Regulation is required to prevent people doing stupid things otherwise we wouldn't need regulation. If despite having regulations that have a stated aim of
preventing Clubs (from) trading beyond their means and/or entering into damaging and unsustainable financial arrangements; clubs still trade beyond their means and/or enter into damaging and unsustainable financial arrangements the regulations have failed and are part of the problem.

Spot on. It's like saying that the banking crisis was the fault of the banks alone and that poor regulation was not part of the problem.

Your argument only works in the case of Bradford if the regulations control total spending. They don't, the cap might have an aim to help prevent clubs spending beyond their means but as has already been said numerous times but which you keep ignoring as it blows your argument out of the water, the actual reality at Bradford is they could spend nothing on the cap and still be losing money.

So in Bradford's case the cap could say you aren't allowed to spending anything and they would still be spending beyond their means, by your argument the cap would still be one of the reasons for the failure.

Which all goes back to my original point that the cap has sod all to do with Bradford's current situation, extremely bad financial management does.

The fact that the regulations don't control total spending is the point. The SC claims to have as an objective the prevention of financial problems, but contains ineffective measures to achieve this objective. If it was effective it would have prevented the bad financial management from doing the damage that it has.

So your suggestion would be that the RFL tell clubs how much they could spend on everything then, as that would be the only way they could control what the Bulls spent? At least that way BrettKenny might have a point about it being the communist cap.

As has been said numerous times but keeps being ignored (probably because it doesn't fit the cap is to blame argument), the cap is there only in regards to one particular area of spending which Bradford could be spending nothing on and still be living beyond their means. So zero to do with the cap and everything to do with the way the Bulls were mismanaged. I wonder how the scenario with the Bulls creditors plays out, "sorry about spending beyond our means but the cap made us do it". I'm sure HMRC will accept that and write off the debt.

Here Here to that!

All coaching staff have just been sacked and admin workers made redundant. Sad day I reckon.

Part of the problem here www1.skysports.com/rugby-league/ ... 6/7858764/

Part of the problem here www1.skysports.com/rugby-league/ ... 6/7858764/

If they do go pop, and I really hope they don't, do you think the RFL will give special dispensation to clubs willing to take their players on? After all these lads have to earn a living and the majority of clubs will have filled their cap so they'll have no room to sign these lads on. Would be a real shame to see 25+ RL players out of work for the remainder of the year. Not to mention all the coaching and admin staff.

Possibly.

Gotta feel sorry for Sammutt, especially...second time it's happened to him.

As a player I'd certainly be worried if he came to my club next. Kiss of death...

Sad news for the people affected.

Another disgraceful day in the history of RL.

Would Wigan be interested in any of the players at Bradford? Their administrator must be looking to offload at this point.

Wouldn't mind having Elima in our side, particularly given our current injuries.

Macca could give him a smack on the training field then