FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!
  
FORUMS > Bradford Bulls > BullBuilder Statement on Bradford Bulls' Financial Situation
Posts:7
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin
RankPostsTeam
Player Coach76No
Team
Selected
JoinedServiceReputation
Apr 201015 years
OnlineLast PostLast Page
Apr 2018Apr 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
51201_1272630951.jpg
[img:29zelstv]http://www.bullbuilder.co.uk/images/banner.jpg[/img:29zelstv]:d7dc4b20b2c2dd7b76ac6eac29d5604e_51201.jpg



Following the recent announcement by the Bradford Bulls about the financial situation, the BullBuilder committee were as shocked and disappointed as any other supporter. Since then, as a result of informal discussions with the club, we are satisfied that the situation is one of extreme gravity, which indeed requires an immediate cash injection.

After detailed discussions as a committee, we are convinced that it is of paramount importance for the club to raise sufficient funds to avoid administration. We believe that administration would, at the least, mean that BullBuilder’s efforts in support of junior Bradford Bulls players would have been wasted as other clubs reap the benefits of players already developed and currently coming through the system. At worst, there are no guarantees that the Bulls will survive in any form, given that the club’s position is unique and not directly comparable to other recent administrations, such as that from which Wakefield emerged last season.

Although many people have contacted BullBuilder directly and indirectly, and have expressed opinions in the media to the effect that they are reluctant to pledge because of lack of confidence in the current board, we feel that such issues can only be addressed after the immediate priority of saving the club from administration has been resolved. As a result we urge our members, the fan-base and the Rugby League community as a whole to support the club’s efforts to raise the necessary funds via the pledge and related fundraising efforts.

We acknowledge those suggestions that BullBuilder might act as a conduit for funds from supporters unwilling to pledge directly to the club. However, we feel that there is insufficient time to arrange this effectively, and that it could only detract from the overall fund-raising effort.

This is in no way to be seen as an endorsement of the current board, and we will urgently seek meetings with the club to try to ensure that the views of the supporters are better represented, to improve transparency and to strengthen links between the club and the fans. However, we wish to emphasise that none of this can happen unless the club survives the current crisis.

rlhttps://www.bullbuilder.co.uk/NewsItem.aspx?GUID

RankPostsTeam
Moderator31956
JoinedServiceReputation
Dec 200123 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
438_1551258406.jpg
"If you start listening to the fans it won't be long before you're sitting with them," - Wayne Bennett.:d7dc4b20b2c2dd7b76ac6eac29d5604e_438.jpg

Moderator


Quote: BullBuilder " At worst, there are no guarantees that the Bulls will survive in any form, given that the club’s position is unique and not directly comparable to other recent administrations, such as that from which Wakefield emerged last season.'"


Thanks for the statement. Could someone clarify why our situation is not directly comparable with other administrations?

RankPostsTeam
Player Coach763No
Team
Selected
JoinedServiceReputation
Apr 200916 years
OnlineLast PostLast Page
Aug 2024Feb 2020LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
45060_1394807359.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_45060.jpg



That's what I've been waiting for. Time to pledge! Cheers.

RankPostsTeam
Moderator31956
JoinedServiceReputation
Dec 200123 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
438_1551258406.jpg
"If you start listening to the fans it won't be long before you're sitting with them," - Wayne Bennett.:d7dc4b20b2c2dd7b76ac6eac29d5604e_438.jpg

Moderator


Some answers here by the look of it.

viewtopic.php?f=19&t=523090&start=560
Some answers here by the look of it.

viewtopic.php?f=19&t=523090&start=560


RankPostsTeam
International Star7No
Team
Selected
JoinedServiceReputation
Mar 201213 years
OnlineLast PostLast Page
Jan 2015Jan 2015LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



I’m new to Forum- supporter since 70’s-season ticket holder-shareholder.
Rumours and recriminations abound on the history, reasons and culprits behind this affair. There is anger, disbelief and frustration among fans.
Some home truths must be faced:
1) The lack of sufficient overdraft facilities, lack of a major sponsor, lack of clarity surrounding the potential tax liabilities re-image rights, potential continuing legal issues, falling gates, indifferent performances on the field, high fixed operating costs (150 employees including playing staff), and the risk of default in paying wages in the immediate future.
2) A high level of uncertainty as to the use to which any donations to the current appeal from the Directors will be put.
Given these facts, a realistic view must be that some sort of reformation will take place, possibly via administration, and if you believe this, then donations to the current appeal would seem futile.
How can you help ? There already exists a supporters’ Trust in the name of BullBuilder. This is a properly-constituted body under the auspices of the FSA and the Supporters Direct organisation, which has to follow legal guidelines in its operation and accounting activities. It has a Board of Directors who report directly to its members. You could become a member now for a small fee and get a voice.
Better still, an immediate proactive move would be a decision by the Trust Board to open a specific ‘BullSaver‘account, into which all donations could be deposited and, more importantly, ring-fenced. Members would then be entitled to get involved in any later decision as to how these funds are spent, once the outcome of current negotiations regarding any reformation of the Club are known.
I am currently not a member of BullBuilder, but will most likely join, as I see it as the only possible vehicle for action by the fans. I mention it here because, my wife being a Board member of another Supporters Trust, I have some knowledge as to how effective this kind of body can be in these circumstances.
Yours in Sport, believing we can yet have a competitive RL team in Bradford to support, in whatever format and at whatever level may be possible.

RankPostsTeam
Player Coach1178No
Team
Selected
JoinedServiceReputation
Feb 200718 years
OnlineLast PostLast Page
Sep 2023Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
32226.jpg
You can lead a horse to water but you can't climb a ladder with a bell in both hands.:32226.jpg



Although BullBuilder are set up to liaise with the club in terms of the Academy, there's nothing to say that they can't try to take a more prominent role moving forwards should the club allow them to do so and the board at Bullbuilder deem this suitable.

Bullbuilder do speak with the club regularly and I think that the statement outlines the fact that many fans are concerned with the current management, but its pretty clear that without a club there is nothing to change or try to improve.

It's convinced me to pledge as personally I feel let down by the current board, but given that, I'd rather there be a club run by Hood and the rest, than no club at all.

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



Good luck to you all, i can't help but think that you've missed a trick, but hey!
There has been an awful lot of support and advice given to you, I personally am surprised you have decided to throw your lot in with the people who have got you here but thats your choice.
I sincerely hope it works out well, as i think you will receive little support if it goes pear shaped again in the near future.
KC.

Posts:7
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin
Posts:7
<<   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


5.24609375:5
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
4m
DoR - New Coach - Investor & Adam - New signings
walter wall
4026
11m
Film game
karetaker
5647
22m
Leeds away first up
Big lads mat
45
23m
Castleford sack Lingard
FOREVERTRIN
9
24m
Accounts
Greg Florimo
135
36m
Red Devils sign International forward
Huddersfield
3
41m
2024
Big lads mat
10
45m
Fixtures 2025
Jake the Peg
67
54m
How many games will we win
Eastern Wild
10
Recent
Its all gone a bit quiet
jbuzza
21
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
46s
DoR - New Coach - Investor & Adam - New signings
walter wall
4026
48s
2025 Recruitment
dddooommm
199
1m
Film game
karetaker
5647
1m
Fixtures 2025
Jake the Peg
67
1m
Dual Reg
Spookisback
9
1m
Assistant Coach - Langley
exiledrhino
30
2m
New Players
jbuzza
139
2m
2025 KIT Thread
CM Punk
4
2m
2024
Big lads mat
10
3m
ALL NEW 49ERS ERA LEEDS UTD THREAD
tad rhino
2593
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
2024
Big lads mat
10
TODAY
Dan Norman Retires
Cokey
1
TODAY
How many games will we win
Eastern Wild
10
TODAY
Leigh Leopards - 2025 Fixtures
ColD
2
TODAY
Catalan Away
Dannyboywt1
6
TODAY
2025 Betfred Super League Fixtures
RLFANS News
1
TODAY
2025 fixtures
Smiffy27
15
TODAY
Fixtures
Willzay
13
TODAY
Salford
TF and the w
13
TODAY
WCC Off
Choc Ice
11
TODAY
Leeds away first up
Big lads mat
45
TODAY
Jake McLoughlin
Wanderer
1
TODAY
Assistant Coach - Langley
exiledrhino
30
TODAY
Noah Booth out on loan
Big lads mat
22
TODAY
Luke Gale testimonial match
BarnsleyGull
2
TODAY
England 5 - 0 Ireland
Sadfish
1
TODAY
Magic Weekend 2025 - Back To Newcastle
RLFANS News
1
NEWS ITEMS
VIEWS
2025 Betfred Super League Fixt..
596
Magic Weekend 2025 - Back To N..
537
England Beat Samoa To Take Tes..
1280
England's Women Demolish The W..
1110
England Beat Samoa Comfortably..
1350
Operational Rules Tribunal –..
1139
IMG-RFL club gradings released..
1405
Wakefield Trinity Win Champion..
1940
Hunslet Secure Promotion After..
2153
Trinity Into Play Off Final Af..
2396
Wigan Warriors Crowned Champio..
1963
York Valkyrie Win Back to Back..
2203
Hunslet Book Relegation Play O..
2667
Penrith Panthers Secure Fourth..
2098
Wigan Humiliate Leigh For Gran..
2170