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| The employer would be in breach of the terms and conditions of the issued contract.
Technically a player would be entitled to leave without notice, registering with another SL club may be difficult if the club chose to make it so, unless the RFL concur with the player, usually they are somewhere in the middle which is a bit unhelpful.
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| Quote ="Cibaman"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.'"
I suspect there might well be circa 800k available in some form, but my guess would be these people are unwilling to make the cheque payable to HMRC. Rather wait until other people pick up that tab or its dealt with via admin and then invest.
Very downbeat. I think it might be more important who we're hearing from. The clubs silence is speaking volumes to me.
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| Halifax RLFC Twitter
Quote Oh what a SUPER day. Feeling very SUPER. Looking forward to a SUPER game on Thursday in our SUPER league called the Championship. #Fax2012'"
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| There dreaming!
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| BBC have just reported we are in administration
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| Ross Heppenstall has just tweeted Bulls have entered administration!
Peter Smith YEP Tweets
Bradford Bulls have entered administration. The administrators say they have 10 working days to save the club from liquidation
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| 10 days to save from liquidation.
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| Bradford Bulls have entered administration.
Brendan Guilfoyle and Chris White, from The P&A Partnership, have been appointed joint administrators after the club failed to find the investment needed.
Commenting on the appointment, Guilfoyle said: “We now have just ten working days to save the club from liquidation because there are no funds to carry on longer. “If there is anyone interested in buying the Bulls then we need to hear from them right now because this famous club is now on the brink of extinction.”
Guilfoyle, who was at the club’s Odsal Stadium this morning to give the news of the administration to employees, added: “The directors made every effort to try to save the club within the 14-day timescale issued by the courts but the moratorium ended yesterday without any potential buyer coming forward.”
White and Guilfoyle are partners at The P&A Partnership, a leading specialist business turnaround and insolvency firm with offices across the UK and in London. Guilfoyle specialises in sports’ administrations and has been involved in the administrations of Leeds United plc, Luton Town, Crystal Palace and Plymouth Argyle.
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| So sorry to hear this news guys, really hope Bradford RL stays around
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| [url=http://www.thetelegraphandargus.co.uk/sport/sportbulls/9781870.Bradford_Bulls_in_administration/Bulls in Admin - T&A[/url
Here we go...
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| Embarrassed and disgusted.
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| 10 days? Where's Flash when you need him?
Quote “The directors made every effort to try to save the club within the 14-day timescale issued by the courts but the moratorium ended yesterday without any potential buyer coming forward.”'"
You mean they kicked the old lot out and trooped in without a plan? Well, who'd have thought. "Without any potential buyer coming forward"
On the face of it, that clearly states that there were no negotiations with anybody, at all, it does not say "we had potential buyers but did not do a deal", it bluntly confirms that " no potential buyer came forward".
Hood's comments (if he makes any) would be interesting.
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| Quote ="pjbull"Embarrassed and disgusted.'"
Totally agree!!!
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| Desperately hope someone comes in to invest and you avoid Liquidation. So, so sad all this.
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| Detailed comment and explanation from Caisley, Coulby & Co.:-
Quote =#FFFFFF.
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| Sad for you guys, but as predicted when the old BoD was after your hard earned, all too obvious.
I would be surprised if the mechanics of bringing you out of admin were not already largely in place.
Keep the faith I'm sure you'll be all right in the end!!
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| I still can't help but feel that all those Bradford fans who snapped up season tickets at silly prices are complicit in the demise of a once great club.
I think the best thing to do now is pray an investor comes forward, keep what playing staff you can and build your way back up.
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| Quote ="kinleycat"Sad for you guys, but as predicted when the old BoD was after your hard earned, all too obvious.'"
100% wrong. The old board issued Pledge 2 precisely so that we did NOT go into administration. It worked. As for the rest - well, we'll certainly never know now.
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| Well now is the time when we will see if there was a pre-pack in place all along but have an uneasy feeling we are at ground zero.
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| Just come out of semi retirement to wish you all good luck. Don't care who the club is, we're really all in this together.
Hope something is sorted sooner rather than later.
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| You trying to get an update to what is happening.
You guys have 10 days to save yourselves from Liquidation ie if you dont, there will be no bradford in super league and we will be down to 13 teams for the rest of the season?
I feel so sorry for you guys!
Is it likely that players will be sold to clear debts or are the contracts of these players now void? Or do they go void IF you enter liquidation?
=#FF0000**edit**
ps Was that Halifax tweet that was on the other thread from the official Halifax channel? If so that was in bad taste!
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| As a Wigan fan who donated to the club, I feel that they have let all of the fans down. A little honesty when they were handing round the collection plate would have been nice, rather than to find out there was no chance of repreive after a few hidden debts were discovered, all a bit underhand, a lot disrespectful and not fitting for a club of such stature to be faced with such ransid mismanagement.
I hope the club pulls through, for the fans and players sake,
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