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| Quote ="Mirfieldbull"As ever the devil will be in the detail and that detail won't uncover itself for some time I suspect. We have to admit this looks very strange, but I guess most people slagging this deal off are associating it with the RFL and not Super League Europe, which has been pointed out is owned by the clubs, so any supporter of a SL club moaning about this, needs to direct their concerns to their club chairman. One point - will the RFL accept the deal, I assume it will be a conditional offer which the RFL say they won't accept. As somoene who felt the future looked bleak I feel a little less concerned, but only a little, this soap opera will have many more twists and turns yet methinks!'"
It's an unconditional offer from SLE so the RFL will accept it. The RFL are making sure there are no strings attached to any bids and rightly so.
Those people accusing the RFL of everything under the sun should be applauding the way they've handled this deal. This way a club is saved from falling into the wrong hands.
Now every SL club has had a say in this too. Can't say fairer than that surely? If they collectively want to make a bid then that's fair enough.
The issue now is finding a "[iproper[/i" buyer who can take the club from SLE and develop it. We may be safe from imminent liquidation but the long term future is far from secure as I see it.
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| Quote ="Winslade's Offload"Dont agree. This is a stop gap measure to;
Restore some credibility to Superleague
Provide some stability to the players
Get rid of the ABC bid which now looks as though could not put any money in
Allow remaining SL matches to be played
Allow time to see if a 'real' buyer could be found who puts RL 1st and making ££ second
An excellent move I would say.....but we are still not at the end yet.'"
Wonder if Crusaders and Wakefield share your sentiments?
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| Is Bradfords new name The S.L.E Bulls
Your gonna get a lot of that lol
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| Quote ="Winslade's Offload"You could always rename it "the Gasp" instead of "The Scream"'"
Ah, you haven't read it . . . .
Don't worry - nor did anybody else! Except maybe "markfax"
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| Quote ="Duckman"Assuming it does come off, what happens to the HMRC owed monies? held over for the next sale or settled by SL(E)??
'"
While the SLE bid is undoubtedly a sensible, short term option I can only imagine it will involve the setting up of a newco to be sold on.
It's one thing taking over the running of a club, but taking on the liabilities it clocked up would lead to a, fairly justified, outcry.
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| Mea Culpa-- I have been one of the critics of the League and am very pleased they have now acted on the suggestion made by Sadler in this week's RL Express.
It's obviously an interim solution but if the offer is acceptable to the administrator it leaves RL professionals free to headhunt or receive enquiries without a middleman. That gives us some possible outcomes-- not certain but possible:
1.continued SL status
2.continuation of an Academy organisation
3.the reemployment of the coaching staff and essential admin staff
It's the 2 & 3 that are most important to me
It's obvious that some are upset and I can see how you feel the Bulls have been treated as a special case. Let's be blunt-- they have been.
It is difficult to be objective when you have been following a club since the 60's. But I do remember the League helping some of the clubs often mentioned -- in particular didn't the League put in staff to the Crusaders?
But I prefer to think that the majority of RL fans will take the attitude that Carney and Wells expressed on Boots n' All. And given the unanimity of the club's vote perhaps they feel that as well.
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| Quote ="Asim"While the SLE bid is undoubtedly a sensible, short term option I can only imagine it will involve the setting up of a newco to be sold on.
It's one thing taking over the running of a club, but taking on the liabilities it clocked up would lead to a, fairly justified, outcry.'"
Thats what I was thinking, we're getting outcrys anyway, for some of which I can hear the rattle hitting the nursery wall from here. But if SL(E) were to pay the outstanding debt it would indeed be a justified outcry and a crazy precedent. We'll have new owners or no owners before the start of next season.
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| Quote ="Ferocious Aardvark"Ah, you haven't read it . . . .
Don't worry - nor did anybody else! Except maybe "markfax"
'"
Bluddy hell, I needed am electron microscope to see that ! You need to make allowances for the over 60's
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| seems a good move in the short term, though how it would work medium to long term then i dont know. I cant see how they would just let us fold at the end of the season after putting in the money now.
Say if no buyer comes forward and we have to fold, will the other clubs/SLE just write off any monies they have contributed to the deal to take us to the end of the year or whatever
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| Have I missed something?
Everyone is talking about a fait accompli but there's only one person who can sanction a sale of the Bulls, and that's BG.
Long way to go yet IMO.
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| Quote ="Bullseye"It's an unconditional offer from SLE so the RFL will accept it. The RFL are making sure there are no strings attached to any bids and rightly so.
Those people accusing the RFL of everything under the sun should be applauding the way they've handled this deal. This way a club is saved from falling into the wrong hands.
Now every SL club has had a say in this too. Can't say fairer than that surely? If they collectively want to make a bid then that's fair enough.
The issue now is finding a "[iproper[/i" buyer who can take the club from SLE and develop it. We may be safe from imminent liquidation but the long term future is far from secure as I see it.'"
We're in uncharted waters. This was done to get BG out of the way as he was in a position to close everything down.
This is an offer to BG to form a newco. Decision Tue/Wed next week
The contracts will be TUPE'd across.
Old debts will be left behind. But this is the clever bit.
SLE/RFL are only guaranteeing until Nov30th.
The thinking is with BG out of the way that offers will come in which can be considered. The only way to retain the SL licence is to make good a substantial amount of the old debts (like Glover did).
The Sugar Daddies of clubs which make annual losses were set against Bulls walking away from debts and staying in SL. So against it were they that they pointed out it would be easy for them to do the same thing with their clubs - leaving the RFL with the possibility of "scorched earth" up & down the M62.
No offer made, then on 1st Dec the (debt -free) Bulls start life in the Championship.
The SLE/RFL still have to think about Coaching staff, academies, scholars, administration. No decision made on any of these yet. Not actually had time to think about it yet.
Uncharted waters, Interesting times.
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| Firstly, I'd like to say I'm glad the Bulls look to be in the clear. OK, I'm a Leeds fan, but have a few good friends who are Bradford fans. I'm genuinely chuffed to bits for them and the rest of you.
I do feel sorry for fans of other clubs who have entered admin or gone bust. They must be find today's news perplexing at the least.
Obviously the deal still needs to go though and we probably won't know a lot of finer details for a while yet.
Let's hope this mess can be resolved and the whole thing is used as a case-study for the prevention of future club financial problems.
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| Quote ="FearTheVee"Have I missed something?
Everyone is talking about a fait accompli but there's only one person who can sanction a sale of the Bulls, and that's BG.
Long way to go yet IMO.'"
I think he'll be glad to see that back of us.
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| If weren't before, we must now the most hated club in Super League surely?
Morally, we should have gone to the wall, however hard that would have been.
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| Quote ="Bullseye"I think he'll be glad to see that back of us.'"
Indeed.
Gives him a quick and honourable way out, presumably with his bills paid.
Bet the conversations of late between him and the Dark Lord have been not dissimilar to those between Oliver Hardy and Stan Laurel after the latter's frequent bollox-ups...?
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| Quote ="bullsonfire"Morally, we should have gone to the wall, however hard that would have been.'"
Waaah?!
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| Quote ="Adeybull"Bet the conversations of late between him and the Dark Lord have been not dissimilar to those between Oliver Hardy and Stan Laurel after the latter's frequent bollox-ups...?'"
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| The subject is a bit wrong.. we've not been bought yet!
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| I couldnt see a sugar daddy option, so the sugar dadd[uies[/u option was completely off the radar, tho on reflection logical given the chicken-egg situation. nor does this bid exclude some of the other consortiums ideas for increasing income, if they were that good then they are still worth pursuing with the new owners. If I was SLE I would look at the feasibility of creating a better Mancy curry mile for Yorkshire, the Bollywood Bowl (with acknowledgement to the Bollywood Restaurant in Gargrave) or some other cheesy title (oops).
What is important now is the Bulls fans through whatever structure/organisation have as much influence on the future of the club as possible whilst there are owners that genuinely have the clubs interests at heart. BBuilder are the obvious choice to get in there quick and get a foot in the door and start the dialogue, even if they then are replaced by a different fans body.
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| A mere detail Numbers....
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| If MR G accepts- This is a newco...all players we're told contracts void once this season ends and are free to look for new clubs, presumably because bulls will be in championship next season? And the contracts state super league?????
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| micheal platt has just tweeted that their understanding is they will be in champoinship next year unless a buyer can be found
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| Quote ="Bullsfab!"If MR G acceots- This is a newco...all players told contracts void once this season ends and are free to look for new clubs, presumably because bills will be in championship next season? And the contracts state super league.'"
Contracts apply until Nov 30th. We'll know by then whether it's SL or bust...
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| Quote ="andy2210"micheal platt has just tweeted that their understanding is they will be in champoinship next year unless a buyer can be found'"
Was ever thus...
He may have a release clause in his contract enabling him to go. If I were him I'd be keen to stay where I'd got such a good deal in the past.
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| Quote ="Bullseye"A mere detail Numbers....
'"
Well numbers lie at the bottom of all the recent pain - however several posters frequently remark that setting up a club/bid takes a long time - hasn't today's move bought some of that time?
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