|
|
Rank | Posts | Team |
Player Coach | 6297 | No Team Selected |
Joined | Service | Reputation |
Jan 2007 | 18 years | |
Online | Last Post | Last Page |
Jan 2025 | Nov 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Ferocious Aardvark"Not necessarily so. You would have to assume that had the new owners run the old club, they would have made such a porridge of it as they did. They might have done a lot better with the same money. Also the idea that the Bulls have a commercial advantage over the rest of SL clubs does sound like rubbish, doesn't it? Any of you want to swop places? No? Didn't think so.'"
Of course there is a commercial advantage. By buying it from administration, the new owner buys it with reduced liabilities, as it is likely that the administrator had negotiated reduced repayments with the creditors. Are you trying to argue, seriously, that a new owner would have been better off buying OK Bulls lock, stock and barrel prior to administration, with all of those debts? Of course not. So by buying from administration, the owner has gained a commercial advantage, as he or she has bought a club with reduced liabilities, whereas all the other clubs from last year have gone into this year with whatever liabilities there were from last year.
It doesn't matter whether the new owners would have run it better. The simple fact is that they start with the new Bulls with a cleaner sheet than that owned by the old Bulls at the end of 2013, which they had the option of buying but didn't. No other club starts the year with the liabilities reduced.
As I've said elsewhere, however, the extent to which pre-existing liabilities are met should mitigate the points deduction, as that lessens the advantage over other clubs.
Whether it is sustainable is a different issue. Unfortunately, success in sport is cyclical. Go back eight years and Huddersfield and Warrington were pants and Wigan weren't great. You have to readjust.
|
|
|
Rank | Posts | Team |
Player Coach | 10446 | No Team Selected |
Joined | Service | Reputation |
Mar 2006 | 19 years | |
Online | Last Post | Last Page |
Oct 2024 | Jul 2020 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| To back up Sluggers comment regarding a commercial advantage.
The Bulls chairman voted to accept a new TV deal which included a £300,000 payment to be paid before the season started. Just a day later and prior to the payment the OK Bulls went into Administration.
I wonder how many of the OK Bulls creditors could have been fully paid by that £300,000?
How is that not gaining a commercial advantage?
|
|
|
|
Rank | Posts | Team |
Player Coach | 22777 | No Team Selected |
Joined | Service | Reputation |
May 2006 | 19 years | |
Online | Last Post | Last Page |
Jun 2020 | Feb 2018 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Wadski"To back up Sluggers comment regarding a commercial advantage.
The Bulls chairman voted to accept a new TV deal which included a £300,000 payment to be paid before the season started. Just a day later and prior to the payment the OK Bulls went into Administration.
I wonder how many of the OK Bulls creditors could have been fully paid by that £300,000?
How is that not gaining a commercial advantage?'"
Some of the bulls creditors will be paid by that £300k. The players would have become creditors, they will be paid using it.
That £3000k was part of the assets bought by the new company, if anyone thought that £300k + all other assets minus all ongoing liabilities were worth more than what the new co paid for the Bulls assets, and that includes all the bulls creditors then these other people could have bought it.
They didnt.
its incredibly disingenuous to look at one revenue stream and claim that it could have been paid to the bulls creditors. That £300k was a payment for a service, the bulls would have needed to perform that service to earn that money, whether paid prior or post completion of that service. Had the Bulls done what you propose and gone in to admin after recieving that money they would still not have completed the service they had been paid for and whilst they could have paid off company A, they would simply have a new creditor(in this case the RFL)
|
|
|
Rank | Posts | Team |
International Chairman | 28357 | No Team Selected |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
Online | Last Post | Last Page |
May 2024 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Slugger McBatt"... Are you trying to argue, seriously, that a new owner would have been better off buying OK Bulls lock, stock and barrel prior to administration, with all of those debts?'"
Really poor straw man.
Quote ="Slugger McBatt"... So by buying from administration, the owner has gained a commercial advantage, as he or she has bought a club with reduced liabilities,.. '"
Another straw man. The new owner has bought a business:
a) not knowing what sanctions will be imposed on him
b) knowing full well that the rules specifically empower the possibility of sanctions by the RFL
c) with no guarantee that he will even be playing in SL
And neither you nor I know whether those liabilities ultimately are reduced or not, if so, by what amount. And the consensus seems to be that (rightly) the RFL will take into account any loss to creditors in deciding on any sanctions. And I am the only person to actually quote chapter and verse what gives them the power to so sanction a new member.
Your position[i seems[/i* to be that none of these things are relevant and that there IS a "commercial advantage" because, well, there just is. When anyone can see that it is inevitable the Bulls will start off operating under a huge commercial disadvantage, whatever happens.
* Except ...
Quote ="Slugger McBatt"...As I've said elsewhere, however, the extent to which pre-existing liabilities are met should mitigate the points deduction, ...'"
But this is the point we have been making, isn't it? Weird.
|
|
|
Rank | Posts | Team |
Player Coach | 10446 | No Team Selected |
Joined | Service | Reputation |
Mar 2006 | 19 years | |
Online | Last Post | Last Page |
Oct 2024 | Jul 2020 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Smokey - I was suggesting that the Bulls went into Admin before receiving the money and thus protecting it from the creditors of OK Bulls and will receive it into Bulls 2014 once ratified by RFL board.
They will then use this to potential pay off most of their creditors but crucially not the director loan from their 'self proclaimed saviour'
This means they have a commercial advantage!
|
|
|
|
Rank | Posts | Team |
International Chairman | 28357 | No Team Selected |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
Online | Last Post | Last Page |
May 2024 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Wadski"Smokey - I was suggesting that the Bulls went into Admin before receiving the money ...'"
This is true. At the point they went into administration, the Bulls had received the money they had received up until that point. But they had not received any money which they had not yet received.
Quote ="Wadski"They will then use this to potential pay off most of their creditors '"
Illogical. If the money had come in the day before admin then the administrator's pot for creditors would have been increased by the same sum, so your point is a non-point.
Quote ="Wadski"but crucially not the director loan from their 'self proclaimed saviour' '"
He was the Bulls saviour. Had he not stepped in there would have been no Bulls. Also, odd people keep referring to repayment of any "loan", but nobody has pointed to any evidence of any request for any such repayment. So it's just gossip. It is also uninformed gossip.
|
|
|
Rank | Posts | Team |
International Chairman | 3185 | No Team Selected |
Joined | Service | Reputation |
Mar 2002 | 23 years | |
Online | Last Post | Last Page |
Jun 2018 | May 2017 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Bulls have been deducted 6 points
|
|
|
Rank | Posts | Team |
International Star | 519 | No Team Selected |
Joined | Service | Reputation |
Aug 2013 | 11 years | |
Online | Last Post | Last Page |
May 2017 | May 2017 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Party in Wakefield?
|
|
|
|
Rank | Posts | Team |
Player Coach | 5214 | No Team Selected |
Joined | Service | Reputation |
Aug 2006 | 18 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
|
|
|
|
Rank | Posts | Team |
Player Coach | 7111 | No Team Selected |
Joined | Service | Reputation |
Dec 2007 | 17 years | |
Online | Last Post | Last Page |
Jan 2025 | Jan 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Fingers crossed the board haven't yet settled with any creditors.
|
|
|
Rank | Posts | Team |
International Chairman | 7594 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
May 2021 | May 2021 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Maccbull_BigBullyBooaza"Fingers crossed the board haven't yet settled with any creditors.'"
They have now withdrawn their offer to buy the club entirely so right now nobody's getting paid.
|
|
|
|
Rank | Posts | Team |
Player Coach | 5214 | No Team Selected |
Joined | Service | Reputation |
Aug 2006 | 18 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="vbfg"They have now withdrawn their offer to buy the club entirely so right now nobody's getting paid.'"
Wait what? Moore and co are no longer buying bulls? Link??
|
|
|
Rank | Posts | Team |
International Chairman | 7594 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
May 2021 | May 2021 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
|
|
|
|
Rank | Posts | Team |
Player Coach | 22777 | No Team Selected |
Joined | Service | Reputation |
May 2006 | 19 years | |
Online | Last Post | Last Page |
Jun 2020 | Feb 2018 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Brilliant work for all involved. Great news for the game
Thank God there was a punishment eh!
|
|
|
Rank | Posts | Team |
Player Coach | 5214 | No Team Selected |
Joined | Service | Reputation |
Aug 2006 | 18 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="vbfg"www.bradfordbulls.co.uk/news/article/8925/offer-withdrawn-to-purchase-club'"
Could it get any messier?!?
Sounds like Moore and co were trying to hold the rfl to ransom into not giving them a points deduction. They were naive if they didn't know this was happening when they took over from ok ...
So are Bradford still in administration now? Weren't there multiple bidders? Will another be accepted? Will they remain in the table with the points deduction? Or will the rfl buy them, like they said last time?
|
|
|
Rank | Posts | Team |
International Star | 17983 | No Team Selected |
Joined | Service | Reputation |
Apr 2011 | 14 years | |
Online | Last Post | Last Page |
Jan 2025 | Jan 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="vbfg"www.bradfordbulls.co.uk/news/article/8925/offer-withdrawn-to-purchase-club'"
Wow, lets see who blinks first !
|
|
|
Rank | Posts | Team |
Player Coach | 22777 | No Team Selected |
Joined | Service | Reputation |
May 2006 | 19 years | |
Online | Last Post | Last Page |
Jun 2020 | Feb 2018 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Magic Superbeetle"Could it get any messier?!?
Sounds like Moore and co were trying to hold the rfl to ransom into not giving them a points deduction. They were naive if they didn't know this was happening when they took over from ok ...
So are Bradford still in administration now? Weren't there multiple bidders? Will another be accepted? Will they remain in the table with the points deduction? Or will the rfl buy them, like they said last time?'"
The RFL weren’t going to buy them, the SL clubs were. Why would they do that now?
Especially in a relegation season why would Wakefield or London or anyone else who might be relegate want Bradford to survive? What would happen if Bradford, against all odds finished 12th? Would (for example) Wakefield accept being relegated when a club they part own survived?
Massive, avoidable, unnecessary clusterwhoopsie and 2 games in we get our first casualty of the return to P+R, possibly the integrity of an entire season ruined, possibly one of our biggest clubs disappearing, a whole raft of bad headlines, more uncertainty for everyone and the gloss taken from a very good start and some of the positive coverage of recent times.
Great way to capitalise on the World Cup
|
|
|
Rank | Posts | Team |
International Board Member | 11032 | No Team Selected |
Joined | Service | Reputation |
Feb 2003 | 22 years | |
Online | Last Post | Last Page |
Jul 2020 | Mar 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="vbfg"www.bradfordbulls.co.uk/news/article/8925/offer-withdrawn-to-purchase-club'"
Biggest dummy spit in the world of sport ever
|
|
|
Rank | Posts | Team |
Player Coach | 846 | No Team Selected |
Joined | Service | Reputation |
May 2008 | 17 years | |
Online | Last Post | Last Page |
Oct 2016 | Sep 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="andyh0064"Party in Wakefield?'"
No,get yourself to Keighley
|
|
|
Rank | Posts | Team |
International Star | 519 | No Team Selected |
Joined | Service | Reputation |
Aug 2013 | 11 years | |
Online | Last Post | Last Page |
May 2017 | May 2017 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| This really does just get worse.
I really feel for the Bull's team, coach & fans.
|
|
|
Rank | Posts | Team |
Player Coach | 22777 | No Team Selected |
Joined | Service | Reputation |
May 2006 | 19 years | |
Online | Last Post | Last Page |
Jun 2020 | Feb 2018 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Cas Till I Die"Biggest dummy spit in the world of sport ever
'"
bigger than that time Cas threatened to sue everyone when they got relegated? or the year long hate campaign against Gareth Thomas when some bigotted neanderthals got called out for their bigotry?
|
|
|
Rank | Posts | Team |
International Board Member | 11032 | No Team Selected |
Joined | Service | Reputation |
Feb 2003 | 22 years | |
Online | Last Post | Last Page |
Jul 2020 | Mar 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="SmokeyTA"bigger than that time Cas threatened to sue everyone when they got relegated? or the year long hate campaign against Gareth Thomas when some bigotted neanderthals got called out for their bigotry?'"
Yes
|
|
|
Rank | Posts | Team |
Player Coach | 5214 | No Team Selected |
Joined | Service | Reputation |
Aug 2006 | 18 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Cas Till I Die"Biggest dummy spit in the world of sport ever
'"
The laughing is unnecessary, I think it's incredibly sad. However I do agree it's nothing more than a dummy spit. Having read the statement mark Moore published, I'm struggling to find sympathy. This has been on the cards since the events took place, it's not like it's a surprise to them (like he claims) - it's a I'm taking my ball home move.
Further, if his interest in the club extends only to super league, what would of happened had he taken over fully, and then been relegated without a points deduction?
My sympathies are with the Bradford fans, however this Moore guy has right royally irritated me with his comments!
|
|
|
Rank | Posts | Team |
Player Coach | 22777 | No Team Selected |
Joined | Service | Reputation |
May 2006 | 19 years | |
Online | Last Post | Last Page |
Jun 2020 | Feb 2018 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Cas Till I Die"Yes'"
I don’t know, about 7 years later we still hear about poor ickle cas getting relegated because big mean wigan. Lets see if we still hear about this iin 2021
|
|
|
Rank | Posts | Team |
Player Coach | 13190 | No Team Selected |
Joined | Service | Reputation |
Mar 2007 | 18 years | |
Online | Last Post | Last Page |
Feb 2020 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| There had to be some meaningful sanction.
|
|
|
|
|