FORUMS > Bradford Bulls > Peter Hood says Bulls on brink of going bust. |
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| Quote: El Diablo "I don't think I would agree with that. As far as I understand (and if I'm wrong I will back quietly away from this post) the club is currently a private business, owned by a group of shareholders? So, having mis-managed the finances and screwed the whole thing up, if they are successful in getting enough pledges to stay afloat, the shareholders pocket the cash and are left with the (apparently now viable) business. With their asset secured, at your expense, they then get back on with the serious business of getting you to pay to use said asset.
If you bail the company out, you won't get a new board, so it has to be one or the other.
I am a big fan of the way RL fans come together in times of difficulty, and I would donate to a collection of some sort to keep Bradford afloat, but only if it was done in a way that involved the club either being under new management, or handing over some equity and executive power to a group representing the fans. I would help the fans gain the finance to do that, but I wouldn't be donating any of my money to secure the position of private businessmen and bail them out from their poor decisions.'"
If I'm given the choice between: administration, losing our best players, a new board
OR
the same guys running the club now, but we survive this mess without a fire sale
Then I choose option number 2, every time, without a moment's hesitation. Some people want answers before they pledge, that fine. But I'd rather have a rugby club to support.
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| Quote: Ewwenorfolk "Agreed.
But I just can't imagine my life without the Bulls. Fscked either way really, but I'd rather risk it and have a club to watch.
We've saved about 200 quid on season tickets past couple of years too.'"
I'd agree if I really thought the Bulls would cease to exist. I don't believe that. I think you'd still have a club. It might have to go through some tough times first, but administration would give you a fresh start.
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Others/MINOTAUR.JPG Crude and slow Whino, your attack was no better than that of a clumsy child.:Others/MINOTAUR.JPG |
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| Quote: RTB "like most other people I need more information before I'll consider giving any of my money to Peter Hood and co.
Where is the money going that we raise?
where are we getting the other 500k if we do raise that much?
and what assurances are they that this wont happen again?
I'd be willing to donate something to save my club but i need answers im afraid.'"
I've just pledged, but i would also like the answers to those above and many more.
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33791.jpg [b:1swa1vwo]Change is inevitable
...except from a vending machine![/b:1swa1vwo]
[quote="BillyRhino":1swa1vwo]So in best IA mode ..<.Possibley World Class, could be the greatest thing since sliced bread....am personally very excited, and confidently expect him to prove my predictions are bang on target.... Alternatively he could be rubbish>
IA mode off. [/quote:1swa1vwo]:33791.jpg |
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| Quote: El Diablo "I admire your commitment, but I honestly think there are better ways to save the Bulls. This scheme just looks like saving the interests of the current shareholders to me. Sorry.
I am such a Leeds supporter, and I'd pledge to support fan takeover, but honestly, if this was Leeds, I wouldn't be pledging my money to our shareholders with nothing in return.
Think harder Mr Hood.'"
Spot on, and as fellow Rhino, I agree with you.
As is said, I watched some now very close friends and Trinity supporters initially thinking this was a good idea start to reasonably collectively realise just this is just a waste of money!
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| I know I'll be pledging today, just waiting for Bennett to email me back with answers to my questions.
Last one is where are the buckets. Finished Uni for easter now, so I'm thinking about setting up stall in the train station, not going to be reaching the thousands, but every little helps, right?
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| The current board members are not "the club", I'm not inclined to send money their way so they can stay in their ivory towers given the opportunity to mis-manage the finances all over again.
The fact that there was a pre-planned, pre-packaged mailshot tells me this is about preserving the status quo who have, at best, consistently misled the supporters about the state the club is in.
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| On another note, not everyone can stump up money but I know from experience that there are lots of people willing to offer time. Maybe people could flood follow Ewwenorfolk's lead and look for other ways to support the club. I'll happily carry a donations bucket on a stag doo I'm on in Barcelona this weekend
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| Who are the shareholders at Bradford? Are they putting any money in? Why would people put £100 in to back up the club and get nothing back for it?
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| Quote: Bullboy "On another note, not everyone can stump up money but I know from experience that there are lots of people willing to offer time. Maybe people could flood follow Ewwenorfolk's lead and look for other ways to support the club. I'll happily carry a donations bucket on a stag doo I'm on in Barcelona this weekend
Jeez, I'd end up spending it on Spanish Hookers, San Miguel and Charlie.
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| Quote: Bill_Barlow "Who are the shareholders at Bradford? Are they putting any money in? Why would people put £100 in to back up the club and get nothing back for it?'"
Because the thought of it being our last match ever is too much to bear.
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33791.jpg [b:1swa1vwo]Change is inevitable
...except from a vending machine![/b:1swa1vwo]
[quote="BillyRhino":1swa1vwo]So in best IA mode ..<.Possibley World Class, could be the greatest thing since sliced bread....am personally very excited, and confidently expect him to prove my predictions are bang on target.... Alternatively he could be rubbish>
IA mode off. [/quote:1swa1vwo]:33791.jpg |
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| Quote: Ewwenorfolk "I know I'll be pledging today, just waiting for Bennett to email me back with answers to my questions.
Last one is where are the buckets. Finished Uni for easter now, so I'm thinking about setting up stall in the train station, not going to be reaching the thousands, but every little helps, right?'"
Listen... just take mine and Clans advice. The Wakefield fans demanded the money be held in ESCROW, ask them to do this - get them to publish the signed legal ESCROW agreement from their solicitors detailing exactly what the target figure is and when this needs to be reached by for them to access the money.
Then the club can publish the ESCROW account details and get people sending in REAL money as opposed to pledging money!
That all said, as Clan and many other Wakey supporters are saying, don't waste your money! Once the emotions have settled, you will come to realise, like they did, that it is not worth saving the existing management and while administration is very scary and brings the unknown, it probably is the best long term hope for the club!
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| Quote: Bulls4Champs "Jeez, I'd end up spending it on Spanish Hookers, San Miguel and Charlie.
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| Quote: Ewwenorfolk "Because the thought of it being our last match ever is too much to bear.'"
You are not being offered a good deal by the club though, they expect you to just pay to cover up how badly run the club has been. You need a change all together at the top. We have landed on our feet with Ian Lenegan buying us and takin us away from Whelan and Lindsay i hope you get someone just as good.
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Pollsters doing Excellent job - say recent polls.: |
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| I would like a PLEDGE (is that how you do it?) from the BoD - to match pound for pound the money raised by supporters.
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30596_1286642206.jpg If there is no struggle, there is no progress. Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle.
Frederick Douglas:d7dc4b20b2c2dd7b76ac6eac29d5604e_30596.jpg |
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| Awful news for Bradford, the very best of luck in getting things sorted out.
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