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| Cas are in financial trouble, But we have been losing money for 10 years. Jack Fulton has and will keep the club afloat. We lose about 300k a year. This year will be almost double due to no cup run or decent league table finish.
There are investors waiting in the wings though. Its just a case of getting the current regime to welcome them.
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International Chairman | 14145 | No Team Selected |
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| Quote ="Duckman"[url=http://www.bbc.co.uk/sport/0/rugby-league/18577880Salford looking for investment[/url
the chatter about other clubs is clearly not just chatter.
Maybe I should start a rumour abour 'Fax replacing salford in SL?'"
Indeed, I am, quite sure it is not.
And as for your rumour, craft it well and some of them might even think you too are being serious - but don't irritate them by calling them the Shaymen - I already used that one.
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International Star | 27 | No Team Selected |
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| Tick, tock, tick, tock......
I have an awful feeling that tomorrow we might not know anything more.....
We'll probably get some sort of extension or stay of execution just to pee us all off a little bit longer.
Death by a thousand cuts promoted to death by a million cuts.....
I'd rather all the messing about was over with and somebody finally plays their hand. We are either saved, or the likely route to Administration is finalised. We can then all start to look forwards rather than bickering who/what the hell got us into this mess.
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International Star | 4335 | No Team Selected |
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| See Paul I told you, Dettoriman confirmed it. If it wasn't for a sugar daddy they would be worse than us.
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If that's right then "whoops", don't think that was supposed to be out until tomorrow!!!
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If that's right then "whoops", don't think that was supposed to be out until tomorrow!!!
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Player Coach | 4035 | No Team Selected |
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Dec 2006 | 18 years | |
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| Quote ="johnny freeman fan club"Well they would definatly keep their liscence then as the RFL are big on expansion so moving to Scotland will definatly tick a box.'"
![Smile icon_smile.gif](//www.rlfans.com/images/smilies//icon_smile.gif) plus, we have Many Excellent, knowledgable and positive Bulls supporters in Scotland, could be a good move....is the pitch long enough?
And Adey... ![Laughing icon_lol.gif](//www.rlfans.com/images/smilies//icon_lol.gif) never took you for a fisherman.
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International Chairman | 14145 | No Team Selected |
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Dec 2001 | 23 years | |
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Club Coach | 9550 | No Team Selected |
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| Not a chance that they would let Fax in SL, I mean they have just announced that they have made a profit after their speculative financial predictions.
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| At last a sensible Fax fan.
One who recognises that it is far better to make a profit in the lower leagues, than to incur large and unsustainable losses in SL following speculative financial predictions that prove to be unrealistic, which were fortunately recognised as such before the damage was done.
That WAS what you meant, wasn't it...?
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Player Coach | 8034 | No Team Selected |
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Jan 2008 | 17 years | |
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| Bradford are staying put (for now).
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Player Coach | 3124 | No Team Selected |
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Apr 2006 | 19 years | |
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| Quote ="Duckman"icon_smile.gif plus, we have Many Excellent, knowledgable and positive Bulls supporters in Scotland, could be a good move....is the pitch long enough?
And Adey...
never took you for a fisherman.'"
Fisherman ? No never , but some have said he did take the bait from Hood & Co , hook ,line and sinker. ![WHISTLE eusa_whistle.gif](//www.rlfans.com/images/smilies//eusa_whistle.gif)
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International Star | 4335 | No Team Selected |
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| Quote ="MicktheGled"Bradford are staying put (for now).'"
How do you know this Mick?
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Club Coach | 4010 | No Team Selected |
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Mar 2005 | 20 years | |
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| Quote ="Bulls Boy 2011"How do you know this Mick?'"
Probably from his special friend who is a shareholder but not on the BoD! ![Wink icon_wink.gif](//www.rlfans.com/images/smilies//icon_wink.gif)
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International Star | 4335 | No Team Selected |
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| Ah just a mere 6 hours before I get to know the fate of my beloved Bulls ![Smile icon_smile.gif](//www.rlfans.com/images/smilies//icon_smile.gif)
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Club Coach | 9986 | No Team Selected |
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| No news yet...
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Player Coach | 4035 | No Team Selected |
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Dec 2006 | 18 years | |
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| [url=http://www.thetelegraphandargus.co.uk/sport/sportbulls/9780539.RFL_admit_to_growing_fears_as_Bradford_Bulls_look_to_beat_the_clock/rfl concerns[/url
"They can apply to the courts for the moratorium to be extended but my understanding is that the club aren’t going to seek to do that. "
"“It’s far too early to speculate on what might materialise if the worst happens, simply because each administration is very different.
“Bradford Bulls are an iconic name but there are a lot of things which need to happen for the club to keep going.”
no comment from the club though, just the rfl.
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International Star | 4335 | No Team Selected |
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| -_- great more waiting......
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Club Coach | 1390 | No Team Selected |
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| Looks like the clock has ticked on this.
This hunt for investors is laughable...sport is not an investment if you want a return (you may as well throw your money directly down the drain) and any well-heeled superfan would surely have come forward ages ago to take up sugar daddy status.
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International Chairman | 6038 | No Team Selected |
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Apr 2002 | 23 years | |
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| Quote ="Duckman"[url=http://www.thetelegraphandargus.co.uk/sport/sportbulls/9780539.RFL_admit_to_growing_fears_as_Bradford_Bulls_look_to_beat_the_clock/rfl concerns[/url
"They can apply to the courts for the moratorium to be extended but my understanding is that the club aren’t going to seek to do that. "
"“It’s far too early to speculate on what might materialise if the worst happens, simply because each administration is very different.
“Bradford Bulls are an iconic name but there are a lot of things which need to happen for the club to keep going.”
no comment from Its the club though, just the rfl.'"
very downbeat summary from someone who actually might have some genuine inside knowledge. The quote "as we understand it, no investors have come forward" is grim, seems to contradict the statement that we have £800k lined up.
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International Chairman | 14145 | No Team Selected |
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| Based purely on available information, including the RFL statement in the T&A this morning, if the directors do NOT announce proceeding to administration today, then my speculative guess has to be that they are more worried about the consequences of administration for the future of the club than they are about a winding-up order from HMRC. And are prepared to lose the creditor protection moratorium and take their chances in the face of winding up proceedings being instigated, rather than risk the consequences of administration. It would also suggest that matters have not proceeded as planned.
Or, alternatively (and there is always hope) they are sufficiently confident of raising the necessary funding to be able to accept losing creditor protection for a short period, the two week moratorium having bought time. Maybe.
Conversely, if they DO proceed to administration, they must presumably judge the risks of administration - including any threat to the SL licence and of key players becoming free agents and being recruited by others, to be manageable or acceptable. That would suggest to me a prepack being in place or imminent, and the nod having already been given by the RFL.
But all pure speculation, in the absence of any real hard facts anywhere, so in 12 hours this may just read as so much more out of date off-beam speculative guessing!
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Club Coach | 9554 | No Team Selected |
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| Quote ="Cibaman"'"
I that as meaning whoevers putting the 800k up isn't prepared to put it into the current company where 600k of it will go to hmrc. Would assume the 1.2m figure they keep talking about to see out season includes the hmrc debt. Go through a pre- pack and remove that debt ( or at least only have to pay a percentage of it) and the 800k goes a lot further. Assuming rfl treat us the same asveakey and crusaders and give points deduction rather than revoking license.
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Club Coach | 4010 | No Team Selected |
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Mar 2005 | 20 years | |
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Club Coach | 3859 | No Team Selected |
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| Quote ="Bulls Boy 2011"See Paul I told you, Dettoriman confirmed it. If it wasn't for a sugar daddy they would be worse than us.'"
The point I was getting at is that they're pretty much secure due to new investors supposedly waiting in the wings. Much better position than us right now...
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International Star | 1704 | No Team Selected |
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Aug 2011 | 13 years | |
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| do players become free agents only if they are unpaid for their services...????
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