I'm not sure where this figure of £3mil has come from but Bradford were bringing in £4.5m and were losing money. Clubs need far higher revenue than £3m. Which is why the 50% of income salary cap rule was scrapped.

I really can't see why you can't sustain a team on 3mill with a 1.6mill salary cap unless your paying a significant rental on your stadium. If Bradford were spending 2.9mill on things after salary cap then I'd love to know what?

I think you're drastically underestimating how much it costs to run a decent club. I don't think £3m is anywhere near enough for a SL club. I think it needs to be around £6m.
You mean like executives, staff, groundskeepers, coaching staff, analysts, stewarding, security staff, community work, stadium costs to name just a few.
Leeds' wage costs were £4.9m in the last set of accounts.
£3m of income is nowhere near enough.

If you ran a club with just one team, you wouldn't have an SL licence. - there's a lot more to Super League club than just the first team squad

London have an average attendance of 2,900
(IL stated these were worth about a tenner in ticket revenue each, with Residual sales are normally another tenner per fan per game.)
David Hughes ploughs in 1.5 million
SKY TV money is about 1.2 mill IIRC

There's about 3.5 million in income.....the club breaks even as it is, because DH writes off his debt. 3.5 should be enough, but I reckon 4.5 would be the ideal turnover for a medium size club.

Can we get back on topic please. If you want to discuss financing and sl structure please use one of the many other threads regarding these

OK

- RFL lets Bradford go to the wall: RFL slammed for doing nothing to help traditional clubs, while bending over backwards to unfairly help London/Crusaders/OtherTeamIDon'tLike

- RFL does something to keep Bradford going to the end of the season and get time for proper new ownership bids" RFL slammed for bending over backwards to help out 'favourite' club Bradford, but wouldn't do the same for Cas/Wakey/OtherClubILike


The fickleness of rugby league fans, hey?

This only becomes an issue if the Bulls are still owned by Super League Europe for any considerable time after season's end. Hopefully, they will have found an independent party to purchase them by that point, presumably with the understanding that they will be playing Championship rugby.

Having turned down the ABC offer because they asked for a guarantee that they would be in SL next year, the SL clubs are now buying the assets of the Bulls themselves.

Unless they are paying at least what the ABC offer was then, should they decide to grant the Bulls a SL place next year and then sell the club to new owners, they stand the risk of being accused of prejudicing the creditors of the old Bulls company to benefit themselves.

Risky business this insolvency lark.....

We are The Borg. Resistance is futile

Cannot happen , the decision has already been made , they will be visiting the LSV next year

He's half right - the only way Bradford will be playing SL next year is if a new owner (not SLE) is prepared to do address the old debts, as the RFL has made clear.