Celebrating 25 years service to the Rugby League Community! |
| I'm incredibly ill informed about the rationale, history, explanations, accusations and possible scenarios encompassing our ownership and problems. I can't be bothered reading FAs, Adeys or the other worthy but gigantic posts which I'm sure I'd find helpful (you may mis-read all that as sarcasm but it's a straight-bat summary of me). After admitting that as my baseline, what I could do is make either inane posts about cutting cloth or dribble out a few fallacies. But I feel that would be a bit silly so I don't say anything. If you catch my drift.
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Quote: Adeybull "You've lost the plot, Dweeb. The administration receipts and payments account is a matter of public record. I am looking at it now. The figures are as I stated. Are you accusing P&A of presenting an incorrect or even fraudulent report? I have accused them of all manner of things, but deliberate falsification of a legal document would never be one of them. Quote: Adeybull "The RFL was funding the Bulls prior to BBH enteing administration. I have stated more than once a period of 6 months in total when the RFL put money in. Your figure only shows the amount paid to P&A during admin. Guilfoyle was in situ well before that undertaking a review in a personal capacity.'" All you have done is seek to justify why the RFL confiscated c.£1.3m off future, and blameless, owners, without providing ANYTHING to support the reason for that amount. Quote: Adeybull "Ask Cailsey, Hood etc who funded the Bulls when the financial mess came to light. Here's a clue, it wasn't them.'" Yet it was YOU who stated, right at the start [i"It wasn't a fine as there is nothing in the operational rules regarding financial punishment. It was the RFL recouping the huge amount of funds it had to pay the administrator to prevent liquidation".[/i I think I have demonstrated that it most definitely cannot have been that. Which makes you either mistaken, seriously disingenuous or a liar. Quote: Adeybull "It wasn't a fine. Not giving the same club money twice over isn't a fine'" You seem to be acknowledging, absent any rebuttal, that the confiscation WAS connected with the buying of the lease. Yet are silent on the consequence that I pointed out. Quote: Adeybull "You came up with that suggestion. Why do I need to rebut it? I've stated that the RFL funded the club over a period of 6 months before OK Bulls took over. That's not acknowledging it's anything to do with the lease.'" You are also resorting increasingly to the last refuge of those who are losing the argument, and putting up increasing numbers of straw men. Kindly cease attributing to me - and others - statements we have not made, and opinions we have not expressed. It is dishonest, and frankly undermines any remaining shreds of argument you may have. Quote: Adeybull "Straw men such as? I have attributed nothing to you that you have rebutted.'" You state that had the RFL not made loans to BBH in 2012 then bought the lease, then there would have been no club. No. BBH would have gone into administration. Quote: Adeybull "And very shortly afterwards, liquidation'" HOW THE HELL do you know that no-one would have come in for the club, to acquire the assets and carry on? Given that that is precisely what has happened TWICE since then, with the club in a FAR wporse position AND with the masive financial confiscation hanging over the head of any new owner, it BEGGARS BELIEF that no-one would have come in!!! Indeed, the common asumption was that no less than Mr Caisley would have done precisely that and maybe indeed was intending to do precisely that. Quote: Adeybull "Had the RFL not stepped in to a) loan £700k, then b) buy the lease, BBH would have been liquidated vey quickly. Do you recall Hood claiming the lease was sold to prevent predatory moves on the asset? The RFL loaning the £700k kept the club afloat and buying the lease meant the assets WOULD NOT be sold to anyone not seeking to continue rugby league at Odsal. Had these 2 steps not been taken, any creditor issuing a winding up order would have forced disposal of the assets in order to ensure administrator fees were kept to a minimum and some dispersal was made to creditors.'" You allege the rent was not paid post-purchase - another new allegation. Fine. So where the hell is the RFL as a creditor in the list of creditors at date of administration that I am looking at? Surely the rent will have been invoiced? Like any normal commercial business would do? And anyway, at £78k p.a. we are hardly talking huge amounts. And Quote: Adeybull "I didn't allege that at all.'" For the avoidance of doubt, I have not, ever, anywhere, blamed the problems of the club on the RFL. I have statedHow did it make it far far worse? The only other scenario was immediate liquidation and a firesale of assets without the RFL having any control whatsoever'" 2 - that the subsequent confiscation of c. £1.3m from prospective future purchasers - a confiscation that you have failed to justify in any meaningful way - was an absurd decision. It made life extremely hard indeed for blameless new owners, punishing THEM for the sins of unconnected predecessors. Quote: Adeybull "So you are blaming the RFL. You are saying there are no grounds for the RFL withholding central funding, and that RFL involvement in preventing Bradford Bulls from disappearing made things far far worse. How is having a club worse than not having one? This merely reinforces your victim status. You also seem to be forgetting that OK was FULLY aware of the level of central funding available. It is he who is at fault for taking on a business he clearly was not able or willing to fund to the required level. As I have also already stated, what of, other than OK, not a single director of OK Bulls having any financial input to the business?'" EDIT[i FWIW, I am expecting that, when history comes to be written, the actions of the RFL over a protracted period (including approving OK as an appropriate new owner) will be seen to have turned an ongoing crisis (a crisis, let's be clear, caused entirely by incompetant and irresponsible club managements and ownerships not the RFL) into a total unmitigated disaster.[/i Quote: Adeybull "So it's the RFL's fault for loaning BBH money to stay in business, then buying the lease to protect the stadium, then funding the business for 6 months to keep it afloat until a takeover could be worked out? It's then the RFL's fault for allowing OK to take over. '" I really hope that you are just an apologist for the senior officials at the RFL, and not actually one of them as has been alleged. Because, if you are inded one of the latter, then it sadly demonstrates just what sort of people are running the show. Quote: Adeybull "JAs opposed to those you seem to be less responsible, i.e the directors and owners of BBH & OK Bulls. Apologists for whom you appear to be.'" '"
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Quote: daveyz999 "If we leave the £900,000 figure you keep referring to, lets look at the £1.3 million the bulls are still paying back the RFL (apparently). Was this lodged officially on the creditors report when the original administration took place? I didn't think it did....... Otherwise it would have (correctly) been written off as part of the administration. Your figures still don't add up - the Bulls never received payments adding to £1.3 (excluding the sale of the Lease). The only evidence you attempted to put forward was that Gargoyle somehow lied on his administrator report (with the aid of his buddy Caisley) which is a pretty serious allegation to make!'" Where do you get your £1.3m figure from? The money was paid to OK Bulls, hence it appears in the financial statements as revenue for the company. It has to be lodged are revenue for the RFL to be ale to pursue repayment from the guarantor. The RFL is a creditor of OK. The central funding given to OK Bulls wasn't guaranteed by the company, nor is it owed by the company.
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Quote: Ferocious Aardvark "deny that the clubs distributed the Bulls' share between themselves? Seriously dweeb if so you have totally lost the plot.'" If it's common knowledge, you'll have no problem whatsoever in providing proof this event happened?
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Quote: LeagueDweeb ".. It has to be lodged are revenue for the RFL to be ale to pursue repayment from the guarantor. '" Wrong. Quote: LeagueDweeb "..The central funding given to OK Bulls wasn't guaranteed by the company,'" Wrong. Again. Quote: LeagueDweeb ".. nor is it owed by the company.'" Wrong.. full house! Well done! It is actually a bit worrying that you can just come on here and baldly make these false statements as if you have information, when actually you're just making it up!
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Quote: LeagueDweeb "If it's common knowledge, you'll have no problem whatsoever in providing proof this event happened?'" Just for youSeptember 12 Quote: LeagueDweeb " 25 February 2014 ...the club was having to operate on only half the central distribution funding, with the rest of the Super League clubs sharing the other half'" Quote: LeagueDweeb " 29 January 2013 Bradford owner Omar Khan has condemned his club's Super League rivals for pocketing the television income forfeited by the Bulls. ...speaking at Bradford's pre-season media day at Odsal, Khan said he was disappointed with the actions of the other 13 clubs in voting to divide Bradford's allocation of around £1million. He hit out at their 'selfish' attitude and claimed the money ought to have been used for the overall benefit of the game. 'When you come out of administration, you need all the help you can get but the money was split between the clubs, which was very disappointing,' he told Press Association. 'There were two or three clubs that didn't want that money, they wanted to support the club which was very good of them. But the rest wanted that money. 'It doesn't make sense to me. If that money had gone to make the game bigger it wouldn't have bothered me.''" Quote: LeagueDweeb " Mark Moore interview 25 February 2014 “It needs to be pointed out also that this is the first relegation season for a number of years and the club has been functioning on only half of the central distribution funding for two years. “It is equally important to point out that every other club in Super League is currently sharing the other half of the distribution money.'"
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Quote: LeagueDweeb "Where do you get your £1.3m figure from? The money was paid to OK Bulls, hence it appears in the financial statements as revenue for the company. It has to be lodged are revenue for the RFL to be ale to pursue repayment from the guarantor. The RFL is a creditor of OK. The central funding given to OK Bulls wasn't guaranteed by the company, nor is it owed by the company.'" The 1.3 million has nothing to do with OK, please keep up. This is what 'you' have previously stated the club received from the RFL to fund the club during the initial administration, hence why the club has had it's funding cut in half. (although as Adey has pointed out the figure on the administrators report only claims a figure of around £400,000) Now please re-visit my initial question and re-answer. Quote: LeagueDweeb "lets look at the £1.3 million the bulls are still paying back the RFL (apparently). Was this lodged officially on the creditors report when the original administration took place? I didn't think it did....... Otherwise it would have (correctly) been written off as part of the administration. Your figures still don't add up - the Bulls never received payments adding to £1.3 (excluding the sale of the Lease). The only evidence you attempted to put forward was that Gargoyle somehow lied on his administrator report (with the aid of his buddy Caisley) which is a pretty serious allegation to make!'"
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Sat 12th Oct | ||||||||
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SL 18:00 | Hull KR | - | Wigan | ||||||||
Sun 27th Oct | |||||||||||
MINT2024 14:30 | England M | - | Samoa M | ||||||||
Sat 2nd Nov | |||||||||||
MINT2024 14:30 | England M | - | Samoa M |
Sun 6th Oct | |||||||||||
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L1 | 26 | Keighley | 6 | - | 20 | Hunslet | |||||
CH | 29 | Bradford | 25 | - | 12 | Featherstone | |||||
WSL2024 | 16 | York V | 18 | - | 8 | St.HelensW | |||||
NRL | 31 | Melbourne | 6 | - | 14 | Penrith | |||||
Sat 5th Oct | |||||||||||
CH | 29 | York | 27 | - | 10 | Widnes | |||||
SL | 29 | Wigan | 38 | - | 0 | Leigh | |||||
Fri 4th Oct | |||||||||||
SL | 29 | Hull KR | 10 | - | 8 | Warrington | |||||
Sun 29th Sep | |||||||||||
L1 | 25 | Rochdale | 26 | - | 46 | Hunslet | |||||
CH | 28 | Barrow | 24 | - | 26 | Widnes | |||||
CH | 28 | Bradford | 50 | - | 0 | Swinton | |||||
CH | 28 | Dewsbury | 28 | - | 8 | Sheffield | |||||
CH | 28 | Wakefield | 72 | - | 6 | Doncaster | |||||
CH | 28 | Whitehaven | 23 | - | 20 | Halifax | |||||
CH | 28 | York | 16 | - | 6 | Featherstone | |||||
Sat 28th Sep | |||||||||||
CH | 28 | Toulouse | 64 | - | 16 | Batley | |||||
SL | 28 | Warrington | 23 | - | 22 | St.Helens | |||||
NRL | 30 | Penrith | 26 | - | 6 | Cronulla | |||||
Fri 27th Sep | |||||||||||
SL | 28 | Salford | 6 | - | 14 | Leigh | |||||
NRL | 30 | Melbourne | 48 | - | 18 | Sydney |
Mens Betfred Super League XXVIII ROUND : 1 | |||||||
PLD | F | A | DIFF | PTS | |||
Wigan | 28 | 759 | 336 | 423 | 46 | ||
Hull KR | 28 | 729 | 335 | 394 | 44 | ||
Warrington | 29 | 769 | 351 | 418 | 42 | ||
Leigh | 29 | 580 | 442 | 138 | 33 | ||
Salford | 28 | 556 | 561 | -5 | 32 | ||
St.Helens | 28 | 618 | 411 | 207 | 30 | ||
Catalans | 27 | 475 | 427 | 48 | 30 | ||
Leeds | 27 | 530 | 488 | 42 | 28 | ||
Huddersfield | 27 | 468 | 658 | -190 | 20 | ||
Castleford | 27 | 425 | 735 | -310 | 15 | ||
Hull FC | 27 | 328 | 894 | -566 | 6 | ||
LondonB | 27 | 317 | 916 | -599 | 6 |
Betfred Championship 2024 ROUND : 1 | |||||||
PLD | F | A | DIFF | PTS | |||
Wakefield | 26 | 1010 | 262 | 748 | 50 | ||
Bradford | 27 | 703 | 399 | 304 | 36 | ||
Toulouse | 25 | 744 | 368 | 376 | 35 | ||
York | 28 | 682 | 479 | 203 | 32 | ||
Widnes | 27 | 561 | 502 | 59 | 29 | ||
Featherstone | 27 | 634 | 525 | 109 | 28 | ||
Sheffield | 26 | 626 | 526 | 100 | 28 | ||
Doncaster | 26 | 498 | 619 | -121 | 25 | ||
Halifax | 26 | 509 | 650 | -141 | 22 | ||
Batley | 26 | 422 | 591 | -169 | 22 | ||
Barrow | 25 | 442 | 720 | -278 | 19 | ||
Swinton | 27 | 474 | 670 | -196 | 18 | ||
Whitehaven | 25 | 437 | 826 | -389 | 18 | ||
Dewsbury | 27 | 348 | 879 | -531 | 4 | ||
Hunslet | 0 | 0 | 0 | 0 | 0 |
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excruciating | ||||
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The Speculat | ||||
Questions for Ste Mills |
phe13 | ||||
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Boss Hog | ||||
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jaws1 |
VIEW | |||||
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moto748 | ||||
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jaws1 | ||||
Sam Burgess |
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Season tickets |
Tony Fax | ||||
Tonights match v HKR |
Alffi_7 | ||||
2024 IMG gradings |
Deadcowboys1 | ||||
ALL NEW 49ERS ERA LEEDS UTD THREAD |
tad rhino | ||||
Fev H Play Off |
Marvin Goola | ||||
Who do you want to win the Grand Final |
The Speculat | ||||
Realistic targets for 2025 |
ComeOnYouUll |