Admin in the next week or so, new company then set up by Chris Caisley and Julian Rhodes(of bradford city)

Not my usual source so not sure on this one

mmmmm.... would this mean a move to Valley Parade...??? if so the RFL are left with a hole in the ground and no team.....can't see them looking on that favourably for a future franchise....

If you move i can see them removing your franchise.

Would a Bulls team that had been re-located to VP have a right to play in SL? If I were a member of the RFL and had recently parted with £1.25m to secure the lease on Odsal, I would be doing everything legally within my power to prevent it.

Why the assumption that just because someone mentioned Julian Rhodes that it automatically means relocating to Valley Parade?

Julian Rhodes doesn't own Valley Parade nor does he have any say who plays there

I would expect there to be something in the lease binding Bulls to play there. Presumably that would be null & void if they went into admin? As long as the son of Bulls were still a big draw, at VP or Odsal, the RFL couldn't afford to be bitter & twisted & not grant a licence.

Perhaps the RFL would simply sell the lease on for a tidy profit? I expect a
piece of land that big right next to the motorway might be appeal to certain businesses.

Well wasn't that the big story told when the lease was sold to the RFL? That unscrupulous people were looking at the club solely to get their hands on the land the stadium is built on?

TBH, I've always felt that Odsal is a prime location for a stadium. You've got decent facilities round the ground (food, drink etc) and you're almost slap bang on the motorway.

That being said however, I'm not against a move to VP. It'd certainly tick all the boxes for stadia in the franchise stakes and if we're hitting admin then we need to pick up our scores in other areas to compensate.

Also, as much as Odsal is a spiritual home for the Bulls, home is where your hat rests and if the choice came to keeping in SL and playing at VP or dropping down a division to stay at Odsal, then I'd say let's get down to Manningham

A move to Manningham would be the beginning of the end for the Bulls, ask Bradford Park Avenue!

Bradford hope!

ooooooo its all very exciting.

Apart, perhaps, a pretty fundamental one which is not having a reasonable sized rugby pitch upon which to play SL.

When Bulls returned from VP the last time, the Odsal settlement, whereby the club received money upfront (ostensibly to pay for some of the costs of upkeep, which became the club's responsibility) contained a clause to the effect that some of that cash would have to be repaid if they didn't play around 90% of home games at Odsal until (I think) 2018. I guess that in the case of insolvency and winding up then that would disappear along with everything else.

Not sure about admin though; if the same company comes out the other side of admin, even with new owners, then probably the liabilities and responsibilities under the lease will remain, unless they can be re-negotiated?

Same company virtually never does.

correct Bulliac, May 2019 to be overprecise, the repayment is given in the 2010 accounts as £1.4M, a guesstimate of it as of today would be around the £1.0M mark. It would not surprise me if the notification to go into admin is a negotiating ploy, to either reduce rent at Odsal or to get rid of this contingent liability so that a move to VP is possible.