FORUMS > Bradford Bulls > Bulls Takeover |
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| Quote: Hopebull "It says AC is 'Selling' his shares to the new consortium. Surely they can't be worth the paper they're printed on. What assets are there to sell apart from the brand and that's been completely tarnished. The club don't own anything apart from full time contracts that they can't afford to pay as far as I can see. As has been previously said, nobody is going to pay any money to take on somebody else's debt. Nobody was remotely interested last time until they knew they wouldn't have to pay the previous regimes debt after liquidation. Then, it seems, the RFL had to approach AC to take over.
There's the old saying that the definition of madness is doing the same thing over and over and expecting a different outcome. Every single new owner since the first Admin has done exactly the same as the previous one and the results have been the same. The only difference this time is no Odsal millstone but, .... '"
Excellent points Hopebull. We can help answer some of the open questions you pose, and seek to clarify a couple of aspects of your post which through no fault of your own we believe are inaccurate.
As far as we understand the club's present debts are huge, but have in all likelihood not been properly determined. It would be no surprise if winding up petitions for the club (which is still Bradford Bulls 2017 Limited) are being threatened or set into motion. Nobody would (or should) be crazy enough to directly, or even indirectly, take on a debt mountain unless they first knew how high the mountain was, or had a very good idea of how much money was owed.
You are in fact not correct in saying 'nobody was remotely interested' in taking the club over after Green's Bulls collapsed - very much the opposite. The administrator received (and recommended to the RFL) a credible and sustainable bid for the Bulls which would likely have paid most (if not all) of the club's debts and outstanding player/ staff wages at the time. It's just that the RFL rejected such an offer, because it would appear to have been more convenient to 'appoint' AC, for reasons explored elsewhere.
Re 'liquidation - whilst the press and even the BBC reported that it did, the club never went into 'liquidation' in early Jan 2017. It's all a bit convoluted, but the liquidation announcement on 3 Jan 2017 was (another) Bulls/RFL inaccurate statement which may well have been a convenient error at the time.
Reference to the Odsal 'milestone' is we believe a myth that is conveniently being portrayed time and time again. Maintenance costs are high yes, but that's principally the RFL's responsibility. Looking at the bigger picture the stadium, and its land footprint and strategic location, always has had (and still has) enormous potential and is a prized asset, that in the ideal world could also serve as a community asset.
As for the definition of madness, sadly it's likely having been a Bulls fan over the past 7-8 years or so.
We believe the truth re what's happened in relation to the Bulls over the past 7-8 years cannot be hidden for ever, and the facts will out. Keep watching this space.
Good related points re some of the above also made in recent posts by Scary and Pickles.
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International Star | 3534 | No Team Selected |
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| Nestegg you have referred to “we” a few times. Can I ask who “we” are?
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Player Coach | 4525 | ![](images/sitelogos/fullsize/19.png) |
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| Quote: roger daly "Nestegg you have referred to “we” a few times. Can I ask who “we” are?'"
As well as this particular "We" I would also be interested who else is involved in this consortium?
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| Quote: roger daly "Nestegg you have referred to “we” a few times. Can I ask who “we” are?'"
Answered elsewhere mate. And 'we' are growing in numbers. Don't wish to be so 'cloak and dagger', but sadly have no choice.
You can, however, be assured that we are Bulls fans and want to see the club be on a firm footing and finally have a sustainable future, inc for great players such as Elliot. .
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Player Coach | 12310 | ![](images/sitelogos/fullsize/64.png) |
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Oct 2006 | 18 years | |
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| Quote: nestegg "You clearly know the facts. Don't want to fall out with you over this, but have you ever worked for a card payment processor multinational service provider such as Stripe? They are big, but often well hidden successful businesses, who are usually not daft enough to swiftly hand over all of the online monies they receive c/o a client if there's a risk that the product that has been purchased by customers/ fans (e.g.. a season's worth of home sports games in 2020) may not materialise. What we can agree on surely, and sadly, is that the Bulls is a tarnished brand. Credit card payment processors are a business, and not a charity. In the event of another administration (god forbid) then they may have to pick up the tab for any season tix that cannot be honoured. Would you take that risk?'"
I work in commercial development, specialising in credit cards for one of the main high street banks.
Where you refer to a payments processor, presumably you are referring to the acquirers role within a card transaction. The acquirer usually has no right to withhold funds and the merchant will normally receive their funds within 2-3 working days.
The acquirer isn’t creating any additional risk for themselves by prompt settlement of transactions, given any section 75 claim would be issued against the customers bank. The transaction goes customer>merchant>acquirer>card processor>bank.
Stop pretending to be a group of well informed fans when you’re in fact a stirring sad bloke with too much time on his hands.
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Player Coach | 12310 | ![](images/sitelogos/fullsize/64.png) |
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| Quote: nestegg "Answered elsewhere mate. And 'we' are growing in numbers. Don't wish to be so 'cloak and dagger', but sadly have no choice.
You can, however, be assured that we are Bulls fans and want to see the club be on a firm footing and finally have a sustainable future, inc for great players such as Elliot. .'"
Have no choice?
Because revealing your identity would show you’re talking complete nonsense?
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Player Coach | 1218 | No Team Selected |
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| Quote: nestegg "Answered elsewhere mate. And 'we' are growing in numbers. Don't wish to be so 'cloak and dagger', but sadly have no choice.
You can, however, be assured that we are Bulls fans and want to see the club be on a firm footing and finally have a sustainable future, inc for great players such as Elliot. .'"
What a load of Bovine Excrement!!
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International Star | 3534 | No Team Selected |
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| Quote: Ewwenorfolk "Have no choice?
Because revealing your identity would show you’re talking complete nonsense?'"
Hello mate, sorry just realised I didn’t reply to your message at weekend, sorry about that.
I’d hang fire mate
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Player Coach | 12310 | ![](images/sitelogos/fullsize/64.png) |
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Oct 2006 | 18 years | |
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| Quote: roger daly "Hello mate, sorry just realised I didn’t reply to your message at weekend, sorry about that.
I’d hang fire mate'"
No worries mate, will do.
I’m sure this is more frustrating for you than most.
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International Star | 3534 | No Team Selected |
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| Quote: Ewwenorfolk "No worries mate, will do.
I’m sure this is more frustrating for you than most.'"
Very mare.
He’s away now with his girlfriend for couple of week, should be relaxing but got all this crap going on
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Club Captain | 253 | No Team Selected |
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| Quote: Ewwenorfolk "I work in commercial development, specialising in credit cards for one of the main high street banks.
Where you refer to a payments processor, presumably you are referring to the acquirers role within a card transaction. The acquirer usually has no right to withhold funds and the merchant will normally receive their funds within 2-3 working days.
The acquirer isn’t creating any additional risk for themselves by prompt settlement of transactions, given any section 75 claim would be issued against the customers bank. The transaction goes customer>merchant>acquirer>card processor>bank.
Stop pretending to be a group of well informed fans when you’re in fact a poop stirring sad bloke with too much time on his hands.'"
You are right mate in the vast majority of instances and your relevant experience is appreciated.
In this instance, however, things may not possibly be as clear cut as you say.
Again sorry for the cloak and dagger approach, but there's things we now, but at this time cannot say.
If you think we are fraudsters and tinpot trolls then that's fine. Let's see where are by say Xmas and we can possibly compare some notes again.
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Club Captain | 1213 | ![](images/sitelogos/fullsize/19.png) |
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| Were you the guy in Wibsey on Sunday looking for the Bulls shop claiming to be from HMRC saying Bradford Bulls owed £250k?
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Player Coach | 12310 | ![](images/sitelogos/fullsize/64.png) |
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| Quote: nestegg "You are right mate in the vast majority of instances and your relevant experience is appreciated.
In this instance, however, things may not possibly be as clear cut as you say.
Again sorry for the cloak and dagger approach, but there's things we now, but at this time cannot say.
If you think we are fraudsters and tinpot trolls then that's fine. Let's see where are by say Xmas and we can possibly compare some notes again.'"
The only reason forthcoming for your anonymity is that you’re not in the know, you simply like hiding behind a keyboard and taking advantage of the frustration on here by trying to add in further confusion and conspiracies.
If that’s not the case, then tell us why you need to remain anonymous.
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Club Captain | 253 | No Team Selected |
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| Quote: Ewwenorfolk "The only reason forthcoming for your anonymity is that you’re not in the know, you simply like hiding behind a keyboard and taking advantage of the frustration on here by trying to add in further confusion and conspiracies.
If that’s not the case, then tell us why you need to remain anonymous.'"
Respect your fishing expedition interests. Many have their rods out.
But look we honestly don't wish to add to any frustration.
Just give it time and pl be patient. If you want to believe we are not in the know then that's perfectly fine. If, however, we were totally in the know (which we admit we are not!) then we would amongst others be RR, AC, MS, CB, and an ex RFL official wouldn't we ?
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| ... and listen to the gamecaller's voicemail update just posted on his twitter handle.
A carefully worded statement Ralph lol
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