FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!
  
FORUMS > Bradford Bulls > The 2 Bidders
265 posts in 19 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin
RankPostsTeam
Player Coach1894No
Team
Selected
JoinedServiceReputation
Mar 200817 years
OnlineLast PostLast Page
Dec 2017Nov 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Quote: Bulliac "I doubt Mr Guilfoyle has ever felt so powerless in a position where he would normally expect to have control. '"


Au Contraire
Mr Guilfoyle has always been, still is, and will remain in control until he decides who to sell to. He has a Court Order to that effect.
The final Bidders are now aware of what is required of them and exactly what they will receive. Due diligence will confirm that the bidders and seller are able to do what they say.

Then Guilfoyle will sell to the bidder who best meets the criteria of his legal responsibilities.

RankPostsTeam
International Chairman14145No
Team
Selected
JoinedServiceReputation
Dec 200123 years
OnlineLast PostLast Page
Aug 2020Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
45_1302643626.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_45.jpg



Quote: bobsmyuncle "Au Contraire
Mr Guilfoyle has always been, still is, and will remain in control until he decides who to sell to. He has a Court Order to that effect.
The final Bidders are now aware of what is required of them and exactly what they will receive. Due diligence will confirm that the bidders and seller are able to do what they say.

Then Guilfoyle will sell to the bidder who best meets the criteria of his legal responsibilities.'"


That is the theory.

The practice, though, is that it seems clear the RFL have determined who the suitable bidders are - by the simple expedient of controlling the one big thing the bidders need. And, I rather suspect, by determining just how much needs to be paid back to creditors to keep HMRC off the RFL's back, let alone because they can set rules - especially for rugby creditors.

Once the RFL have determined who gets a shot at it, they then tell Guilfoyle who they are prepared to accept.

Guilfoyle can accept that, or he can try and come up with an alternative that provides a better return to the creditors. And just how likely is he to be able to do that? Since he could not control the one big stick that could materially influence the outcome. IMO.

And remember he has no money to pay the players unless the RFL choose to advance him Skty monies, and no money to pay the coaching and support staff who are being partially-supported instead by the Bullbuilder Hardship Fund - which itself has benefited significantly from the generosity of some other clubs. So he really has sod all control ov er anything much, really, but a load of responsibility.

That, I think, is the point Bulliac is making, and if so it is a point to which I fully subscribe. I suspect Guilfoyle may well regret the day he ever agreed to "help out".

RankPostsTeam
Moderator10969
JoinedServiceReputation
Mar 200223 years
OnlineLast PostLast Page
Jan 2023Jun 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
1271.jpg
Whenever you find yourself on the side of the majority, it is time to pause and reflect. Mark Twain Build Bridges NOT Walls:1271.jpg

Moderator


Quote: bobsmyuncle "Au Contraire
Mr Guilfoyle has always been, still is, and will remain in control until he decides who to sell to. He has a Court Order to that effect.
The final Bidders are now aware of what is required of them and exactly what they will receive. Due diligence will confirm that the bidders and seller are able to do what they say.

Then Guilfoyle will sell to the bidder who best meets the criteria of his legal responsibilities.'"

Well, except that the RFL control the value of the bids.

Guilfoyle has to get the best deal for the creditors, that's his job, but if the RFL decides that a bidder won't get a licence then their bid is worth nothing.

I'll change that to what what was said above... icon_cool.gif

RankPostsTeam
International Star1704
JoinedServiceReputation
Aug 201113 years
OnlineLast PostLast Page
Oct 2023Dec 2020LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
61641_1313077623.png
[color=#FF0000:18ol665r]A Pie is for life, not just a Wembley Final[/color:18ol665r]:d7dc4b20b2c2dd7b76ac6eac29d5604e_61641.png



Quote: Bulliac "Concur with that but there are nagging doubts - like a story yesterday that if we retain a place in SL we may have to take a reduction in Sky money, which, if true, I guess suggests that A) we [imay[/i have had more than our share in the payments we've received over the last few months and they want it back, or B), more sinisterly, it may be some sort of 'punishment'. Maybe we'll find out more tonight? Though if it's Eddie asking the questions, Mr Solly will find the experience a bit like being grilled by a dead sheep and we'll find out very little.

In addition to your list I also hope we can keep our sponsors and even more, I hope that fans going into next year realise that it's most likely going to be a long hard slog. Particularly with almost certainly losing some/most of the ooc senior players and being unable to replace them as yet. If we have to field a team of younger than average players this may help supporters to get behind them and not just disappear if things initially don't go too well. Obviously, I don't need to say that we are going to have to stump up a lot more than last time around..

I guess we'll find out just what level of funding is available for things like recruitment and the academy in due course (says me talking as though it's all settled

or B) we havent paid any rent to the RFL for the entire season for Odsal and they are offsetting it against SL Sky money as they wont get anywhere near what is owed as a creditor.

RankPostsTeam
Player Coach1894No
Team
Selected
JoinedServiceReputation
Mar 200817 years
OnlineLast PostLast Page
Dec 2017Nov 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



icon_confused.gif:
My post is factual as where we are now.
My presumption was that any bidder at this stage of due diligence had already met the financial and administrative requirements of associated parties (RFL etc) and only the amount of contributions to the non-rugby creditor's fund was at issue.
Where two bidders have met all the conditions as above then the value of this contribution would be for Guilfoyle to decide.

RankPostsTeam
International Chairman28357
JoinedServiceReputation
Feb 200223 years
OnlineLast PostLast Page
May 2024Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
973_1515165968.gif
Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total:d7dc4b20b2c2dd7b76ac6eac29d5604e_973.gif



So then, all being well, the new owner will pick up the keys on Friday afternoon and take up residence on Saturday, in time for the Hull match. That will leave zero time for any talks with anyone, players, staff, coaches, let alone any actual agreements/contracts, so I assume that the game will take place almost before the new owners have even had time to get their coats off, in which case presumably it will take place only through the continued goodwill - if only for 1 more day - of those kind people.

RankPostsTeam
Player Coach1894No
Team
Selected
JoinedServiceReputation
Mar 200817 years
OnlineLast PostLast Page
Dec 2017Nov 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Quote: Adeybull " I suspect Guilfoyle may well regret the day he ever agreed to "help out".'"


I suspect not.
Whist it may not have been the routine job he expected (or maybe promised) and not financially profitable for him (depends how you assess the actual cost of fees to what he finally receives), their is an upturn.

IF he can return the Bradford Bulls brand to Super League, playing at Odsal, keep the RFL licence, getting rid of at the least £1.5m of debts, retain all the player's contracts, retain the training facility and the Juniors, then he will have exceeded my pessimistic expectations

Brokering a deal between many parties with invested interests and above all finally selling the club as a going concern will be promoted by him as a significant professional achievement that will look damn good on his CV no matter what the intervening processes.

RankPostsTeam
Club Coach3859No
Team
Selected
JoinedServiceReputation
Feb 200520 years
OnlineLast PostLast Page
Jul 2017Jul 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
12722.gif
:12722.gif



If rumours are to be believed - our super league status has already been discussed between the clubs. The new owner will be allowed to have the license transferred and the club will remain in super league. The voting stood at 12-1 for the Bulls to remain in Super League.

1 voted against us.

af
RankPostsTeam
International Chairman10445No
Team
Selected
JoinedServiceReputation
Dec 200123 years
OnlineLast PostLast Page
May 2022Aug 2013LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
731.jpg
Bradford gave us Hockney, Leeds gave us Moyles.:731.jpg



I shudder to think who that could have been.

RankPostsTeam
Player Coach325No
Team
Selected
JoinedServiceReputation
Feb 200619 years
OnlineLast PostLast Page
Nov 2019Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



It was probably quite close or maybe a Fartown.

RankPostsTeam
International Board Member6038No
Team
Selected
JoinedServiceReputation
Apr 200222 years
OnlineLast PostLast Page
Mar 2017Feb 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



I can't believe Wakey would vote for us. Some of their fans would spontaneously combust if they found out.

RankPostsTeam
Player Coach1894No
Team
Selected
JoinedServiceReputation
Mar 200817 years
OnlineLast PostLast Page
Dec 2017Nov 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Only the Khan/Sutcliffe bid has been called in.
Announcement tomorrow.

RankPostsTeam
Player Coach325No
Team
Selected
JoinedServiceReputation
Feb 200619 years
OnlineLast PostLast Page
Nov 2019Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Quote: bobsmyuncle "Only the Khan/Sutcliffe bid has been called in.
Announcement tomorrow.'"

I believe you but where did you find this out please?

RankPostsTeam
Club Coach487No
Team
Selected
JoinedServiceReputation
Feb 200520 years
OnlineLast PostLast Page
Apr 2017Apr 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Sutcliffe has just been interviewed on Boots n All. Seems his and khans bid is the one likely to be proceeded with.

RankPostsTeam
Player Coach325No
Team
Selected
JoinedServiceReputation
Feb 200619 years
OnlineLast PostLast Page
Nov 2019Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Thanks

265 posts in 19 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin
265 posts in 19 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin



All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.

Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.

RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.

Copyright 1999 - 2024 RLFANS.COM

You must be 18+ to gamble, for more information and for help with gambling issues see https://www.begambleaware.org/.



Please Support RLFANS.COM


5.650390625:5
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
1m
Grand final Tickets
apollosghost
5
8m
Leigh it is
NickyKiss
98
11m
Season tickets
Ilkley Fax
10
35m
TV Games - Not Hull
bishops fing
2930
Recent
Squads - Leopards v Warriors
micktheleyth
11
Recent
Wigan win academy final
Simba16
21
Recent
Film game
Boss Hog
4084
Recent
Tonights match v HKR
RobRiches
91
Recent
Betting 2024
karetaker
187
Recent
ALL NEW 49ERS ERA LEEDS UTD THREAD
leedsbarmyar
2421
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
30s
Tonights match v HKR
RobRiches
91
37s
Worst semi
Barstool Pre
5
47s
Fev H Play Off
Bully_Boxer
21
1m
Transfer Talk / Rumour thread V4
Emagdnim13
10104
1m
SL CHAT THREAD OTHER TEAMS GAMES
Jack Burton
157
2m
Wigan Humiliate Leigh For Grand Final Place
RLFANS News
1
2m
BORED The Band Name Game
Boss Hog
62588
2m
Championship Awards
FIL
10
2m
Season tickets
Ilkley Fax
10
3m
Game - Song Titles
Boss Hog
40182
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Grand final Tickets
apollosghost
5
TODAY
Wigan Humiliate Leigh For Grand Final Place
RLFANS News
1
TODAY
Refs referring it to video as a try or not
Barstool Pre
1
TODAY
Questions for Ste Mills
PopTart
4
TODAY
Decision on the field
MR FRISK
17
TODAY
Who do you want to win the Grand Final
morleys_deck
24
TODAY
Worst semi
Barstool Pre
5
TODAY
2025 TRANSFER AND RETENTION RUMOURS
Tony Fax
3
TODAY
Sam Burgess
morleys_deck
9
TODAY
Hull KR Survive Warrington Fightback To Secure Grand Final Spot
RLFANS News
1
TODAY
Squad 2025
Nat (Rugby_A
1
TODAY
Tonights match v HKR
RobRiches
91
TODAY
Isa 1 year extension
Trainman
11
TODAY
2024 IMG gradings
Victor
3
TODAY
Championship Awards
FIL
10
TODAY
Season tickets
Ilkley Fax
10
TODAY
Best Semi
sir adrian m
13
TODAY
Ben Condon is a Leopard
Jack Gaskell
1
TODAY
Squads - Leopards v Warriors
micktheleyth
11
TODAY
Any decent RL reads for me hols
norbellini
1
TODAY
Championship Play Off Final
PopTart
3
TODAY
Man of Steel
matt_wire
8
TODAY
Guest appearance
AgbriggAmble
2
TODAY
Squad for HKR
MorePlaymake
28
NEWS ITEMS
VIEWS
Wigan Humiliate Leigh For Gran..
120
Hull KR Survive Warrington Fig..
258
Warrington Wolves Break Saints..
811
Leigh Leopards Make Play Off P..
847
Catalans Dragons Finish Sevent..
1244
Hull KR Secure Second With Vic..
1466
Wigan Seal League Leaders Trop..
1207
Wakefield Trinity Sweep Aside ..
1619
Catalans Keep Season Alive Wit..
1319
Salford Ensure Play-Offs And S..
1549
Ruthless Wigan Thrash the Rhin..
1728
Huddersfield Giants Hold Off L..
2068
Salford Close In On The Play O..
1684
Leigh Leopards Up To Fourth Af..
1713
Leeds Rhinos Into the Six Afte..
2041