Turns out the next club to hit the wall could be Salford if the thread on the VT is to be believed.

This.

May be that the 1/4 million will be made up realistically on the sale of players such as Bateman to Warrington and others elsewhere should the club be taken over? It looks like they may have to build up a depleted squad as the figures don't seem to add up and there isn't a queue of potential buyers.

I presume The Rugby Football League ltd have a responsibility to its shareholders,the shareholders are the RFL(presume thats all the member clubs).
Therefore i would imagine if the directors of the RFL ltd sold the lease back at a loss they would leave themselves open to questions been asked by the shareholders and could face a vote of no confidence?

They should IMO be given a vote of no confidence anyway on the back of numerous bad decisions.

Even if they were can they be forced out?? I suspect they would just do their usual trick and brazen it out, giving us some nonsensical reasons for doing what they did and expect everyone to just swallow it. That seems to be their usual Modus Operandi

Bradford incurred a tax charge for selling the lease to the RFL.

If the RFL sell it on to ABC they will also incur a further tax charge so the cost of the lease should also place this tax burden onto ABC newco, not be borne by the RFL.

ABC have now increased their offer. They've included Naans, a salad and a little polythene bag of some dressing.

I can understand this consortium wanting to guarantee the next two years in S.L, however, it appears they also want to buy the lease back.

Now, do they want to buy it for a lot less than the RFL paid for it, somewhere in the region of £1.5m or perhaps they will pay it back on the never-never a bit like the plan the old regime had with the RFL.

You known the one, where they borrowed £700k a few months after receiving a Grade B licence & failed to pay back a penny piece, hence the purchase of the said lease, not forgetting in the region of another £800k plus the £500k in pledge money, all fritted away!

The RFL are up to their necks in this shambles, no wonder Lewis went off to pastures new. They should insist in recouping all the cash they’ve pumped into this ‘Icon’ via the purchase of the lease & not be philanthropic to a cobbled together consortium who may only be around for a couple of years.

I couldn't agree more.

A journalist has just Tweeted that the RFL will not accept a 'conditional' offer to purchase the Bulls, so maybe they are attempting to play hardball?

From a reputational perspective, I don't see that they can do anything else; if they roll over and flog Odsal to the newco on the cheap, effectively robbing the game of over a million quid, I think that would signal the end of the road for Big Nige and possibly others.

someone on bulls site hinted it could be the hetherintons putting 2 and 2 together is this why the free tickets have been given ?