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FORUMS > Wigan Warriors > Is this the end of Bradford Bulls ?
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Quote: Coventry Warrior! "We could have a sort of break even format, whereby clubs have to bring in the money to be able to spend it.

Or we could change the hard cap, to a soft cap with a number of exceptions that allow the big clubs to spend over.

One thing I would scrap is the rule, where players cannot gain sponsorship without it counting as his "Salary Cap Value". Having players such as Sam Tomkins being able to earn more money from sponsorship, can only be a good thing and gain more recognition for the sport.'"


Classic case of the rich get richer and the poor get poorer. Bringing that in would see the top sides take all the best talent from the poorer sides, and the poorer sides would suffer as no-one of any quality would like to go there. Stupid idea.

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Quote: Odem "103k raised so far apprently....'"


They've got a way to go, but they're doing pretty well.

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Hope I'm wrong, but I can see it tailing off a bit after such an amazing start. It would have been nice to see the 'rugby league family' rally round Crusaders when their financial problems were made public.

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Quote: stpatricks "The RL decision on taking over Odsal makes more sense now; they must have been made aware of the situation. London and the Crusaders have received RL handouts in the past; I cant see them letting a bigger club like Bradford dissapear.'"


or they want their money back first, the RFL loaned the dulls some money last year, bradford turned round and said they cant keep up with payments so the RLF took odsal clearing the loan but not giving enough money to sort problems.

and lets face odsal would of been the security on any business with RBS so as soon as bradford sold they have come in for their money

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Quote: feilds of knowsleyRD "or they want their money back first, the RFL loaned the dulls some money last year, bradford turned round and said they cant keep up with payments so the RLF took odsal clearing the loan but not giving enough money to sort problems.

and lets face odsal would of been the security on any business with RBS so as soon as bradford sold they have come in for their money'"


Interesting. If true then an administrator or liquidator might seek to challenge the sale of the lease as a preference. This could get quite messy for the RFL.

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£103k so far is excellent but they still have to find a further £397 in the next 8 days. This also leaves them needing a further £897k by the end of April, quite a staggering sum really.
An HMRC bill gives the impression that they have been taking PAYE from their emplyees and not paying the Revenue but using it to run the club. If that's the case then the BOD don't deserve to stay in charge at the Bulls.
The RFL/SL need to put in place stringent financial controls to ensure clubs have to maintain a viable business. Whatever is in place now needs to be replaced by something that will stop this state of affairs happeneing again.
Wakey and Cru last year, Bradford now.
That's just not good enough!

107 posts in 8 pages 
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Subscribe | Moderators: Admin, DaveO , Wigan6/Leeds1 Andy , Pemps
107 posts in 8 pages 
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Subscribe | Moderators: Admin, DaveO , Wigan6/Leeds1 Andy , Pemps



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