Excuse my ignorance but how the hell is all that supposed to work? Do we have a whip round every pay day? I can't even afford a season ticket never mind help finance a club.

I have the white flag by my side now. The only thing keeping the majority of the 4k home crowd is the half expectancy that the team might do something on the pitch. Liquidate the club and lose the top player and half of the support will bail. The numbers left will not be enough to finance a club. I'm fearing the worst right now and I'm not sure that I can watch it happen. Somebody please explain how liquidation is a good thing?

The only positives of liquidation is it wipes out our debts (enabling us to start with no money owed) and it releases us from the Odsal lease, leaving the RFL with a lease to a council owned stadium which is no good to anyone.

But in this case the negatives of a liquidation far outweigh the positives. Players will leave, chances of regaining membership to the RFL significantly decreases, possible relegation, no brand as the Bulls will be over, no ground to play from.

Best case scenario for liquidation is the hope that the RFL will let us continue on in the Championship and players decide that this could be a good option for them as the season is close and chances of getting contracts elsewhere are slim at this time of year. This is blue sky thinking though and not a realistic outcome!

I'm pretty certain thata hard-core 4k fan base plus all the others who would become members but don't actually go watching would be putting a lot more money in than some business man who has personal wealth but no more.
I'm also curtain every penny would be accounted for meaning every decision made is in the interest of the club only

People keep quoting people quoting Rangers as a fan owned club, saying we don't have the same size fan base. That's right, we don't. Here are some fairer comparisons: backpagefootball.com/the-top-ten ... -2/100169/ The fans have previously raised more money than any bidders are willing to put up to save the club, by the sound of it. Suggestions that the fan ownership model is some kind of mad dream are only true if that fan base is completely feckless.

People keep quoting people quoting Rangers as a fan owned club, saying we don't have the same size fan base. That's right, we don't. Here are some fairer comparisons: backpagefootball.com/the-top-ten ... -2/100169/ The fans have previously raised more money than any bidders are willing to put up to save the club, by the sound of it. Suggestions that the fan ownership model is some kind of mad dream are only true if that fan base is completely feckless.

Liquidation would kill the club off; no ground to play at, no guarantee of a licence to play in any league, no brand as the bulls would be gone. Then there's all the people the club owed so that would mean no sponsors, no players, no staff, no security, no catering, no financial backers, no merchandise, no players kit, no fans who'd paid for a '17 season ticket. No staff means no academy or community departments so they'll be dispanded too. It's got to the worst case scenario for the club and for rugby in bradford

There will be no "fan run" club. Anyone that thinks that will happen is kidding themselves.

Quote ="GypsumFantastic"People keep quoting people quoting Rangers as a fan owned club, saying we don't have the same size fan base. That's right, we don't. Here are some fairer comparisons: backpagefootball.com/the-top-ten ... -2/100169/ The fans have previously raised more money than any bidders are willing to put up to save the club, by the sound of it. Suggestions that the fan ownership model is some kind of mad dream are only true if that fan base is completely feckless.'" All those clubs have 4,000 or more share holders (adults). Fair enough. Our attendances are about that but how many of that number are children? How many are from sponsors such as Provident etc? How many of our 4,000 plus fans would be able to afford the cost of becoming a member? Or the additional costs that come with it, eg Paying players, stadium requirements, matchday staff, catering etc? How many of those fans work? A lot of their disposable income barely affords season tickets so they are already are at their limit financially of putting into the club. Yes we did raise 500k in a week or so as a one off. It was a great achievement by fans, players, staff and the whole RL family. But that was a one off, owning a club would require this to happen a lot. And that won't happen.

Quote ="GypsumFantastic"People keep quoting people quoting Rangers as a fan owned club, saying we don't have the same size fan base. That's right, we don't. Here are some fairer comparisons: backpagefootball.com/the-top-ten ... -2/100169/ The fans have previously raised more money than any bidders are willing to put up to save the club, by the sound of it. Suggestions that the fan ownership model is some kind of mad dream are only true if that fan base is completely feckless.'" All those clubs have 4,000 or more share holders (adults). Fair enough. Our attendances are about that but how many of that number are children? How many are from sponsors such as Provident etc? How many of our 4,000 plus fans would be able to afford the cost of becoming a member? Or the additional costs that come with it, eg Paying players, stadium requirements, matchday staff, catering etc? How many of those fans work? A lot of their disposable income barely affords season tickets so they are already are at their limit financially of putting into the club. Yes we did raise 500k in a week or so as a one off. It was a great achievement by fans, players, staff and the whole RL family. But that was a one off, owning a club would require this to happen a lot. And that won't happen.

Anyone else wondering if we're set up for 'it was me or liquidation' scenario? Why
did the admin specifically ask for no speculation on bidders, is there something to hide? Seemed a strange request, especially since he was keen to fan the publicity early doors.

Anyway, I'm off out with the family for the day.. I expect to be at least page 450 when back.

Which is why I suggested a Green comeback.
If there is anybody who knows about Administration (although by now we should all be experts) could they answer the following:
He has to raise as much money as possible for Creditors but does that mean we have to be a going concern as a rugbly league club? IF we have had our membership is revoked ARE we a rugby club that is being sold? If somebody wants to buy us but has no intention of reapplying for membership do they still have to pass a proper persons test?
I know these questions seem illogical but what isn't in this whole situation.

Here we go again. A new dawn, a new day, same old Bull**** I would expect

Who actually owns the coral stand? Is it Green? And is Southbank the reason for the charge against the company?

Everyone seems to be going around in circles, me included. We should have a recap page, every 50 pages or so, a bit like they do at the beginning of TV programs. Which immediately brought to mind the comedy Soap which used to do a recap followed by the words 'Confused? You will be'.

I read it as a couple of people want to own the club but don't have the money to pay off the debt and do so. They will invest "some" money if they can have it for free or pay minimal debt. The creditors aren't happy with the minimal payment.

The bids that are left will want so form of assurance what the RFL deal will be if the liquidation route happens. It smacks of someone wanting the club for free with not real consequences other than a points deduction of 12.

Hope it's sorted as time is running out, I think as some point the RFL will need to put a dealing in place if you are going to be re-registers in any comp.

Never forget that the Administrators sole job is to get the best deal for the Crditors. If that is through liquidating the club then so be it. I don't believe he has any obligations to the rugby side of things.

A fans rep on board of directors then fine..
Fan owned wouldn't work.
We need a money backer, I thought irvine was involved with Madjeski?
That would work, multi millionaire develops odsal makes money on investment as we as investing in club, Irvine runs club with successful background with cronulla, lamb runs business side hopefully successfully.

The old I want the club for nothing and will cut cloth , run it on a shoestring will not work.
Unfortunately bulls fans have had success and more would be lost if they are served up mediocrity.

I get the point of struggling to run a club in Div 1 with less supporters but I know a couple of P.A. fans who will just say "that is what we do" and is working fine - to a point - then you need someone to take over and give the club a push.

We could survive. I would definitely leave Odsal and start again with PA and hope between the two clubs we could build a nice little stadium like Fev have done on a very tight budget.
No, it isn't perfect but it would still be "Bradford Northern 2017" and give us some hope and pride back. Then we could look round for a business owner to get involved and build slowly again.

Having read Lambs interview with league express. There seem to me to be two glaring errors in his assumptions. He reckons the RFL will own the franchise if the club is liquidated. Er what franchise os this Richard. He also says the RFL shouldn't mess this one up. Er its not for the RFL to mess up Richard. I feel so sorry for the club and most of all the fans. He also seems to be hinting that he wants to raise funds via the supporters.

Yeah that would work. Especially the way we were kicked in the teeth last time.
So far we have raised money, backed new owners, bought expensive season tickets in Championship to support the club. I really do think that the supporters have done everything they can.

The claims that a fan ownership model wouldn't work are nonsense. It can, and does work work with clubs that are smaller, larger and similar sized to the Bulls.

If those saying it wouldn't work mean we would not be back in Super League in a couple of seasons, then yes, it wouldn't work.

Are players out of contract as soon as they don't get paid?

I would doubt [iimmediately[/i as there are a number of reason, beyond a club's control, as to why this could happen.

Every once in a while there will be a major banking balls up that leads to people not being paid - clubs couldn't allow that kind of risk.

However, I would imagine that there's a period of time after pay day (14 days, perhaps?) after which contacts are voided, or perhaps it could be linked to the number of times this has happened.

Either way, as the club as a viable entity currently doesn't exist, I can't see anybody (officially - the coach will, of course) fighting to keep hold of players. From the administrator's point of view, a few players leaving is less money to be found for wages. So I would have thought that any player wishing to jump ship (and who could blame them) could do so without too much difficulty.

Surely a contracted player is counted as an asset.

What a mess! After 7 weeks of Admin we are left with Hobson's choice

1. Unknown bidder (rumoured to be Leo Group) who appear to want the lease so that they can build some sort of biomass plant on the land. So far as we know, no love for the rugby club, and no indication that they will invest in the club or team

OR

2. Penniless chancer who will take the club if its liquidated, and then get the supporters to pay for it.

Doesn't exactly inspire, does it...?

It's very depressing.

It's even more depressing thinking that there is not one person out there wanting to invest in this club.