Re: Bradford redundencies : Mon Jul 02, 2012 12:51 pm  

SouthStander.com wrote: If the criteria for kicking a club out of Super League was making losses year-on-year then you may need to look a little closer to home! Indeed, which should have prompted a bad mark on Saints' application and a consultation period between the club, the RFL and independent financial experts where they sought confirmed as to how Saints were intending to cope with such losses. I'll bet there are several clubs in the same boat, and doesn't that indicate a major problem? SL can cope without Bradford, but this is just the tip of the iceberg. The sport is in a complete mess financially, there are too many teams, many of them weak setups, and the sponsorship and TV deals are unacceptable.

SouthStander.com wrote: If the criteria for kicking a club out of Super League was making losses year-on-year then you may need to look a little closer to home! Indeed, which should have prompted a bad mark on Saints' application and a consultation period between the club, the RFL and independent financial experts where they sought confirmed as to how Saints were intending to cope with such losses. I'll bet there are several clubs in the same boat, and doesn't that indicate a major problem? SL can cope without Bradford, but this is just the tip of the iceberg. The sport is in a complete mess financially, there are too many teams, many of them weak setups, and the sponsorship and TV deals are unacceptable.

Re: Bradford redundencies : Mon Jul 02, 2012 1:09 pm  

FearTheVee wrote:

What should the RFL have done? Kicked them out of SL and forced them into Administration earlier?

I fit was obvious that the books presented were 'not' a true reflection of the clubs financial status, then they should have NOT got a franchise, why are they different to any other club.

Re: Bradford redundencies : Mon Jul 02, 2012 1:13 pm  

rover49 wrote:

I fit was obvious that the books presented were 'not' a true reflection of the clubs financial status, then they should have NOT got a franchise, why are they different to any other club.

You haven't seen the books presented, nor have I, so not sure how this line can be taken?

Fact is if the RFL pulled clubs out of SL on the back of poor finances, we'd have about 3 clubs left. Most clubs live hand to mouth.

Re: Bradford redundencies : Mon Jul 02, 2012 1:32 pm  

rover49 wrote:

I fit was obvious that the books presented were 'not' a true reflection of the clubs financial status, then they should have NOT got a franchise, why are they different to any other club.

I am sure that ones of the world's largest & most respected accountancy practises in the world might have a different assessment! You have no idea what KMPG's report to the RFL said... but I suspect it will have been a fair assessment of the financial risks the Bulls were under!

Re: Bradford redundencies : Mon Jul 02, 2012 1:55 pm  

At the moment Bulls still have players (administrator meeting them tomorrow for his decisions...)

But no coaches, trainers, groundsman/kitman, ticket office people.

So on Sunday, there may still be enough players, but they won't be coached, have no kit, the pitch won't be ready and tickets won't have been sold.

No wonder the RFL's vexed...

Re: Bradford redundencies : Mon Jul 02, 2012 1:56 pm  

Real Deal FC wrote: The RFL aren't happy about the news... http://www.therfl.co.uk/news/article/25 ... ford-bulls As has been pointed out numerous times on here , the RFL is not responsible for individual clubs finances , essentially its nothing to do with the RFL , there is no need to inform them of anything

Real Deal FC wrote: The RFL aren't happy about the news... http://www.therfl.co.uk/news/article/25 ... ford-bulls As has been pointed out numerous times on here , the RFL is not responsible for individual clubs finances , essentially its nothing to do with the RFL , there is no need to inform them of anything

Re: Bradford redundencies : Mon Jul 02, 2012 1:58 pm  

the RFL wont be happy as it could make a total farce of the league if the top players are axed and only juniors left. If that happens then surely they cant allow the Bulls to continue as the 8 teams left to play them this year will be facing academy line ups.......

They either finish the season with current squad or their results to date should be expunged to keep credibilty........

Re: Bradford redundencies : Mon Jul 02, 2012 2:02 pm  

Inflatable_Armadillo wrote:

I am sure that ones of the world's largest & most respected accountancy practises in the world might have a different assessment! You have no idea what KMPG's report to the RFL said... but I suspect it will have been a fair assessment of the financial risks the Bulls were under!

....at which point the RFL will probably have said to KPMG "Thanks for that but don't worry about it, we'll vouch for them" or in Aus Speak "She be right, mate".

Re: Bradford redundencies : Mon Jul 02, 2012 2:04 pm  

pie.warrior wrote:

the RFL wont be happy as it could make a total farce of the league if the top players are axed and only juniors left. If that happens then surely they cant allow the Bulls to continue as the 8 teams left to play them this year will be facing academy line ups.......

They either finish the season with current squad or their results to date should be expunged to keep credibilty........

So Leeds lose 2 extra points compared to the rest ?

[Kosh]

Re: Bradford redundencies : Mon Jul 02, 2012 2:08 pm  

Starbug wrote:

As has been pointed out numerous times on here , the RFL is not responsible for individual clubs finances , essentially its nothing to do with the RFL , there is no need to inform them of anything

Good to see you've finally accepted a key point.

However, Bradford are still a member of a competition operated by the RFL and as such have an obligation to fulfil their fixtures. Any action which might compromise their ability to do so should, at the very least, have been communicated to the RFL in advance.