Lets be fair to the club though. It may be that something is in the works to move everything to this new company for perfectly legitamte reasons, which is fine, and that once everything was arranged, an announcement would be made explaining the situation (though based on recent times...yeah).

However somebody from one of the clubs sponsors (not even the Club ) decides to run thier mouth on social media about something they've heard and all of a sudden everybody knows and everybody speculates. All of a sudden, well, we've all seen the rumours that have come out in the whole saga.

What we need is for people who have seen some snippet of information, with no context, to stop running off with it and starting (inadvertantly or not) some rumour that puts everything in doubt again and puts the Club in a bad light for something that they may have been going to tell us about anyway. It's doing nothing but harm and the speculation that it starts is only making things worse. I know people are a bit, dubious, of the new ownership following on from everything that's happened, but i just wish all this rumour mongering and everything would stop, and people would just let the new guys get the hell on with what they're doing.

End rant. I'll stop now.

It all just smacks of mis-management & appears amateurish.

IF the new owners had wanted to set up some new companies in the process of some sort of re-structuring, they should have been well aware that setting up new companies with a registered office at Odsal/Bulls in the name would be in the public domain and create speculation failing some sort of announcement.

With more nouse, they'd have set up the companies with some nondescript names using say their solicitor's address as the registered office temporarily and then changed them in due course to coincide with a public announcement.

Their names would be on the Incorporation documents wherever the office is so they have more nous than you.
Why would they need to disguise their intentions? that would be duplicitous, though evidently that is exactly how you would have done it..

My belief is that the structure and financing plans that were presented to the RFL and agreed by them is now being put into place.

That would be the most likely, and least controversial thing though. Why should Wooden Head go with that, when he can darkly bridle against imagined evil deeds and machiavellian plots? I say leave him to it. At least until the saliva gums up his keyboard.

So, if I understand this thread, new companies based at Odsal and seemingly connected to the Bulls have been set up. The whys and wherefores behind it aren't known to anyone on here so the usual mob slither out from under their rocks to tell us all how bad they imagine things are at the Bulls regardless of the lack of any real facts or knowledge but it must be bad as the Bulls owners haven't contacted them personally to explain what the dickens they're up to

Yep, that about covers it

Could the new companies not simply be an investment vehicle for the new owners to put their cash into the bulls?

One thing I am really struggling to understand here is why the bulls should give any money back to OK full stop. If I buy all the shares in a local business and that businesses share price drops then the loss is on my hands. If I put money into that company that would be an investment to turn the company around as the sole shareholder not a loan. If it failed and I decided to cut my losses and sell the company I would get market value for it and wouldn't later come back and day oh by the way see that £900k I put in to try put the company right can I have it back please.

I suppose the loan could have been converted into shares, but that would have undoubtedly meant Omar was still the biggest shareholder - the position he wanted to leave. To the best of my knowledge the money was left as a loan and loans - unlike shares- come with an obligation to repay.

I reckon not, I don't really understand where Omar has managed to pull £900k from in the first place his businesses don't strike me as the type of companies which turn over enough to fund this. I don't buy the mortgaging of properties either as no businessman in their right mind would borrow against personal assets to fund a club he knew (which he must have at the point he went in the t&a) he would be pulling out of. Especially when you consider the risk implications of property vs a sports club.

www.thetelegraphandargus.co.uk/s ... on_claims/ Bradford Bulls deny administration claims

www.thetelegraphandargus.co.uk/s ... on_claims/ Bradford Bulls deny administration claims

Well that's obviously a lie. I don't see how the Bulls BOD can claim to know more about what's going on at the club than those fans from other clubs who post on here about how bad it is at Bradford