Well now that's out it shows the spin last August as Ok was desperate to maintain confidence (with season ticket sales for this year in mind)he announced he was /had put in £900000.

Wonder with the qualification about the state of the records (accounting records)how Mr Wilson has ascertained the amounts Ok put forward or says he put forward as cash injections.

Forgive my sceptisms.

The point re accounting records is entirely appropriate.
Only by keeping proper books can you meet your legal responsibility not to trade insolvently.
Though I suspect if the Moore & Co lot found a shedload of unposted invoices and other liabilities not paid Ok would have known anyway that He was bust and clearly desperate.

What I fail to understand is how when he bought the club he was presented with a package of contracts for players and other staff that would indicate what the annual wages bill was he did not try

1.To reduce that from the £2.45 million figure to 31.8 2013
2.When clearly income streams were showing not enough to cover the wages bill take steps to reduce it.Instead he increased it with Robbie and a whole host of other backroom appointments

Perhaps he thought something would just turn up?
That had not in 8 years.
Surrounded by medical men but not an accountant in sight.
Just an accounts clerk on £13 grand who took the blame when Whitcut failed to pay the HMRC.

(Despite there clearly been no money to pay HMRC)

Thirteen Grand would not buy you a tea lady these days.

OK clearly did not place financial control as top of his priorities.

Otherwise protective steps would have been taken long before the unfolding drama of his heart attack episode.
It is ALL OK"s fault.
He owned it lock stock barrel.
And ran it the way HE wanted with no accountant just a pack of old and somewhat chequered history littered mates.

Bit like parliament really.
Any dodgy expenses claims?

Like to Dubai on a jolly?

Remember the question at OK"s meet with the fans.
Will you spend up to the salary cap.


YES.

With other peoples money.
The big earners are slowly been moved on.

Give me more Addys and Olbisons.
The club would not be bust then and strangely the result at Widnes said to me if we are going to finish mid table every year players on half what they have been will perform as well.

That has to be the future

I understand even less than before now.

New Board appointment to be announced tomorrow....

I can't take all this productive good news.

Thoughts on who he/she maybe?

No idea, lots of rumours though....

Green on radio Leeds at 7.20am. Would think it must be something fairly significant given how he seemed keen to shy away from media duties? Thought he might have utilised RHP or Ferres.

Nigel Wood

Lamb or Goulash?!!!!!Oops Koukash..

Well he's certainly significant but it wasn't what I had in mind..

Well the administraters report highlights one thing its that the Bulls are probably better with that lot behind them.
So its now owned by a money lender of Wonga proportions.

OK says hes owed or funded £1059000 the administraster can only see money to bank net £375000

Some difference eh.
So if he put it where is it?
How the administrater can have got to grips with these figures after 12 months of no books followed by 6 months of chaos with money going through Bedz rus and Calverts company pay portals and various other means just to keep going is beyond me.

At the moment hes dipped his toe in and there is no money left to fund a serious investigation as Adey myself and I'm sure all Bulls fans would want.

Investigation there may well be but expect now saved a whitewash just as in the previous meltdown.

Interestingly Sutcliffe who acted as a director (with the former leader of Bradford Council Ian Greenwood)from April does not seem worthy of a mention.
Lets hope a thorough investigative forensic audit of ALL transactions can be looked at in as far as they are suspicious.
The report confirms what I and many others have thought all along.

That Ok (in cohoot with undistinguished long time friends in the power game)should have stuck to making chappatis.
Never stick up for this man again FA.

Accounting irregularities,enormous losses,ducking and diving,dsperado going to a money lender on 6 week terms with no hope of honouring,.......IT HITS YOU RIGHT IN THE FACE.

The man was off his trolly.
Those that doubted please revisit the overall picture I realised in past posts here and on the T & A.

Not all entirely accurate but enough not to materially affect judgment.

Hanging would be too good a death.
Elections in a few weeks guys.

You trust New Labour run by a pack of rotund shysters?

That's cleared it all up now.

The new board member is Danny Potticary. He will be the clubs new commercial director. More info: www.thetelegraphandargus.co.uk/s ... ls_mantra/

The new board member is Danny Potticary. He will be the clubs new commercial director. More info: www.thetelegraphandargus.co.uk/s ... ls_mantra/