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| Article in today's YP about yesterday's press briefing from the RFL, with a couple of points I'd not heard/seen before. Apologies, couldn't find it on their website so can't post a link yet.
1. Rimmer stated 3 parties are keen to work alongside the new owners.
2. Chalmers and Lowe have not provided a financial bond as a guarantee.
From point 1, it would seem clear that the bigger plan around stadium development is the big prize for the new owners, there is no big prize from owning a championship team you have no emotional attachment to and from 2, wasn't it a pre-requisite to provide a bond in the application process? I suppose that Chalmers and Lowe haven't provided a personal guarantee, so maybe someone else has??
If this has been said before, apologies, can't keep track of all the threads and speed of developments.
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Club Coach | 4526 | Bradford Bulls |
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| I'm in the know and can confirm at least one of the parties. Little Wayne is hoping to have his birthday party there.
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International Star | 1002 | Bradford Bulls |
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| Quote Mirfieldbull="Mirfieldbull"Article in today's YP about yesterday's press briefing from the RFL, with a couple of points I'd not heard/seen before. Apologies, couldn't find it on their website so can't post a link yet.
1. Rimmer stated 3 parties are keen to work alongside the new owners.
2. Chalmers and Lowe have not provided a financial bond as a guarantee.
From point 1, it would seem clear that the bigger plan around stadium development is the big prize for the new owners, there is no big prize from owning a championship team you have no emotional attachment to and from 2, wasn't it a pre-requisite to provide a bond in the application process? I suppose that Chalmers and Lowe haven't provided a personal guarantee, so maybe someone else has??
If this has been said before, apologies, can't keep track of all the threads and speed of developments.'"
By the sound of it the RFL has made a deal based around the stadium, they will want to get it sorted and probably make a few bucks in the process as much as anyone else.
It would be very interesting to see who the 3 "parties" are, but I suppose that will come out in the wash?
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International Star | 3546 | Bradford Bulls |
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| With talk about deals for the stadium, let's not forget that as much as a month ago, there was talk about Avenue man Gareth Roberts having a meeting with the RFL and Bradford Council set up in January.
Perhaps he's the one with designs on the ground?
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| Quote bowlingboy="bowlingboy"By the sound of it the RFL has made a deal based around the stadium, they will want to get it sorted and probably make a few bucks in the process as much as anyone else.
It would be very interesting to see who the 3 "parties" are, but I suppose that will come out in the wash?'"
I am happy if everyone makes money from this deal as long as the future of the club is secure and we fans can relax and enjoy the game. Good luck to the owners and investors - hope you make a bundle.
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| Quote HamsterChops="HamsterChops"With talk about deals for the stadium, let's not forget that as much as a month ago, there was talk about Avenue man Gareth Roberts having a meeting with the RFL and Bradford Council set up in January.
Perhaps he's the one with designs on the ground?'"
When he clarified that he wasn't bidding for the Bulls he was also quoted as saying he would be very interested to talk to the owners about the possibilities of a groundshare/joint venture of some kind when the new owners were confirmed. I suspect he might at the least still be interested in being involved in the conversation about any possible development.
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| Quote Duckman="Duckman"When he clarified that he wasn't bidding for the Bulls he was also quoted as saying he would be very interested to talk to the owners about the possibilities of a groundshare/joint venture of some kind when the new owners were confirmed. I suspect he might at the least still be interested in being involved in the conversation about any possible development.'"
If groundshare brings more revenue in lets do it.
We could groundshare with Billy Smarts Circus to share advertising too
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| From Insider Media :-
The liquidation of Bradford Bulls looks set to leave creditors shouldering an estimated shortfall of almost £2m, new documents which also shed further light on the plight of the one-time rugby league giant have revealed.
A report prepared by administrators at PBC Business Recovery, which were appointed to handle the club's affairs in November, details creditor claims of £1.84m.
This sum includes £690,643 owed to suppliers, £400,995 claimed by HM Revenue & Customs and £750,000 of director loans, which is listed as an unsecured claim after former owner Marc Green and his wife waived their status as a secured creditor in the interests of the wider pool.
At the date of the report (6 January 2017), the club's assets were expected to fetch about £250,916 which would only be enough to discharge some of the costs of the administration.
The report reveals that operating losses at the Bulls rose from £660,116 in 2013/14 to £947,171 in the year to 30 November 2015, with a cash crisis gripping the club who had been one of the most successful in the sport at the start of the Super League era in the mid to late 90s.
A tax demand and subsequent winding-up petition presented by HMRC ultimately led to the administration of the club – the third such event in four years.
After an ultimately unsuccessful hunt for a buyer to acquire the club out of administration, Bradford Bulls Northern Ltd was liquidated at the start of the month.
A new entity led by New Zealand Rugby League chairman Andrew Chalmers and Graham Lowe, a successful former coach, have now embarked on developing a new new professional rugby league club in Bradford.
The new club will begin the 2017 season in the Kingstone Press Championship on minus 12 points.
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| Quote Early Bath="Early Bath"From Insider Media :-
The liquidation of Bradford Bulls looks set to leave creditors shouldering an estimated shortfall of almost £2m, new documents which also shed further light on the plight of the one-time rugby league giant have revealed.
A report prepared by administrators at PBC Business Recovery, which were appointed to handle the club's affairs in November, details creditor claims of £1.84m.
This sum includes £690,643 owed to suppliers, £400,995 claimed by HM Revenue & Customs and £750,000 of director loans, which is listed as an unsecured claim after former owner Marc Green and his wife waived their status as a secured creditor in the interests of the wider pool.
At the date of the report (6 January 2017), the club's assets were expected to fetch about £250,916 which would only be enough to discharge some of the costs of the administration.
The report reveals that operating losses at the Bulls rose from £660,116 in 2013/14 to £947,171 in the year to 30 November 2015, with a cash crisis gripping the club who had been one of the most successful in the sport at the start of the Super League era in the mid to late 90s.
A tax demand and subsequent winding-up petition presented by HMRC ultimately led to the administration of the club – the third such event in four years.
After an ultimately unsuccessful hunt for a buyer to acquire the club out of administration, Bradford Bulls Northern Ltd was liquidated at the start of the month.
A new entity led by New Zealand Rugby League chairman Andrew Chalmers and Graham Lowe, a successful former coach, have now embarked on developing a new new professional rugby league club in Bradford.
The new club will begin the 2017 season in the Kingstone Press Championship on minus 12 points.'"
Thank you for an informative post. Thing is though how come the T&A hasn't given us this information? Looking to the future, I think that with the coaching staff and owners our line defence must now surely be improved and the leaking of tries at an alarming rate discontinued. Our poor line defence started during McNamara's tenure and was carefully passed on to the next incumbent. Hopefully those days are coming to an end but we will have to see what quality of players we have.
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| Quote The Writer="The Writer"Thing is though how come the T&A hasn't given us this information?'"
Because since making Ross redundant, the T&A have been phoning in their Bulls coverage.
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| Does anybody know or has it been mentioned anywhere, when season tickets are being sold again.
Is the office/shop open this week?
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| Quote colly226="colly226"Does anybody know or has it been mentioned anywhere, when season tickets are being sold again.
Is the office/shop open this week?'"
Its a good question, I had been thinking the same thing on the way home from the match. Are we open for trading? My lottery is now either due or overdue.
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