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| Spoken with Sammut and Donaldson tonight, they both were dejected and gutted but both said 'have to get on with it and hope for the best'.
In Sammuts words 'it's a bad situation to be in, I've been it before and it's house, just got to dig in for the team and hope for best'
The players have a meeting tomorrow to discuss what they want to do to help the club.
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| Had plans for Friday night that could not possibly be changed.
I've had a rethink
After following the Bulls from before their last reformation I NEED to be at Wigan
To support the team in their hour of need and to maybe see the last match we ever play.
Hope the people I will let down on Friday night will understand, but I doubt it.
They can't possibly appreciate the essence of belonging that the Bulls engender
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| Quote ="newwildcat"lower the salary cap, better financial governance'"
Absolutely bang on correct - British RL needs both of these measures now desperately. Most SL clubs need to be saved from themselves while there is still a league left unfortunately.
Quote ="newwildcat"mergers of clubs in the same area.'"
Never, never, never, never, NEVER! They tried it 15 years ago and failed disastrously. How many current Wakefield fans would go see a Pontefract United playing at Cas' new ground every week do you think? How many Hull KR speccies would go to the KC as home fans? Create the "Mersey Mudsharks" at LP by merging Saints and Widnes and I'd never watch an RL game again, I can tell you that much for an incontrovertible fact... All that mergers would achieve would be to reduce the fanbase of some clubs while killing off others completely.
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| Quote ="Early Bath"Totally agree adeybull. I can only think of three clubs in the whole of the RL making a profit & Workington are one of those.
The game is in a dreadful financial state. There will be more insolvencies AND most likely within weeks. RFL need to act now and produce a blueprint for all to follow and that includes SL clubs to make a net profit - no matter their gate income and overheads. The Sky money is X and all expenses are a percentage of X. Overseas players down to 2 max per club etc etc. Simples.'"
Its really sad to see Bradford in this position and I hope that new buyers can quickly come in and rescue the club.
Like Adeybulls comment and your own, the Bradford situation should not be seen in isolation from the game as a whole. Regardless of the individual financial management of Bradford, several other clubs are also in a difficult and challenging financial position.
Last year Wakefield and Leigh nearly went out of business. How many more clubs will face the prospect of administration in the next few years?
It simpy can't go on like this and urgent action is needed from across the game as a whole.
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| Quote ="M@islebugs" Redundancies will certainly follow but I;d be surprised to see the club allowed to walk on large amounts of tax. What I suspect investors are saying is "If I pay the bill I want to choose the menu".'"
The accepted wisdom seems to have been that potential investors have been waiting for Administration to clear the decks, particularly of the tax debts. But we've just seem HMRC veto Rangers route out of Administration. That seemed a statement of intent as much as anything. I cant see them undermining that approach with Bradford.
Also just seen the T&A quoting the Administrator's reference to "Potential VAT liability season tickets for 2010 and 2011 - £200,000" That sort of potential liability will not help to attract investors.
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| Difference being Rangers owe tens of millions of pounds. They won't let Rangers go easily. We're small change to HMRC in real terms - although they are wholly right in wanting what is owed to them.
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| Quote ="bobsmyuncle"Had plans for Friday night that could not possibly be changed.
I've had a rethink
After following the Bulls from before their last reformation I NEED to be at Wigan
To support the team in their hour of need and to maybe see the last match we ever play.
Hope the people I will let down on Friday night will understand, but I doubt it.
They can't possibly appreciate the essence of belonging that the Bulls engender'"
I don't think you'll be the only Bulls fan changing their mind to travel.
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| Did anyone hear Martyn Sadler on 5live this morning? Very positive noises from him. He even said he was pretty sure he knew who was going to buy the club within the next ten days and had no doubt that the Bulls would fufil this season's fixtures and come back stronger next season.
I hope he actually does know something.
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| The T&A article today makes depressing reading.
Bryn begging BG to have permission to talk to other clubs. Stuff like that makes me feel sick. Someone sort this f***ing mess out. Please.
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| Quote ="Cibaman"The accepted wisdom seems to have been that potential investors have been waiting for Administration to clear the decks, particularly of the tax debts. But we've just seem HMRC veto Rangers route out of Administration. That seemed a statement of intent as much as anything. I cant see them undermining that approach with Bradford.
Also just seen the T&A quoting the Administrator's reference to "Potential VAT liability season tickets for 2010 and 2011 - £200,000" That sort of potential liability will not help to attract investors.'"
That last point is the one GB has made, and stood by. Clearly speaking with inside information from one camp. And another poster, who may or may not have been Mr Bennett (GB assumed Mr Hood, but that would surprise me) categorically refuted that. They cannot both be right.
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| As we are actually in administration now I think the time for brinkmanship is over - if the new owner does not act quickly then the most valuable elements of the current set up will be scattered to the winds - and the fans patience (remember to date the fans are the only ones to have injected serious cash) - will have been exhausted.
It is a hard fact to swallow but we might have to accept that Bradford simply cannot afford a team capable of challenging for honoursicon_sad.gif
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| I feel the most for the players and staff. For most of us fans, we are passionate about our club, but even if we do drop down to championship level, we have some team to follow. Outside of SL, the players will be part time, and all our squad have played only in the full time SL era, and will have very little to fall back on ion terms of a trade, training or a job.
Their mortgages and livlihoods are at stake. On first view, I saw the comments attributed to Bryn as a rat jumping a sinking ship, then I took a breath, and realised that what is a passion for us, is more to the players. This guy just wants to know that there's going to be food on the table and a roof over his family's head. there are many otherslike him
It gets sadder and sadder.
I couldnt bring myswelf to look at Rlfans yesterday. I was too upset and angry. Today, I am just filled with despair. where the hell are we going to find an investor to take on a club that has so many financial skeletons in the closet?
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| Quote ="Adeybull"That last point is the one GB has made, and stood by. Clearly speaking with inside information from one camp. And another poster, who may or may not have been Mr Bennett (GB assumed Mr Hood, but that would surprise me) categorically refuted that. They cannot both be right.'"
Would Guilfoyle put his firm's name to it if he didnt know that there was a potential liabilty? Surely he must have established at the very least whether VAT on the season tickets was paid over to HRMC.
Not sure how the timing works now on the administration/ liquidation process. Most of these case, like Rangers and Wakey, usually happen in the off season. If Guilfoyle does manage to cobble a deal together does he have time to get approval from the creditors, especially HMRC, before the money runs out to pay the players?
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But I’m hoping that will be seen as a positive move by potential purchasers and they will now come forward and talk to me about buying the club.
“The sum involved is now less than would have been as they don’t have to pay historic debt – mainly to people like HMRC – and someone can start with a clean slate.
“This club could be breaking even by 2014 and I don’t believe you can have a Super League without Bradford Bulls.”
Taken from here
www.yorkshirepost.co.uk/sport/ru ... -1-4682376
Now its similar to what Peter Hood said around the time of the Pledge
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But I’m hoping that will be seen as a positive move by potential purchasers and they will now come forward and talk to me about buying the club.
“The sum involved is now less than would have been as they don’t have to pay historic debt – mainly to people like HMRC – and someone can start with a clean slate.
“This club could be breaking even by 2014 and I don’t believe you can have a Super League without Bradford Bulls.”
Taken from here
www.yorkshirepost.co.uk/sport/ru ... -1-4682376
Now its similar to what Peter Hood said around the time of the Pledge
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| Quote ="Northampton_Saint"Absolutely bang on correct - British RL needs both of these measures now desperately. Most SL clubs need to be saved from themselves while there is still a league left unfortunately.
=#FF0000The risk here is that many RL players will be snapped up or indeed choose to go to RU instead
Never, never, never, never, NEVER! They tried it 15 years ago and failed disastrously. How many current Wakefield fans would go see a Pontefract United playing at Cas' new ground every week do you think? How many Hull KR speccies would go to the KC as home fans? Create the "Mersey Mudsharks" at LP by merging Saints and Widnes and I'd never watch an RL game again, I can tell you that much for an incontrovertible fact... All that mergers would achieve would be to reduce the fanbase of some clubs while killing off others completely.'"
=#FF0000Mergers can work at SL level, IF the original clubs are maintained and play in the Championship, it could be a blue print in fact to save the game and the international game.
it would give the supporter the choice of supporting both, their original team or neither and the Representative team in SL supporting via loaning players out of the first team and swapping/using facilities and best practise. It would improve the standard of the Championship making it a better testing ground fro players and it would give those clubs the ethos to promote british youngsters.
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| Quote ="Cibaman"The accepted wisdom seems to have been that potential investors have been waiting for Administration to clear the decks, particularly of the tax debts. But we've just seem HMRC veto Rangers route out of Administration. That seemed a statement of intent as much as anything. I cant see them undermining that approach with Bradford.
Also just seen the T&A quoting the Administrator's reference to "Potential VAT liability season tickets for 2010 and 2011 - £200,000" That sort of potential liability will not help to attract investors.'" Where is that reference, Cibaman, I can see a reference to the £250k vat on the sale of the lease, and Paye, but not to £200k for VAT on ticket sales.
GB I can see a reference to £260k wage costs a month, which means we have increased expenditure on non-playing staff from about £400k in 2010 to £1.1M in 2012, an increase of 300% in 18 months. If that is the case, what is the problem, cut those costs back to £0.4m and a major part of the losses are covered meaning just a pruning of the playing staff which I suspect would happen anyway, not decimation.
But anyway, nothing has surprised me so far, other than Guilfoyle pretending he doesnt know that potential buyers have been waiting for admin to clear those debts.
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| Quote ="Northampton_Saint"Absolutely bang on correct - British RL needs both of these measures now desperately. Most SL clubs need to be saved from themselves while there is still a league left unfortunately.'"
Lowering the salary cap when it is already less than half the RU cap would be suicide. Most RU clubs are losing more money than SL clubs but they haven't generally reached 'reality point' yet so will continue to sign players speculatively. Better to re-instate the 50% of turnover rule as an additional safeguard, so that a club can only spend £1.6m if it turns over £3.2m.
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| Quote ="martinwildbull"Where is that reference, Cibaman, I can see a reference to the £250k vat on the sale of the lease, and Paye, but not to £200k for VAT on ticket sales.
GB I can see a reference to £260k wage costs a month, which means we have increased expenditure on non-playing staff from about £400k in 2010 to £1.1M in 2012, an increase of 300% in 18 months. If that is the case, what is the problem, cut those costs back to £0.4m and a major part of the losses are covered meaning just a pruning of the playing staff which I suspect would happen anyway, not decimation.
But anyway, nothing has surprised me so far, other than Guilfoyle pretending he doesnt know that potential buyers have been waiting for admin to clear those debts.'"
Page 2. Last bullet point under the heading "What The Debts Include"
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| As a Rhinos fan I will be keeping my fingers crossed for you guys!!!!
I hope everything can sort itself out some how because I think it's discusting how the fans have been treated and you deserve better.
Have Faith!!!
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| Quote ="Blotto"Probably from his special friend who is a shareholder but not on the BoD!
'"
Do I have friends?
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Quote ="Blotto"But I’m hoping that will be seen as a positive move by potential purchasers and they will now come forward and talk to me about buying the club.
“The sum involved is now less than would have been as they don’t have to pay historic debt – mainly to people like HMRC – and someone can start with a clean slate.
“This club could be breaking even by 2014 and I don’t believe you can have a Super League without Bradford Bulls.”
Taken from here
www.yorkshirepost.co.uk/sport/ru ... -1-4682376
Now its similar to what Peter Hood said around the time of the Pledge'"
Interesting comment elsewhere in the YP that Coulby and Hetherington have agreed to disclose the terms of the Harris settlement. Wonder when that will come out.
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Quote ="Blotto"But I’m hoping that will be seen as a positive move by potential purchasers and they will now come forward and talk to me about buying the club.
“The sum involved is now less than would have been as they don’t have to pay historic debt – mainly to people like HMRC – and someone can start with a clean slate.
“This club could be breaking even by 2014 and I don’t believe you can have a Super League without Bradford Bulls.”
Taken from here
www.yorkshirepost.co.uk/sport/ru ... -1-4682376
Now its similar to what Peter Hood said around the time of the Pledge'"
Interesting comment elsewhere in the YP that Coulby and Hetherington have agreed to disclose the terms of the Harris settlement. Wonder when that will come out.
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| Quote ="Cibaman"Interesting comment elsewhere in the YP that Coulby and Hetherington have agreed to disclose the terms of the Harris settlement. Wonder when that will come out.'"
I think thats not so important but wouldn't we all like to know how it all came about!
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| Quote ="Blotto"I think thats not so important but wouldn't we all like to know how it all came about!'"
One could be forgiven for thinking it came about when someone took the lunatic decision to sign Harris, despite knowing he had some sort of legal agreement with Leeds, and pay an ageing and slowing player a shedload of money, when we already had on the existing payroll the young and hungry Leon Pryce, one of the most promising halfbacks this country has ever produced, with a burning desire to be our and England's No. 6. We also had the international captain leading our pack.
But of course we've been told that signing Harris is absolutely nothing to do with why we're where we are, so it must be true.
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| Quote ="Blotto"I think thats not so important but wouldn't we all like to know how it all came about!'"
I think it's very important due to the way some people have blamed the signing of Harris, and the compensation paid out, for anything and everything that's gone wrong over the last 6 years or so.
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| Quote ="Cibaman"Interesting comment elsewhere in the YP that Coulby and Hetherington have agreed to disclose the terms of the Harris settlement. Wonder when that will come out.'"
Perhaps FA can say how they can go public when both sides are legally bound not to say anything in Public
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