FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!
  
FORUMS > Bradford Bulls > 18 players off contract, where are they going
133 posts in 10 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin
RankPostsTeam
Player Coach427
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Oct 2020Jun 2020LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
Black Backgrounds/Zoot.gif
:Black Backgrounds/Zoot.gif



O 'brien was the only one who signed a new contract who could not have it ratified. Whitehead signed his before all problems came to light and was never mentioned about it being a problem. If it was not ratified if we came out of admin the contract would be there and signed anyway.

Maybe somone trying to fish....

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

:



Quote: kinleycat "The fact that you haven't had to offload any this irks a lot more I'm sure.
I'm also fairly certain that the creditors owed money are also irked as to why when you have assets to sell they have not been sold.
Not to worry eh??'"


I'm sure I remember a Wakey official saying, circa April, that they might be interested in some of our players.

Have they made any offers and been turned down?

RankPostsTeam
Player Coach9974
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Feb 2019Feb 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
43457_1320063455.jpg
READ THE AUP: //forums.rlfans.com/viewtopic.php?f=1&t=438945&tsmp=1381997916:d7dc4b20b2c2dd7b76ac6eac29d5604e_43457.jpg



As far as I recall when we were in the brown sticky stuff we didn't have the luxury of being able to turn down offers?!?!

mat
RankPostsTeam
Player Coach9553
JoinedServiceReputation
Jun 200519 years
OnlineLast PostLast Page
Sep 2024Aug 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Quote: domthebull "O 'brien was the only one who signed a new contract who could not have it ratified. Whitehead signed his before all problems came to light and was never mentioned about it being a problem. If it was not ratified if we came out of admin the contract would be there and signed anyway.

Maybe somone trying to fish....'"

Afaik whitehead is in same situation as o'brien. His contract was signed and announced but paperwork was still going through when everything blew up. But his prior contract coves next year so should only be extended portion that could be an issue.

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

:



Quote: kinleycat "As far as I recall when we were in the brown sticky stuff we didn't have the luxury of being able to turn down offers?!?!'"


Which offers has Guilfoyle turned down?

RankPostsTeam
Player Coach9974
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Feb 2019Feb 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
43457_1320063455.jpg
READ THE AUP: //forums.rlfans.com/viewtopic.php?f=1&t=438945&tsmp=1381997916:d7dc4b20b2c2dd7b76ac6eac29d5604e_43457.jpg



A few clubs have been sniffing, afaik we have had an offer turned down for one player and dealings to make the Sykes loan deal permanent have been made difficult.
Reading various things in the RL media and what with SL being fairly dog eat dog, I would be amazed if the likes of Hull, Hudds and Warrington haven't made offers.
Has the administrator made any effort to raise any funds for creditors?
I appreciate he has cut back the wage bill by losing back office and coaching staff wages but has he actually realised any assets yet?

RankPostsTeam
International Star4334
JoinedServiceReputation
Jan 201114 years
OnlineLast PostLast Page
Jul 2024Jul 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
54039_1294695296.jpg
[b:p889vjdy][i:p889vjdy][color=#FF0000:p889vjdy]BULLSBOY2011:[/color:p889vjdy][/i:p889vjdy][/b:p889vjdy] [i:p889vjdy][color=#0000FF:p889vjdy][size=85:p889vjdy]'Pain is temporary, Pride is forever!'[/size:p889vjdy][/color:p889vjdy][/i:p889vjdy] [color=#FF40BF:p889vjdy]Bradford Bulls Fan Since Birth :)[/color:p889vjdy]:d7dc4b20b2c2dd7b76ac6eac29d5604e_54039.jpg



Hull, Hudds and Warrington have made offers icon_smile.gif We have turned them down or delayed to see what our future holds icon_smile.gif A well documented £300,000 bid went in for Bateman but we refused to sign it there and then (which was a massive risk as we could have gone into liquidation a week later).

mat
RankPostsTeam
Player Coach9553
JoinedServiceReputation
Jun 200519 years
OnlineLast PostLast Page
Sep 2024Aug 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



the problem is the only assets the club has are the players. The offers received have been ridiculously low, think 5-10k level. that sort of money doesnt make much of an impression on the level of debt so administrator has taken the view that the players have a higher value as part of a sale of the club as a going concern. Just because the wakefield administrator took a differnet view and sold players for peanuts doesnt mean that it is the only way to handle a administration.

The 300k offer for bateman was before we went into administration. It will have dropped dramatically once we were in admin, plus bateman allegedly refused to agree personal terms with any club other than bradford making him worthless as a saleable asset.

RankPostsTeam
International Star4334
JoinedServiceReputation
Jan 201114 years
OnlineLast PostLast Page
Jul 2024Jul 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
54039_1294695296.jpg
[b:p889vjdy][i:p889vjdy][color=#FF0000:p889vjdy]BULLSBOY2011:[/color:p889vjdy][/i:p889vjdy][/b:p889vjdy] [i:p889vjdy][color=#0000FF:p889vjdy][size=85:p889vjdy]'Pain is temporary, Pride is forever!'[/size:p889vjdy][/color:p889vjdy][/i:p889vjdy] [color=#FF40BF:p889vjdy]Bradford Bulls Fan Since Birth :)[/color:p889vjdy]:d7dc4b20b2c2dd7b76ac6eac29d5604e_54039.jpg



Aye true but I though the offer were just before we went into admin (at the point where everyone knew it was inevitable). And well he wanted to stay until they died or get back on their feet. He didn't want to leave a sinking ship especially if that ship is repairable and called Bradford.

RankPostsTeam
Player Coach9974
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Feb 2019Feb 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
43457_1320063455.jpg
READ THE AUP: //forums.rlfans.com/viewtopic.php?f=1&t=438945&tsmp=1381997916:d7dc4b20b2c2dd7b76ac6eac29d5604e_43457.jpg



Quote: Bulls Boy 2011 "Hull, Hudds and Warrington have made offers The ethical question is when money is owed, should you be able to say no?
How happy would you be if you were a creditor hearing such news?

RankPostsTeam
Player Coach9974
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Feb 2019Feb 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
43457_1320063455.jpg
READ THE AUP: //forums.rlfans.com/viewtopic.php?f=1&t=438945&tsmp=1381997916:d7dc4b20b2c2dd7b76ac6eac29d5604e_43457.jpg



Quote: mat "the problem is the only assets the club has are the players. The offers received have been ridiculously low, think 5-10k level. that sort of money doesnt make much of an impression on the level of debt so administrator has taken the view that the players have a higher value as part of a sale of the club as a going concern. Just because the wakefield administrator took a differnet view and sold players for peanuts doesnt mean that it is the only way to handle a administration.

The 300k offer for bateman was before we went into administration. It will have dropped dramatically once we were in admin, plus bateman allegedly refused to agree personal terms with any club other than bradford making him worthless as a saleable asset.'"

If I remember correctly Wakefield were made to sell two or three players for about £10k each.

RankPostsTeam
International Star4334
JoinedServiceReputation
Jan 201114 years
OnlineLast PostLast Page
Jul 2024Jul 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
54039_1294695296.jpg
[b:p889vjdy][i:p889vjdy][color=#FF0000:p889vjdy]BULLSBOY2011:[/color:p889vjdy][/i:p889vjdy][/b:p889vjdy] [i:p889vjdy][color=#0000FF:p889vjdy][size=85:p889vjdy]'Pain is temporary, Pride is forever!'[/size:p889vjdy][/color:p889vjdy][/i:p889vjdy] [color=#FF40BF:p889vjdy]Bradford Bulls Fan Since Birth :)[/color:p889vjdy]:d7dc4b20b2c2dd7b76ac6eac29d5604e_54039.jpg



To be honest id rather keep them if there is a chance of getting on our feet and risking it instead of selling players for 5-10K like you guys did. I understand why Wakey did it but Bradford are taking a different view. Yes we have a right to turn down money if we don't want to accept the offer.

In the eyes of a creditor I wouldn't care if there was bids for the club willing to pay the debts off. Why get £10,000 when all the debt owed to you could be paid off by Khan/Sutcliffe or BPA ?

mat
RankPostsTeam
Player Coach9553
JoinedServiceReputation
Jun 200519 years
OnlineLast PostLast Page
Sep 2024Aug 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Quote: kinleycat "The ethical question is when money is owed, should you be able to say no?
How happy would you be if you were a creditor hearing such news?'"

Depends entirely on how much the creditor ends up getting paid in the end doesnt it?. If admin sells of assets piecemeal for a lot less than there worth the creditors could get less than if club is sold as a going concern. Until this is resolved and we know how much of debt is repaid then its impossible to say.

But given level of offers being received entire playing squad wouldnt have realised much more than 250k sold piecemeal and then club itself would have sold for peanuts. Sold as a going concern its potentially going to bring a much larger sum for the creditors.

mat
RankPostsTeam
Player Coach9553
JoinedServiceReputation
Jun 200519 years
OnlineLast PostLast Page
Sep 2024Aug 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Quote: kinleycat "If I remember correctly Wakefield were made to sell two or three players for about £10k each.'"


Wakefield weren't made to do that. Your Administrator chose to do that to keep club going in off season. Did he TRY asking RFL for an advance on TV money,before selling player, like ours did?.

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

:



Quote: kinleycat "A few clubs have been sniffing, afaik we have had an offer turned down for one player and dealings to make the Sykes loan deal permanent have been made difficult.
Reading various things in the RL media and what with SL being fairly dog eat dog, I would be amazed if the likes of Hull, Hudds and Warrington haven't made offers.
Has the administrator made any effort to raise any funds for creditors?
I appreciate he has cut back the wage bill by losing back office and coaching staff wages but has he actually realised any assets yet?'"


If clubs had been making genuine offers for Bulls players, which have been turned down by the Administrator, don't you think we would have heard about it? Why haven't there been any complaints in the media from the clubs involved?

Isn't it possible that those clubs have not made offers because they expect the players to become available as free agents?

133 posts in 10 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin
133 posts in 10 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


5.00634765625:5
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
1m
Salford H Moved to Thursday
apollosghost
85
6m
2024 Southstandercom Prediction Competition Week 27
rugbyleague8
25
13m
Transfer Talk / Rumour thread V4
ArthurClues
9899
13m
Film game
Boss Hog
3718
15m
This weeks disciplinary
silvertail-w
1338
15m
Squad for London
karetaker
30
18m
bulls on Sunday
Highlander
12
38m
DoR - New Coach - Investor & Adam - New signings
mwindass
3129
54m
Wolves again
BigTime
1
55m
Le Cats at home - Los Alomos Custers Last Stand
Jake the Peg
46
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
19s
2024 Southstandercom Prediction Competition Week 27
rugbyleague8
25
20s
Halifax A
Wigan Bull
4
36s
Tom Johnstone
Dr Dreadnoug
14
39s
Wolves again
BigTime
1
42s
Rumours thread
imwakefieldt
2218
43s
Squad for London
karetaker
30
45s
Off Contract 2025
christopher
17
57s
Round 26 Wigan Away
Once were Lo
144
58s
Game - Song Titles
Boss Hog
40089
1m
Finn out Murrell in
faxcar
11
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Wolves again
BigTime
1
TODAY
Academy Players Promoted to First Team Squad
Simba16
2
TODAY
Squads - Leopards v Saints
Deeeekos
2
TODAY
Round 27 HKR Away
FlyingScotty
5
TODAY
Squad for London
karetaker
30
TODAY
Hull FC preview
Jimmythecuck
1
TODAY
Halifax A
Wigan Bull
4
TODAY
East stand
PopTart
12
TODAY
Locations of League
Wollo-Wollo-
1
TODAY
Matt Parcell to leave at seasons end
Huddersfield
1
TODAY
Huddersfiels to get new stadium
Huddersfield
1
TODAY
IMG
Fantastic Mr
2
TODAY
Leaving players
Murphy
1
TODAY
bulls on Sunday
Highlander
12
TODAY
Concerts at Stadiums
Fantastic Mr
11
TODAY
Finn out Murrell in
faxcar
11
TODAY
Playoff Semi Final
MattyB
3
TODAY
Bulls Accounts up to Nov 2023
Bullseye
13
TODAY
Shareholders Meeting
Scarlet Pimp
36
TODAY
James Clark
Jake the Peg
6
TODAY
Le Cats at home - Los Alomos Custers Last Stand
Jake the Peg
46
TODAY
Realistic targets for 2025
the cal trai
31
TODAY
2024 Southstandercom Prediction Competition Week 27
rugbyleague8
25
TODAY
Club Statement
UllFC
49
TODAY
Wakefield Trinity Sweep Aside York Knights Challenge
RLFANS News
1
TODAY
Old FC when we knew how to play rugby
mk_fc
5
TODAY
WIRE YED Prediction Competition London Home
Wanderer
12
NEWS ITEMS
VIEWS
Wakefield Trinity Sweep Aside ..
771
Catalans Keep Season Alive Wit..
563
Salford Ensure Play-Offs And S..
594
Ruthless Wigan Thrash the Rhin..
602
Huddersfield Giants Hold Off L..
1022
Salford Close In On The Play O..
969
Leigh Leopards Up To Fourth Af..
1088
Leeds Rhinos Into the Six Afte..
1052
Wigan Warriors Defeat Hull KR ..
1084
Wane Names Provisional Squad f..
1464
Leeds Rhinos Ride Their Luck F..
1412
Wigan Warriors Level Top As Ca..
1490
Castleford Tigers Inflict Anot..
1484
Leigh Into the Six After Beati..
1666
Five Into Three - Our Top Six ..
2240