WWW.RLFANS.COM • View topic - Latest financial situation - all posts here

Board index Kingstone Press Championship Bradford Bulls - RedAmberandBlack.net Latest financial situation - all posts here

 

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 12:59 am
Bulls Boy 2011 User avatar
Free-scoring winger
Free-scoring winger

Joined: Sun Jan 09, 2011 9:44 pm
Posts: 2459
Location: Shipley, Bradford
Ah just a mere 6 hours before I get to know the fate of my beloved Bulls :)
BULLSBOY2011:
'Pain is temporary, Pride is forever!'

Bradford Bulls Fan Since Birth :)

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 5:51 am
debaser User avatar
Silver RLFANS Member
Silver RLFANS Member

Joined: Fri Mar 11, 2005 3:54 pm
Posts: 9155
Location: Here
No news yet...
(and I feel fine)

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 6:14 am
Duckman User avatar
Bronze RLFANS Member
Bronze RLFANS Member

Joined: Thu Dec 07, 2006 9:38 pm
Posts: 3586
Location: Somewhere ironically iconic
rfl concerns

"They can apply to the courts for the moratorium to be extended but my understanding is that the club aren’t going to seek to do that. "

"“It’s far too early to speculate on what might materialise if the worst happens, simply because each administration is very different.

“Bradford Bulls are an iconic name but there are a lot of things which need to happen for the club to keep going.”


no comment from the club though, just the rfl.
The Iconic Odsal stadium, home to the Iconic RFL brand the Bradford Bulls...

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 6:27 am
Bulls Boy 2011 User avatar
Free-scoring winger
Free-scoring winger

Joined: Sun Jan 09, 2011 9:44 pm
Posts: 2459
Location: Shipley, Bradford
-_- great more waiting......
BULLSBOY2011:
'Pain is temporary, Pride is forever!'

Bradford Bulls Fan Since Birth :)

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 6:33 am
bullsonfire Free-scoring winger
Free-scoring winger

Joined: Mon Apr 11, 2005 3:30 pm
Posts: 1289
Looks like the clock has ticked on this.

This hunt for investors is laughable...sport is not an investment if you want a return (you may as well throw your money directly down the drain) and any well-heeled superfan would surely have come forward ages ago to take up sugar daddy status.
From Goebbels' Newsroom at 9...

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 7:16 am
Cibaman Silver RLFANS Member
Silver RLFANS Member

Joined: Wed Apr 10, 2002 1:49 pm
Posts: 6005
Location: Bradford
Duckman wrote:
rfl concerns

"They can apply to the courts for the moratorium to be extended but my understanding is that the club aren’t going to seek to do that. "

"“It’s far too early to speculate on what might materialise if the worst happens, simply because each administration is very different.

“Bradford Bulls are an iconic name but there are a lot of things which need to happen for the club to keep going.”

no comment from Its the club though, just the rfl.


very downbeat summary from someone who actually might have some genuine inside knowledge. The quote "as we understand it, no investors have come forward" is grim, seems to contradict the statement that we have £800k lined up.
Last edited by Cibaman on Tue Jun 26, 2012 7:22 am, edited 1 time in total.

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 7:19 am
Adeybull User avatar
Gold RLFANS Member
Gold RLFANS Member

Joined: Sat Dec 22, 2001 12:04 pm
Posts: 14145
Location: At the Gates of Delirium
Based purely on available information, including the RFL statement in the T&A this morning, if the directors do NOT announce proceeding to administration today, then my speculative guess has to be that they are more worried about the consequences of administration for the future of the club than they are about a winding-up order from HMRC. And are prepared to lose the creditor protection moratorium and take their chances in the face of winding up proceedings being instigated, rather than risk the consequences of administration. It would also suggest that matters have not proceeded as planned.

Or, alternatively (and there is always hope) they are sufficiently confident of raising the necessary funding to be able to accept losing creditor protection for a short period, the two week moratorium having bought time. Maybe.

Conversely, if they DO proceed to administration, they must presumably judge the risks of administration - including any threat to the SL licence and of key players becoming free agents and being recruited by others, to be manageable or acceptable. That would suggest to me a prepack being in place or imminent, and the nod having already been given by the RFL.

But all pure speculation, in the absence of any real hard facts anywhere, so in 12 hours this may just read as so much more out of date off-beam speculative guessing!

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 7:25 am
mat Silver RLFANS Member
Silver RLFANS Member

Joined: Wed Jun 22, 2005 7:07 pm
Posts: 8877
Location: bradford
[quote="Cibaman"][/quote]
I that as meaning whoevers putting the 800k up isn't prepared to put it into the current company where 600k of it will go to hmrc. Would assume the 1.2m figure they keep talking about to see out season includes the hmrc debt. Go through a pre- pack and remove that debt ( or at least only have to pay a percentage of it) and the 800k goes a lot further. Assuming rfl treat us the same asveakey and crusaders and give points deduction rather than revoking license.

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 7:26 am
Blotto User avatar
Bronze RLFANS Member
Bronze RLFANS Member

Joined: Sat Mar 05, 2005 11:16 pm
Posts: 3629
Location: 2.5 hrs North of Newcastle. 8 hrs South of Brisbane
The phrase politically correct is in itself politcally incorrect so should be rephrased politically stupid!

If you like old type radio comedy/ dramas etc listen to http://pumpkinfm.com/


Statistically speaking you have a better chance of getting dead the older you get!

Re: Latest financial situation - all posts here

Post Tue Jun 26, 2012 7:35 am
Paul124897 User avatar
Bronze RLFANS Member
Bronze RLFANS Member

Joined: Wed Feb 09, 2005 6:58 pm
Posts: 3830
Location: Manchester
Bulls Boy 2011 wrote:
See Paul I told you, Dettoriman confirmed it. If it wasn't for a sugar daddy they would be worse than us.


The point I was getting at is that they're pretty much secure due to new investors supposedly waiting in the wings. Much better position than us right now...
PreviousNext

Who is online

Users browsing this forum: ATS1, bobsmyuncle, Bostwick, bullsonfire, CanaBull, childofthenorthern, Dannyboywt, daveyz999, DrFeelgood, dummyrunner, Highlander, His Bobness, mystic eddie, paulwalker71, redeverready, RickyF1, ridlerbull, roofaldo2, rugbyreddog, Surely not, tackler thommo, vbfg, victarmeldrew and 269 guests

Quick Reply

Subject: Message:
   

Return to Bradford Bulls - RedAmberandBlack.net


POSTSONLINEMEMBERSRECORD (DATE)
4,486,2471,75175,5834,491 (28-03-2016)
Google Analytics Unique Monthly Users : 118,226 (May 2016)
DOWNLOAD OUR NEW ANDROID APP CLICK HERE!
YOUR CLUB : Wakefield Trinity Wildcats
R
L
F
A
N
A
L
Y
T
I
C
S


Wakefield Trinity Wildcats
Change these prefs/or turn this off...

FIXTURES/RESULTS

W/D/L DATE COMP HOME AWAY
L Fri 23rd Sep SL STS 32 12 WAK
L Thu 15th Sep SL WAK 12 18 HFC
L Fri 9th Sep SL WAK 10 14 CAT
L Fri 2nd Sep SL CAS 46 22 WAK
L Sun 21st Aug SL WID 40 8 WAK
L Sun 14th Aug SL WAK 10 38 WAR
L Fri 5th Aug SL WIG 60 12 WAK
L Sun 24th Jul SL WAK 20 46 CAS
W Sat 16th Jul SL CAT 28 30 WAK
L Fri 8th Jul SL WIG 22 18 WAK
L Sun 3rd Jul SL WAK 32 44 STS
L Fri 17th Jun SL WAK 6 32 LEE
W Sun 12th Jun SL HUD 2 10 WAK
L Thu 2nd Jun SL WAK 16 54 HKR
L Fri 27th May SL SAL 38 8 WAK
W Sun 22nd May SL WAK 25 24 CAT
W Sun 15th May SL WAK 36 28 WAR
W Sun 8th May CC2016 WAK 40 22 TOU
W Fri 29th Apr SL WID 16 18 WAK
L Sun 24th Apr SL WAK 28 46 HFC
W Fri 15th Apr CC2016 WAK 44 10 SHE
W Sun 10th Apr SL WAK 62 0 WIG
W Sat 2nd Apr SL WAK 32 18 SAL
W Mon 28th Mar SL LEE 16 20 WAK
W Fri 25th Mar SL WAK 36 22 HUD
L Fri 18th Mar SL HFC 22 4 WAK
L Fri 11th Mar SL STS 44 4 WAK
L Sun 6th Mar SL WAK 28 42 CAT
L Fri 26th Feb SL WAR 34 16 WAK
W Sun 21st Feb SL HKR 12 14 WAK
L Sun 14th Feb SL CAS 40 6 WAK
L Sun 7th Feb SL WAK 16 24 WID
Tab two Tab three

Copyrite RLFanalytics 2016
LOGIN HERE
or REGISTER for more features!.
  4th Feb : 15:00
CH-R1
TOULOUSE
v
BATLEY  
  5th Feb : 15:00
CH-R1
HULL KR
v
BRADFORD  
  5th Feb : 15:00
CH-R1
SWINTON
v
LONDON  
  5th Feb : 15:00
CH-R1
ROCHDALE
v
DEWSBURY  
  5th Feb : 15:00
CH-R1
OLDHAM
v
SHEFFIELD  
  5th Feb : 15:00
CH-R1
HALIFAX
v
FEATHERSTONE  
  9th Feb : 20:00
SL-R1
ST. HELENS
v
LEEDSTV  
  10th Feb : 20:00
SL-R1
WIDNES
v
HUDDERSFIELD  
  10th Feb : 20:00
SL-R1
CASTLEFORD
v
LEIGHTV  
  11th Feb : 15:00
SL-R1
SALFORD
v
WIGAN  
  11th Feb : 18:00
SL-R1
CATALANS
v
WARRINGTONTV