I'll drink to that.

The interpretation of the meaning Debenture given above is correct for that single word as applied by HMRC to Capital Gains taxation.
However I rather think that in legal terms a Deed of Debenture if fairly sound when it includes those fiddly bits that lawyers like add to it: Loan Agreement, Covenant to pay, hereby assigns and charges, fixed and floating charge, and then adds another 17 pages to it with the SSG Debenture Terms

A few on here have wondered why a Security Company would lend money to a professional sports club. I was told today, by someone who really would know, that Marc Green (owner of Safeguard) is also MD and owner of Leasing UK Ltd. This is a company which operates in the field of equipment leasing across the spectrum of commercial and industrial kit. It's a spin off from the security industry where most big systems, esp CCTV are leased not purchased. Of course the supplier also facilitates loans to cover initial deposits. My informant tells me that Leasing UK has also ventured down the road of straight business to business loans.

Oh, please don't encourage them Red - I'm depressed enough without any more of that rubbish.

£180,000 sounds like a lot of money for a set of false teeth.

Thanks, I appreciate that no one other than those involved have the answers for sure, but even a rough guide is useful given what's gone on! Hope it gets sorted out!

I would imagine Moore and co coming back is good news?

I would have to say yes to that, at least it's a start.

It seems that Andrew Calvert has got to the bottom of the problems and has [much as it affects our chances this coming year] made a start in introducing the club to some financial realities, otherwise known as not spending beyond our means, which was, from what we've read, the position earlier.

It's pretty essential they are allowed to get on with the job and I can see why holding the shares is important so let's hope the impasse can be broken.

Its critical.

The behaviour of the board, maintaining disciplines and a sound realistic goal setting strategy will move everything forward, it will to my mind refresh confidence, have a positive influence on supporters of the Bulls and also in the games targeted market areas.

We should feel that the club is now being understood... another vital realisation.

No Mick Gledhill is a porter at the Bradford Royal Infirmary, seen him when I have been for hospital appointments, infact you can't miss Mick can you

On the Bulls front I really do hope that they pull through, they really need to have someone who cares about the sport and not just about making money as a business.

rlhttps://www.yorkshirepost.co.uk/sport/rugby-league/bradford-bulls/bulls-coach-hopes-to-keep-stars-as-crunch-talks-loom-1-6355788rl

Looks like Sammut and Nas have turned down London. Maybe a resolution as to ownership on Thursday. More balanced reporting, off both negative and positive stuff, in that one article than we've had in T&A for weeks.

'In the mid pay range' - Interesting choice of words. Who'd be in the high pay range?
Carvell, Kearney, Purtell.....

Obviously the rumours are flying around Carvell but where to? Most clubs have their squads sorted and those that don't are in a worse (if poss) boat than us. Purts is in his last year and would be hard to shift.

If the players/staff refused a pay cut, then why would they agree to move on, as in the case of Sammut and Nas?

Not a slide at London but why would they want to join a team which, lets face it will most likely be relegated next season, they would move down there for a year then have to move back up here if they wanted to join another SL club and i cant see them being happy at having to play part time in the CH and get a part time job to fill the wage gap.