imagine the odds of finding such a cadre of volunteers able and willing to set this up and run it are probably as long, if not longer, than the odds of finding a sugar daddy.

I also fail to see how a bunch of well meaning amateurs, even if by some miracle they were to step forward, would be able to solve the funding shortfall which we are given to understand is maybe £1m - £2m a year. Or maybe they would coincidentally be the world's financial geniuses too? Anyway, to me, some sort of volunteers supporters trust trying to run an operation like this is just pie in the sky, it can't happen.'"



I await some bright spark coming on here to point out that FC Barcelona are a Supporters Trust icon_lol.gif

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Quote: Bullseye "Fair enough but obviously that's a non starter for this current season as I said earlier.'"


I think most of us will be more than happy just to see the team complete the rest of this season!

But I think going forward we would all like a club with the firmest foundations possible and equally - assuming we are still in the higher leagues professional management - neither a supporters trust or interferring shareholders

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Quote: Starbug "I await some bright spark coming on here to point out that FC Barcelona are a Supporters Trust icon_wink.gif

PS a quick Google suggests Barca are in financial strife, trying to implement a 4 year "austerity" programme of cuts, and drive down a management wage bill of pushing €30 million (excluding bonuses).

But they do have a bloody good team.

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Quote: Cleck Bulls "now i know a lot of you have given money all ready and not everyone can afford to give more money in this hard economic time but do you think the fans could have part ownership in the club. I understrand that Brendan Guilfoyle says we need £300,000 in 10 days. Im sure there will e talks with investors but do you think us fans could at least have one last push because i am not prepared to lose this club.




1 short awnser NO, the club need 200k every month just to pay the staff, and there is the ground rent, that's before the unpaid tax. The current management at the club have a lot to awnser for and if the true extent of the finances were known when they asked for the fans pledge they would not have got the money then, they were dishonest with the fans, not disclosing the true state the club was in and although I have the greatest respect for the players and more so the fans they have only got themselves to blame, but I do the RFL knew about the finances that is why the bought the ground and they should accountable as well.....

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if the bulls reform as a new name do you think we could be called the bradford northern bulls?

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Quote: daveyz999 "Really needs someone to bankroll us until the end of the season, then put in place a viable business plan.'"


Exactly

Also "Super League bosses will allow Bradford Bulls to finish the season as a new company even if the club goes into liquidation in the coming weeks. "

How can they make that statement, when we dont even know if there will be a Newco, and the Newco will also need to fund losses for the next 12 months plus until the wage bill is cut.

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