FORUMS > Wakefield Trinity > Bulls in trouble |
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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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| Quote: inside man "1895sports.com/the-golden-blog/is-the-end-of-bradford-nigh/
Good article.'"
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| Quote: snowie "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'"
Yep, says it all mate, we are not big enuf for the top men
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| Quote: bazzo44 "Yep, says it all mate, we are not big enuf for the top men'"
Maybe its all the bull we have served up over the last 14 years of false promise, and struggle, maybe they just thought here they ( we ) go again.
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| Quote: i8no-one "Maybe its all the bull we have served up over the last 14 years of false promise, and struggle, maybe they just thought here they ( we ) go again.'"
There is an element of truth in that, but frankly it pales when a club that has won so much in recent times is begging for 500k to keep it afloat within three weeks.
Truth is any club could have followed the Bulls blueprint, borrow to the hilt, buy success, gamble that you keep winning and when you don't and the whole thing collapses get the begging bowl out.
Even Ted could have managed that, well maybe not the winning bit
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| What we've learned is ex-Wakefield players aren't stupid enough to sell their possessions to 'rescue' a club? I apologise to all those I thought were a bit thick over the years.
I still can't understand why we can see what seemingly no-one else can. It's so odd.
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| Quote: inside man "1895sports.com/the-golden-blog/is-the-end-of-bradford-nigh/
Good article.'"
Yep, can't fault that article.
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| Quote: inside man "t.co/BiUDbHrm'"
Had to laugh at the prophetic ad in that blog celebrating 100 years of the Titanic
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| Quote: inside man "t.co/BiUDbHrm'"
Good article, with the most basic of business lessons, control your costs of go bust.
It sounds very much like the Risdale era at Leeds and quite rightly asks how they could have "passed" the financial checks in the franchising process.
It does make you wonder how much influence the RFL have and are they really governing the sport adequately.
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| With regards the RFL not helping WTW in their hour of need we need to remember back to the start of super league. If you remember all the talk was about a merger between Wakefield and Cas, this was what the RFL really wanted if they are honest, one team in superleague representing this area (including Fev IMO) and anything other than this they did not want to know about. So when Wakefield went into administration i think they thought this is their big chance, dont give any help let them merge with Cas and fev and build one new stadium.
These are my thoughts anyway other thoughts are available
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