.

Who's depressed? Bradford's plight amuses me greatly

It is to be hoped the requisite number of Bulls season ticket holders encourage enough £5 admission buddies to turn up for the eagerly anticipated and mouthwatering Catalan and London fixtures. Monthly wages are due again on Friday 30th August.

probably a TV rights/revenue payment due from the RFL 8th Aug, which would see them right up to new year I would guess.

Reduce SL to 12 (in place), reduce salary cap to 1.2 million pounds. Increase rfl grant to 1.2million pounds, condition of SL is you must pay up to full cap. Allow one marquee signing outside of cap, clubs can pay that one player whatever they want but must be approved by rfl and funds must be shown up front for payment. All SL clubs must spend min of x pounds on academies/Jnr's

Sorted.

The rfl grant is 1.3m already

Thought it was 1mill?

In that case reduce salary cap to 1.3mill, basically cap should match the grant. The club then can spend whatever other income it can generate on its infrastructure.

Clubs get their TV money in monthly installments, though they can ask for an advance if necessary.

But the Bulls general manager has gone public saying the money coming into the club is from Omar Khan personally as a result of him "releasing equity in his portfolio". In other words he's trying to remortgage his properties or something similar in order to pay the wages.

Also, didn't Bradford council lend them £200k+ about 3 months or so ago to ease a short-term cashflow problem ?

So the first one was solved with a council loan, this one by the owner "releasing equity", what happens next time ?

Exactly, and in a vain effort to spread some more knowledge of the situation (make your own judgement as to if its the truth or not), some concerned Bulls fans have responded to the clubs offer of emailing questions, myself included, and here is one of the responces from the club that has been posted on RAB by another RLfans member;

"[iI am quite concerned by recent events that have taken place over the past 4-5 days and Omar’s statement has raised a number of questions.

1) Why were players, staff and fans told that the delay in wages was down to an ‘admin error’ when this clearly was not the case.
2) Why did the Bradford Bulls give Robbie Hunter-Paul false information to pass on to all concerned parties. As you will be aware his statement assured everyone that wages would be paid on Tuesday 30th July.
3) If there is clearly no money available this month, what assurances can you provide that monthly wages etc can be paid next month.
4) The RFL has stated that money will be obtained from a 3rd party. Does this mean that the Bradford Bulls are in the process of obtaining a bank loan to cover expenditure ?
5) Why is there a lack of honesty coming from the Bradford Bulls ? As a fan I feel the Bradford Bulls have lied not just to us as fans but to the players who have worked hard to be in a position to fight for the play-offs.


Here is Ryan's reply

I know there is spin/PR and the previous regime were very economical with the truth which leads to an automatic distrust of the club from some, but I have no reason not to take Ryan Whitcuts (Bulls general manager) answers above on face value, if these turn out to be false then that will change, but up to now the new club has been fairly transparent.

But no amount of talk will stop people who want to revel in the Bulls (or the games)problems, and they are geniune problems, the only thing that will stop that is a period of stability and growth without these issues. As a Bulls fan Im hopeful but wary.

Well Hull KR would be. 5.09375:5