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| Quote ="Nothus"The main gripes Bulls fans have with the RFL are mainly to do with the deduction of a full year's worth of central funding following our first admin. Whichever way you look at it, this was complete horsesh*t and pretty much guaranteed that the next owner, Omar Khan, was doomed to fail.
The RFL then oversaw and approved the appointment of Marc Green, who turned out to be a complete fraud. You could say this wasn't entirely their fault but questions can certainly be raised about their vetting process if someone like Green can get through it.
The most recent liquidation and appointment of Chalmers and Lowe as owners also stank to high heaven. We thought we were going to get some answers when it looked like the employee lawsuit was going to go to court, but 'someone' managed to agree a settlement with the employees in question and so it never got that far.
Going all the way back to Peter Hood and the initial loan, yes it was our own doing and more fool the RFL for giving us the money and not disclosing it to the other SL clubs. We can't really have any gripes about future rent and upkeep because Hood and future owners have signed leases knowing the brunt of what it involved.
But just to be clear, we are not 'walking away' from a lease. The current lease is due to expire and we simply haven't signed a new one. We will be fulfilling the obligations of the current lease, not reneging on anything. There's a not-so-subtle difference.'"
Thanks for the clarification and on that basis the RFL are just as inept as many people think.
To be sitting on such a long lease, without securing tenants or, being unable to install new ones is utterly ridiculous.
The taking on of the lease by the RFL always looked like a move made in way too much haste and assuming that Bradford do play at Dewsbury, they are left with one mother of a white elephant. |
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| Quote ="wrencat1873"Thanks for the clarification and on that basis the RFL are just as inept as many people think.
To be sitting on such a long lease, without securing tenants or, being unable to install new ones is utterly ridiculous.
The taking on of the lease by the RFL always looked like a move made in way too much haste and assuming that Bradford do play at Dewsbury, they are left with one mother of a white elephant.'"
If you look back to the articles around the time of the lease transferring to the RFL, the official party line was that they acquired the lease because Odsal was under threat from vultures looking to acquire the site and rob the Bulls of a home. I believe this is where the 'iconic Odsal' soundbite originated from.
Of course, all of this was a complete pack of lies. What [ireally[/i happened was that Bradford couldn't afford to repay the loan given to them in secret by the RFL some months earlier, and Peter Hood had this (not so) genius idea to give them ownership of the Odsal leasehold as collateral instead. But you can't really come out and say that in a press statement can you. Well, not without getting plenty of egg on your face.
As a side note, Peter Hood in his great wisdom completely overlooked the fact that Bradford were using the leasehold asset as security for their bank overdraft. This dipsh*t sold the asset to the RFL without realising this. I wish I could have been a fly on the wall when he got the call from his bank manager calling in the overdraft facility!  |
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I wonder what would have happened if the RFL had said no to Hood asking for a loan in 2011? We would likely have gone into administration then. And the administrator would be trying to find a buyer for a club with about £1m in debt but with an SL franchise and an asset valued at £1.5m in 2012. We might have got a much better quality of buyer, we might have got one of those "vultures" that the RFL were worried about. But we would have been a much more attractive option then than we were 10months later.
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| Quote ="Highlander"I wonder what would have happened if the RFL had said no to Hood asking for a loan in 2011? We would likely have gone into administration then. And the administrator would be trying to find a buyer for a club with about £1m in debt but with an SL franchise and an asset valued at £1.5m in 2012. We might have got a much better quality of buyer, we might have got one of those "vultures" that the RFL were worried about. But we would have been a much more attractive option then than we were 10months later.'"
It was a poor do all round and it would appear that the ramifications are still being felt by both the club and the RFL.
The lesson to be learned from this is that other than helping to ensure that fixtures are fulfilled (although this doesn't seem to happen in the much wealthier round ball game), They should keep well away from club politics.
The whole thing stunk at the time and as more time passes, their decision has been shown to be and absolute shocker.
I wonder how many of those involved at the RFL are still there ? |
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| Quote ="wrencat1873"It was a poor do all round and it would appear that the ramifications are still being felt by both the club and the RFL.
The lesson to be learned from this is that other than helping to ensure that fixtures are fulfilled (although this doesn't seem to happen in the much wealthier round ball game), They should keep well away from club politics.
The whole thing stunk at the time and as more time passes, their decision has been shown to be and absolute shocker.
I wonder how many of those involved at the RFL are still there ?'"
In july 2013, David Hughes had a massive dummy spit and informed feilding supremo Gus MacKay that he'd had it with london. This was after the side had been humiliated 70-0 in the cup semi and he said it was time to wind back his investment.
He put the club up for grabs, but by this stage of his tenure, hed pretty much destroyed any commercial worth and there was little interest..... So the after much cajoling, the RFL convinved the owner of Barnet FC to take the club in as tenants, with a £100,000 marketing budget sweetener... Of which £0.00 was spent on marketing...... The team was ramshackle, the coach a joke and we won 1 game in 2014........BUT, the year off from heavy lifting allowed hughes to rethink and now we have a semi-stable championship set up and the club survived.
My point is..... I'll slag off the rfl in many areas, but in this one instance, they probably saved professional RL from retreating 30 years.
Edit: That saying, they are certainly complicit in thendemise of Bradford. IMHO, they were treated likena favourite spoilt child when some tough love may have served them better |
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Well the RFL have conditionally allowed Bradford to share with Dewsbury.
But only for a season. Oh, and the Bulls aren't allowed to sign any players, just as an extra FU from the governing body to the club.
[url=https://www.rugby-league.com/article/55591/statement---bradford-bulls?fbclid=IwAR1GOnpYnqLhEdFHx73MPQY7AMkpJjFYW0vSi5sanHh9V5pWCmMx0_9KBxQLink[/url
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Scummy club are still selling season tickets knowing that they only have 12 players contracted and no means to sign any more.
They're going to hold off showing their accounts to the RFL until the gullible Bulls fans have refilled the begging buckets for another week
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| Quote ="Egg Banjo"Scummy club are still selling season tickets knowing that they only have 12 players contracted and no means to sign any more.
They're going to hold off showing their accounts to the RFL until the gullible Bulls fans have refilled the begging buckets for another week'"
Yeah, that's totally it. It's not an attempt to screw over the Bulls because the RFL are being left with a white elephant that is Odsal because the Bradford board, after years of everyone going "they need to cut their cloth accordingly" actually doing it by moving out of a crumbling stadium that they cannot afford but this isn't what everyone meant by cutting their cloth. |
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| Quote ="Egg Banjo"Scummy club are still selling season tickets knowing that they only have 12 players contracted and no means to sign any more.
They're going to hold off showing their accounts to the RFL until the gullible Bulls fans have refilled the begging buckets for another week'"
Don't be silly. Accounts are going to be filed by end of October when required.
When Sheffield moved to Doncaster and Wakefield did you see the RFL saying it was a poor decision and put them in special measures? The RFL stand to lose 72k a year and also have a loan out on all leasehold's they have,this is now at risk. |
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Poor deluded bulls fans, can't see what's right in front of your nose.
Your new owner has had your pants down
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| Quote ="Egg Banjo"Poor deluded bulls fans, can't see what's right in front of your nose.
Your new owner has had your pants down'"
You can't see past the chip on your shoulder.
And given that you're clearly a troll, I'll just ignore your comments going forward. |
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Bless the RFL are 'sulking'. They have sold a lease to Bradford Council, and now what's Odsal going to be use for on a regular basis. Sweet F.A.
Placing the club in 'special measures' is taking the **ss, is that going to make the club think "hold on, we should move back to that huge expensive dump that is Odsal"
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| Quote ="Budgiezilla"Bless the RFL are 'sulking'. They have sold a lease to Bradford Council, and now what's Odsal going to be use for on a regular basis. Sweet F.A.
Placing the club in 'special measures' is taking the **ss, is that going to make the club think "hold on, we should move back to that huge expensive dump that is Odsal"'"
Exactly, it's likely that once the accounts are released in October and all Bradford's OOC players have signed for other clubs, the special measures will be dropped and Bradford will have to settle for the players that no-one else wants,meaning they're likely to finish lower in the table next year so along with the likely hit in income that'll result from the move to Dewsbury, there's less central funding for Bradford. It's almost like the RFL are doing everything they can to punish Bradford under the table because there's no official route by which they can take shots at the Bulls |
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The statement says remain in special measures. Is it poorly worded or were the Bulls already in special measures prior to this?
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Quote ="Budgiezilla"Bless the RFL are 'sulking'. They have sold a lease to Bradford Council, and now what's Odsal going to be use for on a regular basis. Sweet F.A.
Placing the club in 'special measures' is taking the **ss, is that going to make the club think "hold on, we should move back to that huge expensive dump that is Odsal"'"
Thank you
Someone with common sense
RFL stand to lose 72k a year, plus they have a charge out against all property/leases which I imagine will be effected by Bulls leaving.
https://beta.companieshouse.gov.uk/comp ... 73/charges
Info below as well.
Persons entitled
Bibby Financial Services LTD (As Security Trustee)
Brief description
By way of first legal mortgage, all land (as defined below) belonging to the company at the date of the debenture including without limitation that described in part 1 of schedule 2 to the debenture (a copy of which schedule is attached to this form MR01 ).. in the debenture “land” means all estates and other interests in freehold, leasehold or other immovable property (wherever situated) or in which the company has an interest and:-. (I) all buildings and fixtures (including trade fixtures but not including tenant’s fixtures) and fixed plant and machinery at any time thereon;. (Ii) all easements, rights and agreements in respect of such property;. (Iii) all proceeds of sale of such property; and. (Iv) the benefit of all covenants given in respect of such property.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge. |
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Quote ="Budgiezilla"Bless the RFL are 'sulking'. They have sold a lease to Bradford Council, and now what's Odsal going to be use for on a regular basis. Sweet F.A.
Placing the club in 'special measures' is taking the **ss, is that going to make the club think "hold on, we should move back to that huge expensive dump that is Odsal"'"
Thank you
Someone with common sense
RFL stand to lose 72k a year, plus they have a charge out against all property/leases which I imagine will be effected by Bulls leaving.
https://beta.companieshouse.gov.uk/comp ... 73/charges
Info below as well.
Persons entitled
Bibby Financial Services LTD (As Security Trustee)
Brief description
By way of first legal mortgage, all land (as defined below) belonging to the company at the date of the debenture including without limitation that described in part 1 of schedule 2 to the debenture (a copy of which schedule is attached to this form MR01 ).. in the debenture “land” means all estates and other interests in freehold, leasehold or other immovable property (wherever situated) or in which the company has an interest and:-. (I) all buildings and fixtures (including trade fixtures but not including tenant’s fixtures) and fixed plant and machinery at any time thereon;. (Ii) all easements, rights and agreements in respect of such property;. (Iii) all proceeds of sale of such property; and. (Iv) the benefit of all covenants given in respect of such property.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge. | |
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| Quote ="Traffic"The statement says remain in special measures. Is it poorly worded or were the Bulls already in special measures prior to this?'"
Bulls,RFL,Bradford Council have been talking about this since May with no success so shouldn't be a shock to RFL that the Bulls are leaving, then again it is the RFL. |
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| Quote ="Traffic"The statement says remain in special measures. Is it poorly worded or were the Bulls already in special measures prior to this?'"
Well the RFL blocked the Bulls signing an unnamed player before the transfer deadline, however they've only now come out and made it official. |
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| Quote ="roofaldo2"You can't see past the chip on your shoulder.
And given that you're clearly a troll, I'll just ignore your comments going forward.'"
Believe what you want, but don't bother come with the begging buckets again, RL fans aren't interested in saving you this time. You might still be deluded, but the rest of RL fans can see through the actions of Bradford... again |
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If they remain in special measures then it is not a direct result of the decision to leave odsal the RFL obviously had concerns about the bulls finances already.
It maybe the case that with the reported savings from moving out of odsal that the finances going forward will be acceptable, but if insufficient information has been provided then I don’t see how the RFL can remove the special measures at the present time.
Be interesting to see what Chalmers next statement says
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| Quote ="roofaldo2"Well the RFL blocked the Bulls signing an unnamed player before the transfer deadline, however they've only now come out and made it official.'"
So it may (and I stress may) be that the special measures are not related to the move. Hell of a coincidence if so but not impossible. |
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| Quote ="Traffic"So it may (and I stress may) be that the special measures are not related to the move. Hell of a coincidence if so but not impossible.'"
That's perfectly possible. It just seems strange timing |
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Does that statement not strike anyone else as being incredibly unprofessional in tone? Even with my red amber and black glasses off it is worded oddly. I'm not sure governing bodies generally use phrases like "Based on the information received the RFL feel that this decision made by the Bradford Bulls directors is a poor one".
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| Quote ="Egg Banjo"Scummy club....gullible Bulls fans etc etc'"
How about you use grown up language or stick to Facebook. |
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| Quote ="Pumpetypump"Does that statement not strike anyone else as being incredibly unprofessional in tone? Even with my red amber and black glasses off it is worded oddly. What governing body uses phrases like "Based on the information received the RFL feel that this decision made by the Bradford Bulls directors is a poor one".'"
Nothing unprofessional about that, they are expressing an opinion based on the evidence provided by the club. They are the guardians of the sport, and it is beholden upon them to advise (publically if needed) against decisions which they feel would be detrimental to the sport as a whole, individual leagues, and individual clubs
Would you be whining if the RFL had said "... Bradford Bulls Directors is a good one"
I very much doubt it. It works both ways |
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| Quote ="Egg Banjo"Believe what you want, but don't bother come with the begging buckets again, RL fans aren't interested in saving you this time. You might still be deluded, but the rest of RL fans can see through the actions of Bradford... again'"
You obviously don't like the club, so your comments seem a 'tad' irrelevant, wouldn't you agree ? |
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