FORUMS > The Virtual Terrace > New Ownership Model unveiled at Bradford |
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| Apparently Wood has thrown his weight behind a new venture, whereby the Chairman of Dewsbury will buy 25% of the Club and Perez will front it as Temporary Chairman. It is unclear if Wood will be an investor or just ad advisor.
A number of questions arise from this, but the one I am keen to explore first, is joint ownership of more than one club, especially in the same division,as Dewsbury Rams and Bradford Bulls will be in 2020. The last time something like this happened IIRC, was when Ian Lenegan wanted to continue to invest in Harlequins Rugby League as well as buying Wigan Warriors. I believe that Nigel Wood recommended that he not be allowed do this and the resultant mess ended up with London dropping from 4.900 fans to 1,150 and out of Super League. I wonder why 1 person can now own 2 clubs in the same competition when this was blocked a decade ago?
Next is conflict of Interest. Wood, apparently a lifelong Bradford fan, was up until recently an RFL employee. He now has a position at the IRL and therefore influence in same way at the RFL. If he's there as an advisor only, then I suspect Bradford will be gone by the middle of next season.
Then there's Perez?
He has said he is paving the way for a new owner.....no call me a cynic if you like, but this sniffs like another club being bought with an eye on moving it across the pond. If not, then why is Perez not spending 100% of his time getting his other project OTTAWA up to the starting gate? Perez hasn't a pot to pee in, Bradford have used and been used by a number of charlatan investors and Ican only assume (because we're never given the facts) that Argyle or one of his mates is the real financial muscle here.
I feel for the Bradford fans who have stuck with them, but surely this is the last throw of the dice?
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| If the R.F.L. are stuck with the crumbling edifice that is Odsal, then it serves 'em right for their duplicitous actions in this appearingly never ending saga - jeez, we thought Brexit was bad!
I've not being following the latest shenanigans, but is there any truth in the rumour of Nigel Wood's involvement? The bloke who's mitts were all over the original cock-up, & who walked away with a £300K severance package to boot! Maybe he's finally got a conscience over his original involvement, or maybe he's got another cunning plan?
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| Quote: Him "Yep. Unfortunately Bradford didn’t spend enough money on it in the good times.'"
because they didn't have to. Odsal was a council owned and run ground. Prior to the club leaving Odsal for the 2001 & 2002 seasons, an agreement was reached with the then board headed by Chris Caisley, that for a nice big lump sum payment from Bradford Council to the Bulls and the Bulls agreeing to take over the running costs of the stadium.
Caisley then spent the money on having the Coral Corporate stand built and wasted the rest in a p!$$ing contest with Leeds over Iestyn Harris.
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| Quote: dboy "No, it's the RFL who have this obligation, not SL.'"
I understand that it was the RFL's deal and as such, they are left "holding the baby" but, are they not trying to cover the annual cost by withholding part of the Sky monies that would usually be distributed to the SL clubs ?
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| Quote: roofaldo2 "because they didn't have to. Odsal was a council owned and run ground. Prior to the club leaving Odsal for the 2001 & 2002 seasons, an agreement was reached with the then board headed by Chris Caisley, that for a nice big lump sum payment from Bradford Council to the Bulls and the Bulls agreeing to take over the running costs of the stadium.
Caisley then spent the money on having the Coral Corporate stand built and wasted the rest in a p!$$ing contest with Leeds over Iestyn Harris.'"
Yeah. So didn’t spend enough on their ground. They were spending it on players instead. They bought success with money that should have been spent on their facilities and infrastructure.
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| Quote: Him "Yeah. So didn’t spend enough on their ground. They were spending it on players instead. They bought success with money that should have been spent on their facilities and infrastructure.'"
And have continued to use that mode of operation up until now....
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