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FORUMS > Bradford Bulls > Phoenix from the flames?
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Quote: weighman "A lot of mismanagement by numerous clubs over the years & they have got away with it. So yes the RL have got to get more involved & ensure bills etc are paid. Not sure how this can be done effectively .'"


The RFL should require every member club to have the same accounting year end date (30 Nov or 31 Dec?) and should require FULL audited accounts (not the abbreviated accounts most submit to Companies House) to be submitted to the RFL within say 4 months of the year end (shorter than the statutory timescale). All part of the requirements of membership of the RFL. Over time, would force clubs to get their financial controls and reporting into good shape.

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That would require the RFL to have the expertise to interpret them and to impartially act upon the result.

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Quote: Bullseye "That would require the RFL to have the expertise to interpret them and to impartially act upon the result.'"

Why don't you tell us what you really think? icon_wink.gif

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Quote: Bullseye "That would require the RFL to have the expertise to interpret them and to impartially act upon the result.'"


Easy enough to solve. Take £5K from each SL club's central funding and employ someone at the RFL who could audit accounts.

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Quote: Scarey71 "So to recap, they asset stripped our only asset in an act of unbridled favouritism and now they want people to build a shiny new 'utopia' for their vision of a professional club in Bradford but are unwilling to return that asset to a new club, and they are probably wondering why no-one of massive worth is interested.

I know it's a massively simplified statement but still...'"



How is it asset stripping? What are the RFL making out of holding the head lease? They would be better off saying to Bradford, here have it back, you pay the bills.

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Quote: tigertot "How is it asset stripping? What are the RFL making out of holding the head lease? They would be better off saying to Bradford, here have it back, you pay the bills.'"



The Bulls DO pay the bills that's the problem.

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Quote: Bullseye "The Bulls DO pay the bills that's the problem.'"


We may not have been paying the actual bills but in the end we do pay the price.

I am starting to think it would nice to see every player say no to the new contracts and not be able to get a team for HKR or a few games after that. We will never find out what has gone on and who was making the decisions as it could be embarrassing for the RFL.

The backlash that concerns me more than that is supporters turning their backs on the new club and there are less than 2000 at home games where half of them had their tickets given. We would struggle to see the season out if that happened.
I hope I am looking on the downside.
Fingers crossed that these two big RL names are in it purely to get back into the game and re-build a "big" club that is now on its knees. We now desperately need details to stop all of our guessing and speculating.

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Quote: Bullseye "The Bulls DO pay the bills that's the problem.'"


What do the RFL get out of that?

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Quote: tigertot "How is it asset stripping? What are the RFL making out of holding the head lease? They would be better off saying to Bradford, here have it back, you pay the bills.'"


£70k/year, major say in the use of the land, incumbent club paying for the upkeep/bills in an antiquated stadium etc, a cynic would also put forward it gives them full and complete control over ownership any Bradford club (as witnessed during this debacle and Marc Green), land to build their rumoured pie in the sky national academy and head quarters now they've disposed of red hall...

But say it quietly as it was a complete act of favouritism.

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Quote: tigertot "What do the RFL get out of that?'"



£72k a year rent but the club also pay for the upkeep of the stadium which can run into 10s of thousands per year.

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Quote: Nothus "Let's not forget how they ended up with the lease. That, in my opinion, is completely the fault of our incompetent owners at the time. I wouldn't really call it asset stripping when it was offered to them as part repayment of a loan we couldn't repay 1.482421875:5
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