Well done vbfg. We all feel angry and lied to but Ateotd, we still need to stand up and be counted when our club needs us the most.

Again, the motto is this:

Save the club first. Lobby for change second.

Yorkshire post article pretty good reportinghttp://www.yorkshirepost.co.uk/news/have-your-say-we-made-mistakes-admit-bulls-after-1m-rescue-bid-1-4391031rl tax liability has unexpectedly arisen from IH settlement image rights.

so putting all the part information together, there was enough cash for the season without any image rights liability and with the overdraft at the existing level. The timing looks as if both of these have to be paid before the players next get paid, hence the dates given.

What concerns me most is that it appears that there is no cash flow forecast being done by the Bulls. maybe they cant afford to pay someone to do it. if they did have one, then they would have to know when the RFL wanted their loan back so it could be plugged into the forecast, and anyone doing it would be aware of issues such as security and the consequences of not having any for the overdraft.

Aye, heart over head maybe but I can't sit back and watch the club die. I honestly do not see any way back from this. I accept all the arguments from the Wakefield fans and agree wholeheartedly with what they had to say. Administration might be the better option, but that is contingent on having somewhere to play. Both options are gambles, but going into admin and hoping for a sugar daddy who hasn't arrived despite many opportunities to do so seems like the bigger gamble to me right now.

If we had a stadium with low running costs then maybe, but if this club goes under now it ain't coming back.

Let's try and fix that if we can and figure out where we are.

Indeed, they have a gun to our head in essence, but we cannot let our club die.

I think the point I was making was, the ONLY thing that matters right now is saving the club.

Going to pledge now, wasn't certain at first but the last few posts have made up my mind

I've also advised my brother who was asking for guidance plus a lad at work who said his Grandad lived breathed Bradford, Northern, Bulls, Red Amber and Black, the Top house....everything

Well done to everyone who has made any efforts to help and thanks for the support from other fans, it will be remembered!

I wonder if Steve Parkin will get involved?

There are murmurs, but albeit just murmurs at this stage, that Parkin may be sniffing.

I feel so sorry for you guys.

I appreciate that you'll obviously do anything (an quite understandably) needed to secure the future of your club.

HOWEVER, from the outside looking in somethings not right, how can Hood have 'not known' the overdraft was secured on odsal? What happens if you reach the pledge but people don't pay? What happens if people do pay and you don't have enough? Does the £100 get you any shares? or is it just begging for donations? What happends when that lump sum runs out?? it's a ludacras situation.

The only way forward I can see is administration and rebuild like London and Crusaders; granted you'll loose a few players but it seems the only way to secure the longevity of the club.


GOOD LUCK GUYS

He's an appalling businessman, thats why this club are so close to the wall.



No-no. Administration is unthinkable whilst the RL world is pulling together like this. If you believe the line the club is towing (pah!), this £1m needed will make the club debt-free.

his name comes up over and over again with many clubs

What they haven't said, however, is how long you'd be debt free for.

Hull FC were once declared 'debt free' shortly after our merger with Gateshead. A few short years later we had debts >£2M. If your outgoings exceed your income you aren't going to be debt free for very long.

Well, he was interested before, and the club are a far less attractive proposition than they are now.

And re: Kosh, yeah I understand that. Duckett was keen on hammering home last night however, that the club have a business plan to make the club work going forward.

I cannot help but feel so sorry for the situation you Bulls fans find yourselves in. Equally, I know I would be absolutely furious if this were Warrington, with the BoD for essentially coming cap in hand, with half-d explanations and no real carrot other than helping keeping the club you love afloat. Pretty big carrot some may argue, but a carrot you should not have to buy if jobs had been done competently at the appropriate levels.

A decent offer, though still nowhere near sufficient, would be for Hood to offer his resignation if/when the money target is met, or at the very least a timeframe to him leaving afterwards.

I would also want to know exactly what contribution the existing shareholders are being asked to make to get you out of this mess. You may not have a wealthy benefactor but surely these guys do not live "on the bread line" which the fans will be.
100% transparancy is required here and you are only at about 10% right now.

It's a crying shame, and frankly unbelievable to witness just how far and alarmingly quickly BBRLFC have gotten to this stage.

Good Luck, although I fear administration is iminent, regardless of whatever effort you, the fans, will make over the coming week(s). I also believe, as an outsider, that this is the only real viable option for you unless some wealthy individual steps in now and clears the mess permanently, not just short term.