The Death of Bradford : Tue Jun 26, 2012 11:05 am  

The Bulls go into Administration and have TEN day's to find a buyer or go into Liquidation. http://www.bbc.co.uk/sport/0/rugby-league/18554519 It would be a terrible shame to loose the Bulls. How the mighty have fallen. Question - if they go out of business what happens to this years results against them?

The Bulls go into Administration and have TEN day's to find a buyer or go into Liquidation. http://www.bbc.co.uk/sport/0/rugby-league/18554519 It would be a terrible shame to loose the Bulls. How the mighty have fallen. Question - if they go out of business what happens to this years results against them?

Re: The Death of Bradford : Tue Jun 26, 2012 11:39 am  

Expunged from the records. So we'll not have lost that game at Bradford.

Question - If that happens, can Jamie Foster be reinstated to the first team?

Re: The Death of Bradford : Tue Jun 26, 2012 4:35 pm  

Saddened! wrote:

Expunged from the records. So we'll not have lost that game at Bradford.

Question - If that happens, can Jamie Foster be reinstated to the first team?

Exactly, Royce should should get unsacked and Richard Silverwood is not a cheating tw*t. On second thought

Re: The Death of Bradford : Tue Jun 26, 2012 5:08 pm  

Feel for the fans, but they Voted to throw out London, so no real pity for the owners, the RFL purchased the Odsal Stadium (Lease) to help them but what happened to the money, it just evaporated, then the money they raised from Fans? were they ever honest with the RFL?

The game is in a mess, so many of us saw this coming and I feel there is more to come! but we were laughed at, it is The Greatest Game, one with no monies from sponsorship of the game, then a deal for £5 million for electric boarding that has quickly failed, the Sky money goes mainly into players pockets, we struggle to sell tickets for our Exile matches??

Re: The Death of Bradford : Tue Jun 26, 2012 6:57 pm  

jaybs wrote:

Feel for the fans, but they Voted to throw out London, so no real pity for the owners, the RFL purchased the Odsal Stadium (Lease) to help them but what happened to the money, it just evaporated, then the money they raised from Fans? were they ever honest with the RFL?

The game is in a mess, so many of us saw this coming and I feel there is more to come! but we were laughed at, it is The Greatest Game, one with no monies from sponsorship of the game, then a deal for £5 million for electric boarding that has quickly failed, the Sky money goes mainly into players pockets, we struggle to sell tickets for our Exile matches??

The RFL didn't pay the whole sum that odsal was worth as the bulls has already had a loan of the rfl.

Selling odsal to RFL seems to have been huge mistake. Which investors would buy the bulls now when they don't have a ground which is any clubs major asset.

If anyone is silly enough to buy the bulls, what would they be getting for their investment?

Re: The Death of Bradford : Tue Jun 26, 2012 6:59 pm  

St pete wrote:

If anyone is silly enough to buy the bulls, what would they be getting for their investment?

Lots of debt and a few players with little resale value in a bosman world

Re: The Death of Bradford : Tue Jun 26, 2012 7:24 pm  

No1 Saint wrote:

Lots of debt and a few players with little resale value in a bosman world

Correct, the buyer would be buying a squad of players which can basically leave at any time.

Re: The Death of Bradford : Tue Jun 26, 2012 10:16 pm  

Remember Bradford don't own Odsal, neither do the RFL, they only own the lease. It's a long one but it's still a lease.

Re: The Death of Bradford : Wed Jun 27, 2012 12:53 am  

St pete wrote:

Selling odsal to RFL seems to have been huge mistake. Which investors would buy the bulls now when they don't have a ground which is any clubs major asset.

It also means they can't take it away and therefore is still there if they set up a newco after liquidation that could be bought back at some point. (the same was done with Elland Road when Leeds United were screwed)

Re: The Death of Bradford : Wed Jun 27, 2012 8:25 am  

The Bradford Bulls brand does have some value. Maybe not enough to attract a money backer, but it does have some value.