Is it possible to quite so selective as to which creditors are protected from the effects of Administration? Wouldnt HMRC be able to block an Administration which is so biased against them?

Common sense prevails, along with McLaren Fields point about administration.

I think Glover honoured the suppliers even when he didn't need to as an act of goodwill.

Maybe we're jumping the gun here. The current board are getting the message out there that CC will take over and immediately put the club into admin.
1, We're caught in a maelstrom of rumour and counter scare story and I wouldn't trust anything at the moment.
2, Maybe admin is where the club should be to safeguard the club and its staff whilst there's still enough of the business left.

Without the figures it's a guessing game!

Interesting point about CC not being a fit and proper person according to Bennett. Is this based on anything other than he doesn't like him? Or was there a 'bringing game into disrepute charge'?

Fair points as ever Maislebugs. And let's be perfectly honest here, what Nigel Wood thinks of CC is actually irrelevant to a degree given the game needs a strong Bulls model and moreover it would be a brave governing body to decline an alternative viable solution in comparison to the current state of the club.

As for Bennetts view of CC, he obviously has no qualms about letting his emotion and personal jaundiced views affecting what may well be a positive solution for the club. Brave his similarly to step into the arena of potential libel. But that's his choice.

Given the perception of some fans of CC, and indeed the extreme vitriol verging on personal obsession and, to coin a phrase, agendas by proxy toward him, perhaps it is worth seeing his next move, if there is one before we feed him to the lions.

And to clear up any confusion for some posters, it is very clear that I am not Chris Caisley. Nor any representation of him by proxy or otherwise. Nor am I any other of the suggestions that have been spuriously mooted. The obsession with this is embarrassing. I have my views that I have aired, as others rightly have on theirs. That's what a democracy allows us to do. To suggest they are any more agenda based than anybody else's strong views is thoroughly incongruous. Or, more simply, get a grip.

So .. is it implied that the current regime will collect all the pledges, pay off any current debts, CC will then have a EGM, force out the current regime, wait for the next set of bills and then go into administration?

Sounds like a likely scenario, caisley to the rescue, fantastic!

So initially we had two options, i) raise £500k or be ii) go into Administration. We now have option iii) Both of the aboce. Only in Bradford.

Great

Why would anyone want this to happen? Or think this is for the good of the club?

Can Chris Caisley force out the current regime, is it possible?

Without administration the chairman will be either Hood or Caisley with Agar's shares effectively making him "kingmaker".
The fans won't get a say.

So the choices are between Caisley - who was the chairman at a time of unparalled success then made a couple of huge errors which brought about the decline we are in - or - Hood, who has been unable to get us out of the decline.

Or, to put it another way - the guy who got us into this mess or the one who can't get us out.

Neither party has put any sort of inspiring medium term plan in the public domain.

I still don't think Caisley would take administration as a risk free option though. He would be going into it as the largest shareholder and probably chairman. He would come out of it as either a majority sharholder of a newco or as an ex-chairman and ex-shareholder of a newco which was taken over by an alternative bidder that the administrators preferred.

Let's hope that someone's unspecified medium term plan actually works.

^^So the choices are between Caisley - who was the chairman at a time of unparalled success then made a couple of huge errors ^^

Lets all hope if CC does take control of OUR club that he's learnt from past mistakes

Wonder what hetherington thinks about his old sparring partner maybe comming out of retirement?

On wether caisley has learnt from his past mistakes, he seems to be making a whole new set of enemies!

If he does come back into the fold where does this leave potter? I mean he's not going to be too enamered with nobby being over him again!

Didnt Caisley sign Potter?

Either Brian Smith or Matty Elliot!

Well I've held on to my pledge up to now. This does nothing to convince me to honour it. It looks like if I pay it we are likely to go into administration anyhow.

To be honest, I'm not really sure what to do. Is anyone else in this position?

If every one thought like you the Club would be dammed to administration, the whole point of the pledge is ensure that hopefully won't happen, never mind the politcal b@llax thats been spouted on here and elsewhere, if your a Bulls fan pay the Pledge

I understand what you're saying, and I thought long and hard before pledging. I agree, you could part with X amount of cash to keep the club going through April. Then what? the BoD can't find any way to keep going and it folds.
At least you can hold your head up and say "I did every thing I could to keep the Bulls alive"
Truthfully I'm really worried about our future existense, and it is vital we keep as many of our young players as possible, they are our future.
For me administration is the worst possible scenario

I kinda understand your stance, although I have actually paid my money

In fact, I paid the next day after the pledge was called in, because I had a sense that if I didn't I might get 'cold feet'. As things have turned out, the utter and appalling lack of ANY kind of proper communication from the club would probably have meant that I'd have ended up holding onto my money

The Bullbuilder statement correctly spoke about how the supporters have 'the moral right' to answers. But we simply haven't had any yet.

So, on one level I'm glad I paid up - because like Steam Pig, I feel I have at least done my part if things go pear shaped. But on the other hand I'm annoyed and frustrated that someone has taken my money without offering even a modicum of information or answers in return.

I don't think that there's a problem if people haven't pledged, for whatever reason.

But if you pledged, you should pay.

I agree. All I am saying is that I am not comfortable with the continuing lack of information, and the possibility that it will go into a black hole with administration still a possibility.

I understand where you are coming from but you should have thought about it a bit more before you pledged, have courage and pay you will feel better for it.

I paid because I felt it important to show the outside world what big club we are and how with the right investment and management we are as big as any club in Super League. I also agreed with the Bullbuilder statement which connected the payment of the pledge to what you refer to as the 'moral right' to hold the board accountable. Hence, the pledge is both a means to secure the future of the club but it is also a watershed.

Well. I've just returned from my hols abroad (blessed total absence of any news, Bulls or otherwise) so today is my first chance to honour my pledge. And I will, but where is the positive news on the next 500k on the back of the pledge sucess??, did I miss it? Why has an EGM not been called if Caisley and co demanded one? If he felt he could demand one surely he must have enough support and I assumed one was inevitable, and I would have thought it would be sooner rather than later. Is this infighting costing us potential investors?

From my point of view we don't seem much further on than when I left a week ago, which is disappointing, but hopefully there are positive things happening behind the scenes.....or maybe I've just missed a whole load of good news stories in between the obligitory serious injury and cr@p cup draw stories?.....I suspect I know the answer to that one.

.. think I'm best just making good my pledge, doing my bit, then just save up for another holiday whilst hoping for the best.

I think if you pledge it should be a binding contract ( You have the opportunity not to pledge) of which i can gather possibly 7.5 thousand members didnt. The whole point of this is to try and keep the club away from administration and move forward. THEREFORE IF YOU HAVE PLEDGED THEN PAY UP OR FIND ANOTHER CLUB TO FOLLOW

Dont they have to give 21 (or 28?) days notice to hold an EGM? They might be having it now!