Bradford at risk of Administration... : Wed Jun 13, 2012 9:56 pm  

I understand that the holding company of Bradford Bulls have filed a notice of intention to appoint an administrator (NOITA) with the Courts.

This effectively gives them a two week embargo against any external entity taking action against them but it is very rare that a company that files a NOITA does not end up making an appointment.

Good luck to the Directors and, as a Leigh fan, even more good luck to the passionate supporters of the Bulls.

Re: Bradford at risk of Administration... : Wed Jun 13, 2012 10:03 pm  

What happened to the pledge money? Another body blow will hit the fans next season too when ticket prices go back to the level that a club like Bradford should be charging.

Grade B. Now I understand what the B stands for.

Re: Bradford at risk of Administration... : Wed Jun 13, 2012 10:16 pm  

What does it all mean....................nothing zilch bugger all

I mean Bradford passed the franchise test with flying colours,so they can't be struggling can they not with this wonderful franchise system.

Slap on the wrist 4 pts deduction next year,a promise not to go bust again,company starts up again and super league continues its wonderful progress under the franchise system

Re: Bradford at risk of Administration... : Wed Jun 13, 2012 10:18 pm  

Pipe down you bloody flatcapper

Re: Bradford at risk of Administration... : Wed Jun 13, 2012 10:21 pm  

Oi franchise is the future I mean we have now expanded to err er errrrrrrrrr er france

Re: Bradford at risk of Administration... : Wed Jun 13, 2012 10:30 pm  

Statement from the club TBH, most Bradford fans have been aware that administration was on the cards as soon as Caisley made his power play. Expect to see something a la Ken Bates at Leeds Utd where Chris Caisley buys the club back for £1.

Statement from the club TBH, most Bradford fans have been aware that administration was on the cards as soon as Caisley made his power play. Expect to see something a la Ken Bates at Leeds Utd where Chris Caisley buys the club back for £1.

Re: Bradford at risk of Administration... : Wed Jun 13, 2012 10:31 pm  

jesus-is-coming wrote:

I mean Bradford passed the franchise test with flying colours,so they can't be struggling can they not with this wonderful franchise system.

Not really. If that had been the case, we'd have got a grade A licence wouldn't we?

Re: Bradford at risk of Administration... : Wed Jun 13, 2012 10:36 pm  

Roofaldo wrote: Statement from the club TBH, most Bradford fans have been aware that administration was on the cards as soon as Caisley made his power play. Expect to see something a la Ken Bates at Leeds Utd where Chris Caisley buys the club back for £1. Surely to goodness you new well before then

Roofaldo wrote: Statement from the club TBH, most Bradford fans have been aware that administration was on the cards as soon as Caisley made his power play. Expect to see something a la Ken Bates at Leeds Utd where Chris Caisley buys the club back for £1. Surely to goodness you new well before then

Re: Bradford at risk of Administration... : Wed Jun 13, 2012 10:39 pm  

j.c wrote:

Surely to goodness you new well before then

Well, it was on the cards, but it became nailed on as soon as Caisley kicked up a fuss

Re: Bradford at risk of Administration... : Wed Jun 13, 2012 10:42 pm  

Roofaldo wrote:

Not really. If that had been the case, we'd have got a grade A licence wouldn't we?

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.

Im passing no judgement im just bringing the rfls view forward on the bulls franchise bid