www.dailymail.co.uk/sport/rugbyl ... -Kahn.html All is good...well until nov!!

www.dailymail.co.uk/sport/rugbyl ... -Kahn.html All is good...well until nov!!

To be fair to Mr khan,when he took over he did say he was going to invest 2 million + into Bradford bulls and Odsal

The Bulls took a short term Loan from the council we are told......around 200k. Then the 200k of wages are late being settled...the owner rides in with 900k, of which, 400k is already accounted for.
The last 3 home games at Oddslum this year feature 2 teams that bring their fans on a skateboard....the overwhelming majority of fans at those games will be made up of your 6,500 ST holders so there will be little income at the gate.....that 500k will only go so far.

On the topic of half the SKY Money.....it's not like Bradford didn't know they were a half mil down this year.......but instead of cutting their cloth accordingly, they have spent more than they could and their owner had to REACTIVELY re-mortgage other investments to give them enough cash to see out the season.

This loan was a REACTION to failings at Bradford to generate enough cash to pay the wage bill...dress it up how you like, it's not a good look for the club or the sport.

Seriously, apart from the £200k loan from the council, the rest of your figures seem to be plucked straight out of the air.

Group hug.

Seriously. What on earth is going on at the Bulls? I thought they were OK? Is it all just rumour and media negative hype?

We have cut the cloth accordingly, we are spending no where near the cap. Look at the players we have lost, Kopczak, Jefferies, Burgess, Elima, Hargreaves, Whitehead, Crookes, Sibbitt, Ainscough, Pryce, Joseph. We do need a squad you know!

Omar took over a club that was literally days from folding. He has had to start from the bottom up. Maybe ticket sales and gate crowds weren't as high as had been hoped. Omar is plugging the gap the same way Ken Davy is at Huddersfield, David Hughes is at London and Abamovich is at Chelsea.

I agree probably not good for the sport with us in the headlines about not paying our players again, certainly won't aid the sport in getting a sponsor, but i think some people need to calm down, we're not on the verge of going bust again.

Your puerile verbiage just lost you the right to be taken even remotely seriously. Goodbye.

Out of the air eh....
The 200k wage bill was widely reported, rlhererl as was the 6,500 ST (rlhererl) holders and the 900k the owner has just raised from re-financing his assets rlhererl.
900k less the 200k council loan hererl

Nothing was plucked out of the air other than the business plan that has failed to deliver the expected revenues at Bradford and therefore required this 900k to be raised by the owner.

And what of the money OK has invested in the club prior to this amount? Have you taken that amount into consideration with your rant? I don't believe you have. Just so you know, that figure is close to £800k.

Also, that loan, like all loans won't be paid off in a single lump sum. It'll be paid of in installments.

The money is there to plug funding gaps, such as the ones you've pointed out like London and Catalan fans could turn up in a minibus and still stop to pick up a hitchhiker on the way. But the club has also put things in place to try and encourage more people to attend those games, such as an offer on groupon for cheap tickets for both games as well as offering friend for £5 for the Catalan game.

But as you point out the Sky money is about £600k light. But the investment, so far, is over £1.7 million excluding outside loans.

As much as you and others might wish for a further financial crisis at Bradford, it doesn't look like it's coming any time soon.

David Hughes puts that into the Broncos each year!!

Edited for accuracy. Incredibly (I know this is hard to believe) Bradford Bulls weren't the first club to go bust and they aren't going to be the last. People can patronise and talk about how well their club it run but irrespective of who you support your club probably has gone bust before and probably will do again at some point.