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| Quote: Pat Bateman "Like has been said o'connor donated 10k to pump it past 100k, moving fast in the early stages.'"
Pledges aint cash!
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| Quote: PHe "Pledges aint cash!'"
so what is it. Thought its a donation.
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| Quote: Pat Bateman "
A pledge is a promise to give the cash when they reach the target... it is not real money! Even Ted has the foresight to set up and escrow account and collect actual money... albeit the Wakey fans realised it was pointless propping the current BOD!
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| No money has gone anywhere yet, its a 'promise' to help out, they will still need everyone to pay up straight away. For their sake I hope nobody gets cold feet and changes their mind.
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| Quote: Pat Bateman "
Nope there is a world of difference between the two. A pledge is a promise and considering who's giving these figure I'd be very dubious. Staggers me that people are willing to give these crooks at Odsal any money at all so I'm not inclined to believe a word these snake oil salesmen say. They will say owt if they think it gives them a chance of fleecing more folk, this stinks of creating a false momentum.
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| Quote: vastman "Nope there is a world of difference between the two. A pledge is a promise and considering who's giving these figure I'd be very dubious. Staggers me that people are willing to give these crooks at Odsal any money at all so I'm not inclined to believe a word these snake oil salesmen say. They will say owt if they think it gives them a chance of fleecing more folk, this stinks of creating a false momentum.'"
Cheers for that im up to speed on matters now. Interesting times ahead then.
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| With the stated timescales being so tight it does seem a strange way to operate. Even if they meet the pledge target there will be a delay in collecting the cash.
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| Quote: coco the fullback "With the stated timescales being so tight it does seem a strange way to operate. Even if they meet the pledge target there will be a delay in collecting the cash.'"
I'm sure that will have been factored in. The PR said they needed half a million by mid April, but the deadline is next week. Two weeks seems enough time to collect pledge's, assuming there hasn't been any time wasters.
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| Think they said they need it before the next round of salaries are due which is the 14th. So they'll have a week and the monday is a bank holiday. It will be tight.
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| It's nailed on there will be a fair few 'fake' pledges in the final total, what happens then ? If the collected money doesnt hit the target.
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| Quote: Trinitythefuture "It's nailed on there will be a fair few 'fake' pledges in the final total, what happens then ? If the collected money doesnt hit the target.'"
Eddy and Stevo are going to dye their hair red.
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| What needs to be answered here is the RFL's part in all this. By purchasing the long leasehold of the ground, which will have some intrinsic value they have effectively taken possession of the Bull's only means of security to trade.
It is beyond even the most fervant supporter's belief that the RFL did not have knowledge of the Bull's being £1mill in debt and now having no security for the banks to service this debt.
What is happening now with all these emotional pleas is just smoke and mirrors, the Bull's will enter admin having tried their hardest (!!) to raise the finances to cover the debt and effectively taken the ground out of the equation for the administrators to recover any monies from the leasehold.
More work for Peter O'Hara and Co and a great cover up from the RFL, lets hope for their sake HM revenues don't look further into the lease deal and it's timing!
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| Quote: Jason "www.dailymail.co.uk/sport/rugbyleague/article-511583/Leeds-bankrupt-claim-Bradford.html
How much did this mess cost them £500.000?'" triple it and you'll be in the ball park.
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| Quote: inside man "1895sports.com/the-golden-blog/is-the-end-of-bradford-nigh/
Good article.'"
it is I like this bit from that article
I also don’t remember this much enthusiasm from other Rugby League people when Crusaders and Wakefield were in trouble. While it’s nice to see Steve O’Connor of Widnes pledge £10,000 to Bradford, where was that kind of support when the other two clubs were in strife?
say's it all
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