Seriously. What on earth is going on at the Bulls? I thought they were OK? Is it all just rumour and media negative hype?

We have cut the cloth accordingly, we are spending no where near the cap. Look at the players we have lost, Kopczak, Jefferies, Burgess, Elima, Hargreaves, Whitehead, Crookes, Sibbitt, Ainscough, Pryce, Joseph. We do need a squad you know!

Omar took over a club that was literally days from folding. He has had to start from the bottom up. Maybe ticket sales and gate crowds weren't as high as had been hoped. Omar is plugging the gap the same way Ken Davy is at Huddersfield, David Hughes is at London and Abamovich is at Chelsea.

I agree probably not good for the sport with us in the headlines about not paying our players again, certainly won't aid the sport in getting a sponsor, but i think some people need to calm down, we're not on the verge of going bust again.

Your puerile verbiage just lost you the right to be taken even remotely seriously. Goodbye.

Out of the air eh....
The 200k wage bill was widely reported, [url=http://www.thetelegraphandargus.co.uk/sport/10581170.RFL_join_Khan_in_insisting_Bradford_Bulls_are_not_back_on_the_brink/here[/url as was the 6,500 ST ([url=http://www.thetelegraphandargus.co.uk/sport/10402241.Bradford_Bulls_pay_plan_to_hit____magic_10_000____season_tickets/here[/url) holders and the 900k the owner has just raised from re-financing his assets [url=http://www.thetelegraphandargus.co.uk/news/10587678.Bradford_Bulls_owner_Omar_Khan_injects___900_000_to_pay_wages/here[/url.
900k less the 200k council loan = 700k
700k less the 200k wages that are owed= 500k
London and Catalan away fans do travel by skateboard
the SKY money is actually about 600k light..see [url=http://www.superleaguefans.com/forum/thread-12471.htmlhere[/url

Nothing was plucked out of the air other than the business plan that has failed to deliver the expected revenues at Bradford and therefore required this 900k to be raised by the owner.

in other words you know I am right, but will use my calling your ground a slum to retreat...



...this saga at Bradford isn't over...not by a long stretch.

And what of the money OK has invested in the club prior to this amount? Have you taken that amount into consideration with your rant? I don't believe you have. Just so you know, that figure is close to £800k.

Also, that loan, like all loans won't be paid off in a single lump sum. It'll be paid of in installments.

The money is there to plug funding gaps, such as the ones you've pointed out like London and Catalan fans could turn up in a minibus and still stop to pick up a hitchhiker on the way. But the club has also put things in place to try and encourage more people to attend those games, such as an offer on groupon for cheap tickets for both games as well as offering friend for £5 for the Catalan game.

But as you point out the Sky money is about £600k light. But the investment, so far, is over £1.7 million excluding outside loans.

As much as you and others might wish for a further financial crisis at Bradford, it doesn't look like it's coming any time soon.

David Hughes puts that into the Broncos each year!!

Edited for accuracy. Incredibly (I know this is hard to believe) Bradford Bulls weren't the first club to go bust and they aren't going to be the last. People can patronise and talk about how well their club it run but irrespective of who you support your club probably has gone bust before and probably will do again at some point.

And he's certainly getting a bumper return on his investment isn't he. If he had any sense he'd walk away and save himself a lot of money and a lot of heartache.

So knowing the issues financially you're having now, and the fact that Khan is having to shove in more cash again, how can you afford to spend the full salary cap next season - as I recently read?

Hardly a sustainable business/cutting cloth accordingly if that's the case, particularly as you still won't get full Sky money next season either.

Don't know ask every other club except maybe hull, Leeds and Wigan why they're unsustainable?

Its chicken feed to him. Its his Sat afternoon out.

It doesnt seem to worry anyone that maybe the Bulls are on the edge.

Not paying workers tends to suggest something isnt right in the business. Admin mistake - utter cr4p

Not all other clubs are spending more than they earn.

Cas are a great example of a club managing on what they earn and only spend what they earn.

Quote ="Fully"Not all other clubs are spending more than they earn. Cas are a great example of a club managing on what they earn and only spend what they earn.'" Not true, cas directors put money in to cover operating losses. "The club requires significant investment in order to continue and I truly hope the board can secure the necessary financial support in the coming months." Castleford chairman Jack Fulton said in a statement: "I would like to thank Steve for his efforts during his time at the club and wish him well for the future. "For over 20 years I have supported this club financially to a substantial amount with the aim of keeping it going as a Super League club ready for the day when it can support itself. www.bbc.co.uk/sport/0/rugby-league/21504883

Quote ="Fully"Not all other clubs are spending more than they earn. Cas are a great example of a club managing on what they earn and only spend what they earn.'" Not true, cas directors put money in to cover operating losses. "The club requires significant investment in order to continue and I truly hope the board can secure the necessary financial support in the coming months." Castleford chairman Jack Fulton said in a statement: "I would like to thank Steve for his efforts during his time at the club and wish him well for the future. "For over 20 years I have supported this club financially to a substantial amount with the aim of keeping it going as a Super League club ready for the day when it can support itself. www.bbc.co.uk/sport/0/rugby-league/21504883

Yes, but that's NOT A GOOD THING. How stupid are you? You're bragging about how your club is failing while mocking the Bulls for being in a similar position.

Quote ="JB Down Under"Not true, cas directors put money in to cover operating losses. "The club requires significant investment in order to continue and I truly hope the board can secure the necessary financial support in the coming months." Castleford chairman Jack Fulton said in a statement: "I would like to thank Steve for his efforts during his time at the club and wish him well for the future. "For over 20 years I have supported this club financially to a substantial amount with the aim of keeping it going as a Super League club ready for the day when it can support itself. www.bbc.co.uk/sport/0/rugby-league/21504883'" We don't rely on Jack Fulton to spend over and up to the cap. We use Jack Fulton to meet our obligations to local businesses and creditors and keep the business running smoothly. There's a vast difference between that and the other clubs. Plus our losses are substantially lower than other clubs and the SL average of circa £650k. We've also made a profit in the last decade and broken even. If we have a bad season then we require support but if we have a good season CC run and making the play-offs, we tend to break even. We are a club that doesn't spend more than we earn and we pay what we owe.

Quote ="JB Down Under"Not true, cas directors put money in to cover operating losses. "The club requires significant investment in order to continue and I truly hope the board can secure the necessary financial support in the coming months." Castleford chairman Jack Fulton said in a statement: "I would like to thank Steve for his efforts during his time at the club and wish him well for the future. "For over 20 years I have supported this club financially to a substantial amount with the aim of keeping it going as a Super League club ready for the day when it can support itself. www.bbc.co.uk/sport/0/rugby-league/21504883'" We don't rely on Jack Fulton to spend over and up to the cap. We use Jack Fulton to meet our obligations to local businesses and creditors and keep the business running smoothly. There's a vast difference between that and the other clubs. Plus our losses are substantially lower than other clubs and the SL average of circa £650k. We've also made a profit in the last decade and broken even. If we have a bad season then we require support but if we have a good season CC run and making the play-offs, we tend to break even. We are a club that doesn't spend more than we earn and we pay what we owe.

Eh?

If you need Jack's cash[i "to meet our obligations to local businesses and creditors and keep the business running smoothly"[/i and [i"losses are substantially lower than other clubs"[/i then Cas are clearly spending more than they earn.

So you were given 800k........needed to borrow another 200k from the council, then missed a wage payment of another 200k before your owner came back with another 900k.
1.7 Million of outside investment needed to get you to the end of 1 season?

Whilst DH ploughs money into London on a similar scale, he does it because the club can't survive on 2,000 averages.
Bradford have an average of around 8,500 or so this year.......needing another 1.7 million to survive sounds like bad management and a lot of unlearn lessons from previous carnage.

3 more home games, 2 of which will deliver little ticket revenue then the off season with wages still needing to be paid....as I said, there's500k left of the 1.7 million from your owner...who said his total investment would be in the region of 2 million.....it's not looking positive at Bradford at all.

BTW...I take no pleasure in watching another club struggle...I simply call it as I see it, which in this case, is negative. I fail to see how missing a salary payment to staff can be seen as anything else.

Correct but the Bulls dont have that money. Cafes dont make the same money as oil.

When DH leaves the Broncos they are done for

we're already done for with him.



I understand the passion of the Bradford fans defending their club, but London fans are best placed to identify trouble.......Bradford are in big trouble.
They even had a scheme by which you could start paying for your 2014 ST this year...

Spending next years ST money this year is a recipe for more disaster!

But the Bulls will probably still be here.

Nobody said they wouldn't be....I simply pointed out the mechanics of their recent woes using all available figures that have ben published.
I doubt OK will be happy ploughing in another 1.7 million in 2014.....if he can afford to that is.
2013;
8,500 average at say 25 quid per fan (total spend, ticket, beer, food, shop etc) is about 2,750,000. Add in the 600k from SKY and the 300k sponsorship deal and the Bradford Bulls have an income for 2013 of 3.65 million....before the owner puts his hand in his pocket.

He has ploughed basically the salary cap into the club this year.....where the hell has that 3.65 million gone


70 grand a week on running the club, excluding the first team squad....what the f**k

I'd be interested to see the bit where I said the Bulls should aspire to cash flow issues.......really, I would.
...or could it be that the tears got in your eyes when you read this bit....

.......and you misunderstood it?

I suspect it's cash flow that is the issue. The bulls have no cash reserves and unto they can build some they are going to have these struggles.

Again, this is you grabbing at a statistic but not using all the information about it for your argument. Yes, you can start paying for your season ticket early, however the club has already stated that that money is ring fenced for 2014. So the club are clearly aware that spending next year's ST money is a recipe for disaster which is why they're not doing it.

Also, your other figures are all based on income and show no outgoings. So, taxes, wages, rent, marketing and all the other overheads that go into running a modern sports club are not taken into account in your shocked expose of how badly the Bulls are run.