FORUMS > The Virtual Terrace > Nigel Wood and the Bulls |
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| Quote: Starbug "Too much isnt spending what you dont have, too much doesnt neccessarily produce a debt, too much doesnt neccessarily put you in Bradfords dilema
Spending what you dont have does , quite simple even for you, not that you dont understand, you just wont admit it'"
Bloody hell this whole hissy fit was because I phrased 'Bradford spent what the didn't have' as 'Bradford spent too much'. Ha
Fine, I have no issue with phrasing it as 'Bradford spent what they didn't have' it's the same thing. It wouldn't too much if they had it would it numbnuts.
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Club Owner | 33944 | No Team Selected |
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Mar 2004 | 21 years | |
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| Quote: SmokeyTA "
Bradford have shown previously that they can operate with a full sc, with a championship winning squad, they did that with higher revenues.'"
What incredible insight, how did we all miss it
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Mar 2004 | 21 years | |
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| Quote: SmokeyTA "Bloody hell this whole hissy fit was because I phrased 'Bradford spent what the didn't have' as 'Bradford spent too much'. Ha
Fine, I have no issue with phrasing it as 'Bradford spent what they didn't have' it's the same thing. It wouldn't too much if they had it would it numbnuts.'"
I can go to the pub and spend too much ( for a trip to the pub ) , I cannot go to the pub and spend what I DONT HAVE
NUMBNUTS
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Player Coach | 1200 | |
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Mar 2009 | 16 years | |
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| Quote: Starbug "I can go to the pub and spend too much ( for a trip to the pub ) , I cannot go to the pub and spend what I DONT HAVE
NUMBNUTS'"
unless you've got a mate who'll buy the lease to your house!
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Rank | Posts | Team |
Player Coach | 22777 | |
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May 2006 | 19 years | |
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| Quote: Starbug "I can go to the pub and spend too much ( for a trip to the pub ) , I cannot go to the pub and spend what I DONT HAVE
NUMBNUTS'"
If you were talking about the trip to the pub that sent you bankrupt. I would think it pretty obvious that spending too much, was also spending what you don't have.
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Mar 2004 | 21 years | |
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| Quote: Traffic "unless you've got a mate who'll buy the lease to your house!'"
I dont have mates that stupid
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Club Owner | 20966 | No Team Selected |
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Aug 2003 | 21 years | |
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| Quote: Traffic "unless you've got a mate who'll buy the lease to your house!'"
Genius sir.....sheer genius!
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Mar 2004 | 21 years | |
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| Quote: Traffic "unless you've got a mate who'll buy the lease to your house!'"
As I said, I dont have mates that stupid, whereas Bradford do have, which brings us nicely back to the OP
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Aug 2003 | 21 years | |
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| Quote: Starbug "As I said, I dont have mates that stupid, whereas Bradford do have, which brings us nicely back to the OP'"
.....indeed
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Player Coach | 5214 | No Team Selected |
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Aug 2006 | 18 years | |
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| Quote: SmokeyTA "bradford wouldn't have been able to do this, there are lower limits to what they can spend on wages. And I think it is overly optimistic to think Bradford's attendance would have held up to a decent amount at all had they thrown away a year.
Also I would question how fair it was on those kids to see them getting 60points minimum put on them every week.
I just think it is pretty naive to look at a club like Bradford and see that all it's problems are solved by cutting wages. It's not always the solution, and can be entirely counter productive. The long term answer at Bradford is to increase revenues, and whilst there may be some fat to trim, it isn't guaranteed that the place that is needed is the playing squad.
Bradford have shown previously that they can operate with a full sc, with a championship winning squad, they did that with higher revenues.'"
There is no such thing as "lower limit on what can be spent on wages" - do you think bradford are spending least on the salary cap?
I think every team has a core supporter base - those who would turn out regardless of what's going on on or off the pitch - I find it hard to imagine bradford will get anyone other than the people who fall into that category at the moment. And when you consider the attendances of London hold up at around 1000 for whippings every week - and London as well discussed here isn't the hotbed of rl like Bradford is - it doesn't seem out of sight an assumption.
Whether it's fair on the kids or not is another story, it could make their careers, it could break them. But that's another argument for other day.
I'm not saying the only thing they could do is cut the wage. But it needed to be done in this case. It needed to be done as soon as you needed to raise 500k by begging buckets - that source of revenue was clearly unsustainable, yet adjustments weren't made during the time bought by said begging buckets. Ultimately to raise revenue, the club needs assets, and it's a far harder task, especially whilst trying to cover said deficit.
Have they shown that? They've shown it's easy to cover poor financial plans with success, but the second your finances need success to continue, you are onto a road doomed to fail
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Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
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Mar 2004 | 21 years | |
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Mar 2016 | Mar 2016 | LINK |
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| Quote: SmokeyTA "If you were talking about the trip to the pub that sent you bankrupt. I would think it pretty obvious that spending too much, was also spending what you don't have.'"
If you are stupid enough to take all your money to the pub then that is your fault, nobody elses, especially if you then borrow some more that you have no way of paying back
Anyway Einstien as you have told us the answer to Bradfords problem ( Earn more, why nobody else thought of that I cant imagine ) , they'll be fine
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Rank | Posts | Team |
Club Owner | 20966 | No Team Selected |
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Aug 2003 | 21 years | |
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| So, given that we have agreed that Bradford were down the Pub getting hammered but ran out of money, so got their mate Nigel to buy the lease on their house so as to provide them with funds to stay sizzled.....here's the original Post!
Quote: Cripesginger "As we have yet another shambles at the Bulls (hurting staff and supporters)time has come for Wood and the RFL board to face up. In just a couple of years the RFL needlessly bought the Odsal lease for a 7 figure fee presumably checking that their tenant is good for the rent! / offered Hood et al a huge 'loan' and then withdrew it / approved the Khan takeover / In May gave Khan and Bulls the financial all clear / approved the latest group of directors three months ago.
These are all decisions made by the RFL board. Lets see if any of them do the decnt thing.'"
Seconds Away.....round 2!
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Rank | Posts | Team |
Player Coach | 22777 | |
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May 2006 | 19 years | |
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Jun 2020 | Feb 2018 | LINK |
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| Quote: Magic Superbeetle "There is no such thing as "lower limit on what can be spent on wages" - do you think bradford are spending least on the salary cap?
I think every team has a core supporter base - those who would turn out regardless of what's going on on or off the pitch - I find it hard to imagine bradford will get anyone other than the people who fall into that category at the moment. And when you consider the attendances of London hold up at around 1000 for whippings every week - and London as well discussed here isn't the hotbed of rl like Bradford is - it doesn't seem out of sight an assumption.
Whether it's fair on the kids or not is another story, it could make their careers, it could break them. But that's another argument for other day.
I'm not saying the only thing they could do is cut the wage. But it needed to be done in this case. It needed to be done as soon as you needed to raise 500k by begging buckets - that source of revenue was clearly unsustainable, yet adjustments weren't made during the time bought by said begging buckets. Ultimately to raise revenue, the club needs assets, and it's a far harder task, especially whilst trying to cover said deficit.
Have they shown that? They've shown it's easy to cover poor financial plans with success, but the second your finances need success to continue, you are onto a road doomed to fail'"
There is in terms of make up of your squad, you need to have a certain amount of professionals and there is a certain amount you need to pay a professional player. I think it works out at about £650k plus tax and NI.
You also need to remember that the begging buckets and admin came mid-season, players have contracts they can't just be cancelled.
There is, obviously an argument over how much Bradford should spend on wages, but there is a tipping point where revenue falls by more than you are saving in wages (don't forget it's not only fans who,would be reluctant to go watch a team getting smashed, but sponsors wouldn't want to be associated either and corporates wouldn't take clients either).
I think to say the they covered poor financials with success isn't necessarily true, who was running the bulls in to admin, wasn't who was taking them to glory. If who wasn't running them wasn't the same, there is no reason to think who they were run was the same,
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Rank | Posts | Team |
Player Coach | 2415 | |
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Sep 2006 | 18 years | |
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| I'd get Mr Bug a pint but get smokey to pay!
Maybe Mr Wood could help Bradford with some of the club saving techniques he perfected at Halifax. Start with a catchy new name. I see it now "Bradford Slightly Soiled Jockstraps". Winner
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Rank | Posts | Team |
Club Owner | 20966 | No Team Selected |
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Aug 2003 | 21 years | |
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Jun 2015 | Feb 2015 | LINK |
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| Quote: SmokeyTA "
I think to say the they covered poor financials with success isn't necessarily true, who was running the bulls in to admin, wasn't who was taking them to glory. If who wasn't running them wasn't the same, there is no reason to think who they were run was the same,'"
I Popped the above into the google translator and even it was mystified as to what the you are on about
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