| FORUMS > Huddersfield Giants > Bulls in Financial trouble ? |
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THE BIRTHPLACE OF RUGBY LEAGUE:d7dc4b20b2c2dd7b76ac6eac29d5604e_43854.jpg |
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| rfl should of taken the BETFAIR offer instead of stobart then bradford would of had an extra £200,000 from the sponsorship deal
bradford did vote for betfair too...the rfl are clueless  |
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The money men at bulls must have known how close to the edge they were when they applied for a franchise.They should have done the decent thing and withdrawn their application.
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The one thing this thread tells me is that people are concerned over our pack. Everyone has suggested going after a forward or two, nobody has suggested a back or even Sammut - one of the most creative players currently in Superleague.
Interesting thought isn't it?
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| Quote: brearley84 "
bradford did vote for betfair too...the rfl are clueless ![]()
Peter Hood said at the forum we voted for Stobart. Could be yet another lie though
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Somewhere in the dust of time rest the bones of the Galilean
He who was spat upon. He whose face was marred beyond all human likeness
Somewhere buried among the lies of the past rests the tomb of Yeshua
Of he who was made God in a world without Hope.
And when this son of Joseph is found. What then will the Church of Rome say?
Prepare yourself for the day is coming. And men will say
"Blessed are the wasted lives who perished in the flames of the holy war": |
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| Quote: brearley84 "rfl should of taken the BETFAIR offer instead of stobart then bradford would of had an extra £200,000 from the sponsorship deal
bradford did vote for betfair too...the rfl are clueless ![]()
If they'd taken the Betfair deal Bradford would have had about £18,000, that'd hardly make a blind bit of difference to their present plight.
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| Quote: Wadski "The one thing this thread tells me is that people are concerned over our pack. Everyone has suggested going after a forward or two, nobody has suggested a back or even Sammut - one of the most creative players currently in Superleague.
Interesting thought isn't it?'"
Na, as good a player he is , all the clubs he plays for end up going bust......he's a bad omen that fella  |
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| Quote: GIANT DAZ "Na, as good a player he is , all the clubs he plays for end up going bust......he's a bad omen that fella ![]()
Is there a Maltese version of the Greek Economic crisis on the way??????
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HUDDERSFIELD
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THE BIRTHPLACE OF RUGBY LEAGUE:d7dc4b20b2c2dd7b76ac6eac29d5604e_43854.jpg |
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| Quote: duggy out "The money men at bulls must have known how close to the edge they were when they applied for a franchise.They should have done the decent thing and withdrawn their application.'"
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In terms of this 'Pledge' thing they are doing.
No monies will be exchanged right now and all they are asking is people call them up and suggest a figure they will donate should a target be reached. Didn't they do the exact same thing for the last couple of seasons with their cheap season tickets and sell them at £69 each or something.
If they only managed 12,000 pledges when there was 13 home games of rugby on offer, what are they going to manage when there is nothing?
For some reason I thinking 'publicity stunt' and I cannot think why.
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| massive publicity stunt...
you really think there wont be a bradford bulls playing this season |
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It seems that the Bulls finances were in order, or no worse than many, many businesses are. The only issue is that their bank withdrew their overdraft facility - as has happened with many, many businesses.
the real question is why did the RBS withdraw their credit
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| Quote: Code13 "It seems that the Bulls finances were in order, or no worse than many, many businesses are. The only issue is that their bank withdrew their overdraft facility - as has happened with many, many businesses.
the real question is why did the RBS withdraw their credit'"
Their only asset was given to the RFL to pay off a debt? |
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Possibly, but it isnt typical for such things to be taken into account for unsecured lending.
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you cant say that,charlie!
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Just been reading that the bulls are selling a `virtual` ticket for £20 to help with their fund raising , doesn`t get you into the game though , good luck with that.
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| Quote: Code13 "Possibly, but it isnt typical for such things to be taken into account for unsecured lending.'"
Depends whether it was unsecured or not at the time. I would hazard a guess that nobody would lend £1million unsecured. The exposure in the current climate and with a growing history of clubs going into Administration is too great. |
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