| FORUMS > The Virtual Terrace > bradford bulls problems |
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"Don't believe everything you read on the internet" ― Abraham Lincoln [/size:112mouem][/color:112mouem][/b:112mouem]:13050.gif |
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| Quote: wrencat1873 "Obviously he cant work for nothing and he will make sure that whatever happens, there will be monies available to pay his fees.
If a buyer isn't found and the business is liquidated, then everything would be sold ie players and any other assetts so there is no doubt that they the administrator will be paid.'"
No one in their right mind would buy a player from Bradford at the moment and to be honest even the players would be better waiting to get a bigger signing on fee. |
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Mummy duck is now thoroughly depressed. SHE was the one that was famous for losing five in a row........until the 2011 GF!!!!!: |
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| Quote: wrencat1873 "Maybe so but, if there is only one deal on the table, then they will automatically be getting the best deal for the creditors, regardless of how good the offer may seem.'"
Except the creditors will need to be convinced that the best solution is for ABC to trade the club out of difficulties. I have seen administration rejected by creditors because quite simply, they want their money NOW |
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| Quote: mikej "Except the creditors will need to be convinced that the best solution is for ABC to trade the club out of difficulties. I have seen administration rejected by creditors because quite simply, they want their money NOW'"
Thats not going to happen here.
IIRC itb was HMRC that issued the winding up order and they have agreed the extension and there is no point in any other creditors tring to wind them up. |
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Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total:d7dc4b20b2c2dd7b76ac6eac29d5604e_973.gif |
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When is an offer in fact not any offer at all?
Answer: when it's the "offer" for the Bradford Bulls.
"a spokesman for joint administrator Brendan Guilfoyle, of The P&A Partnership, said the offer from ABC was only an “indicative bid” and a “starting point for discussion” rather than a formal offer."
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[quote="dally messenger":1gysl9ow]was watching an nfl doco. on one of their teams and they used the term bomb to describe those long high passes from quaterback to running back and i think gibson took that idea, realized you cant throw the ball forward in RL and adapted it to a "bomb" kick we have[/quote:1gysl9ow]
[quote="eels fan":1gysl9ow]You poor poor obsessed fat ex vichyballin potato thieving stoaway.[/quote:1gysl9ow]:d7dc4b20b2c2dd7b76ac6eac29d5604e_6679.png |
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| Quote: Ferocious Aardvark "When is an offer in fact not any offer at all?
Answer
27th of July is a few days away.......or will there be yet another extansion on an extension with a bucket collection as well 
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| Quote: wrencat1873 "If a buyer isn't found and the business is liquidated, then everything would be sold ie players and any other assetts so there is no doubt that they the administrator will be paid.'"
If there's no money to pay the players then surely they become free agents? Otherwise they could be sat there twiddling their thumbs and not getting paid because nobody wants to pay a fee for AN Other. |
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[img:32iwt8q2]http://img.photobucket.com/albums/v623/fullyitfc/cas-4-1.jpg[/img:32iwt8q2]:d7dc4b20b2c2dd7b76ac6eac29d5604e_12205.png |
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| Quote: McClennan "If there's no money to pay the players then surely they become free agents? Otherwise they could be sat there twiddling their thumbs and not getting paid because nobody wants to pay a fee for AN Other.'"
If the club is liquidated the players do become free agents. |
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When you're a Bradford fan there's always a light at the end of the tunnel.
Unfortunately it's usually an oncoming train:d7dc4b20b2c2dd7b76ac6eac29d5604e_7741.jpg |
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| Quote: gutterfax "27th of July is a few days away.......or will there be yet another extansion on an extension with a bucket collection as well ![]()
If there's genuine interest from buyers then yes, an extension may be granted by the administrator because it's his job to actually SELL the club so if he liquidated the club while there's buyers in the wings he's not doing his job properly.
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onetiger = half a cabbage
The night is dark and full of terrors.
Winter is coming.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17219.jpg |
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| Quote: Roofaldo "If there's genuine interest from buyers then yes, an extension may be granted by the administrator because it's his job to actually SELL the club so if he liquidated the club while there's buyers in the wings he's not doing his job properly.'"
If thats the case who will pay the players in the meantime roofaldo? |
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7741_1339451243.jpg
When you're a Bradford fan there's always a light at the end of the tunnel.
Unfortunately it's usually an oncoming train:d7dc4b20b2c2dd7b76ac6eac29d5604e_7741.jpg |
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| Quote: El Rey "If thats the case who will pay the players in the meantime roofaldo?'"
The administrator. That's part of their role. It's not hard to look these things up. If you haven't the brain to do that, please don't try and troll. I feel bad having a battle of wits with an unarmed opponent. |
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It's Official - "Homer Simpson is a Leeds Fan":d7dc4b20b2c2dd7b76ac6eac29d5604e_41073.jpg |
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So when are they going to get a points deduction
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17219_1385659818.jpg
onetiger = half a cabbage
The night is dark and full of terrors.
Winter is coming.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17219.jpg |
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| Quote: Roofaldo "The administrator. That's part of their role. It's not hard to look these things up. If you haven't the brain to do that, please don't try and troll. I feel bad having a battle of wits with an unarmed opponent.'"
I just asked you a question, nothing more.
No need to insult people. |
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simpsons/simp006.gif
:simpsons/simp006.gif |
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| Quote: Homer Simpson "So when are they going to get a points deduction'"
I dont think a points deduction can be given until the new owner is sorted out (or not)
If a buyer is not found there may not be a club to deduct points from. |
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| Rank | Posts | Team |
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simpsons/simp006.gif
:simpsons/simp006.gif |
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| Quote: Roofaldo "The administrator. That's part of their role. It's not hard to look these things up. If you haven't the brain to do that, please don't try and troll. I feel bad having a battle of wits with an unarmed opponent.'"
The administrator would still need the business to generate sufficient funds to be able to pay the players and cover his own costs.
If things get any tighter they would be forced to sell some of the players. |
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6679_1399761959.png
[quote="dally messenger":1gysl9ow]was watching an nfl doco. on one of their teams and they used the term bomb to describe those long high passes from quaterback to running back and i think gibson took that idea, realized you cant throw the ball forward in RL and adapted it to a "bomb" kick we have[/quote:1gysl9ow]
[quote="eels fan":1gysl9ow]You poor poor obsessed fat ex vichyballin potato thieving stoaway.[/quote:1gysl9ow]:d7dc4b20b2c2dd7b76ac6eac29d5604e_6679.png |
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| Quote: wrencat1873 "The administrator would still need the business to generate sufficient funds to be able to pay the players and cover his own costs.
If things get any tighter they would be forced to sell some of the players.'"
or they could have another bucket collection...when are they due to play Leeds again  |
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