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| The lease on Odsal Stadium has been put up for sale by the RFL. How will this affect us i'm not sure but it is an interesting move. Any thoughts?
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| The club seem pretty confident that we won't have any issues playing our home games next year.
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| Screw us over again and again 'protecting professional RL in Bradford'.
Guess it's IMG related. Anyone fancy a whip round?
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| IMG related? In what way?
I'd say it's more likely the governing body are a bit strapped for cash and selling off some assets.
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| I’ve seen the Club statement on this but does anyone have a link to the initial rfl statement asking for “expressions of interest “ in the sale?
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| If there’s any way our illustrious leader can get the £750k together, with the board and/or new investor, we need to do it. Get the Odsal relationship back to 2 - the council & the club. Takes out all the rfl governance issues
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| Quote ="Nothus"IMG related? In what way?
I'd say it's more likely the governing body are a bit strapped for cash and selling off some assets.'"
Could be but just putting the fact its IMG time and the RFL sell together and making 5,
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| Well, does anyone remember back in the glory days when threads like this would instantly have 20+ pages?
Back then, there were a fair few regular posters who reckoned that the whole thing about the RFL buying the lease was all a long-term plot for Nigel Wood to eventually get hold of the Odsal lease at a knockdown price.
Perhaps we are now entering the end game **places fingers together conspiratorially**
Maybe now we'll get the reasons for the lease sale, the constant insertion of useless owners who then went bust, and all that crap from the last decade...
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| I'd be surprised if anyone has £750k lying around that they think would be well spent on a leasehold of Odsal.
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| Neil Hudgell and Michael Carter wanted to buy it didn't they?
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| Where are the capitalised named loony-bins when you need a little entertainment...
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| Quote ="Nothus"IMG related? In what way?
I'd say it's more likely the governing body are a bit strapped for cash and selling off some assets.'"
Genuine question, how much did the RFL pay for the the lease?, and if they get the £750k sale price do they make a profit or a loss.
Thanks
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| Quote ="Dunkirk Spirit"Genuine question, how much did the RFL pay for the the lease?, and if they get the £750k sale price do they make a profit or a loss.
Thanks'"
£1.25m initially, but they devalued it by £400k in 2018...
[urlhttps://www.thetelegraphandargus.co.uk/news/16346917.rfl-drops-valuation-bradford-bulls-odsal-stadium-400-000/[/url
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| Got to take into account they've made £125,000 a year in rent too.
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| And they have done nothing to ensure the upkeep of the ground. No surprise it’s depreciated.
Wouldn’t be a Bradford off-season if we didn’t have a discussion about Odsal.
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| I don't trust the RFL to protect the Bulls in any sale.
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| Quote ="Bulls4"And they have done nothing to ensure the upkeep of the ground. No surprise it’s depreciated.
Come on be fair we did get some second hand posts.
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| Quote ="bullinenemyland"£1.25m initially, but they devalued it by £400k in 2018...
[urlhttps://www.thetelegraphandargus.co.uk/news/16346917.rfl-drops-valuation-bradford-bulls-odsal-stadium-400-000/[/url'"
Thank you for your honest reply, and those people at the RFL (some have already been removed wi a golden handshake). wonder why the majority of RL fans also have no faith in the game’s administrators. See you at Belle Vue next season, providing those same administrators don’t cock up the championship and league one structure.
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| Quote ="paulwalker71"Well, does anyone remember back in the glory days when threads like this would instantly have 20+ pages?
Back then, there were a fair few regular posters who reckoned that the whole thing about the RFL buying the lease was all a long-term plot for Nigel Wood to eventually get hold of the Odsal lease at a knockdown price.
Perhaps we are now entering the end game **places fingers together conspiratorially**
Maybe now we'll get the reasons for the lease sale, the constant insertion of useless owners who then went bust, and all that crap from the last decade...'"
Bulls RLFans is renowned for its monster-length threads. Sadly, they only appear in times of trouble. Let's hope this one is a short one!
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| Quote ="Nothus"IMG related? In what way?
'"
Hirst says IMG put 'significant obligations on stadium owners' so looks like they'd have to bring it up to scratch at some point.
Another RFL own goal?
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| One thing we’ve learnt from the sale package, the stockcars have a lease until 2041
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| Quote ="paulwalker71"Well, does anyone remember back in the glory days when threads like this would instantly have 20+ pages?
[iBack then, there were a fair few regular posters who reckoned that the whole thing about the RFL buying the lease was all a long-term plot for Nigel Wood to eventually get hold of the Odsal lease at a knockdown price.[/i
Perhaps we are now entering the end game **places fingers together conspiratorially**
Maybe now we'll get the reasons for the lease sale, the constant insertion of useless owners who then went bust, and all that crap from the last decade...'"
I think you are very close to the truth, a few twists and turns to come soon but the truth will never come to light.
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| Nestegg has offered to meet anyone who wants to know the TRUTH in Wetherspoons in town. I believe there is a bombshell waiting to hit the press which will definitively reveal the links between the future of Odsal and a crash in a Parisian tunnel. Book now for an illuminating chat and/or a fight.
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| Quote ="bullinenemyland"£1.25m initially, but they devalued it by £400k in 2018...
[urlhttps://www.thetelegraphandargus.co.uk/news/16346917.rfl-drops-valuation-bradford-bulls-odsal-stadium-400-000/[/url'" Techinaclly they paid nothing for the lease, all the day did was essentially snatch the lease when Robin Hood and his band of merry jokers couldn't pay back the secret loan the RFL had slipped us without mentioning it to the other clubs. All the talk of protecting rugby at Odsal was and still is utter drivel driven by money.
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| Quote ="redeverready"Techinaclly they paid nothing for the lease, all the day did was essentially snatch the lease when Robin Hood and his band of merry jokers couldn't pay back the secret loan the RFL had slipped us without mentioning it to the other clubs. All the talk of protecting rugby at Odsal was and still is utter drivel driven by money.'"
Yep, the rfl bricked themselves and converted their unsecured loan into an asset with value. I wondered at the time what the administration thought of that a few months later
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