Quote: Slugger McBatt "Selling players is a way of clearing liabilities, which is something our administrator did to enable a buyer to be found and have more money for creditors, I assume (don't creditors get a certain pence in the pound?). If the Bulls administrator can sell the business without getting rid of players, fair play to him. Nothing to do with the RFL, who have simply advanced money the Bulls were due, money the new owners will now not get.
The thing to watch, and only thing to watch, is what happens to Odsal. If the RFL give it to the new owners, or sell it at a substantial loss, there is clearly favouritism, as then they have simply given the Bulls a huge wedge of cash. All ABC are doing are firming up what they said last week. It doesn't mean the RFL concerns have changed.
I have no problems with the Bulls being allowed to continue in Super League. We were, right up to the franchise decision, and the same has to apply to the Bulls. If they go bust, which they haven't, different things might apply. The RFL have done nothing different during the administration that they did to us;, i.e., they let the administrator get on with it.'"
Surely there is an issue with the RFL advancing cash to keep them afloat. Why wasn't this done for us ?
Also, from the gossip that has come out surrounding the new consortium, it would appear that their main interest has less to do with saving a RL club and more to do with getting hold of the Coral stand, to use it for non rugby related purposes.
There will need to be some cast iron assurances to prevent the Bulls moving to Valley Parade and leaving the new owners with some very cheap real estate.