Quote:
Stealth Comic "Quote: Stealth Comic "I'd be more interested in knowing if this transaction instead happened for the reason I suspect it did.'"
Would this suspicion involve something along the lines of a similar RFL deal at Cougar Park 2 and a half years ago and what subsequently happened to the club 3 months later?'"
I think the two situations are different:
We were at the end of our lease with the co-op and vulnerable, Bradford are still fresh into their 150 yr lease.
The RFL have the lease for cougar park from the co-op, we have the underlease (i think, can someone correct me if i'm wrong), whereas the RFL have bought the lease from Bradford for a seven figure sum and rent it back to them at market value.
Looks like Bradford were in the poop with the taxman over historic image rights and the RFL have found a way to help them with what is effectively a loan against the lease.