FORUMS > Bradford Bulls > Goodnight Irene |
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| Quote: Highlander "Why can we not afford serious recruitment? Or at least define serious recruitment?
That £150k will pay wages & creditors who don't want to go on a repayment plan. Everyone else will probably be paid off over the next year. So, say £360k debt left - over 12 months is an extra £30k per month debt payment.
Selling those players gives us time & makes the debt manageable.
Now down to JK to build a team. Which he can do, just he wasn't expecting to have to 6months ago.
From what Sawyer was saying, our budget is less than last years but still more than Dewsbury, Batley etc. So if we've the 7th/8th best budget in the division, I'm kind of hoping we could finish 7th/8th.'"
That's precisely what is happening and with the main creditor about to be paid off this afternoon, the threat of a high five-figure winding up order against the club has been averted.
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| What do you have her no to this NestEgg character, Mick Gledhill?
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14782.jpg The views in this post are mine and mine alone. Unless stated otherwise, they do not reflect the views of any company or entity I am associated with.:14782.jpg |
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| Have the gameday gate prices been confirmed yet? I'm not sure if I've seen them and slept since, or if they haven't actually been announced. I've had a quick look on the website, but all I can see is season tickets (although I may be looking in the wrong place, it's not the most user friendly site).
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| Quote: nestegg "Wrong mate.
We have substantial creditors in our throng, and the consort's current proposal is to royally shaft them.
Conversely two (yet unnamed) major creditors are allegedly already being treated favourably and/or exclusively in preference to others. Wonder why?
How would you know this. Unless you can provide proof. PLEASE STOP posting
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International Star | 1625 | No Team Selected |
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Mar 2012 | 13 years | |
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| I've purposely dug out my login details so I can also post that I too checked out. I just did it quietly FA!
2018 was a sabbatical. I thought it would light a fire for 2019. Leeds win aside it didn't light any fire, it just made me see how poor things really were in plain sight.
I read posts online out of morbid fascination, much like paulwalker71.
I have also been talking about how walking away is an option to anyone. A disgruntled customer doesn't have to stay, a disgruntled customer can walk away.
I (we), owe a club (any club), nothing.
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Aug 2010 | 14 years | |
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| Goodbye FA and thank you for all your heartfelt posts down the years.
It has been years since I have posted but I cannot not. I am left slightly bemused by the response to events of the last 4-6 weeks by Bulls' fans. We seem concerned by two things which are that the new owners don't have any money and whether we will be competitive next year. Rather than worrying about next year we should be focusing entirely on what the hell has happened over the last two years.
Let's not forget, practically none of the owners of Championship Clubs have money to speak of - but have they racked up all the debts we (allegedly) have?
Let's not forget, our gates are 3-4 times the size of most other clubs - but have they racked up all the debts we (allegedly) have?
Let's not forget, that we had two Cup ties this season which will have boosted club funds by £150k that other clubs didn't - but have they racked up the debts we (allegedly) have?
Let's not forget, players have contracts so the owners know exactly what playing costs they are committing to; we didn't get relegated from SL with a commitment to huge contracts. How the hell have we racked up the debts we (allegedly) have?
Let's not forget, Chalmers was put in position as a fit and proper person with the club having no debt and the promise of running a tight ship that pays its way.
Does anyone know where we can see the Bulls' accounts for the year 2017-18?
There is something seriously not right about all this and I would suggest that Bulls' fans don't worry themselves about next season but apply the brake right now and rather than be taken in by the sound-bites from Perez/Sawyer/Wood ('fell in love with the brand" - my ar*e) start asking some difficult questions, seek complete transparency and, if necessary, involve the Bradford MPs. Otherwise it looks very likely that the Nestegg scenario is the only logical outcome to all this.
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1271.jpg Whenever you find yourself on the side of the majority, it is time to pause and reflect.
Mark Twain
Build Bridges NOT Walls:1271.jpg |
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| I posted my thoughts on quitting before. 'Cos I've been pretty pigged off myself.
For me, the main tragedy seems to have been averted, no trail of debts, no relegation, no loss of ticket money (so far, that we know of..) no 12 point deductions. I'll have to live with a weaker squad since with most of the spine seemingly already on their way I assume that is how it will be and since I always thought the squad last year was quite a bit too big I'll actually quite happily forgo the approximately 33 man squad.
I'd hoped we might be among the front runners this time round, though it now seems probably not. Not that I've ever really hankered after SL too much. I appreciate that SL clubs get sufficient money to have decent squads, even with poor crowds, but you still need the money to get there and we didn't, and still don't have it. Simple as. We haven't had it on any season since we got relegated. If we're competitive then ok, I can live with it. Not sure I'll be up for all the away games though. And, I've already done something this season I have never done before during the summer era. I've booked a holiday in June without waiting for the fixtures to come out and, do you know, I couldn't care less which game or games it forces me to miss.
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68134_1392230175.jpg [i:17olg9pl][color=#BF0000:17olg9pl]Never trust a man who, when left alone in a room with a tea cosy, doesn't try it on.[/color:17olg9pl][/i:17olg9pl]:d7dc4b20b2c2dd7b76ac6eac29d5604e_68134.jpg |
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| I don't suppose there is any chance of a last legendary ding-dong with Eddie is there?
I'm gonna miss your posts mate.
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| Very sorry to see you go FA. Enjoyed your input over the years and if I could convince you to stay I would. Hopefully you come back soon.
As a side thought, and maybe of interest to FA and others, instead of quitting the forum and RL etc why don’t we just agree to go flood other teams forums and lecture them on how to run their clubs? Maybe pretend we know more than we do? Make up rumours? Could be fun for a while especially if we can pay back about of the cloth cutting lecture.
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| Double post
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869_1597404840.jpg //www.twitter.com/pumpetypump:d7dc4b20b2c2dd7b76ac6eac29d5604e_869.jpg |
Moderator
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| When we went bust and briefly ceased to exist I told my fellow mods that if our forum was closed I'd work quite hard to troll every other forum. But I had a lot of fire back then. More of a wet flannel these days.
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| Quote: pjbull "Goodbye FA and thank you for all your heartfelt posts down the years.
It has been years since I have posted but I cannot not. I am left slightly bemused by the response to events of the last 4-6 weeks by Bulls' fans. We seem concerned by two things which are that the new owners don't have any money and whether we will be competitive next year. Rather than worrying about next year we should be focusing entirely on what the hell has happened over the last two years.
Let's not forget, practically none of the owners of Championship Clubs have money to speak of - but have they racked up all the debts we (allegedly) have?
Let's not forget, our gates are 3-4 times the size of most other clubs - but have they racked up all the debts we (allegedly) have?
Let's not forget, that we had two Cup ties this season which will have boosted club funds by £150k that other clubs didn't - but have they racked up the debts we (allegedly) have?
Let's not forget, players have contracts so the owners know exactly what playing costs they are committing to; we didn't get relegated from SL with a commitment to huge contracts. How the hell have we racked up the debts we (allegedly) have?
Let's not forget, Chalmers was put in position as a fit and proper person with the club having no debt and the promise of running a tight ship that pays its way.
Does anyone know where we can see the Bulls' accounts for the year 2017-18?
There is something seriously not right about all this and I would suggest that Bulls' fans don't worry themselves about next season but apply the brake right now and rather than be taken in by the sound-bites from Perez/Sawyer/Wood ('fell in love with the brand" - my ar*e) start asking some difficult questions, seek complete transparency and, if necessary, involve the Bradford MPs. Otherwise it looks very likely that the Nestegg scenario is the only logical outcome to all this.'"
Accounts for year ending 31st Jan 18 are available to see on the Companies House website (search Bradford Bulls 2017). Year ending Jan 19 accounts are due by the end of this month.
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| Quote: Mr Dog "Accounts for year ending 31st Jan 18 are available to see on the Companies House website (search Bradford Bulls 2017). Year ending Jan 19 accounts are due by the end of this month.'"
Can anyone who understands accounts please explain how the Bulls in one season, according to the Balance Sheet as at 31 Jan 2018, seem to have racked up a deficit of £580k and yet the Board have not seen fit to file a Profit & Loss Account?
Just curious that's all.
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| Accounting regulations for a company that size, only need to file a BS
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| Well, I hope you get it sorted but I do think to leave Bradford is a mistake. I know Park Avenues ground is far from ideal with a running track and only 3,000 capacity but at least it's in Bradford. Surely with some temp seating, you could just about make it useable, at least until you know where you are. I'm guessing it's council-owned?
I don't know Bradford all that well so I may be way off.
Best of luck
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