Sorry 'Spymaster' but it can't be blamed on the bank. If the Directors of Northern knew that the bank was relying on their Lease of Sodal as security for their overdraft then they must have realised that replacement security would have been required after its sale to the RFL. Supported personal Guarantees by the Directors would have been sufficient but why did the Directors not consider this as an alternative? Perhaps they did yet still had little faith in their 'Business Plan'.

Then something else hit me this morninghttp://www.independent.co.uk/sport/general/rugby-league/bradford-bulls-ask-fans-to-raise-1m-or-club-will-fold-7593459.htmlrl

Check the penultimate paragraphIt is still an alarming situation for a famous club. Nobody embraced the concept of summer rugby more successfully than Bradford, who invented much of the razzmatazz that now accompanies the game. The Bulls won four Super League titles, along with World Club Championships and Challenge Cups, but financial reality bit with the loss of key players and a ruinous determination to beat Leeds to the signature of Iestyn Harris.'"

Was reading that some of the auction lots had reserves of £10k and needless to say they didn't reach them.

They need all the money they can get, so why do that? It seems like complete lunacy.

Mind you nearly 21k turned up to watch them beat Leeds tonight, that is a hell of a crowd.

I dont want them to go to the wall. I value all the leagues clubs BUT to see that get their cumuppence after the way they conspired to block us out of the first SL season does give me a quiet sense of ironic satisfaction.

I do want them to go bust if they deserve to. How can a SL club getting the SKY money go bust if they are sticking to the salary cap? Doesn't say much for the rigour of policing of Super League Clubs' financial controls by those currently in charge at the RFL. No Club should be allowed to finalise a contract with a player unless the RFL signs it off on the basis that the Club has the means to honour the contract. Don't forget, of the £1 million the Bulls owe, I'd bet a big chunk of it is owed to the taxman - i.e. you and me.

If the Bulls go bust, the Bulls will still continue as a club - it's just that they should be relegated to Championship 1 - just like Crusaders last year. The current Bulls players would become free agents with the chance to move to other clubs on a 'free transfer.'

Apparently they're 20 grand short of their first half million.

The deadline has all of a sudden moved until after the Bank Holiday weekend.

It makes you if they're being played like a fiddle.

Without doubt in my view fans are being played, anyone know to whom the pledges are being paid to just curious plus I see Caisley demanding Hood should step down, this has a long way to go yet I think.

If as mentioned the wage bill is so high something has to give as apart from last night their home support over last few years have dropped off a bit.