Sadly the existing club is dead, there is nothing that can be done to save it unless someone wants to throw cash at the problem.
A new Bradford can easily be formed, there are enough fans with right financial acumen. It will be bloody hard work but it can be done, on a smaller scale I did something similar, as part of a dedicated team at Fax.....twice!!
The key question is who will the RFL allow to run a new club, play at the stadium and see out the season. Who ever they back wins.
Once the RFL have chosen then the next question is can a plan be produced that will secure the licence or will the team drop in to the championship. Either could happen, and keeping licence would be tough, and perhaps inappropriate, but there will be a future. Start building now