You are certainly not alone.

There is no chance of selling players. You need £500k. But even selling your whole squad at this point it would be difficult to raise this amount of money. Why? because whilst the club was solvant some players would be worth over 100k in terms of contracts. Now you have no money and insolvancy beckons, no club will offer money for a player they can get as a free agent in a few weeks.

If you had a player high in demand you may get something for them as clubs may compete with each other to secure their services.

In the end once the club goes bust, the players are no longer receiving a wage and so the contract is null and void and they can walk.

It's a shocking state of affairs and one that other clubs should take notice off, you can't run a business of loans and overdrafts. In the end income has to level with expenditure.

time to abandon ship, and get any money we can to start a new club. giving any omney to this lot is like throwing it to the wind.

Caisley and Hood and the people around them have mismanaged this club in a monumental way. time to start from scrath, and pull some money together to form a community club

RLFC Northern of Bradford

Another way to look at it is an opportunity for someone to be the Saviour !

Playing where exactly?

Didn't we just re-sign Whitehead to a long term deal, and trying to do the same with Bateman? That's in the last 7 days for goodness sake. Whatever has happened must have been since then?

A rebuilt team leasing Valley parade or Odsal would seam the most likely senario.

There is also the possibility that this is a counter move against the bank. The bank have reduced the overdraft. So bulls respond with this. ie Either give us back the overdraft and hope you get the money back long term, or stiff us and there will be no money to pay the rest of what we owe, as we have no assets that we can liquidate.

I guess it had to happen eventually, but on this occasion I totally agree with you.

But speaking as one of the ten current directors of the existing Supporters' Trust, pretty well all of whom are very busy with their day jobs, we'd need a lot more volunteers.

We actually already have an established vehicle, in The Bradford Rugby League Supporters Society Ltd (Bullbuilder). Some otehr clubs are already owned by their supporters' trust - but nothing anything on the scale of Bradford. The big question is, how many people would actually want to get involved, operationally or financially? I'm not at all sure as things stand I would. In fact, I very proabably would not. But that is me speaking in a purely personal capacity.

Best of luck people. It's not a great place to be in and I speak from experience but if you all pull together there is a future. Keep the faith.

Wouldn't the most obvious way out be to speak to the RFL about the debt we owe them? Why are they making us pay it all back in one go if it bankrupts the club?

Sad news, a big club, totally mismanaged which has no way of raising the money needed.

The RFL were paid back with the sale of Odsal. Why did they want their money back, because they probably have seen the books and did not want to loose it before the bank called time.