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| Quote ="Bulliac"To be honest, what we needed wasn't the six points but the lost revenue - and we really needed it before the season started. With the original team, as a settled unit, we were way more than six points better than Wakefield.'"
And the reason you are in the is that it was a team you shouldn't have had in the first place.
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International Chairman | 28357 | No Team Selected |
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| Quote ="Mable_Syrup" .'"
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| You obviously couldn't afford that team as you went into admin. Twice. FA you are deluded. And the sooner Bulls are relegated the quicker you may snap out of it.
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International Star | 1795 | No Team Selected |
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| Good thing that you are not hearing the appeal then as you seem to know what the outcome should be. Or perhaps the concept of force majeure combined with the appeal panel being independent (ie no RFL representation) is a bit too subtle for you.
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| As well as the six points hurting, I think what also really killed us was the length of time we were in Special Measures. The take over took far too long for whatever reason.
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| Quote ="Mable_Syrup"You obviously couldn't afford that team as you went into admin. Twice. FA you are deluded. ...'"
Not that you probably have a clue what one is, but that's a total [inon sequitur[/i. Google it. The administrations were in neither case precipitated by overpaying players, but the background to each admin is well known and so you are either bullting or just trolling.
![Shoot Poster a026.gif](//www.rlfans.com/images/smilies//a026.gif)
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| So just for clarity. You could afford that team, you never went tits up twice and did pay your players on time. Yep, financial stability is what comes to mind when you say Bradford Bulls.
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| Quote ="Mable_Syrup"So just for clarity. You could afford that team, you never went tits up twice and did pay your players on time. Yep, financial stability is what comes to mind when you say Bradford Bulls.'"
FA wasn't talking about pruning bushes. ![Rolling Eyes icon_rolleyes.gif](//www.rlfans.com/images/smilies//icon_rolleyes.gif)
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| Quote ="Mable_Syrup"So just for clarity. '"
You are denser than the average neutron star. You are to clarity what Toulouse Lautrec was to pole vaulting.
Quote ="Mable_Syrup" Yep, financial stability is what comes to mind when you say Bradford Bulls.'"
To you, perhaps, but I think you may be in a minority.
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| Mable - I refuse to believe that you genuinely think we went into Admin twice simply because we had a team we couldn't afford.
I know it's a great throwaway criticism for people to use but you do realise it's a nonsense right?
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| You've gone and done it now, because that is TWO posts for Mable - who can't even spell her own feckin name - to mull over. Given she clearly can't chew gum and walk at the same time, I fear you have now caused brain overload and Mable will be a shivering wreck, crying in a corner somewhere.
Murderer. ![Evil or Very Mad icon_evil.gif](//www.rlfans.com/images/smilies//icon_evil.gif)
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International Star | 1055 | No Team Selected |
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| Quote ="Ferocious Aardvark"You are denser than the average neutron star. '"
![Laughing icon_lol.gif](//www.rlfans.com/images/smilies//icon_lol.gif)
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| Quote ="Ferocious Aardvark"You've gone and done it now, because that is TWO posts for Mable - who can't even spell her own feckin name - to mull over. Given she clearly can't chew gum and walk at the same time, I fear you have now caused brain overload and Mable will be a shivering wreck, crying in a corner somewhere.
Murderer.
'"
My incredulity got the better of me. I genuinely want to know if people seriously think when we went into admin, the second time in particular, that we did so because of our world class star incrusted team.
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| In Mable's case, the first task would be to fire up sufficient neurons for her to actually "think" at all. You never quite know, of course, and there was that parrot once that acquired a vocabulary of hundreds of words, but for Mable to then progress from arguably sentient to "serious" thinking seems, on available evidence, a bridge too far.
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| Well, you know what some people are like FA, like giving a dog a bone, they just don't know when to let it drop..
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International Star | 322 | No Team Selected |
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May 2014 | 11 years | |
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| Quote ="Pumpetypump"My incredulity got the better of me. I genuinely want to know if people seriously think when we went into admin, the second time in particular, that we did so because of our world class star incrusted team.'"
The simple fact is that expenditure grossly exceeded income, and this deficit was not underwritten. Hence administration occurred. Had expenditure and income been more closely aligned, the company may have been able to continue trading.
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| No shìt, Sherlock...
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| Quote ="LeagueDweeb"The simple fact is that expenditure grossly exceeded income, and this deficit was not underwritten. Hence administration occurred. Had expenditure and income been more closely aligned, the company may have been able to continue trading.'"
Wow with such knowledge like that you must be a supreme business man.
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| Quote ="LeagueDweeb"The simple fact is that expenditure grossly exceeded income, and this deficit was not underwritten. Hence administration occurred. Had expenditure and income been more closely aligned, the company may have been able to continue trading.'"
Bear takes roll of Andrex treewards.
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| Quote ="redeverready"Wow with such knowledge like that you must be a supreme business man.'"
Maybe he could run advanced business masterclasses as a fundraiser for the Bulls
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| Quote ="LeagueDweeb"The simple fact is that expenditure grossly exceeded income, and this deficit was not underwritten. Hence administration occurred. Had expenditure and income been more closely aligned, the company may have been able to continue trading.'"
Are you Gerry Sutcliffe
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| Everyone's mocking LD for stating the obvious - just a shame it wasn't so obvious to our various owners
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| I'd suspect, deep down, it probably was, NR.
Trouble is, what's 'obvious' to a dispassionate outside observer isn't always [iquite[/i so obvious to someone more closely involved and all sorts of 'ways round' can look very enticing, and logic then often goes out of the window.You need only look at the success of the payday loans businesses for individuals and the fact that so many other companies go bust to realise that this is really very, very common. As you rightly say, logically it [ishouldn't[/i happen...
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| I think though that the weight of speculation as to why the last Bulls went tits is much more to do with a power struggle, and a way of removing OK? Certainly there has been plenty of comment and suggestion that the administration was planned and engineered, and some have even said the RFL was involvd in the planning. And it is without a doubt that ther must have been SOME preparation in advance, since a prepack was done selling the business on the same day as it went into admin.
Yes we did owe HMRC a sum which was used as the 'reason' for administration but Whitcut tweeted:
Quote When I left the club in November last year, there was no debt to HMRC and the Purchase ledger was running at about £300k- The threat of a winding up petition by HMRC was down to those in charge after I left.'"
If he is right, that is not a club in any obvious danger of going tits. Almost certainly due to the £1m pumped in by OK. While we may never know the full story, one thing we can be fairly certain of - the banal explanation by Dweeb is not even relevant to whatever actually happened.
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| Quote ="LeagueDweeb"The simple fact is that expenditure grossly exceeded income, and this deficit was not underwritten. Hence administration occurred. Had expenditure and income been more closely aligned, the company may have been able to continue trading.'"
Why would they run a business like that knowing the end game could only possibly be administration? Maybe because a too big to fail culture had developed at the club. You can't blame them, no reason to think otherwise considering the RFLs previous level of favouritism. Moral Hazard I believe is the term that applies at least that's what the Bulls thought when they were putting together the 2014 playing budget.
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