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When a governing body is given the power to set rules and implement specific structures within a sport, one of the 1 st things they should do before introducing these rules and structures is to ask themselves ' what if ' ? , it doesnt take a genius to realise that sports clubs by nature will once a rule or structure is introduced, immiediatley try to find a way to break that rule or exploit that structure to gain an advantage

The fact the RFL seem to struggle to do this tells us a lot about it as an organisation, a toothless wonder best describes it

With filed accounts stating a Turnover of £4.6mil in 2010 droppong to £3.9m in 2011, with the same overheads it took no brain specialist to guess what was going to give. The RFL really looked into the accounts when issuing licences out didn't they?

The £500k pledged has been and gone. YOU were told it was a bottomless pit you your pledging to and still did it. Where's the return and loyalty from the Bulls now, its gone on players wages for the last 2.5 months. You were fools to pledge, it was better to buy shares in a Newco, Well at least the Boss of Thomas Cook will be happy sitting on his £15mil wages over the last 4 years while 500 staff are made redundant

Has the collective conciousness of the VT managed to blame the RFL for the combined incompetence of an accountant who can't add up and a lawyer who doesn't understand the law yet?

The emperors clothes are now being seen for what they really are, with only his closest stooges attempting to prolong the charade.
Our game is ripped apart by the direction we have been taken, its time for change and unity by inclusiveness must be our first goal.
The Luddites on here are on borrowed time, the days of pen pushers ruling the world are gone.

[Kosh]

maurice wrote:

The emperors clothes are now being seen for what they really are, with only his closest stooges attempting to prolong the charade.
Our game is ripped apart by the direction we have been taken, its time for change and unity by inclusiveness must be our first goal.
The Luddites on here are on borrowed time, the days of pen pushers ruling the world are gone.

Dream on.

Meanwhile, in an excerpt from the astonishing discovery of some new quatrains by Nostradamus

mauricedamus wrote:

The emperors clothes are now being seen for what they really are, with only his closest stooges attempting to prolong the charade.
Our game is ripped apart by the direction we have been taken, its time for change and unity by inclusiveness must be our first goal.
The Luddites on here are on borrowed time, the days of pen pushers ruling the world are gone.

It has been sent to the cryptic poet, Eric Cantona, who is currently on a trawler tracking seagulls, to see if he can make any sense of it.

[Kosh]

Those questioning how the Bulls were granted a license are presumably flabbergasted that Greece was ever allowed into the Eurozone.

The franchise process involves a review of business plans alonside some basic financial checks, not an in-depth root-and-branch investigation of the commercial viability of the applicant. If someone wants to obfuscate they will do. They'll eventually be found out by events though.

So far as I know, the Bulls did not disclose to the RFL assessors either
(a) that the following year their bank would pull their overdraft; or
(b) that the following year the RFL would buy the Odsal lease and the deal would land the Bulls with a huge VAT bill
(c) that they would not make the playoffs

They would have done, but sadly Mystic Meg has been on unforeseen long term sick leave.

Kosh wrote:

Those questioning how the Bulls were granted a license are presumably flabbergasted that Greece was ever allowed into the Eurozone.

The franchise process involves a review of business plans alonside some basic financial checks, not an in-depth root-and-branch investigation of the commercial viability of the applicant. If someone wants to obfuscate they will do. They'll eventually be found out by events though.

The RFL wouldn't need the likes of KPMG for such an excercise, they may as well just nod their heads ?
Equally, the buying of the lease wasn't just some random "investment" to save an iconic ground from "predators", it was clearly a means of giving the Bulls some cash.
This would indicate that prior to the start of the 2012 season there was trouble at t'mill.
At this point, all parties seemed to have their collective fingers crossed and then came the request for help from supporters etc.
IMO there is no doubt that our sports governing body had knowledge of the problem but the question is, should this episode have been handled bettre ?

Ferocious Aardvark wrote:

So far as I know, the Bulls did not disclose to the RFL assessors either
(a) that the following year their bank would pull their overdraft; or
(b) that the following year the RFL would buy the Odsal lease and the deal would land the Bulls with a huge VAT bill
(c) that they would not make the playoffs

They would have done, but sadly Mystic Meg has been on unforeseen long term sick leave.

Regarding the huge vat bill. This wouldn't come out of the blue.
If vat was received as part of the payment for the sale of the lease, then vat would have been paid to the Bulls by the RFL, which normally would be passed on to HMRC at the appropriate time.