FORUMS > Warrington Wolves > Bradford |
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| Simple answer rename them "London Bulls" and watch the debts vanish as if by magic
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| Does this make the sale of Bateman more likely?
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| How do you budget losses £1.2m? Makes me wonder how some people get the jobs they're in.
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| Quote: Fatbelly "Does this make the sale of Bateman more likely?'"
If Bradford try and sell their assets ( eg their players ) to pay off their debts then yes, we have a good chance of buying him.
However, Bradford could go into administration in which case it is a lot less clear if players will be sold.
This article suggests that Bradford are trying to pay off their debts.
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| Quote: Alfie Langer No2 "How do you budget losses £1.2m? Makes me wonder how some people get the jobs they're in.'"
You would only budget to make a loss if you anticipated making up the money at a later date eg selling players, selling the ground lease, putting up entry fees, gaining additional sponsorship monies etc. Otherwise your creditors would not agree to extend your loan(s).
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| Not good for the game IMO
RFL should help out BRADFORD are a big name club synonymous with the game of Rugby League.
Lets face it they put more money in Wrexham and look where that got the game.
Come on RFL get them out of the SH1T.
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| Quote: Winslade's Offload "You would only budget to make a loss if you anticipated making up the money at a later date eg selling players, selling the ground lease, putting up entry fees, gaining additional sponsorship monies etc. Otherwise your creditors would not agree to extend your loan(s).'"
But you can only sustain that for so long. You're basically delaying the inevitable.
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| A Tale of Two Cities...pretty tragic really , considering the Bradford debt is a drop in the ocean compared to that of Glasgow Rangers .
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| Should take away Bradford's licence for lying in their application and let Halifax take their place IMO !
Nobody helped Widnes when they went tits up so IMO the RFL shouldn't help Bradford bad management at board level got them into it and they should reap what they sow !
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| Quote: PADDERS "Should take away Bradford's licence for lying in their application and let Halifax take their place IMO !
Nobody helped Widnes when they went tits up so IMO the RFL shouldn't help Bradford bad management at board level got them into it and they should reap what they sow !'"
So because of bad management at board level.... the players, staff and fans should all suffer, dont think so!!!......and as for lying on application....where's your proof bradford did that?
You wanna think yourself lucky you've got an owner with deep pockets....lets all hope the saying "what goes around, comes around" aint true.
To all wire fans wishing us well...i thank you all
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| Could reply to that but I just don't believe your worth it !
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| I really hope that Bradford come through this but if they don't, then I don't think that they should be replaced in Superleague. It would be a perfect opportunity to reduce the number of teams and longer term to increase quality.
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| bfdbull1979 do you think that within a few months of the start of the season Bradford ended up 1.75 million plus what they owed the RFL already which the RFL took the stadium as payment and they wasn't in the mire a few months earlier when they lodged their SL franchise application ? If you don't you need to wake up and start smelling the roses matey ! The RFL did that's why they made sure their investment was the safest of all and took the stadium to safe guard it ! The RFL aren't an innocent party either they must have known about Bradford's financial plight as well they should be investigated as well IMO !
I do hope you survive but if you need to go back into the championship and rebuild I don't see any reason why this shouldn't happen Widnes , Halifax and Leigh have done it so Bradford should as well IMO !
As tin soldier said maybe this is an opportunity for SL to reduce in size it would be good for the league I think but IMHO I would prefer it to be a smaller club like London , Cas or Wakefield go all three are very poor and offer little to the competition !
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| Quote: bfdbull1979 "So because of bad management at board level.... the players, staff and fans should all suffer, dont think so!!!......and as for lying on application....where's your proof bradford did that?
You wanna think yourself lucky you've got an owner with deep pockets....lets all hope the saying "what goes around, comes around" aint true.
To all wire fans wishing us well...i thank you all'"
I feel your pain but Warrington aren't dependant on a wealthy owner for stability. We're not Huddersfield. We generate enough income to survive however it does come in handy when we want to cherry pick other teams prospects to complement our own.
Whilst the lack of A benefactor hasn't helped Bradford, it's not the reason they're on the brink of death.
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