Recent posts by Bulls fans on here suggesting a 2.2 million debt built up over 2 years

That's a debt Marc Green racked up. We were debt free in 2014. His approach to spend whatever you want to reach our goals is wrong in any business. Not paying a tax bill was his problem, instead of using the season ticket money and income to pay off these bills, well god knows what happened to this money.

Green is owed approximatley over £1million from the club. Plus a £300,000 HMRC bill. Plus £250,000 (roughly) administration bill. Then Odsal rent, money's owed to RFL for wages (which Green didn't pay) and money owed to other clubs (won't be much).

Green is out of the picture now. So he is owed nothing. That's £1million plus that isn't a running cost it was money owed from 2012-14, now that's out of the equation. A reduced playing squad (which has killed us these past two seasons) will massively reduce the running cost. There is no admin bill so that's another £250,000 that isn't part of running costs for the new club.

In reality the other thing that needs paying from now on for the new clubs are Wages, Future HMRC taxes and Odsal rent. Odsal costs approximately £70,000 a year in terms of rent. That doesn't include stadium upkeep costs which could quite easily total £30,000 or more a year. So for arguments sake let's say Odsal costs £100,000 a season, without Odsal we could use that £100,000 on other things.

Season ticket money will go a long way to paying a lot of that and money from the gate, plus money from merchandise, corporate boxes etc. The reality of it, is the money generated usually pays for Odsal first and leaves us short on other things. Green neglected to pay tax, creditors or wages. A proper owner wouldn't and it would be much easier without the Odsal costs.

I fully understand running businesses , had several over the last 24 years , so understand how here and now to continue operating happens to the detriment of your quarterly/ seasonal bills

I seem to recal Mr Kahn requesting a million back after his tenure , followed by much complaining about that by fans on here , that was in SL with the obvious increased central funding

So these recent events would lead most to view that playing out of Odsal is to accept a requirement to finance the club to a million a season

That would be the year of no central funding. Not that obvious.

Wasn't it 50% ?

So is there a fundamental problem somewhere , ie Odsal ? , or just a successession of crooks ?

Odsal is clearly a bit of a money drain, but the main problem of the last couple of years have been the FT squads of 40+ players and the large number of backroom and office staff - the salary bill for last November was over £180k! Maybe some money does need to be put in to keep the Club going, but nowhere near £1million a year to have a relatively successful Bradford in the Championship.

You're right, it was. I forget it was split across two years.



Chancers would be more accurate, but yes and yes.

The RFL aren't paying 70k a year for the odsal lease. They pay a peppercorn rent to the council. They charge the bulls 70k to play at odsal. And the club pay for any maintenance not the RFL.

So is the message basically that whatever happens there will always be a pro rugby league club in Bradford as it is never to allow it to die even if it means admin every year and people/businesses losing money ?

Depends really, there was always a chance that nobody came forward willing to take the reigns.
Hopefully we're never in this position again but honestly I feel like I'm kidding myself saying that.
Until the new owner convinces me otherwise, we've just replaced one chancer with another.

Or they could just "merge" with Sheffield

Regards

King James

One would hope there will always be a Pro RL club in Bradford , just as most would hope there will always be one in Huddersfield

Maybe what they need just as you did , is somebody to build them a stadium fit for purpose

Huddersfield needs a strong Bradford.

Wish someone would build us one instead of this huge cavernous great big thing we got thrown into after they had taken Fartown off us !!

Graham Lowe new Bradford co-owner. m.bbc.co.uk/sport/rugby-league/38655920 Wish them well.

Graham Lowe new Bradford co-owner. m.bbc.co.uk/sport/rugby-league/38655920 Wish them well.

Just for clarity this is a brand new club?

Brand new club, in Bradford, playing at Odsal, with the remains of the Bulls squad but, yes, it's a brand new club.

Got rid of their coach though who stood by them. Classy move.

Regards

King James

The didn't get rid of their coach, he was never their coach in the first place. Smith lost his job just like the rest of them, he was unemployed and hung around hoping the new club would offer him a suitable contract, they didn't

Also we haven't left Europe because of all the geographics and that.

And lets not forget a brand new club that starts in the championship why other new clubs have to start in Championship 1

Quote ="wrencat1873"Brand new club, in Bradford, playing at Odsal, with the remains of the Bulls squad but, yes, it's a brand new club.'" It depends how you see it I suppose. I look at it that it's the same 'club', which by definition describes a group of people joining together in the interests of a common activity. In this case that activity is Rugby League in Bradford. The people are the same, they're the thousands of Bradford fans. If they remain, so does the club. They'll still be called the Bulls, still likely play at Odsal, have a lot of the same squad, they'll play in black, amber, white & red and they'll uphold the same traditions of the Bradford sides before them. What has changed is the Limited company that runs the club on behalf of the fans. This is why they've not been dumped out of the leagues but allowed to remain in the Championship, but with a hefty deduction. I appreciate not many will have this opinion, and it seems fans of other clubs seem to want their pound of flesh. Before you do come back, remember that a Ltd company called "Wakefield Trinity Rugby League Club Limited" was dissolved in 2013. https://beta.companieshouse.gov.uk/company/02623391 It was only incorporated in 1991 too. Does this make Wakefield a new club?

Quote ="wrencat1873"Brand new club, in Bradford, playing at Odsal, with the remains of the Bulls squad but, yes, it's a brand new club.'" It depends how you see it I suppose. I look at it that it's the same 'club', which by definition describes a group of people joining together in the interests of a common activity. In this case that activity is Rugby League in Bradford. The people are the same, they're the thousands of Bradford fans. If they remain, so does the club. They'll still be called the Bulls, still likely play at Odsal, have a lot of the same squad, they'll play in black, amber, white & red and they'll uphold the same traditions of the Bradford sides before them. What has changed is the Limited company that runs the club on behalf of the fans. This is why they've not been dumped out of the leagues but allowed to remain in the Championship, but with a hefty deduction. I appreciate not many will have this opinion, and it seems fans of other clubs seem to want their pound of flesh. Before you do come back, remember that a Ltd company called "Wakefield Trinity Rugby League Club Limited" was dissolved in 2013. https://beta.companieshouse.gov.uk/company/02623391 It was only incorporated in 1991 too. Does this make Wakefield a new club?

Quote ="Huddersfield1895"And lets not forget a brand new club that starts in the championship why other new clubs have to start in Championship 1'" https://beta.companieshouse.gov.uk/company/01810029 See my reply above. Does that make Huddersfield just 16/17 years old? Did Huddersfield have to start again in the 3rd tier?

Quote ="Huddersfield1895"And lets not forget a brand new club that starts in the championship why other new clubs have to start in Championship 1'" https://beta.companieshouse.gov.uk/company/01810029 See my reply above. Does that make Huddersfield just 16/17 years old? Did Huddersfield have to start again in the 3rd tier?

Quote ="DGM"It depends how you see it I suppose. I look at it that it's the same 'club', which by definition describes a group of people joining together in the interests of a common activity. In this case that activity is Rugby League in Bradford. The people are the same, they're the thousands of Bradford fans. If they remain, so does the club. They'll still be called the Bulls, still likely play at Odsal, have a lot of the same squad, they'll play in black, amber, white & red and they'll uphold the same traditions of the Bradford sides before them. What has changed is the Limited company that runs the club on behalf of the fans. This is why they've not been dumped out of the leagues but allowed to remain in the Championship, but with a hefty deduction. I appreciate not many will have this opinion, and it seems fans of other clubs seem to want their pound of flesh. Before you do come back, remember that a Ltd company called "Wakefield Trinity Rugby League Club Limited" was dissolved in 2013. https://beta.companieshouse.gov.uk/company/02623391 It was only incorporated in 1991 too. Does this make Wakefield a new club?'" I was only answering a previous post but, as you know, Wakefield weren't liquidated, although there was a change of ownership, following a period in administration, hence the new "trading name". There are 2 huge issues with the Bradford situation. The first is that clubs that are liquidated, are supposed to "start again" in the third tier and of course the long running debacle that is Odsal. The question should be asked, whether the RFL are dealing with Bradford differently because of the "iconic stadium" and whether other clubs, that find themselves in similar circumstances at some point in the future, will be dealt with in the same way. Finally, there is no denying that a strong and successful Bradford club would be good for the game and their success in the early part of the SL era was superb but, for now, that is in the past and The RFL seem to be in denial over this which appears to be clouding their judgement.

Quote ="DGM"It depends how you see it I suppose. I look at it that it's the same 'club', which by definition describes a group of people joining together in the interests of a common activity. In this case that activity is Rugby League in Bradford. The people are the same, they're the thousands of Bradford fans. If they remain, so does the club. They'll still be called the Bulls, still likely play at Odsal, have a lot of the same squad, they'll play in black, amber, white & red and they'll uphold the same traditions of the Bradford sides before them. What has changed is the Limited company that runs the club on behalf of the fans. This is why they've not been dumped out of the leagues but allowed to remain in the Championship, but with a hefty deduction. I appreciate not many will have this opinion, and it seems fans of other clubs seem to want their pound of flesh. Before you do come back, remember that a Ltd company called "Wakefield Trinity Rugby League Club Limited" was dissolved in 2013. https://beta.companieshouse.gov.uk/company/02623391 It was only incorporated in 1991 too. Does this make Wakefield a new club?'" I was only answering a previous post but, as you know, Wakefield weren't liquidated, although there was a change of ownership, following a period in administration, hence the new "trading name". There are 2 huge issues with the Bradford situation. The first is that clubs that are liquidated, are supposed to "start again" in the third tier and of course the long running debacle that is Odsal. The question should be asked, whether the RFL are dealing with Bradford differently because of the "iconic stadium" and whether other clubs, that find themselves in similar circumstances at some point in the future, will be dealt with in the same way. Finally, there is no denying that a strong and successful Bradford club would be good for the game and their success in the early part of the SL era was superb but, for now, that is in the past and The RFL seem to be in denial over this which appears to be clouding their judgement.