just read that, looks like it's all roses doesn't it?

I cant see what £500,000 or even a million pounds is going help that situation? sounds like a drop in the ocean to me!

Ha!! All becomes clear. Save the club and save the Directors having to pay out under the personal guarantees!!

there are so many holes in that statement about the bank it is unbelievable!!!

odsal was an assett of the club, the bank would have lent money on what the club had assets, when the club sold the assets, the bank have less chance of getting the money back, so cut the overdraft.

also the coral stand 3.4 million - a bit over the top for when it was built!!

Good spot.

Thats exactly what it is ! Bail out the BOD who have pi$$ed all the money away and then let them do it again in 12 months !!

Many of us on here have posted on the Bulls forum and tried to convince them not to waste their money on the people ruining their club but it appears they have fallen on deaf ears !

Just let them get on with it now - its their mess and their choice of whether to part with their cash.........

Lets just concentrate on Wakefield Trinity Wildcats...........

some bloody cheek i'd suggest. ted must be kicking himself, these crooks may just have the pr to pull it off.

Think you're right on that - they may well get the terminally stupid to bail them out - that's them not the club.

Did you enjoy your cake?

Just been watching touchline on SLTV, I'm still shocked at the amount of support from the media about the Bulls financial situation, when we got zero in more or less the same type of scenario.
It makes me sick that they would quite happily let us fade away and be forgotten about, while because the Bulls have had recent success we should all dig deep and get them out of the mess. Why are they more important to SL than WTW ???
On a positive note Fox got into the top 5 tries !!! Feed the Fox !!!

It does make you wonder why, its no doubt seen as a big club, can't be any other reason BUT all it does is makes us STRONGER.

I find it hard to offer my support to anyone else other than Trinity and its a shame when we feel like that but reading stuff about the Bulls make me feel that way.

You may as well pop to your local Game shop and give the kids behind the counter some money because bad management has sent the company into administration and they'll find it a lot harder to find work than a bunch of rugby players.

There will still be rugby in Bradford even if this company goes out of business, the fans will still have a team to support and if the players are good enough, they'll stay in work. Tough, that's life.

Said previously the Bulls will come out of this smelling of Roses-apart from feeling sorry for the genuine Bulls supporters, I personally couldn't give a toss about the club but in any event they will not be allowed to fold. The worst they can fear is going into administration like us. If they did that I wouldn't complain it certainly gave us a fresh start and new hope.
What I cannot stomach is all the sympathy thrown their way. They got in the mess let them get out of it!
If all fails I'm sure clubs like Halifax will be watching the situation very closely!

Yes.
I like to think of myself as a fair minded soul, but there does seem to be excessive sympathy for the Bulls when in fact with all the success they have had they should still be flying, not in the mire.
Was sympathetic at first ,but it is being eroded away.
I agree, as someone stated, makes us stronger.

The statement from Peter Hood about the Natwest role in all this makes things either less, or more clear, depending on your viewpoint.

Being a cynical soul, my own view is that the current begging exercise is an attempt to avoid the bank calling in the personal guarantees of members of the BoD; in that way, it could be viewed as saving a few individuals, rather than saving the Bulls. As for the Coral Stand being worth £3.6 million - that's tosh; Mr Hood appears to be one of those people who believes that things are true simply because he thinks they should be.

In the end, I believe the exercise will fail and that they'll go into administration anyway - hopefully that will happen before the 'pledges' turn into actual money; I wouldn't like to see a load of decent Bulls fans ripped off. Maybe Messrs O'Connor, Peacock & Pryce could use the money they've been raising to benefit the young player who needs urgent cancer treatment?

Very good point Bren. I'd rather save the Eastmoor lad.