FORUMS > The Virtual Terrace > Bradford |
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| Point I’m trying to make is that the rfl will come out with more than they paid for it and that will go into there own big pockets guaranteed
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| Quote: Molsk111 "Point I’m trying to make is that the rfl will come out with more than they paid for it and that will go into there own big pockets guaranteed'"
What big pockets? The rfl is skint!
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Dec 2001 | 23 years | |
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| Quote: Molsk111 "Point I’m trying to make is that the rfl will come out with more than they paid for it and that will go into there own big pockets guaranteed'"
How so? They've lost their income. Why will they be better off when the head lease will no doubt limit what they can do with the facility?
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Jan 2017 | 8 years | |
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| Ok I’m wrong forget it end of
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| Quote: Molsk111 "Ok I’m wrong forget it end of'"
I'm more interested in what cost there will be to the RFL &, as a Bradford resident, to the City.
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| Few musings. Will there be clauses in the lease about maintaining the site to a standard? Is there a risk that the council could do a few surprise inspections and if the RFL hasn't maintained it (after the Bulls vacate on 30th Sept) then they could ultimately forfeit the lease? Politically the council wouldn't consider that option when it was the Bulls, they may be willing to take the risk when it's the RFL?
I've said it before, but the council is scrabbling for a coherent public health plan - mainly child (and adult) obesity. Lack of sports infrastructure is a hole in any plan for reducing childhood obesity.
The council is land rich and cash poor. For public health purposes, they need more sporting infrastructure, open to all. Outdoors, indoors, 4G. If the RFL can get out of the way, I'm sure the council could discuss their needs directly with a developer. A small community stadium at the heart of the plans, for RL, RU, Football, whoever needs it could work.
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International Star | 17982 | |
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Apr 2011 | 14 years | |
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| Quote: Molsk111 "Point I’m trying to make is that the rfl will come out with more than they paid for it and that will go into there own big pockets guaranteed'"
Can you explain how/why the RFL will come out of this with more than they paid, especially when their income WAS going to come for the rent paid by Bradford and this will disappear if/when Bradford move in with Dewsbury.
Bradford council aren't exactly going to be offering large sums of money to buy the lease back.
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Club Coach | 5880 | No Team Selected |
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Mar 2005 | 20 years | |
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| Quote: Molsk111 "Point I’m trying to make is that the rfl will come out with more than they paid for it and that will go into there own big pockets guaranteed'"
The RFL have already written DOWN the value of the lease in their books by hundreds of thousands of pounds a few years ago.
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Moderator | 31970 | |
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Dec 2001 | 23 years | |
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Moderator
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| £750k IIRC
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Apr 2011 | 14 years | |
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| Quote: Bullseye "£750k IIRC'"
That's a big figure for the RFL to write off.
There is little doubt that they (Bradford) should have been allowed to fold first time around, without the "support" of the RFL and you have to say that, although the share with Dewsbury will save them heaps and keep them on life support for a while, they have to keep some profile in Bradford itself or they will be looking at a slow lingering death, unless there is a knight in shining armour waiting in the wings with serious cash to invest.
As has been shown with other clubs trying to build new facilities, it can take forever, especially if the council dont drive the project really hard.
Its sad for the game and you have to feel for the fans, who have followed them for years and invested so much of their time and money in supporting their team.
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International Chairman | 17146 | No Team Selected |
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Dec 2001 | 23 years | |
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| Quote: Highlander "
The council is land rich and cash poor. For public health purposes, they need more sporting infrastructure, open to all. '"
Allied with the low value of land in Bradford it is the worst possible scenario. I agree about the need for infrastructure but the lack of money is the Catch 22.
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Club Owner | 1276 | No Team Selected |
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Apr 2004 | 21 years | |
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| Quote: Nothus "The RFL have already written DOWN the value of the lease in their books by hundreds of thousands of pounds a few years ago.'"
Yes down to around £400k which is just a bit more than they will have received in rent if the figures regularly banded about are true.
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Club Owner | 1276 | No Team Selected |
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Apr 2004 | 21 years | |
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| Quote: Highlander "Few musings. Will there be clauses in the lease about maintaining the site to a standard? Is there a risk that the council could do a few surprise inspections and if the RFL hasn't maintained it (after the Bulls vacate on 30th Sept) then they could ultimately forfeit the lease? Politically the council wouldn't consider that option when it was the Bulls, they may be willing to take the risk when it's the RFL?
I've said it before, but the council is scrabbling for a coherent public health plan - mainly child (and adult) obesity. Lack of sports infrastructure is a hole in any plan for reducing childhood obesity.
The council is land rich and cash poor. For public health purposes, they need more sporting infrastructure, open to all. Outdoors, indoors, 4G. If the RFL can get out of the way, I'm sure the council could discuss their needs directly with a developer. A small community stadium at the heart of the plans, for RL, RU, Football, whoever needs it could work.'"
By the same token there will likely be clauses in Bradford's lease from the RFL that requires them to maintain the ground to an agreed standard. Maybe Bradford will be getting a big bill when the lease ends......
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International Star | 760 | |
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Aug 2014 | 10 years | |
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| The council are likely to look for dilapadations repatriation but i think a good brief will be able to dismiss them considering the state the grounds been in for the last 20+ years. I'm sure there will be legal fees and some sort of payment required though
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Player Coach | 3217 | |
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Oct 2005 | 19 years | |
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| Quote: Mr Dog "By the same token there will likely be clauses in Bradford's lease from the RFL that requires them to maintain the ground to an agreed standard. Maybe Bradford will be getting a big bill when the lease ends......'"
I think that's what I meant. Bulls are paying a lot of money to keep it to a standard that it gets a safety certificate and no more. From 1st October, the RFL will start to have to pay for the maintenance if they cannot pass the cost onto a tenant. Not only will the £72k pa disappear, but there will be an approx. £200k maintenance hole in the RFL budget. That should focus the RFL's minds on moving the lease on.
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