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| I just read that myself and my first thought was "so this is what's in it for Chalmers and Lowe".
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| If it forces a decision on the Stadium and a rebuild elsewhere............................?
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| As the deal went through and the new club was formed, I submitted a FOI to BMDC legal services on this very issue.
It has been acknowledged and I will post anything I get back on here (if I get answers that is!)
I have a suspicion there could be a sum of money heading toward Red Hall - also suspect it would be used/spent with no consultation - but thats due to my cycnical dislike and mistrust of a certain large person there..
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| Was the break clause introduced when the RFL took over the lease 5yrs ago? Or has it always been there. The piece reads like it's the former.
Does that mean the council can approve any plan that doesn't involve rugby from 2019?
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I noticed the bulls website and message is nla so I googled to see if there was a new one and got this
www.bradfordbulls.ca/
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I noticed the bulls website and message is nla so I googled to see if there was a new one and got this
www.bradfordbulls.ca/
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Quote ="Blotto"I noticed the bulls website and message is nla so I googled to see if there was a new one and got this
www.bradfordbulls.ca/
'"
They haven't messed around signing up players this morning then. However I don't recognise any of those names. How many will be playing for us on Sunday?
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Quote ="Blotto"I noticed the bulls website and message is nla so I googled to see if there was a new one and got this
www.bradfordbulls.ca/
'"
They haven't messed around signing up players this morning then. However I don't recognise any of those names. How many will be playing for us on Sunday?
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| The only thing that ended, to the best of my knowledge, was the obligation to play at Odsal until 2019. The penalty would have been paying back some of the settlement money TO the council. To be honest god knows where wr are with that after all the admins and windings up.
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| Yes. The settlement money had to be repaid up until 2019. But if there's no financial penalty to leave, then that could be construed as a break clause I suppose.
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| Quote ="Old_Northern"Do a WHOIS lookup on "bradfordbulls.co.uk", take particular notice of the Registrant's Address and then look up the Company Number
'"
Yes. They bought it, and plenty of other assets, and sold/will sell to the new company at cost.
That's been widely reported.
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| A mutual break clause is positive. The club is going to work within budgetary constraints. I want that, rather than the "Madness" of trying to get into SL at any cost.
Being prudent over the next Two years gives the club a better understanding of where the club is realistically and the expectations of fans will have form. Which go together.
I also gives Bradford Council time to consider there strategy's going forward. As far as the RFL owning the lease is concerned. Is a weight they must know is unsustainable.
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| Should be interesting to see what happens in the next few years (hopefully we’ll last long enough to see it).
What we need is for club, RFL, Council and someone who wants to develop the site to come together to work out a mutually beneficial solution. The break in the lease should enable that. Ideally the Odsal site is sold for redevelopment and the money used to demolish the Richard Dunn centre and build Leigh Sports Village type stadium with a modern pool/sports centre attached on the same site. The Council get a new sports centre to replace the loss making Richard Dunn centre, the club gets a new home. RFL get some new offices in new stadium maybe. A developer gets a site near some great transport links. Probably money left over too to go into the Council coffers.
I can see someone flying halfway around the world to get a slice of that action – on the proviso they keep the club on the straight and narrow for three years (e.g. as long as stipulated in the RFL criteria for new owners).
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| Quote ="Bullseye"Should be interesting to see what happens in the next few years (hopefully we’ll last long enough to see it).
What we need is for club, RFL, Council and someone who wants to develop the site to come together to work out a mutually beneficial solution. The break in the lease should enable that. Ideally the Odsal site is sold for redevelopment and the money used to demolish the Richard Dunn centre and build Leigh Sports Village type stadium with a modern pool/sports centre attached on the same site. The Council get a new sports centre to replace the loss making Richard Dunn centre, the club gets a new home. RFL get some new offices in new stadium maybe. A developer gets a site near some great transport links. Probably money left over too to go into the Council coffers.
I can see someone flying halfway around the world to get a slice of that action – on the proviso they keep the club on the straight and narrow for three years (e.g. as long as stipulated in the RFL criteria for new owners).'"
Yes off course. I would back that. I moved 170 miles away a few months ago but driving up the M6 saw a sign for Leigh. Well I never paid attention before but it shows what a successful/Modern sports club can do for City/Town. Its early days and we will have to see what number of supporters are going to attend RL in the City and elsewhere. The last regimes were rubbish at selling the RL product. Bullseye that would be an easy sell.
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| Until 31 May 2019 the tenant has to use the playing surface for first team rugby football.
The RFL would be in breach of that, as they don't do any such thing. Their subtenants may do but the RFL don't. So the Council must have consented to a sublease which contained the same proviso (at least).
After the cutoff date, however, the RFL (subject to the rights of occupation of their tenants), and the Bulls (subject to the terms of their sub-lease) can do whatever they want on the land as long as they have planning permission.
I can't remember who'd be responsible for the grant or not of planning permission. Oh, hang on ...
The main Lease runs till 8 Oct 2152, so maybe another 50 - 75 administrations/liquidations going forward.
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| Quote ="Highlander":11mwuquuYes. The settlement money had to be repaid up until 2019. But if there's no financial penalty to leave, then that could be construed as a break clause I suppose.'" retail without it impinging, in any way, on the stadium. That scenario is a far cry from selling it off and moving out.
As I said earlier though, there have been so many changes in companies and then the selling of the lease, so it's impossible to say just what the current lease lays down. Other than the club is still responsible to pay for maintenance and the need for some kind of financial input is just as necessary now as it was then.
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| Quote ="Bulliac"...
As I said earlier though, there have been so many changes in companies and then the selling of the lease, so it's impossible to say just what the current lease lays down....'"
Are you confusing lease and sublease?
Don't think anyone has put up a copy of the new Bulls' sublease, so we only have the few sketchy details from reports (and the rumours that we have a 3 year rent holiday etc) but the original lease (which is currently held by RFL) remains just the same as ever it was.
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| Quote ="Ferocious Aardvark" the Bulls (subject to the terms of their sub-lease) can do whatever they want on the land as long as they have planning permission. '"
Or they could do what they want & hope the Council don't notice? Which technically is not a breach.....
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| Quote ="Ferocious Aardvark"Are you confusing lease and sublease?
Don't think anyone has put up a copy of the new Bulls' sublease, so we only have the few sketchy details from reports (and the rumours that we have a 3 year rent holiday etc) but the original lease (which is currently held by RFL) remains just the same as ever it was.'"
Which, along with the fact that the club were still responsible for all 'upkeep', is what Peter Hood confirmed to a fans forum, quite a few years back.
I've no actual reason to think anything has changed, though I thought it was certainly[i a possibility[/i that something might have changed in all the comings and goings.
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| Quote ="Bulliac"Which, along with the fact that the club were still responsible for all 'upkeep', is what Peter Hood confirmed to a fans forum, quite a few years back.
I've no actual reason to think anything has changed, though I thought it was certainly[i a possibility[/i that something might have changed in all the comings and goings.'"
The point is something may well have changed, if the rumours are true that the RFL have given us a 3 year rent holiday, and they are paying maintenance for the same period. That would be worth an awful lot of money and more than set-off the reduced distribution. (But the change would be the arrangements between lessee (RFL) and sub-lessee (us) and not affecting the Head Lease.
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| RFL's pets.
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| Quote ="Ferocious Aardvark":32lksrd5The point is something may well have changed, if the rumours are true that the RFL have given us a 3 year rent holiday, and they are paying maintenance for the same period. That would be worth an awful lot of money and more than set-off the reduced distribution. (But the change would be the arrangements between lessee (RFL) and sub-lessee (us) and not affecting the Head Lease.'" it will cost considerably less. I'd guess it will be purely essential safety work that's not covered on the insurance.
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| Quote ="Bulliac"Spot on, yes. It would be interesting to know to what level they are going to 'do maintenance' - as, when it was the council's responsibility, it meant that if the RFL changed the ground rules [like, to say for instance, that all grounds must have two stands then it would have been down to the council to put up the necessary money to comply with that. Not that I can see anything like that happening today!
If it's a case of, "well, the painting can wait until next year"[or the year after it will cost considerably less. I'd guess it will be purely essential safety work that's not covered on the insurance.'"
Surely maintenance and upkeep is the responsiblty of the primary lessee...
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