FORUMS > Bradford Bulls > Confirm or Deny!! |
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| Quote: andycapp " I just hope there is a plan and a buyer is waiting in the wings.'"
TBH, who would want to? We are a mess. A joke from top to bottom. It has been going on for years now.
What concerns me though is that do the RFL run a "fit and proper test" before allowing people to takeover clubs. If so, how could they allow the likes of Hood, Khan and (possibly) Greene to do so? They have failed here too.
I seriously wonder if there is actually such a thing as an honest businessman in Bradford!
I am afraid that the final nail is being prepared and only a Koukcash can save us now.
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| maybe hes just putting them on their toes for the way they performed at fev! On a serious note it doesnt make good reading hopefully the plan will become clear over the next couple of days upon his return
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| A few home truths.
Confidence in the club hasn't "hit rock bottom", I don't think anyone's expectations apart from a handful of strident social media types has altered one bit.
We have been in the financial mire often enough to know that it makes no difference what statements a club makes, it will either survive or go down the tubes. So many people insisting on calling for statement after statement after statement is really getting on my nerves, Green keeps putting out statements (FWTAW) but some people seem to want a statement every half an hour, and a statement after every message board claim or tweet.
Statements may reassure some, or worry others, but they are useless. Nobody who is now "worried" will become less worried, if they would, then they would have all become non-worried people at green's last statement. It is a circular farce, this constant demanding of statements.
Many seem to miss the obvious point, somehow (don't ask me how) that things were going passably well financially (for a full-time club trying desperately to make ends meet in a low-rent league) UNTIL the team got beat by Fev, which at a stroke has made a £3/4m hole in the budget, including screwing our cashflow for the "playoffs" - downgrading from "Tasty" to "loss-making". THIS IS STATING THE OBVIOUS - why can't so may see the bleedin' obvious? Whatever else there is, the players have landed Green with a HUGE financial hole where there shouldn't have been one.
If you accept that we were not running at any sizeable surplus, then WHAt DO YOU THINK happens when suddenly such a huge sum of cash falls through a trapdoor?? To me, it is obvious that that event was a seismic event. It is stupid to say "Well, surely Green had contingency plans for in case we didn't make the proper playoffs. " After some fashion, maybe he even did, - but whatever they may be, they aren't ones any of us might like, and the point is no plan can bring IN money. If it could then we would have implemented it as soon as we thought of it!!
The most ironic thing is that many people were calling for the players not to be paid after Fev. If indeed the players have not been paid (and I have zero information on the point) then in a pretty direct way, they are responsible for that. Fev have earned themselves a handy cash cushion by the sweat of their brows, and suddenly the immediate future must look a helluva lot brighter for them, with some mouthwatering gates in prospect. That could and should have been us, and I really don't think it is rocket science, whatever financial state the accounts may be in (and again, I have zero information on that either), to understand that having taken such an almighty hit below the water line, we will obviously need something to bale us out - we can't have had any money to spare, in my opinion, and now we have taken a red pen to our cashflow.
That must be the huge problem for Green, and as a businessman, no doubt he and his team will address it. But the essential point is obvious to the point of being banal: if ANY business MUST make an IMMEDIATE payment to HMRC to stay afloat, then unless there remains a big cash balance, those in the queue behind HMRC would have to wait. That, or somebody ploughs a wedge more cash into that business. Whether the Bulls are in that situation, I wouldn't know, but why is such a basic principle so hard to understand? Or do some madly believe that or operations this season have built up a huge stash of cash, just waiting to be spent?
Green has indeed done a great job running the business, we remain full-time after 2 full years of the Championship, so who can say he hasn't? Especially after what came before him? Those running the playing side have let him down, but I fail to see how anyone can attack Green's running of the business. I hope and pray he will keep us going - but if he doesn't then I for one could well understand why, and the blame would lie squarely with those on the playing side - not the business side. Make no mistake - we are where we are because of our on-field failures. Fev was the last straw, but not the first, and even then I firmly believe that had we won that game, we wouldn't be having these discussions today.
It is truly idiotic to even suggest Green has failed in running the business. That hasn't been and isn't our problem. At all.
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| Quote: Ferocious Aardvark "A few home truths.
Confidence in the club hasn't "hit rock bottom",
Quote: Ferocious Aardvark "says who?'"
I don't think anyone's expectations apart from a handful of strident social media types has altered one bit.
We have been in the financial mire often enough to know that it makes no difference what statements a club makes, it will either survive or go down the tubes. So many people insisting on calling for statement after statement after statement is really getting on my nerves, Green keeps putting out statements (FWTAW) but some people seem to want a statement every half an hour, and a statement after every message board claim or tweet.
Statements may reassure some, or worry others, but they are useless. Nobody who is now "worried" will become less worried, if they would, then they would have all become non-worried people at green's last statement. It is a circular farce, this constant demanding of statements.
Quote: Ferocious Aardvark "Possibly, but if the "rumours" out there do not get quashed sooner or later then people WILL start to believe that the situation is dire. The problem with statements from the club is that all too often they are Duffy-spun bull that tries to deflect any blow with hollow words.'"
Many seem to miss the obvious point, somehow (don't ask me how) that things were going passably well financially (for a full-time club trying desperately to make ends meet in a low-rent league) UNTIL the team got beat by Fev, which at a stroke has made a £3/4m hole in the budget, including screwing our cashflow for the "playoffs" - downgrading from "Tasty" to "loss-making". THIS IS STATING THE OBVIOUS - why can't so may see the bleedin' obvious? Whatever else there is, the players have landed Green with a HUGE financial hole where there shouldn't have been one.
Quote: Ferocious Aardvark "So we were going passably well financially yet one loss away from possible liquidation? That does not sound like "passably well" to me?'"
If you accept that we were not running at any sizeable surplus, then WHAt DO YOU THINK happens when suddenly such a huge sum of cash falls through a trapdoor?? To me, it is obvious that that event was a seismic event. It is stupid to say "Well, surely Green had contingency plans for in case we didn't make the proper playoffs. " After some fashion, maybe he even did, - but whatever they may be, they aren't ones any of us might like, and the point is no plan can bring IN money. If it could then we would have implemented it as soon as we thought of it!!
The most ironic thing is that many people were calling for the players not to be paid after Fev. If indeed the players have not been paid (and I have zero information on the point) then in a pretty direct way, they are responsible for that. Fev have earned themselves a handy cash cushion by the sweat of their brows, and suddenly the immediate future must look a helluva lot brighter for them, with some mouthwatering gates in prospect. That could and should have been us, and I really don't think it is rocket science, whatever financial state the accounts may be in (and again, I have zero information on that either), to understand that having taken such an almighty hit below the water line, we will obviously need something to bale us out - we can't have had any money to spare, in my opinion, and now we have taken a red pen to our cashflow.
That must be the huge problem for Green, and as a businessman, no doubt he and his team will address it. But the essential point is obvious to the point of being banalPerhaps, but are you saying that the chairman should have zero input into team that is being put together on the pitch? Could he not have seen the failings and acted sooner in regards to Lowes? Why did he continue to sign cheques to bring in players in areas that every Tom, Dick and Harry could see that we did not need? To absolve him of any blame is ridiculous, even for you!'"
It is truly idiotic to even suggest Green has failed in running the business. That hasn't been and isn't our problem. At all.'"
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| Well, yes. That one loss means instead of home games vs Leeds, Leigh & HKR ( average gate 9k or 10k possible??) we now have 4 home games that we'll average 3k or 4k. That's about £100k per match difference. That's the cash flow problem right there.
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| I said after the Khan fiasco we needed a Koukash or bust and so it proves.
This club cannot survive being "run as a business" since it loses money. Downsizing to part time would reduce income as well as overheads and salaries so we'd be in the same place financially.
Like 99% of RL clubs Bradford needs someone with deep enough pockets to cover the losses. We need a Beaumont or a Koukash.
Green was never wealthy enough and I don't think he or Ferres were savvy enough either. Mistakes have been made that we simply couldn't afford to make this season (40+ man squad anyone?).
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| Everything seems to be carrying on as usual on the website.
To be honest, FA's analysis is pretty close to my own ideas; the biggest let down has been the football side of the business and not the financial one. 100% I never thought for a second that we'd fail to make the four, and I've been a Northern/Bulls fan for nearly my entire life, so given the let downs and disappointments suffered over the years, if I can fail to see it coming then anyone can.
Maybe my problem is that I'm generally too optimistic. Maybe I should start to look at sunshine as something which is always immediately followed by rain?
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| Safeguard Security Group staff are three weeks late being paid, coincidence ?
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| Quote: mystic eddie "Perhaps, but are you saying that the chairman should have zero input into team that is being put together on the pitch? Could he not have seen the failings and acted sooner in regards to Lowes? Why did he continue to sign cheques to bring in players in areas that every Tom, Dick and Harry could see that we did not need? To absolve him of any blame is ridiculous, even for you! '"
Boring. Why can you never read and understand a post, instead just invent yet another risible straw man, to have a pop?
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| Quote: Ferocious Aardvark "Boring. Why can you never read and understand a post, instead just invent yet another risible straw man, to have a pop?'"
Oh I can read. I just don't agree. Is that ok with you?
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| Quote: Bubbashrimp "Safeguard Security Group staff are three weeks late being paid, coincidence ?
We know and and probably not.
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| Apparently the Rfl are paying our wages until Xmas.
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| Quote: jammle "Apparently the Rfl are paying our wages until Xmas.'"
Source?
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| Quote: jammle "Apparently the Rfl are paying our wages until Xmas.'"
And where has this come from and what would be the catch? Reduced central funding d for the next few years. All kind of rumours flying about it might be better to only repeat what has a credible source.
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| Quote: BD20 "All kind of rumours flying about it might be better to only repeat what has a credible source.'"
Yes don't want a return to last weekend's "it's on twitter look
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