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| Quote ="Sadfish"seems crazy situation "we need a buyer, someone to invest in the club, superleague, the game..... oh hi, thanks, here's the key new owner. Oh by the way we're relegating you out if sl."
New owners.. "er forget it "'"
Similar problem outside SL 'we need investment to move forward, no problem, when I invest and we win the comp then we get promoted?........well err No.....well forget the investment'
It's a right mess isn't it.
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| Quote ="Him".
Like AS, I'm also a little concerned as to why players haven't been sold and weren't sold pre-admin too. 300k for Bateman? That's a decent chunk of debt gone, or a decent chunk of next months wage bill paid.
'"
Why would anyone pay £300k for Bateman when he could well be a free agent next month?
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| Quote ="Sadfish"seems crazy situation "we need a buyer, someone to invest in the club, superleague, the game..... oh hi, thanks, here's the key new owner. Oh by the way we're relegating you out if sl."
New owners.. "er forget it "'" And what would be wrong with that?Don't forget that the Championship is an exciting and vibrant competition,worth winning in it's own right.The new Bulls ought to relish participating in it.
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| Quote ="Sadfish"seems crazy situation "we need a buyer, someone to invest in the club, superleague, the game..... oh hi, thanks, here's the key new owner. Oh by the way we're relegating you out if sl."
New owners.. "er forget it "'"
Or we could encourage the new owner by saying that the club will be in SL.
Just like happened with Leighton Samuels.
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| Quote ="Wildthing"I would be very interested to know which clubs voted to keep Bradford in, and which didn't!'"
Nobody VOTED. The RFL board (who ultimately make the decision on whether Bradford stay or not) have spoken to the other clubs about it and received comments both in favour of Bradford (whether it be out of administration or NewCo) being in SL and against.
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| Unless the RFL state to these investors that the Bulls will be in SL until their license runs out then they WILL NOT invest!
Simples.
If the RFL give this guarantee then they will (in my opinion) have belittled their franchise system and brought emmbarassment on the game (again).
if they choose to put Bradford in the Championship then our competition (being a Fax fan) my well be seen as a better place to invest money than it is now, and this could help the game as a whole below SL.
remember though this is only my opinion (so as to not anger the rather touchy Roofaldo and his Bulls cronies)
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| Quote ="Sadfish"seems crazy situation "we need a buyer, someone to invest in the club, superleague, the game..... oh hi, thanks, here's the key new owner. Oh by the way we're relegating you out if sl."
New owners.. "er forget it "'"
There is a parrallel here with Rangers FC and due to their standing within the game and thier support base etc, the new consortium were happy to take on the business and work their way back into the top flight.
The only difference here is that in RL there is no automatic path into SL.
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| Quote ="SIMMSFAXTEDDY"Unless the RFL state to these investors that the Bulls will be in SL until their license runs out then they WILL NOT invest!
Simples.
If the RFL give this guarantee then they will (in my opinion) have belittled their franchise system and brought emmbarassment on the game (again).
if they choose to put Bradford in the Championship then our competition (being a Fax fan) my well be seen as a better place to invest money than it is now, and this could help the game as a whole below SL.
remember though this is only my opinion (so as to not anger the rather touchy Roofaldo and his Bulls cronies)'"
When you haven't flown off on a paranoid rant, you can make decent posts!
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| Quote ="mikej"Nobody VOTED. The RFL board (who ultimately make the decision on whether Bradford stay or not) have spoken to the other clubs about it and received comments both in favour of Bradford (whether it be out of administration or NewCo) being in SL and against.'"
Semantics. I would be interested to know who were in favour and who weren't then.
That better?
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| Quote ="Roofaldo"And you've dropped straight into that little "All the tickets were £60" argument. £60 was the basic ground entry for the first year. The price went up for this year to I believe £85. But why let facts get in the way of your blindness. There were family tickets and tickets for the seating areas that were of higher value as well. But still, it was an idea to get people back into the ground, back watching the team because Bradford's crowds had been on the slide. It was a gamble that has seen the Bulls get bigger crowds back into Odsal. On that stance, the cheap season tickets have been a success.'" Oh well done on the new price this year that equates to 5194 fans through the door still way short of the current thinking of 10,000 to break even.
But at least it has gone from a very,very,very,very bad idea to just a very,very,very bad idea.
I'm pretty sure that most clubs could easily hit 10k passes if they charge £1 per pass.
I guess you think that is a good idea as well.
Quote ="Roofaldo"The club has a history of success, the board knew that cheap season tickets alone wouldn't keep the returning fans coming back. A return to the successes of the recent past were needed. As such, the club were allowed under the salary cap rules to spend what they spent. They broke no rules in doing that. The budgets the club had were clearly set on reaching the play-offs and getting a cut from the prize money that generates. Failure to do so for the last 3 years has hurt the club financially and are likely a big part in being where we are now.'" So you admit now that you spent more than you should have on players wages then?
Like I said if that is the case stop bleating about how out of order the previous board is as you have enjoyed watching a quality of RL that you couldn't afford.
Quote ="Roofaldo"As for why the administrator hasn't sold off any players; that's probably because, at the moment, he doesn't need to.'" Really I just was just dreaming that you have a deadline of later this month for liquidation then was I?
If you want to believe that selling your assets won't at least extend that deadline then feel free but those of us who are not blinded by our red,amber and black specs can see that selling them will infact do exactly that.
Quote ="Roofaldo"As for that report on the BBC site. There's a direct quote on there that states it's the RFL's decision if Bradford stay in SL or not.'" Where have I said otherwise?
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| Quote ="Anakin Skywalker"Bradford were spending money they did not have so I have to ask were you all this upset when you were cheering on the players you could not afford that won you games that you should have lost if you had been spending by your means?'"
Which players were the ones they couldn't afford? How could they overspend on players with the cap in place? How would the fans have known even if this were true (and there is zero hard evidence)?
Sorry, but this is a totally unreasonable statement.
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| Quote ="Roofaldo"As for that report on the BBC site. There's a direct quote on there that states it's the RFL's decision if Bradford stay in SL or not.'"
The key word being 'stay'.
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| Quote ="Anakin Skywalker"Oh well done on the new price this year that equates to 5194 fans through the door still way short of the current thinking of 10,000 to break even.
But at least it has gone from a very,very,very,very bad idea to just a very,very,very bad idea.
I'm pretty sure that most clubs could easily hit 10k passes if they charge £1 per pass.
I guess you think that is a good idea as well. '"
Err, no, that would be immensely foolish. My point was that Bradford took a gamble to try and reverse their falling crowds. It worked. Was it financially sensible? Possibly not. However, I notice that you STILL are basing all your math on only selling ground entry tickets and ignoring the more expensive seating tickets
Quote ="Anakin Skywalker"
So you admit now that you spent more than you should have on players wages then?
Like I said if that is the case stop bleating about how out of order the previous board is as you have enjoyed watching a quality of RL that you couldn't afford.'"
You say, couldn't afford, but it's only NOW become a problem. There's been no reports of players not being paid before this current crisis. So in terms of having the money to pay the players then no, Bradford haven't over spent. However that money was finite and if the previous board had budgeted better the club might not have been in this position.
Quote ="Anakin Skywalker"
Really I just was just dreaming that you have a deadline of later this month for liquidation then was I?
If you want to believe that selling your assets won't at least extend that deadline then feel free but those of us who are not blinded by our red,amber and black specs can see that selling them will infact do exactly that.'"
Yes, there's a deadline for liquidation. But there's prospective buyers on the horizon as well as enough money in the club to cover current funding requirements. So there is currently not a need to sell off our players. Should the potential buyers drop out then this situation may change.
Quote ="Anakin Skywalker"
Where have I said otherwise?'"
You haven't. That was in response to someone else.
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| Quote ="Kosh"Which players were the ones they couldn't afford? How could they overspend on players with the cap in place? How would the fans have known even if this were true (and there is zero hard evidence)?
'"
You're really not that stupid that you don't understand basic economics are you?
in your own words
Quote ="Kosh"
Sorry, but this is a totally unreasonable statement.'"
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| Quote ="Kosh"Which players were the ones they couldn't afford? How could they overspend on players with the cap in place? How would the fans have known even if this were true (and there is zero hard evidence)?
Sorry, but this is a totally unreasonable statement.'" As a group its pretty easy to say 'we will only spend X' and budget your squad to that level.
If they spent far more than their income levels then its pretty obvious how they overspent.
Anyway haven't you been one of the folks banging on about the 50-50 cap limit?
Bradford fans enjoyed a far better squad that they could afford otherwise they wouldn't be in this mess.
So they are now only paying for it after the event.
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| Quote ="Anakin Skywalker"As a group its pretty easy to say 'we will only spend X' and budget your squad to that level.
If they spent far more than their income levels then its pretty obvious how they overspent.
Anyway haven't you been one of the folks banging on about the 50-50 cap limit?
Bradford fans enjoyed a far better squad that they could afford otherwise they wouldn't be in this mess.
So they are now only paying for it after the event.'"
Thats a fairly simplistic outlook, isnt it possible, if not probable, that had Bradford built a vastly inferior but vastly cheaper squad, then the attendances and associated revenue streams would be lower.
We dont know whether or not the additional spending players meant they brought in more money and covered that additional spending.
Theres a pretty strong possibility that Bradford could have brought in an extra £1m revenue by spending an extra £750k in wages. Certainly when you factor in cup games and playoffs etc.
Bradford were mismanaged, this much we know. What we dont know is if that can be put down to overspending on players.
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| Quote ="Roofaldo"Err, no, that would be immensely foolish.'" Yes it would be foolish as it would be creating a false market for season passes, Much as you did when you sold them dirt cheap when you could ill afford it. Quote ="Roofaldo" My point was that Bradford took a gamble to try and reverse their falling crowds. It worked.'" So you think it was a good idea to pretty much give away season passes even though it would kill you financially?, Oh wait no you don't as it would be foolish as you stated above so I think you need to have another think about the whole season pass issue. Quote ="Roofaldo"Was it financially sensible? Possibly not.'" There is no possibly about it as your financial issues prove. Quote ="Roofaldo"However, I notice that you STILL are basing all your math on only selling ground entry tickets and ignoring the more expensive seating tickets'" No I am basing my math on the fact that the levels you set your passes at where not in anyway a good idea as they have now blown up in you faces.
Quote ="Roofaldo"You say, couldn't afford, but it's only NOW become a problem. There's been no reports of players not being paid before this current crisis.'" Its called cause and effect for a reason. Quote ="Roofaldo"So in terms of having the money to pay the players then no, Bradford haven't over spent.'" Yes they have or they wouldn't be in this mess. Quote ="Roofaldo"However that money was finite and if the previous board had budgeted better the club might not have been in this position.'" So they did over spend then?
Make your mind up.
Quote ="Roofaldo"Yes, there's a deadline for liquidation. But there's prospective buyers on the horizon as well as enough money in the club to cover current funding requirements. So there is currently not a need to sell off our players.'" Until the 27th when you go under of course.
If the worst does come to worst (I actually hope it doesn't believe it or not) then you may actually think 'damn that was another mistake there' by which point it will be to late and all those players you were desperate to keep will walk away for nothing, Hardly the smartest plan. Quote ="Roofaldo"Should the potential buyers drop out then this situation may change.'" By which point it will probably be too late and other clubs will wait for you go and pick em up for free.
Quote ="Roofaldo"You haven't. That was in response to someone else.'" Fair enough.
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| Quote ="SmokeyTA"Thats a fairly simplistic outlook, isnt it possible, if not probable, that had Bradford built a vastly inferior but vastly cheaper squad, then the attendances and associated revenue streams would be lower.
We dont know whether or not the additional spending players meant they brought in more money and covered that additional spending.
Theres a pretty strong possibility that Bradford could have brought in an extra £1m revenue by spending an extra £750k in wages. Certainly when you factor in cup games and playoffs etc.
Bradford were mismanaged, this much we know. What we dont know is if that can be put down to overspending on players.'" I disagree.
When facing the now apparent black hole that Bradford were then the first thing I would have looked at was my outgoings, The playing staff would be pretty high up on that list.
Let us not forget that Bradford were selling for basement prices on the whole so I doubt there would have been much of a difference in sales.
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| Quote ="SmokeyTA"Thats a fairly simplistic outlook, isnt it possible, if not probable, that had Bradford built a vastly inferior but vastly cheaper squad, then the attendances and associated revenue streams would be lower.
We dont know whether or not the additional spending players meant they brought in more money and covered that additional spending.
Theres a pretty strong possibility that Bradford could have brought in an extra £1m revenue by spending an extra £750k in wages. Certainly when you factor in cup games and playoffs etc.
Bradford were mismanaged, this much we know. What we dont know is if that can be put down to overspending on players.'"
So you also believe in the concept of sports clubs gambling money they dont have to attempt to break even in the future?
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| Quote ="Starbug"So you also believe in the concept of sports clubs gambling money they dont have to attempt to break even in the future?
'" No.
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| Quote ="SmokeyTA"No.'"
Your above post tells us otherwise
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| Quote ="Anakin Skywalker"I disagree.
When facing the now apparent black hole that Bradford were then the first thing I would have looked at was my outgoings, The playing staff would be pretty high up on that list.
Let us not forget that Bradford were selling for basement prices on the whole so I doubt there would have been much of a difference in sales.'"
The thing is, you're basing a lot of your argument on player spend. Upkeep for Odsal is one of the main drains on Bradford's finances. I believe either earlier this year or it might have been last year that one of the toilets broke and there was a really large cost involved in fixing it.
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| Quote ="Starbug"Your above post tells us otherwise'"
No it doesnt.
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| Quote ="Roofaldo"The thing is, you're basing a lot of your argument on player spend. Upkeep for Odsal is one of the main drains on Bradford's finances. I believe either earlier this year or it might have been last year that one of the toilets broke and there was a really large cost involved in fixing it.'"
So you are suggesting Bradford are unsustainable as a pro RL club at Odsal?
If they are unable to operate in SL at Odsal, it is highly unlikely they would last long in the Championship on 2,000-3,000 attendances
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| Quote ="Starbug"So you are suggesting Bradford are unsustainable as a pro RL club at Odsal?
If they are unable to operate in SL at Odsal, it is highly unlikely they would last long in the Championship on 2,000-3,000 attendances'"
In the long term? Yes. Odsal is not a sustainable ground. Which is why there's been tons of attempts to get it redeveloped over the years. This is hardly some massive revelation. I know you want it to be because you'll be able to fit it into some other RFL conspiracy fantasy, but it's an old ground that needs work. Anyone who's been there can tell you that.
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