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International Chairman | 28357 | Bradford Bulls |
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| Quote Wooden Stand="Wooden Stand"
Extract from the RFL bye-laws:
" In the event of ....Acquisition, Change of Control or Insolvency Event, the Board, at its absolute discretion, shall have the right to readmit the member or admit a new member as a member on any terms as it sees fit, which for the avoidance of doubt, may include financial, administrative and/or sporting sanctions.
...'"
So you DID read and understand this when I quoted it! All that time arguing against my points and now you're quoting them 
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Player Coach | 35 | No Team Selected |
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Aug 2008 | 17 years | |
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Aug 2015 | Aug 2015 | LINK |
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Club Coach | 523 | No Team Selected |
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Dec 2004 | 20 years | |
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Nov 2016 | Nov 2016 | LINK |
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| Quote Ferocious Aardvark="Ferocious Aardvark"So you DID read and understand this when I quoted it! All that time arguing against my points and now you're quoting them
'"
Don't wish to be rude.
But when I suggested you read the RFL Articles, you said you didn't need to.... (something about your computer folders being full of such stuff).
Then, in the early hours of the next morning, you demonstrated that you had had a look and quoted a few extracts (in a bit of a misleading way, I have to say).
But a quick skim through in the early hours doesn't give anybody an expert knowledge.
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Player Coach | 5217 | No Team Selected |
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Aug 2006 | 19 years | |
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Mar 2025 | Sep 2024 | LINK |
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Good, well thought out argument, and came across well.
Quote frankbooth64
“I don’t think this is the RFL’s fault. It just seems there have been a number of administrations that have failed to get to grips with the issues.
“The danger is the RFL get caught in the crossfire and are painted as the bad guys.”
'"
I think this is precisely what has happened!
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Good, well thought out argument, and came across well.
Quote frankbooth64
“I don’t think this is the RFL’s fault. It just seems there have been a number of administrations that have failed to get to grips with the issues.
“The danger is the RFL get caught in the crossfire and are painted as the bad guys.”
'"
I think this is precisely what has happened!
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Rank | Posts | Team |
International Star | 90 | No Team Selected |
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Oct 2013 | 12 years | |
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Apr 2016 | Jul 2014 | LINK |
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| Quote SmokeyTA="SmokeyTA"Because there are capital expenditures necessary for the club. As is explained in that same paragraph.
reinvesting profit in to a business to grow it does not mean you didnt make a profit, simply that you didnt crystalise it and withdraw it from the business.'"
I'm not arguing that.
Your claim was that "...club owners dont make money from RL?", clearly phrased to mean that you believe that club owners do make money from RL. If all profits are re-invested in the business, where is Caddick's slice?
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Rank | Posts | Team |
International Star | 90 | No Team Selected |
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Oct 2013 | 12 years | |
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Apr 2016 | Jul 2014 | LINK |
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| Quote SmokeyTA="SmokeyTA"no, but if you walk in to my bank and just take all the money, i'm more likely to blame the company doing security than the thief. '"
Oh, my aching sides...
What gauge of knitting needle are you using today?
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| Quote Charlie Sierra="Charlie Sierra"I'm not arguing that.
Your claim was that "...club owners dont make money from RL?", clearly phrased to mean that you believe that club owners do make money from RL. If all profits are re-invested in the business, where is Caddick's slice?'"
It doesnt say all profits ever.
Also capital expenditure will increase the value of the business (you would hope) so 'Caddicks slice' even if he never took any profit out of the business and reinvested everything into capital expenditure would be in the value added to business.
i.e buy a business for £1m, make £1m a year for ten years, reinvest that £1m a year in capital expenditure, sell business for £11m (as a very simple example).
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Rank | Posts | Team |
Club Coach | 14302 | No Team Selected |
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Aug 2005 | 20 years | |
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| Am I the only one wondering how players contacted to BB2014 can play for OKBulls on the weekend?
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Rank | Posts | Team |
Player Coach | 5217 | No Team Selected |
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Aug 2006 | 19 years | |
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Mar 2025 | Sep 2024 | LINK |
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| Quote Anakin Skywalker="Anakin Skywalker"Am I the only one wondering how players contacted to BB2014 can play for OKBulls on the weekend?'"
Nope I'd like to know this also - especially given they're against London, and likely relegation candidates themselves
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Rank | Posts | Team |
International Chairman | 28357 | Bradford Bulls |
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Feb 2002 | 23 years | |
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May 2024 | Oct 2019 | LINK |
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| Quote Wooden Stand="Wooden Stand"Don't wish to be rude.'"
then change the habits of a lifetime and try not being
Quote Wooden Stand="Wooden Stand"But when I suggested you read the RFL Articles, you said you didn't need to.... ...'"
Which is true. I am familiar with the documents and have copies. I know the fundamentals of what's in them and know where to look. The quotes were to provide direct evidence to conclusively rebut spurious points made by various posters including you. I didn't need to read the Articles, but quoted for the benefit of those who clearly do.
As always, HTH.
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Rank | Posts | Team |
International Chairman | 28357 | Bradford Bulls |
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Feb 2002 | 23 years | |
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May 2024 | Oct 2019 | LINK |
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| Quote Anakin Skywalker="Anakin Skywalker"Am I the only one wondering how players contacted to BB2014 can play for OKBulls on the weekend?'"
You're not.
Reaching for the Paracetamol, so far as I know OKB remains a member of the RFL and of SLE. I haven't read anywhere of its memberships being revoked.
I'm not sure the contracts would be an obstacle. But if the players' registrations are held by BB2014... ?
What an unholy mess. No doubt the RFL are jumping about with paperwork for some temporary complex fudge as we speak.
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Rank | Posts | Team |
International Star | 90 | No Team Selected |
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Oct 2013 | 12 years | |
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Apr 2016 | Jul 2014 | LINK |
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| Quote SmokeyTA="SmokeyTA"It doesnt say all profits ever. '"
And I never used the word "ever". I was referring to the news article you quoted which detailed Leeds' profits for one year, all of which were re-invested. It's not my fault that you didn't make it clear that you were alluding to a wider principle, namely Quote SmokeyTA="SmokeyTA"Also capital expenditure will increase the value of the business (you would hope) so 'Caddicks slice' even if he never took any profit out of the business and reinvested everything into capital expenditure would be in the value added to business.
i.e buy a business for £1m, make £1m a year for ten years, reinvest that £1m a year in capital expenditure, sell business for £11m (as a very simple example).'"
which is a reasonable scenario, though I imagine Chris Caisley had a similar plan when Bradford were a force. Now there's nothing left to crystalise...
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