That’s the thing, Chalmers didn’t like the look of the terms of the lease so didn’t sign. Lease runs out end of September

The Rfl have the bulk of a 130yr lease with the council left.

Bradford don't have a loan from the RFL now. When the RFL bought the lease they subtracted the loan from the selling price of the lease so the loan was repaid years ago.

With respect to the administrator, the lease was sold about 2 months before admin 1, in fact selling the lease was the final straw that made admin 1 inevitable. The lease was an asset which helped secure a bank overdraft. When we didn't own the lease anymore, the bank called in the overdraft resulting in Our chairman making his public appeal for £500k, I guess to pay the bank and stop them putting us into administration. Fat lot of use that was, including my £400 for me and each of the 3 kids who'd followed the Bulls/Northern in my case

Andrew charmers was willing to spend money on it providing he has the lease back, the rfl didn’t want him to have the lease back, so I reckon the council and the rfl have had there heads together and come up with this idea in order to make it look like the bulls was leaving of there own choice, the the council buy back the lease off the rfl for a rather larger sum, the council then sell odsal for a very large sum, and the rfl give themselves a very large bonus

Don't really see why the council should pay a large sum for the lease. What can the RFL do with it?

The council want it back in order to sell it, it’s not rocket science

What are they going to use it for, land fill ??

The site will cost an utter fortune to develop, either as a RL ground or for commercial use.
It's only plus point is its location.

Can’t be used for traditional waste landfill due to nearby new housing estate. Perhaps rubble, even then I imagine plenty of objections from residents. Who knows. If it can be filled in I would expect the toxic land from the tip might prevent housing being built on it. However it could maybe be used as an industrial estate maybe. Lots of ifs buts and maybes.

Land around Bradford has very little value.

The cog why they uncil could do all sorts with it. I was just questioning why they should pay a large sum for it. They can impose enough limitations on what the RFL can do with it to make it worthless.

The limitations will already be in the lease. They can't add new ones. I would wager it is limited to RL but that will then be reflected in the price of the lease.

Point I’m trying to make is that the rfl will come out with more than they paid for it and that will go into there own big pockets guaranteed

What big pockets? The rfl is skint!

How so? They've lost their income. Why will they be better off when the head lease will no doubt limit what they can do with the facility?

Ok I’m wrong forget it end of