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I'm not overly bothered about the amount of points deducted. But there should be a points deduction for going into admin. It's part of the rules.

As for punishing the new owners. It's not really about that, it's about redressing the balance for the club buying players on finances that they could not afford.

Whilst the owners lose their money through loans or capital that is invested. A points deduction is the only way to apply that punishment to the club itself, which remains as it was days ago, except under new ownership.

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Quote: Magic Superbeetle "Is that what you said when Salford were in administration?'"



We never went into administration.

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Quote: bewareshadows "I'm not overly bothered about the amount of points deducted. But there should be a points deduction for going into admin. It's part of the rules.

As for punishing the new owners. It's not really about that, it's about redressing the balance for the club buying players on finances that they could not afford.

Whilst the owners lose their money through loans or capital that is invested. A points deduction is the only way to apply that punishment to the club itself, which remains as it was days ago, except under new ownership.'"

with P&R back not deducting the bulls could set a dangerous precedent. Teams will go back to going bust to stay up

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Quote: Magic Superbeetle "Is that what you said when Salford were in administration?'"



We never went into administration.

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22/03/2013 Get LEIGH outta wigan:



Quote: Adeybull "Eh?

Firstly, it was £1.25m.

Secondly, they pay £78k p.a. rent to the RFL in exchange. Do the maths, that is a pretty good return on investment.

Thirdly, they sold their principal asset for what some like Caisley alleged was below fair value and. I'm sure if the opportunity came to buy back the lease for the same price eventuated, once the club gets its full allocation of Sky monies again and is not £2/3m down to the benefit of all the other clubs, the club would take it.

OK, next?'"


It might be a good return for the rfl but its real cheap rent for the bulls

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实事求是!:



Why are the bulls getting special treatment because of ''iconic status''?

They aren't bloody iconic anymore are they? They're a lump of sh*t. I'm sick of the whole fiasco and would be glad to see the back of them.

Points deduction and relegation please.

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Quote: j.c "It might be a good return for the rfl but its real cheap rent for the bulls'"


Plus it's only a good return whilst the bulls can afford to pay it, which only lends itself to the conclusion that it's in the RFL interest to protect their investment and not penalise the bulls.

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Quote: Tricky2309 "Plus it's only a good return whilst the bulls can afford to pay it, which only lends itself to the conclusion that it's in the RFL interest to protect their investment and not penalise the bulls.'"


Hang on, this can't go both ways - either it's cheap rent for the bulls, meaning that it can be afforded to be paid even in the case of relegation (especially given the circumstances of much increased funding for the championship clubs) OR the rfl have an interest in keeping Bradford in the top division because it's not a good deal. It can't be both.

78k pa is easily payable even on championship funding (given they're looking at spending over 6x that on the salary cap) so, the question is how likely are we to see Bradford drop down 3 - 4 divisions, to a point where by the rent becomes extortionate enough for them to move out, in the ~15 years it would take to break even? Ceasing trading is the biggest threat to this, but the rfl never hid the fact they were a last case purchaser when they were in administration so it seems unlikely (there are safety nets in place rather) - so to drop down to a point whereby the price point is unreasonable takes fairly major drops in playing standard which in the time frame, is, whilst not impossible, highly improbably - after all, who was playing 4th division 15 years ago and is now in superleague? (It's easier to go up than down!)

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22/03/2013 Get LEIGH outta wigan:



Quote: Magic Superbeetle "Hang on, this can't go both ways - either it's cheap rent for the bulls, meaning that it can be afforded to be paid even in the case of relegation (especially given the circumstances of much increased funding for the championship clubs) OR the rfl have an interest in keeping Bradford in the top division because it's not a good deal. It can't be both.

78k pa is easily payable even on championship funding (given they're looking at spending over 6x that on the salary cap) so, the question is how likely are we to see Bradford drop down 3 - 4 divisions, to a point where by the rent becomes extortionate enough for them to move out, in the ~15 years it would take to break even? Ceasing trading is the biggest threat to this, but the rfl never hid the fact they were a last case purchaser when they were in administration so it seems unlikely (there are safety nets in place rather) - so to drop down to a point whereby the price point is unreasonable takes fairly major drops in playing standard which in the time frame, is, whilst not impossible, highly improbably - after all, who was playing 4th division 15 years ago and is now in superleague? (It's easier to go up than down!)'"


How can they drop 3 or 4 divisions?
Why do you think 78k is easily payable by championship clubs?.
Who was playing in a 4th division 15yrs ago and is now playing in SL?

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2013 was my last visit to Odsal if the RFL dont deduct points as they did to Wakefield. We are supposed to have a level playing field. I am not the only one making this decision.

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2013 was my last visit to Odsal if the RFL dont deduct points as they did to Wakefield. We are supposed to have a level playing field. I am not the only one making this decision.

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2013 was my last visit to Odsal if the RFL dont deduct points as they did to Wakefield. We are supposed to have a level playing field. I am not the only one making this decision.

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2013 was my last visit to Odsal if the RFL dont deduct points as they did to Wakefield. We are supposed to have a level playing field. I am not the only one making this decision.

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Quote: j.c "How can they drop 3 or 4 divisions?
'"


Kinda my point, the point where central funding becomes less than the quoted rent is the league below championship 1 - the secured rent can be taken from what Bradford are paid, rather than waiting on Bradford to pay.

Quote: j.c "
Why do you think 78k is easily payable by championship clubs?.
'"


The proposed funding for championship clubs are well above those numbers? If the rfl are paying them more than they expect, it's seems secure.

Quote: j.c "
Who was playing in a 4th division 15yrs ago and is now playing in SL?'"


Nobody I can think of, hence it seems unlikely for them to fall beyond a point where they don't have secured rfl income that's more than the rent hasn't happened in a long long while

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78k seems cheap.

I guess that's just based on the roi the RFL want on their lease investment, as they don't own the freehold.
Is it also intended to pay back interest on the prior loan to the RFL? or is that just taken as the value of the lease? (1.2M?)

For comparison, the last figure I heard for Belle Vue was 100k per year rental from the BOI (or whoever is acting on their behalf).

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