is it actually 6 figures in cash? or barter points/services? they approached a company i used to work for with a similar proposal.

Read the article. It's 6 figures in cash for the next 3 years.

it doesn't mention cash anywhere, its says a 6 figure sum that could be half money half points. Bartercard refers to points as a monetary value anyway.

it doesn't really matter because they could use the points for advertising agencies or printing press.

I won't bother...this deal will ensure that the 1.94 million in loans and investment the club has received in 2013 won't need to be repeated in 2014.
Everything is rosy at Bradford.





London Broncos/Harlequins RL have had Bartercard on their shirts in the past......it was in exchange for Bartercard currency......the avoidance of the word cash in that article speaks volumes......as in, it's not cash!

ctrl a, ctrl f cash = 0

There was no mention of cash in the article I have just read. It could just be £100,000 worth in credits (As good as cash I guess).
Who knows.

if it was cash, they would not have pointedly avoided using the word cash.

If it is in credits, then basically the club will be able to purchase goods and services for Bartercard credits....it immediately limits the number of suppliers that can be used and many suppliers will only accept 30% of any payment in BC credits......the rest is in cash.
I know this how?
Because the company I run uses Bartercard.......I generally save up the credits and use them to off-set 30% of the Christmas BBQ....only one venue accepts 30% of the bill in BC credits...the rest generally say 20%.

It's spin, released at a time when even the most hardcore Bradford fans are asking questions as to future funding of the club.....1.94 million in loans and investment in 2013....the last 900k was not a planned investment, it was a reactionary bail out....
but hey....everything is rosy at Bradford......move along, nothing to see here

No sponsorship deal that I have ever seen announced in any sport in the world has ever used the word "cash".


Except that the Bartercard website states that "Bartercard is a 100% trading system exchange. Upon joining every member agrees to trade at 100% full barter". Are you alleging that the information on their site is a lie?


Oh aye. Because no press release by any organisation ever about anything like this has ever been in any way spun positively before, has it? Yes, we all really needed you to tell us that a press release contains spin. No, really.


Do you think so? Nobody else does. Why, I don't know if you heard but we only just managed to pay the wages the other day, a week late. Times are clearly very tough. I thought you'd have been better informed.

Maybe better than cash in some cases. Like a business which issues a £100 voucher is issuing something with a built in profit. The person spending the voucher doesn't care, as it is as good as cash, and the issuer might (for example, depending on mark-up) only be parting with goods to the value (to them) of 50% or less.

Then wouldn't that mean that the investment is a lot less then £100,000 in real terms?

Yes.

Must be a lie, Gutterfax say it is and everything he says is immediately fact simply by him saying it.

Love how you go on about how the press release is spin, yet that's exactly what your doom-mongering "calculations" have been; spin to back up your argument that the Bulls are about to fall over again.

Is everything rosy at Bradford? Maybe not, but the Bulls are in far better shape than you want to admit.

Aww, bless.

I never said Bradford were going to fall over again...I have simply used the available figures to show that over and above the revenue generated by the club through sponsorship, corporate Hospitality, ticket sales, the shop and all other activities, 1.94 million in loans and investment has been needed to get them to the end of the season.....that 1.94 million will not be available next year and having bartercard credits will not change that at all....

Bartercard credits are more increasingly only accepted as part payment.....this is a fact, regardless of what the website declares.

No, what you did was you used the available figures to back up a flawed argument. You constantly refuse to accept that your figures are not based on the total incomes the Bulls have and are therefore skewed in favour of the argument you're trying to put across. You then try and cover up this fact by quoting and re-quoting the same figures that you've gotten hold of or made up in certain circumstances and telling everyone that they're fact.

That's where you go wrong, you've "shown" nothing, you have concocted a cornucopia of snippets, assumptions and unknowns and woven them into emperor's new clothes that only you think show something.

Sesquipedalian alliteration? Impressive - I think you win.

And you need to learn to speak english.

Like wot it is wrote.

So, just so we get this straight, Bradford have NOT received 1.74 million in funding from OK, did not receive 200k on the form of a council loan and have not had to delay wages payments due to cash flow issues?

It makes no difference how much additional revenue the club has made over the course of the season...the fact remains that they have had close to 2 million in hand outs this year.....2014 there is going to a troublesome one for the Bulls if they don't hit their 10,000 ST holder target.

Corrrect

Correct

Correct


No, that is to fact what Toulouse Lautrrec was to pole vaulting.

840k and 900k from OK in "loans" and a 200k loan from the council.....1, 940,000 is 3% shy of 2 million...I'd call that pretty close.

The money from OK isn't a loan. You know it's not, that's why you've put it in inverted commas.

And I notice you don't try and justify the other figures you were readily quoting earlier in the thread. You remember? The ones you made up?

Nor do you even attempt to consider the other sponsorship monies coming into the club. Provident aren't the only people on our shirts. The corporate boxes aren't called the Coral Stand because they have views of the Great Barrier Reef in them. Plus a multitude of other hoardings in and around the ground showing goods and services being advertised. As well as the advertising at the training ground, though I'll admit that's not as profitable as the ones in the stadium.

Out of interest how much does it cost to run a SL club paying full salary cap? I would have though 4-5million pounds?

around 3.5 - 4million is figure usually quoted. which is pretty much what bradfords income will be in 2015 season assuming we finish it top 12 and get full central funding again. 500k from sponsorships, 1.2m from season tickets (assuming we maintain current 6.5k levels and dont increase), 1.2m from sky, approx 400k from walkup support and away fans. remainder from merchandise/bar sales and hospitality.

Vasytly different figures for different clubs I expect.