FORUMS > The Virtual Terrace > Bulls latest (sorry forgot to change title) |
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| According to bbc sports, a bid for the Bradford Bulls was approved by the RFL on Tuesday.
This looks like a major hurdle is clear and hopefully a formal announcement will follow ?
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Quote: wrencat1873 "According to bbc sports, a bid for the Bradford Bulls was approved by the RFL on Tuesday.
This looks like a major hurdle is clear and hopefully a formal announcement will follow ?'"
Think BBC got it wrong:
www.yorkshirepost.co.uk/sport/ru ... -1-4770893
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Quote: wrencat1873 "According to bbc sports, a bid for the Bradford Bulls was approved by the RFL on Tuesday.
This looks like a major hurdle is clear and hopefully a formal announcement will follow ?'"
Think BBC got it wrong:
www.yorkshirepost.co.uk/sport/ru ... -1-4770893
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| Nothing on BBc web site saying application was approved.
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| Did I read right that the ppl bidding want certain conditions met and one of them is that the Bulls are certified to stay in Super League?
I dont really agree with that tbh, and will the RFL actually agree to a condition that dictates what they can or cant do with a failed Super League club?
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| Quote: blackpoolwigan "Did I read right that the ppl bidding want certain conditions met and one of them is that the Bulls are certified to stay in Super League?
I dont really agree with that tbh, and will the RFL actually agree to a condition that dictates what they can or cant do with a failed Super League club?'"
Only for the current licensing period, not forever! It's a valid criteria to have.
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| Quote: Guilfoyle "that the bid put forward by the consortium would be conditional on the Bulls being allowed to continue in Super League and lease back Odsal, which is owned by the RFL.
"The best the RFL will get is a conditional bid," he told BBC Look North.
"The consortium I'm dealing with won't move forward with the club in the second tier. It would be a totally different business model.
"If this bid isn't accepted by them then this club will cease to exist and I will have failed."'"
Seems to me Guilfoyle is really putting the gun to the RFL’s head with his comments.
The bit I don’t understand is the comment regarding the lease.
Does this statement mean they want to lease back Odsal or is it a typo & it means the consortium wants the lease in their name, for whatever reason.
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| Quote: The Devil's Advocate "Seems to me Guilfoyle is really putting the gun to the RFL’s head with his comments.
The bit I don’t understand is the comment regarding the lease.
Does this statement mean they want to lease back Odsal or is it a typo & it means the consortium wants the lease in their name, for whatever reason.'"
The consortium wants to buy the lease back from the RFL. They're not demanding it for free.
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| Quote: Richie "Only for the current licensing period, not forever! It's a valid criteria to have.'"
Is it? Licensing terms state they can be revoked at any stage etc etc.
End of the season fine. But then must prove to keep working to award the licensing aims etc as any other club would be.
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| Caveats may be needed refn the lease buy back imo and it must not be sold less than it was bought for. The lease has real value for redevelopment of the site in the wrong hands.
Interesting few days ahead
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| Quote: J20 "Is it? Licensing terms state they can be revoked at any stage etc etc.
End of the season fine. But then must prove to keep working to award the licensing aims etc as any other club would be.'"
Yes, it's valid. It's valid to ask the RFL if the Bulls will be ejected from SL within the current licensing period for their financial problems, and for that answer to be key to whether the deal goes through or not.
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| Its going to be hilarious how the RFL will come out in the next day or so saying the deal should be accepted but they haven't made any guarantees.
I guess its lucky for the RFL that their new PR guy Comical Al should be along in a matter of hours to explain.
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| Quote: Roofaldo "The consortium wants to buy the lease back from the RFL. They're not demanding it for free.'"
I know what the consortium want but that wasn’t my point.
I was referring to the BBC statement which says.
[iAdministrator Brendan Guilfoyle revealed last week that the bid put forward by the consortium would be conditional on the Bulls being allowed to continue in Super League and lease back Odsal, which is owned by the RFL.[/i
I was alluding to the ambiguity of the statement and querying if it was a typing error.
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| Both of the 'conditions' seem entirely reasonable; as ever though, the devil is in the detail.
In respect of SL - if they want a guarantee that they'll inherit the Bulls current licence on the same terms and conditions as every other club, including the potential for it to be revoked at any time, then that seems eminently sensible.
Equally, if they want to buy back the Odsal lease, that also seems a very sensible aspiration; provided the RFL sell it to ABC at no loss, I can't see anyone having an issue with that either.
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| but what the term is they want to buy it and have the terms that the sl license can be revoked at anytime scrapped and to stay in superleague or they will not buy it?
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| Quote: wolfinwidnes "but what the term is they want to buy it and have the terms that the sl license can be revoked at anytime scrapped and to stay in superleague or they will not buy it?'"
You're going to have to decode that one for me.
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