What you've described there is a situation where Bradford, rather than cut their cloth to suit their circumstances, held a gun to their own heads and went to the RFL threatening to blow their brains out unless they got some cash. Hopefully the actual situation was not so blatantly manipulative.

The thing making it difficult for the council from selling the freehold previously held by the bulls. If some got control of bulls it's not difficult to get out of lease and avoid the repayment to council. Simply pit club into administrTion and reform as a new company, voiding lease and repayment agreement.
Under new lease agreement that scenario doesn't work as even if bulls ceased to exist RFL would retain lease.

New evidence has come to light:

[urlhttp://viewtopic.php?f=31&t=517561[/url

Plenty more material in this game for a man of your talents!

I think it's more a question of a wandering mind. I'm currently researching the enthralling subject of barcode verifiers and a little light entertainment was in order



The moment I read the first article on the Bulls deal I kept picturing John Cleese outfitted as a highwayman astride a large horse and dragging a huge bag marked "swag" to the idle strains of "Dennis Moore, Dennis Moore....."



I'm sure our younger posters won't have a clue what I'm talking about so checkout "Monty Python-Dennis Moore" on that there tube thingamybob and you will be enlightened.

The NRL - 'This is our house' campaign is how you do a RL advert. Brilliant, just brilliant. Almost better than watching an actual game.

I liked it best when, 80% of the way through, you get the first glimpse of Rugby League being played instead of Jon Bon Jovi in his crucifix pose.

So, have I got this?

Bradford Bulls are being hunted by a potential buyer who doesn't have the clubs interests at heart as it is public knowledge that they have a HMRC bill to pay.
Part of BBRLC's assets is the ground lease.
If BBRLC went bust, the ground lease would become meaningless and worthless.
BBRLC could then move to VP with no historical debts.
Predator that owns the Bulls can watch them go to the wall whilst making bids to buy Odsals land from the council.

Luckily...

RFL step in and buy the lease from BBRLC
This means the predator has less reason to buy the club
The Bulls future - not just at Odsal, but anywhere - is more secure as it has one less asset to get stripped

As....

The RFL is unlikely to sell the lease to anyone that damages it's own interests.




Do I understand it now?

Or, in summary, the RFL bails out Bradford Bulls. Yep, I think you've got it.

Despite what Adeybull has tried to dismiss, there is only 2 conclusions

1 bailout

2 Bulls blag cash from RFL

The false dichotomy, a classic Starbug moan against RFL tactic, i bet next we get 'deliberate confusion'

Just simplifying things, as I first stated , when this was reported, if it was protection due to the image rights putting the Bulls in jeapody ? , no issue, if it was the RFL taking advantage to purchase a potential future asset at a bargain price ? , no issue

If it is the bulls in financial problems due to bad management or just living beyond their means, or even them fooling somebody ( RFL ) into giving them some cash because of the above , then no, that isn't on,

it isnt simplifying things at all, it is just your attempt to create an either or situation where none exists in an attempt to pretend there are no other possibilities which go against your pre-existing bias.

Just me and the majority of the RL fan base then, if you read through the various threads on various clubs boards? , either way not my problem , it doesnt affect my club, others possibly do have issues understandably

Aligning yourself with the majority of RLfans when ranting against the RFL wouldnt be a plus point for your argument.

I dont recall any ' rant ' , you're seeing things that aren't there,

There are a fair few rants on numerous boards, not least this thread

My company does a fair few deals like this: Buying a companies assetts, and then selling them back to that company as a service. Whilst we do it with IT, the RFL have done it with property.
It's never called a bailout, or deemed that we have scammed the company, or that they have scammed us.

I didn't. What I did, was fail to add a question mark at the end of my sentence. This is because I type up comments far too quickly and rarely proof read them, except for the most cursory glances on the long ones.

I was asking the question, of the poster I replied to, is this all it amounts to in his/her opinion, but clearly fecked up.

I apologise for the hurt, angst and distress caused to you and your fellow Bradford Northern RFL Bulls fans.

I believe the etiquette, in modern parlance, is 'my bad'

My bad

You really believe that too, don't you?

Whilst your individual posts may not constitute what you consider to be a rant, the very tone of all your posts is most certainly that of a demogogue.

Stop holding facts up, they'll only get ignored.

So because people do business deals that aren't ' bail outs ' or ' scams ' , this cannot be either of those ?

Either the bulls needed the money, or they didn't?

You really are one obsessed individual!

Out of interest, would you describe any individual who borrows money against his property as having been bailed out? Or any individual who has retired and no kids who does an equity release deal with his house as having been bailed out?

Just because someone chooses to realise a capital sum against a property asset does not mean it is a bailout.

The whole problem is that if you refuse to accept the RFL saw this as a big opportunity on its own account, then you end up concluding it had to have been a bailout. Which means you choose to believe that the RFL press release was a lie. The thing is, some people will choose to believe what they want to believe. I choose to believe that this deal saved the Bulls from the clutches of a Steve Parkin and gave the RFL a large legacy strategic site for the future for almost certainly far less than any comparable option.

Why would they be bothered about Steve Parkin ( whoever he is ) if they are not in any financial trouble, I assume he is the ' predator ' ?

Adeybull, I don't know much about this Parkin fella but I don't see how the RFL buying the Odsal lease stops him from carrying out his plans. It makes it more difficult for him, granted, but doesn't actually prevent him if he is intent on doing it.

What is stopping him buying the Bulls and still moving them to Valley Parade ? If he did then the RFL would be left with a hole in the ground with no tenant and would most likely surrender the lease anyway. Same outcome for Parkin, just a little bit more difficult than the direct route.

I suspect you'd say that the capital from the sale makes the Bulls more financially secure, but on the flip side if shareholders wanted to sell then now would be the best time to realise best value from their shares.

Or am I missing something ?