Don't wish to be a Gloomy Gus but a lot of effort is going into the tremendous effort to raise £500k but isn't it just buying a stay of execution for approx 3 weeks? Has anybody heard any plans for how the next £500k will be raised.

www.express.co.uk/posts/view/311 ... ord-future This is fantastic news and lets hope we can keep it up. I couldnt make the hull game yesterday but just want to say well done to all the bulls fans for the great support.

www.express.co.uk/posts/view/311 ... ord-future This is fantastic news and lets hope we can keep it up. I couldnt make the hull game yesterday but just want to say well done to all the bulls fans for the great support.

sorry close to 300,000 is wrong because in the telegraph and argus it says weve raised 195,000 or something like that.

Just put my pledge in! I had already decided to pledge but seeing the effort from the players last night re-confirmed it. I still have some questions about some of the management decisions recently but this group of players deserve backing in my opinion. Absolute professionalism.

Sadly, the rlT&Arl has it as close to £200,000. Good, but no scope to slacken efforts.

I have similar worries, and I suspect the club hope the answer to your last bit is in this phrase;

[i"It is understood that would-be investors are monitoring the amounts being pledged in the ‘Quest for Survival’ campaign as they decide their next move.

At least one party has seen the club’s financial books with a view to possible investment.[/i "

rljoint effortrl

To me thats 1 or 2 investors waiting to see how small an amount they need to put in to "top-up" the pledge to the final total and therefore invest with a lower amount. At least I hope so, because I just can't see £1m coming only from the fans, we need new large scale investment, and hopefully the show of faith by fans with the pledges, the fans backing last night and the performance by so many bradford developed players will convince these new investors waiting in the wings to step up and bridge any gaps in the totals.

That is precisely how it was explained to me, a few hours after the story broke. Show those with some money to invest why the Bulls is worth backing.

The pledge announcement has been stated as being on the 7th April, I am assuming the Bradford vs Leeds match on the Friday is going to be an investor 'showcase'. Market the fact that this could be our last match, pull in the crowds and get the fans support loud and proud within Odsal to show why were worth investing in. As an investor this is what's important because more than likely they will be looking for a return.

Atki

Is this a case of the supporters giving the club money and then the investors topping this up expecting some kind of return? Or is it a case getting £500k pledged by the fans and the using this as a demonstration to investors to show the support for the Bulls and then the investors will put up the whole amount? And if we need the MONEY by next week what happens if we reach the pledge target but then fail to actually realise the amount when it is time to pay up? AS an aside if we don't have any debts (in that we keep being told we only have outstanding tax and image right payments to make) does that mean we have collateral tied up in the state of the art training establishment we have?

makes some sence, and I'm quietly confident of some positive news after the leeds game which i think will be an event to remember...

..but i still have some questions and doubts about the recent past and long term future, but thats for another day, lets put this fire out first. Welcome atki btw

Dont shoot me down here , but if there are all these guarantees , why are your BOD asking the fans to stump up?? why not call in these guarantees ??

something just doesnt seem right there, hope i am wrong and the Bulls survive this mess

Er...because the directors would have to pay hundreds of thousands of pounds, personally. Why the hell should they be asked to or expected to do that? Especially when they do the job for free, and their shares are essentially worthless?

And anyway, it would be for the BANK to call in the guarantees, and that would only happen if the club became formally insolvent.

And, if you wonder why the Board chose to repay the overdraft...it almost certainly didn't. It does not work that way. You basically pay money into the account and the bank grabs it. And won't let you make any payments without their leave - it will just bounce them for being over the limit. The BOD will have likely been told by the bank: "tough".

Isn't this the same bank that pours heaven knows how much into Rugby Union?

I suppose at the game on friday, they club may show how much as been raised up till that date like they did for the season ticket pledges

Having spoken to several, well connected people (inside & outside of the club) today, I can categorically say that the BoD are doing absolutely everything in their powers to ensure we have a club in the future.

They admit that their comms with the fans has not been good enough, but to be fair, they have had other pressing issues to deal with !

I could go on, justify why I have changed my tune, but I won't. If many knew exactly what Ryan & Peter are doing behind the scenes there would be a very very different tone on here. We are in better hands than you could imagine.