Quote: supercat "The thing is if Bulls are getting money which due to anyway which is fair enough then the new owners are on to a loser straight away as the funds are being squandered away while in admin.'"
I quite agree - if I were a potential investor, I might consider that allowing monies that I could have for my newco to be spent keeping the soon to be defunct oldco afloat, was something of a false economy.
By prevaricating in this way, the RFL is allowing the interim management (the administrator) at the Bulls to continue in much the same way that the old management did - spending money they don't have.
It really is about time their hand was forced - if that means cutting their cloth to suit, then so be it; sometimes you have to be cruel to be kind.