Sorry if i've missed a thread regarding the Bulls admin but can someone help me out a little here.
I've been watching the Bulls saga as most rugby league people have and i've a lot of sympathy with the speccci's,we have after all been there.
Can someone explain to a numbnuts like me the difference between our admin and Bradfords?
Ours seemed to be a case of get the administraters in,flog our most valuable assets to whichever vultures appear knocking on the door,I assumed this was the norm for admin,however Bradfords seems much less hurried,no panic selling,investers in the wings (or not),is there different types of admin or did we get the wrong administraters?
Someone explain it to me as it's doing my head in!!
Cheers.

it stinks ,are the rugby league looking after them knowing there investment.in the ground

it says on bulls site they are going to buy the lease back from rlfc.ok but will they do a check on them for a fit and propper person test we will see.

Aye they will probably sell it back to Bradford for a £1 or something! Cheers RFL...

And who are they?

this is an easy one , the RFL are using Vaseline with the Bulls , All we had was tears

The talk is of a consortium of Bradford businessmen from the Asian community - good stuff if true.

I seem to recall reading somewhere that the administrator in Bradford's case has been paid up front, whereas ours was required to recoup his own fees from the sale of assets i.e players - not sure if I've dreamt that or if it's actually the case.

Either way, the wages are due on Friday and any business man worth his salt wouldn't take on that liability if he didn't have to; it will be interesting to see how that bill is covered.

Bradford business men from the Asian community? Wouldn't trust them as far as I could throw them.

Jarrad hickey will be back over if these Asians take over.

Did someone say all you can eat Buffett.

You mean like Wakefield Council and us way back when?

***

Obviously the mess Bradford is in is more complicated that the one we were in. That and our administrators made the club as attractive as possible by cutting costs on and off the field. If memory serves me correct, there wasn't a massive panic about a buyer as the administrators never said a deal had to be done quickly to 'save' the club, making the process less of a race so things could be done properly.

There are good administrators and bad administrators, and while ours had to sell players, I'd say we had a relatively pain free process thanks to them.

Bit of both.

Dont let facts get in the way of things Jinger, you will confuse people.