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| According to a tweet from Martyn Sadler a few minutes ago:
Martyn Sadler @MartynSadler
Quote Two consortia, neither of them connected to Chris Caisley, are putting together bids to buy Bradford Bulls. Caisley is also in the frame.'"
Wonder what he's heard?
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| We should have all bought a ticket for the euro millions you never know.
I also wonder would the board with hood have done any better in the circumstances, hope the two consortia get in first before there isnt anything to buy
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| Absolute statement from BG
“I cannot state strongly enough that I am not speaking to any former directors or shareholders or anyone who has ever acted as a director, about buying the club."
So that ends the Caisley conspiracy theories
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| May be a fresh start then with the consortiums
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| Quote ="bobsmyuncle"Absolute statement from BG
“I cannot state strongly enough that I am not speaking to any former directors or shareholders or anyone who has ever acted as a director, about buying the club."
So that ends the Caisley conspiracy theories'"
I strongly suspect that when his lips move he is telling an untruth.
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| But [isomething[/i must have reached Sadler's ears; therefore was hoping that some of the more finely tuned antennae hereabouts may have also picked up some names they may like to share
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| it sounds to me like he is talking about the bulls directors and that maybe others who have no affilitation to the club are interested
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| I've heard its a consortium lead by Duncan Preston and George Galloway. That's why we haven't heard much from them lately.
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| Quote ="bobsmyuncle"Absolute statement from BG
“I cannot state strongly enough that I am not speaking to any former directors or shareholders or anyone who has ever acted as a director, about buying the club."
So that ends the Caisley conspiracy theories'"
only means he hasnt spoken to him YET, also specifically says spoken, brendon may not have grasped voicemails yet but pretty certain he'll be able to use email. Guess we'll find out one way or another when this mess is all over though.
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| Lets hope BG answers his phone this time...
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| I suspect the key word here is "buying".
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| Many have posted regarding the apparent inability if these potential interested parties to contact the administrator. It seems to me to be simple advice that they should contact him through the T & A. They could keep their anonymity with the promise to the T & A of exclusive access once the bid is acknowledged and they are happy to go public. If as some suspect BG is deliberately not giving equal access to all parties (or none as he would have it) then the T & A have a rather different story.. If there is more than one bid BG will be accountable for his decision why he chose the eventual successful one.
If the T & A had been as active in it's efforts to save the Bulls as it has been with City (don't get me wrong City fans -- that's what a local paper should do) then we perhaps would have had an independent fund made up of fans money ready to invest with the proviso that there was some supporter input into the newco.
And yes I know I'm being optimistic-- there might not be any bids and all the talk and speculation may have been hot air. But I prefer to keep a glimmer of hope....
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| Martyn Sadlers tweets say the two consortium he mentioned being interested are from a very reliable source and do not involve caisley [ior [/ianyone from Greenwoods. Interesting.
Wonder whats next in the saga?
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| There are 3 bids by my reckoning.
1. Caisley and Co
2 and 3. The two Sadler are referring too.
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| Quote ="Bulls Boy 2011"There are 3 bids by my reckoning.
1. Caisley and Co
2 and 3. The two Sadler are referring too.'"
you are good , no really
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| I was being sarcastic but didn't seem to come across that way hmm :/
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| Although someone in the Taliban comments, thought they had seen a lot of pigs flying about, I hope not as there could be riots in certain parts of the City
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| Quote ="Duckman"Martyn Sadlers tweets say the two consortium he mentioned being interested are from a very reliable source and do not involve caisley [ior [/ianyone from Greenwoods. Interesting.
Wonder whats next in the saga?'"
He's been saying this for best part of a week. Sadler's normally pretty reliable and not outright gossipy but one wonders what they're hanging about for.
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| Quote ="M@islebugs"...one wonders what they're hanging about for.'"
Indeed. The longer this goes on the worse for everyone.
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| potential buyers are most likely waiting to see the full extent of the liabilities........if they buy now do they still owe the taxman and other creditors..??
Do they bid on condition of a CVA being agreed (not likely if it is down to HMCR)
Or do they wait for liquidation and buy with no debts.....who knows.....
whatever scenario you can bet that BG gets paid in full before any other creditors....
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| If we go into liquidation there is nothing to buy as there is no club.
It would mean starting a new club from scratch. We'd need to sort out a whole new squad, staff, arrangements for training, ground to play matches at, contracts with suppliers etc etc.
Not something that could be done in the space of a few weeks.
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| Liquidation is a total disaster.
The cynic in me says they're waiting until Guilfoyle has rid the club of as much salary/employee liability as he possibly can. Duffy, Duckett and Medley have all done long stints on salaries we can only guess at with the figure of 600k a year reportedly being saved by the redundancies. If you didn't want to go forward with these guys the cost of getting shut would be enormous. It's probably as significant as the HMRC liabilities.
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| Quote ="M@islebugs"Liquidation is a total disaster.
The cynic in me says they're waiting until Guilfoyle has rid the club of as much salary/employee liability as he possibly can. Duffy, Duckett and Medley have all done long stints on salaries we can only guess at with the figure of 600k a year reportedly being saved by the redundancies. If you didn't want to go forward with these guys the cost of getting shut would be enormous. It's probably as significant as the HMRC liabilities.'"
what are the actual options........
enough money to clear all creditors plus a bit of working cash flow....how much is that
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| Quote ="M@islebugs"Liquidation is a total disaster.
The cynic in me says they're waiting until Guilfoyle has rid the club of as much salary/employee liability as he possibly can. Duffy, Duckett and Medley have all done long stints on salaries we can only guess at with the figure of 600k a year reportedly being saved by the redundancies. If you didn't want to go forward with these guys the cost of getting shut would be enormous. It's probably as significant as the HMRC liabilities.'"
You can actually have a good stab at Duckett's salary from the 2010 accounts.
I understand that if you did, your calculation would not be much adrift.
And you might be very surprised at what you come up with. I was.
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| Quote ="Adeybull"You can actually have a good stab at Duckett's salary from the 2010 accounts.
I understand that if you did, your calculation would not be much adrift.
And you might be very surprised at what you come up with. I was.'"
go on....
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