If you are as clever as you sound you will realise they didn't OWN their stadium , they had a lease on it , and also they had massive borrowings against that lease , all at the time 9 months ago when they were declared a ' B ' franchise , when in effect they were millions in debt with no obvious way of paying that debt or of financing 3 seasons of SL

Tis to be applauded, I'd expect nothing less.

Of course it happened suddenly. The bank reduced the overdraft which caused their cash stream to dry up. This crisis isn't caused by the bank cutting their cash stream, the problem is why they were eating up an overdraft whilst claiming to be profitable to the tune of £1.5m per season.

That is why it is stupid of the RFL to endorse Bradford's plea for cash.

Jokes aside, if anyone comes to the next match with "buckets for Bradford" i will be the first to dip my hand in my pocket. We've been there and faced the jibes from some fans of other clubs but then when you can't sink any lower you see other fans turning up and donating. We had a bus load of Warrington fans pop in on their way to a night match - all to do their bit. Whilst i may bay for the blood of The Teflon twins at Red Hall i do not share the same venom towards Rugby League fans.

Yes they did. There was no automatic expulsion but the RFL had the power under their own rules to apply any sanction as they saw fit.

They decided not to expel Hull even though that is what would have happened in every other sport in those circumstances and indeed is what the RFL themselves decided to do in future should anyone repeat Hull's error.

The RFL = Kings of Expediency.

The RFL should be issuing No Comment.

Just the same Monday morning e-mail then.

Where did they say they made a profit of £1.5m?

I'm speculating.

It was reported that the RFL bought odsal for a market rate and rented it back to them at a market rate.

Then a few articles have mentioned a lease being bought. Its very confusing.

I think the council are the freeholders. RFL own the stadium and Bradford a lease to use the stadium for home matches from the RFL.

And I repeat;



Although as somebody else has mentioned, I'd keep my hands in my pockets until somebody tells me where the cash has gone in the past!

We were in the same boat a few years ago and much to our appreciation, many fans of other clubs helped out but this happening to a seemingly sound club has a lot more questions than answers hanging over the story.

They are quoted in one article I read as saying turnover is £3-4m with operating costs around £2.5m. Whether it's £.5m or £1.5m, I fail to see how they are realising such cash losses.

If its the T&A article then it says £3-4m turnover and £2.5m wage costs not operating costs.