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Quote: Sandal Cat "Feel sorry for the fans who were gullible enough to pledge the £500k despite our warnings that all they were doing was allowing the Directors who had got them into the mess to absolve themselves of thier personal guarantees and that Administration was inevitable.

It will be interesting to see how the RL community view this now because I felt that we got very little sympathy except from Tony Smith, and I'm sure there were some that were actually pleased.

As I say feel sorry for the fans but not the people who ran the Club into the mess.'"

the difference was we was ready to start it from the beginning again

as it was the Trust wasn't needed to help take over but it has proven to be a good connect to the club

without you and many others it could of been another story

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It's all Iestyn's fault

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Quote: snowie "'m afraid Bradford after selling off its players will have jack**** and this is all down to the RFL plonker that gave the ok to buy the stadium off them to keep them in the top eight

The RFL didn’t buy the lease off them for that reason though.

Bradford had borrowed some money, as clubs do from time to time, however, they failed to repay any of it, so the RFL realising they were around £400k down & Bradford were in the mire gave them some more cash, but, in exchange Bradford gave them the lease to the stadium.

Unfortunately, the RFL spun everyone a yarn saying they’d done this to stop a predatory approach for the ‘Iconic’ stadium icon_rolleyes.gif .

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Quote: King Street Cat "If what I have heard is true there could be another West Yorkshire team in dire straits this season.'"

I bet there is alot of teams in trouble. How many teams are spending more money than they can afford so they stay in superleague!!!

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rlhttps://therfl.co.uk/licensing/super_leaguerl

Quote: "Bradford Bulls - Grade B

Bradford Bulls provided a solid submission detailing a strategy, tactical plan and targets to achieve improved commercial and financial performance. The club has a solid fan base, a strong brand and good operating structure/governance in place. However the club faces some challenges. These include the local economic environment, poor recent on-field performance and an ageing facility. The application acknowledges these challenges; however the club believes that its business plan for the next three years will move it to a position of sustainability with good prospects for further growth. The club has invested heavily in its youth performance programme in recent years, and it is expected that the club will soon start to reap the rewards of this investment with improved performances and increased numbers of quality club-trained players.'"


Are you sure about that?

Questions need to be asked about the credibility/thoroughnes of the franchise application process.

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Quote: The Devil's Advocate "The RFL didn’t buy the lease off them for that reason though.

Bradford had borrowed some money, as clubs do from time to time, however, they failed to repay any of it, so the RFL realising they were around £400k down & Bradford were in the mire gave them some more cash, but, in exchange Bradford gave them the lease to the stadium.

Unfortunately, the RFL spun everyone a yarn saying they’d done this to stop a predatory approach for the ‘Iconic’ stadium
but the money was used to earlier to invest in players and coach

the RFL's idea was to help replenish what they hadn't got money in the bank

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I feel sorry for the fans not the club management. The number crunchers will have seen this on the radar months ago, a business does not go belly up in a matter of weeks. They were looking to take money of the hard working fans to fill a huge gap in their bank ballence and they must have known it was not going to work. As for the comment that Bradford is "an iconic ground" The ground is e, you need a telescope to read the numbers on the players shirts.

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Quote: grae "I bet there is alot of teams in trouble. How many teams are spending more money than they can afford so they stay in superleague!!!'"

I wouldn't be at all surprised if that was case. Salford pumped in lots of money for their new ground (ditto St Helens, but the difference with Saints is that they have always had and will always have very sizeable crowds there compared to Salford). Hull KR's (long overdue) building work on a new stand may well be burning several holes in their pockets, coupled qith how much they spent on bringing players like Willie Mason and Joel Clinton to the club.

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Quote:Bradford Bulls - Grade B

Bradford Bulls provided a solid submission detailing a strategy, tactical plan and targets to achieve improved commercial and financial performance. The club has a solid fan base, a strong brand and good operating structure/governance in place. However the club faces some challenges. These include the local economic environment, poor recent on-field performance and an ageing facility. The application acknowledges these challenges; however the club believes that its business plan for the next three years will move it to a position of sustainability with good prospects for further growth. The club has invested heavily in its youth performance programme in recent years, and it is expected that the club will soon start to reap the rewards of this investment with improved performances and increased numbers of quality club-trained players.

This really shows the RFL and their license system for the sham it is!!!!

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Quote: kinleycat "This really shows the RFL and their license system for the sham it is!!!!'"


Absolutely! Sounds like their business plan was a complete work of fiction and should have been robustly challenged. The RFL have metephorically kick the tyres of the fanchise application and said "it'll be reet".

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Doesn't say much for KPMG either!!!

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Quote: kinleycat "Doesn't say much for KPMG either!!!'"


We don't know what remit they were given or whether any of their findings were swept under the carpet. If they were told to do a thorough audit and did not highlight their concerns, then I agree, but I think this is unlikely.

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Where are all the ex players and TV personalities who used emotional blackmail to get the Bulls fans into pledging money?

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Just keep Sykes and get Elima IMHO.

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Quote: newwildcat "We don't know what remit they were given or whether any of their findings were swept under the carpet. If they were told to do a thorough audit and did not highlight their concerns, then I agree, but I think this is unlikely.'"


It's true, we dont know but, they did receive a loan from the RFL last season and the RFL then took over the lease on Odsal due to non payment of the loan. Therefore, regardless of the findings during the licensing process, I think its fair to say the RFL knew the true picture but, at the time it would have been unthinkable to "demote" the Bulls and allow Halifax to be promoted.
Even with the benefit of hindsight, it would have been a very difficult call.

162 posts in 12 pages 
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