Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 1:59 pm  

Andy Gilder wrote:

For the umpteenth time in different threads, the RFL do not own Odsal. They own a long lease on the property. I would imagine all they could do is sell the lease, but who is going to want to take on the lease to a sports stadium?

You can say it umpteen times but it doesn't make it any more correct.

The RFL own the leasehold interest in Odsal. Effectively that means they own Odsal.

If you bought a flat, for example, you would own the leasehold, probably on a 999 year lease. You still own the flat though.

HTH,

Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 2:30 pm  

G1 wrote:

You can say it umpteen times but it doesn't make it any more correct.

The RFL own the leasehold interest in Odsal. Effectively that means they own Odsal.

If you bought a flat, for example, you would own the leasehold, probably on a 999 year lease. You still own the flat though.

HTH,

but if you bought a flat and wanted to use it as a nightclub you woul still need to get planning permission. on top of which i'm sure the lease will stipulate what the site can be used for without getting approval from the lessor.

Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 2:43 pm  

Tyke's/Rhinos No. 1 Fan wrote:

As far as I can see, the only realistic survival option for Bradford atm is a move away from Odsal to Valley Parade. The RFL can then sell Odsal off to whatever development its best suited for, and use the money raised as an interest-free loan to Bradford. This should be enough to keep them afloat. However, at the same time they are going to have to cancel a huge number of contracts to reduce players wages. I think Bradford will be saying bye-bye to Kearney, Kear, Platt, Sykes, Pryce, Jeffries, Gale, Sammut, Diskin, L'Estrange, Kopczak, Burgess, Scruton, Hargeaves, Elima, Langley, Whitehead & Bateman i.e. anyone who can get a first team gig somewhere else.

And don`t tell me you think Leeds should buy them all

Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 2:43 pm  

G1 wrote:

You can say it umpteen times but it doesn't make it any more correct.

The RFL own the leasehold interest in Odsal. Effectively that means they own Odsal.

If you bought a flat, for example, you would own the leasehold, probably on a 999 year lease. You still own the flat though.

HTH,

Effectively?

So if the RFL wanted to, they could sell the land to Mowlem who could then build a housing estate on it without the freeholder having any say in the matter?

Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 2:45 pm  

Middleton_Loiner wrote:

From this, it appears there is a real possibility of Bradford going into Devision 1 for the 2013 Season.

That would mean Halifax would most likely come up, and most of the Players that Bradford will lose, will join Halifax.

Why would they join Bradford?
Surely that is a restriction of trade?
What if Halifax could not afford to pay their existing wages?
What if they wanted to join another SL team?

Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 2:47 pm  

The Eagle wrote: They'll finish their 2012 fixtures according to this: http://www.bbc.co.uk/sport/0/rugby-league/18609190 This is possibly the daftest thing I've read during this sorry saga. The idea that the club could be liquidated and a Supporters Trust immediately emerge and seemlessly take over the running of a professional sports club, in mid season, is completely laughable

The Eagle wrote: They'll finish their 2012 fixtures according to this: http://www.bbc.co.uk/sport/0/rugby-league/18609190 This is possibly the daftest thing I've read during this sorry saga. The idea that the club could be liquidated and a Supporters Trust immediately emerge and seemlessly take over the running of a professional sports club, in mid season, is completely laughable

Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 3:02 pm  

chapylad wrote:

Why would they join Bradford?
Surely that is a restriction of trade?
What if Halifax could not afford to pay their existing wages?
What if they wanted to join another SL team?

It's personal/agent choice of course. I was just offering it as an example of what could happen.

Some Super League sides are well stocked in the area of certain positions.

Halifax is close to Bradford, so not much of a Relocation and they will be looking for Super League Quality Players to join their ranks to compete in the Comp.

Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 3:27 pm  

Andy Gilder wrote:

Effectively?

So if the RFL wanted to, they could sell the land to Mowlem who could then build a housing estate on it without the freeholder having any say in the matter?

You need to break down your second paragraph to understand my point.

The RFL could sell the land to Mowlem? They could sell a leasehold interest in the land.

Who could build a housing estate on it? Potentially, yes

Without the freeholder having any say in the matter? No.

Does any of the above mean the RFL don't own Odsal? No, they do. They own the leasehold. The can sell the leasehold.

Ownership doesn't always entitle someone to do as they wish. I am perfectly entitled to own a knife. I am restricted as to when and where I can carry it and am restricted as to what or who I can stick it in. I still own it.

Look no further than Headingley. Leeds CF&A Ltd own it, freehold and all but i suspect there are restrictive covenants in place as to what the land can be used for. restrictions on usage do not mean you do not own it.

Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 3:32 pm  

G1 wrote:

You need to break down your second paragraph to understand my point.

The RFL could sell the land to Mowlem? They could sell a leasehold interest in the land.

Who could build a housing estate on it? Potentially, yes

Without the freeholder having any say in the matter? No.

Does any of the above mean the RFL don't own Odsal? No, they do. They own the leasehold. The can sell the leasehold.

Ownership doesn't always entitle someone to do as they wish. I am perfectly entitled to own a knife. I am restricted as to when and where I can carry it and am restricted as to what or who I can stick it in. I still own it.

Look no further than Headingley. Leeds CF&A Ltd own it, freehold and all but i suspect there are restrictive covenants in place as to what the land can be used for. restrictions on usage do not mean you do not own it.

Psychotic

Re: £££ Bulls Fire Sale! £££ : Wed Jun 27, 2012 4:00 pm  

G1 wrote:

Ownership doesn't always entitle someone to do as they wish. I am perfectly entitled to own a knife. I am restricted as to when and where I can carry it and am restricted as to what or who I can stick it in. I still own it.

You did say "knife" didn't you?

Just checking.