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Quote: kinleycat "Yeah it would have been so much better without all that pesky RFL help!!!
I've never heard such disingenuous crap!!'"



I meant if the RFL do what they did with Bradford and buy the lease to Salfords stadium... pay the wages for the rest of the season in advanced sky money and allow any debts to build up it may prove harder for Salford to find a buyer because a new owner would then need to pump more money into the club in the long run.

The above would be unlikely because we arent mid season anyway. Each situation is different.

The RFL helping Bradford was the only way for us to survive at the time but what im saying is in my opinion the old board should have made everyone aware of Bradfords debts sooner and then we wouldnt have been in the position where the RFL had to / wanted to buy the lease at Odsal and where SKY money had to be advanced because this has made things harder for our new owner.

I think the old board at Bradford delayed and delayed until we ended up in a mess.

I do think the RFL is partly to blame for every club that has got into financial difficulty since the licenses have been awarded. For the finances at Bradford not to have been noted when licenses were granted is unlikely. Very few clubs have broken even over the last few years & that needs to be looked at. Unfortunately the game is being run on quick sand at the moment and there's many clubs going through financial difficulties.

I know other forums suggest the SKY money from Bradford may have been put to better use going into some kind of `emergency fund` for clubs that are struggling. I hope that Salford get through the problem they have and that the fans there pull together and try and raise money ( but ensure it's safe and doesnt get swallowed up ) I know i will pledge to help them. I wouldnt want any club to get into that position.

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Quote: mat "The only problem with that scenario is that we were only advanced 2 or 3 months wages (less than 200k a time). This was basically covered by the remaining sky payments due upto the end of 2012 plus maybe 100k or so from next year. Certainly nowhere near the 1.2m being held back. The only 1.2m to come from RFL is the purchase price of odsal, But Iirc the RFL purchased odsal not SLE so doesn't make sense money being distributed to ther SL clubs if this some sort of buy back deal for the lease. That said new owners are planning a roof on pop side next year and can't see them spending major money on a stadium they only hold the sublease on.'"

In the spirit of the great British pantomime tradition......oh no you weren't!!
You were given money out of last years and this years pot, this was agreed by the SL chairmen and hence why you have to put the money back in it.

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Quote: Bully_Boxer "We were advanced our share of the Sky money and no it wasn't anywhere near the amount being withheld for the next 2 years.

I understand Mr Glover repaid some of the debt when he took over Wakefield. How much debt wasn't repaid though and was 'brushed under the carpet and ignored'?'"



It's not really about who's admin was better, (they both boil down to bad management) but the Bulls and RL hierarchy collusion is all too murky i just don't understand why the Bulls didn't sell a player when they seem to have had bids?
Didn't Obst go to Hull while Glover was been proved fit and proper, or am i mis-remebering?

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Quote: dull nickname "It's not really about who's admin was better, (they both boil down to bad management) but the Bulls and RL hierarchy collusion is all too murky i just don't understand why the Bulls didn't sell a player when they seem to have had bids?
Didn't Obst go to Hull while Glover was been proved fit and proper, or am i mis-remebering?'"


IIRC, both Obst and Ferguson were both sold at the last minute to raise funds for the administrator, whilst you guys got a sub from the RFL icon_surprised.gifops:
The other issue was that at the time we looked doomed for the Championship, therefore players were probably quite happy to have a get out, whereas you guys were given a 3 year, grade B licence, even though your club was in financial strife.

Its easy to see why some folk may be bitter d040.gif

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Quote: dull nickname "It's not really about who's admin was better, (they both boil down to bad management) but the Bulls and RL hierarchy collusion is all too murky i just don't understand why the Bulls didn't sell a player when they seem to have had bids?
Didn't Obst go to Hull while Glover was been proved fit and proper, or am i mis-remebering?'"

The thing with the RFL in all this is that there hands appear to be clean until scrutinised further.
There's the licence process overseen by experts making sure that clubs are worthy of a licence and running the off field business well. They failed to note that in the Bulls case they were losing £1.1m per year, that's a big miss or a big covering up of something that perhaps the RFL didn't want the public to know, another club in a financial mess following us and Crusaders but this time a former giant and perhaps the club that typified the SL era more than any other.
Then there's the whole Odsal-gate scam, covered up by the RFL in collusion with the then BoD of the club to further hide the truth.
The administration itself was nothing less than a shambles, and at every turn the club and the playing squad was protected while non playing staff were made redundant and monies that could be generated for creditors via the sale of players never happened.
In all this the RFL have always distanced themselves from the actual facts, blamed or hid behind another body or tried to cover up the whole fiasco.
And still some Bulls fans feel let down and need to preach!!
I give up!!

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We're doing allright arn't we. Cant be bad.

60 posts in 5 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
60 posts in 5 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing



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