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FORUMS > Hull FC > O/T Bradford Bulls Sold......But now back in Administration
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Quote: the artist "are their players effectively free agents now? is there still a business/club who owns them and their contracts? or do the administrators control all aspects of player contracts now?'"
If the reports are to be believed then they were TUPE'd across when BB2014 gained their 28 day licence.
They would still therefore be on the books of BB2014 I would imagine. They CANNOT return to OKBulls due to OKBulls being in admin so effectively they are not part of the Bradford Bulls going forward as the company they are contracted to no longer has any connection to said club due to them pulling out.

It's a total mess. I cannot see how those players can play for Bradford Bulls unless they play for free.

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Quote: Anakin Skywalker "If the reports are to be believed then they were TUPE'd across when BB2014 gained their 28 day licence.
They would still therefore be on the books of BB2014 I would imagine. They CANNOT return to OKBulls due to OKBulls being in admin so effectively they are not part of the Bradford Bulls going forward as the company they are contracted to no longer has any connection to said club due to them pulling out.

It's a total mess. I cannot see how those players can play for Bradford Bulls unless they play for free.'"


As you say Anakin, a total mess. What I don't understand is how can the TUPE have been allowed to go through until the sale was official?

I feel very sorry for the Bulls fans, the players and the staff. Worrying times.

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So who is taking Carvell to court now?

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Quote: Doc Brown "As you say Anakin, a total mess. What I don't understand is how can the TUPE have been allowed to go through until the sale was official?

I feel very sorry for the Bulls fans, the players and the staff. Worrying times.'"
I assume the administrator was happy with the offer (Best on the table), The RFL gave them a 28 day licence and everything looked rosey so it was all waved through so they didn't miss the start of the season (That would have been the death of the club which helps nobody).
Then the RFL looked again and started asking questions and when it looked likely that it was just going to be another borrowing on the club instead of investment they gave maximum penalties and BB2014 withdrew with the staff already contracted to them.

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I think the "total mess" can be summarised in the statement made by the administrator on 31st January....

Quote: total mess "OK Bulls Ltd was this morning placed into administration......
On behalf of DFW Associates, Mr Wilson said.
The club went into administration and was sold on the same day (subject to the RFL agreeing to the sale).

The normal cause of events would see the administrator looking for potential buyers of the company over a number of weeks. When the RFL became involved a 28 day temporary licence was issued allowing the administrator to start looking for other interested parties. Most odd.

Seems to me that the administrator tuped a bit too soon.

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Quote: Chris28 "So who is taking Carvell to court now?'"


No one at a guess.

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There has been a lot of winging about Bradford being put into "Special Measures".

If you read rlthe first pagerl of the RFL Financial Matters document, it seems perfectly reasonable that this was to be enforced.

All the RFL wanted (was obliged) to do was make sure that Bradford was doing what they said they would do, and in a financially sustainable manner.

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Quote: hullbg "Now they have gone BACK into administration does that mean they will be docked points again?'"

Technically they never actually left administration, so no further penalty applies.

It's messy enough in any case TBH.

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I wonder what Luke Gale's new, improved contract is worth now?

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Richard Lamb to make a new bid now.

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Quote: Jake the Peg "No youth policy? 3 of the burgess boys, bateman, whitehead, kopzcack to name a few who wouldn't look out of place in any SL team'"


And they are where?

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Good point that. The two or three players per year who were coming through the academy into the first team now being elsewhere refutes any notion that there was ever a youth policy.

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Quote: Diablo1967 "And they are where?'"

I'm going to assume that your point is that Bradford didn't exclusively stick with the youth they developed and had the temerity to sign players from outside the club? Like pretty much every other side in SL?

All the players that JTP listed chose to leave the club or were sold due to financial constraints during the recent crises. None were binned off in favour of external signings.

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Quote: ccs "Interesting article, which didn't stay on the Bradford website for long......

Quote: ccs "31st January 2014

BRADFORD BULLS officials have this afternoon announced that the club will not suffer a points deduction, as a result of its former operating company entering administration.

OK Bulls Ltd was placed into administration this morning but the club has since been purchased by Bradford Bulls 2014 Ltd.

And, on behalf of the new board of directors, chairman Mark Moore has confirmed that the Bulls are to remain a First Utility Super League side and will start the new season on zero points.'"
'"
Sounds like this mis-timed announcement is about to cause a minor earthquake.

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Quote: ccs "Sounds like this mis-timed announcement is about to cause a minor earthquake.'"

Why?

145 posts in 11 pages 
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Subscribe | Moderators: Admin, Kosh , Roland_R , Karen
145 posts in 11 pages 
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Subscribe | Moderators: Admin, Kosh , Roland_R , Karen



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