Whatever anyone's opinions of what has occurred since Hood's bombshell, raising £500k in ten days is an amazing effort considering the times we live in. With donors chipping in so quickly there is no chance of Bradford going to the wall. These people deserve a better BoD though.

This is something that really is sticking in my throat.

The board have got Bradford in this sorry mess, played the violin pulling on the heart strings of their supporters and the wider R.L public but not one of the board has stood down, or intend to....trying to pass the blame to R.B.S.

Nobody forced them to pursue and sign Harris (to this day still think they did this as a massive two fingered sign to Hetherington) and nobody forced them to throw God knows how much money at Matt Orford.

It is good to see the rl community come together to pay off bradfords debts. Well done media with all the exposure for the bulls cause.

Just like my team last year who recieved the same exposure in the media.. in fact not many gave a jot.

Regardless, Wakefield have come through stronger for it.

As for this bulls debt. Looks to be pulling some heartstrings to pay off some poor business management. I do feel for the supporters of bulls but can't help thinking they have been played like puppetts. The bod will be laughing their socks off having seeing their debts rubbed to 0 bit by bit.

Hope it all works out for bulls fans one way or another. Couldn't give a stuff about the management at bulls as they should reap what they sow.

I've just been reading Dave Hadfield's [iUp And Over[/i from 2004, and came across this passage:



This pattern keeps repeating, and it could be that the mark of a well-run club is not the achievement of - at the time - seemingly perpetual success, but managing the inevitable decline without going bust.

The Bradford BoD has changed since Harris was signed. In fact, the sports solicitor who used to be chairman (and who can't read a contract properly it seems) is the only shareholder to publicly come out and call for the Board's resignations. You have to admit, the irony is amusing. One of the main men responsible for the clubs funds being wasted on protracted legal disputes just so he could get one over on the chairman of the club's main rival questioning the ability of the people who've done their best to try and keep the club going.

£506k raised. Now begins the task of collecting it all.

& the next £500k?

Simple, everyone must donate double what they pledged into the begging bowl to get Bradford out of this mess they have got themselves in.

The Bulls press release indicates there's a number of confidential talks currently on going that are around investment/takeover. If this comes off, this will sort the next 500k.

This links in with a rather lengthy meeting at the club today, which is why the pledge announcement was more than likely delayed.

If they're calling the pledge in and it's not already a done deal then they need either a pretty solid plan B or a good lawyer. We're the Bulls so there is no plan B and Caisley is the lawyer.

How convenient for hood et al. No information will be provided to the people who forked out £500K+ to save the club.

And what if these confidential talks go pear shaped? You have £506K raised to see the bulls through for a few weeks. poor form.

Was anyone under any illusion that they weren't risking their cash?

How long do they now have to actually raise this cash?
It's one thing to tell them that they have the money but how can they actually prove this until all the pledges are in?

Steve O'Connor will sub them the money until they collect it all in.

If investors now step in and take over the club, does this not mean that they will have taken over for £500K less than would have been required two weeks ago. If that is so then all these people who have given pledges have given money direct to the new investors and helped them increase the value of their investment and therefore their own personal wealth. It is the same as customers paying off the debts of a company, which then enables someone buy it for less.

Or alternatively meaning the current owners are not £500k lighter than they otherwise may have been if they have personal guarantees to meet with the bank? Not really sure how it works but something doesn't feel right from where i'm sat on my fat 'arris. Will be interesting to see how it pans out

You've done a lot of moaning about the RFL helping clubs, you've even invented stories about the RFL helping clubs. Now you're complaining about fans helping clubs.

Do you actually enjoy RL?

Would you like to remind us what the RFL did for your club, and how much money that involved??

From your posts it is clear you have a learning difficulty. You simply cannot comprehend facts. i feel your pain.

I know you are in denial about the RFL owning the long term lease to your ground ( or as people usually say... owning your ground) and you find it difficult to see how the RFL 'bailed the cougars out'. You even deny the quotes from your chairman. You keep going with those voices inside your head..



What really shows your one eyed stupidity is your claim that I am complaining about fans helping their club. Read my post again you clutz

I am saying those fans deserve to be better informed by their club. only the voices in your head think that is a complaint about fans.

On the Giants / RFL issue you have once again advertised your lame thinking. The Giants ' assistance' was within the rules, openly discussed by stakeholders and voted upon. There was transparency. And if people do not like what happened they should complain about the decision makers. The RFL conduct over the cougars, crusaders and bulls has not been transparent, openly discussed by stakeholders nor voted upon. The decision makers made their decisions and did not inform stakeholders. All very different for those able to grasp the facts.

To reiterate. when I say that the Bulls fans should be better informed about the future plans of the club it is not a complaint about those fans

So:

The Bulls failed to meet their pledge target, so they extended the deadline; they subsequently exceeded the target by 6k, but have yet to collect the pledges, which are extremely unlikely to be actualised in full.

Mr Duckett was on 5 Live this morning suggesting that the begging exercise has impressed potential investors (if I was about to invest in a failing business, I'd be impressed if the stakeholders wiped half a million quid off its liabilities for me, but hey) but that they can't go back to the supporters for the other half million they need to get through to the end of the month.

Does that mean that they'll still go out of business if one of these impressed investors still can't be persuaded to cough up, or is there yet another contingency plan? If that is the case, what happens to the half a million quid that people have already put in?

Am I the only one struggling to understand?

I see you are starting down the insults route [iagain[/i. Clever boy. Is that why you've had so many user names, to avoid all the bans? You ARE a pain.



You are squirming again, this was not the original argument.

YOU SAID THE RFL "TOOK OVER" AT COUGAR PARK AND IMPLIED THAT THIS TURNED THEM INTO THE MANCHESTER CITY OF THE CHAMPIONSHIP (because John Kear said so as a wind up in a pre match interview against his old player and now Keighley coach)

Quite different connotations.

For the umpteenth time, I have never once said the RFL do not own the lease on the [iland[/i, but then since Keighley own the underlease and own all the buildings, under your interpretation, they own their own ground.

I've always thought of leases of 99 years plus as "ownership", but hey, since it makes Keighley owners of their own ground I'll go along with your version.





The RFL signed the lease with the Co-op, then turned to the Keighley Chairman who signed an underlease. No cost to the RFL, except their good office in negotiating with the co-op who they already had good relations with because they are sponsors of the championship.
Then, a few weeks later Keighley go into administration, are deducted points that effectively sees them relegated. I bet everyone wishes they had such bailouts





I did not, I questioned your usage. You selected a few words out of a longer quote about something that happened 11 years ago and framed it to agree with yourself about something that happened a year ago. No surprise there.



Your level of irony has reached new heights. It must be difficult to keep pace and fire fight with all those user names. If you lie down I'm sure mummy will bring you a glass of nice warm milk. Bless.

Bless.

I care only for your accusations against the Cougars, which are groundless. The RFL operated as they should and within the rules.

Mind you it would have been nice to have been bunged a million quid and a load of players like some

Oh dear. pesky facts do rattle you.

this thread is about the Bulls 500K yet you are desperate to go on about something raised on a completely different thread...it really is an itch you cannot scratch.



If your compulsion, and the voices in your head, gets the better of you I am sure you can try and justify the RFL bailing out the Cougars on the Giants forum.



Back to topic. I hope it has been explained to you that wanting fans to be informed is not " complaining " about them. You were completely wrong.

You cannot help your compulsion. This thread is about the Bulls not the Cougars. You poor thing

No, you're not! It appears to me that unless they know where the other half million's coming from (bear in mind that negociations about this may be going on but are understandably confidential at the moment), then the club's going belly-up at the end of the month and people will be out of pocket for nothing.