www.thetelegraphandargus.co.uk/n ... ownership/

www.thetelegraphandargus.co.uk/n ... ownership/

interesting, did anyone get wind ofthis happening? i hadn't heard owt

Massive shock to us.

August - sells of part of his property portfolio to prop up the club
September - steps down as owner due to "ill health"

That "ill health" referring to his finances by any chance?

Maybe Omar has realised that there's no point putting more money into a black hole and got out while he can?

2014 is going to be a bloodbath at the bottom of SL at this rate.
London have no players or anywhere to play last time I checked.
Wakey still have a £350K hole to fill and are probably going with a weaker squad.
Now Bradford have an owner leaving due to 'ill health' 1-2 months after selling propety to prop them up.

Whoever goes down is propably going to be screwed for a fair while due to the current problems adding to the lack of top league RL.

This isn't me gloating BTW I'm just saying it as I see it.

On the plus side, won't it be exciting seeing all the 'meaningful games' where clubs get to fight for their very survival?

Perhaps he’s going into rehab with Andrew Glover.

The way things are going those canvassing for a ten team league may get their wish.

Tbh, as far as certain sections of Bradford's fan base, Omar couldn't do right for doing wrong. He saved the club, invested his personal money into keeping the club running and there are still Bradford fans who act like they did HIM a favour in allowing him to save the club from liquidation.

But nevermind all that and disregard whatever the new owners are bringing in, I'm looking forward to all the new stories about how Bradford are going out of business.

Change of ownership is just another irrelevant smokescreen.

Bradford's future would be best served by reacquainting themselves with a semi-professional existence ASAP.

The same can be justifiably said for half of the current clubs in Super League.

I think this is terrible news
The Super League is in a mess

Time to get Wood and his chronies out, what good are they doing

We now have Bradford, Wakefield, London, Hull KR in trouble

Salford relying on the good Doctor who could also pull out if the drain gets too much

How are Widnes doing as well??

Saints losing £700K per annum

I agree many clubs are in a mess but is this really the fault of Wood? Surely it is the clubs themselves that have a duty to manage their finances and live within their means.

Hull KR in trouble?
Did I miss a memo or something?

The only way most clubs manage to “compete” is with the assistance of some wealthy benefactor.

The Leeds & Wigan’s are in a very small exclusive group, the rest appear to be haemorrhaging money trying to hold on to their coat tails.

The bloke at London must be one of the biggest losers of personal wealth compared to success & whilst the Dr at Salford is a real shot in the arm for the game, how many years is he going to hang around, until they start to be self sufficient?

Which is still, despite what many on here seem to think, nothing to do with any failings at Red Hall.

Nigel Wood is not the reason that Wakefield can't grasp the concept of paying a tax bill on time.

Halifax RLFC made a profit of £1,274 in 2012. That's a quid per speccy

Dr Koukash has said on numerous occasions that you can't make the required profits out of rugby league that is why he's looking at outside adventures to make money for the club to become self sufficient.

I don't think this is "terrible" news, at all, OK has never come out and said he was planning to run for a dynasty, he helped the club in a time of need and has now passed the reins, ok proved himself to be dedicated to the Bradford cause so I'm sure it's not a decision he's taken lightly and it's up to mike Moore (?) to carry on his good work - if it goes belly up again, then it's terrible, but this hardly is.

As for the other clubs, hull kr is all rumour and conjecture as far as I'm aware, I've not heard anything beyond fans talk, they've built a new stand and haven't appeared to recruit on the cheap.

Widnes again seem to be doing alright I'm not sure why being in the bottom half of the table means you must be struggling financially, widnes are building there way up.

No one wants situations like Wakefield and London (who aren't actually confirmed to be in financial trouble as far as I know just lots of rumours - not being naive but it's still noteworthy) the difference between rl and other sports is that other sports currently just kill off teams that can't keep up financially (Or dump them unceremoniously to the lower divisions - see rangers for more info)

But put this in perspective - in the mid to late 90s it was the saints and the wigans who were in financial trouble! At least our successful clubs now have a chance at being successful financially! This is a more than in most sports - wasn't it 311million the debt of man utd?

You can say what if chairman xyz pulls out, and there's always a chance, but if they do pull out they're going to want to get there money's worth, so will have to sell to people who can match the investment they've put in, so regardless it can be an upward spiral anyway.

People like McManus, Pearson, koukash(sp?), Moran(Warrington right?), lenaghan, Davy and all of them deserve a standing ovation, and should encourage more across the sport, not treat them with caution and suspicion

Oh and ps saints are aiming for break even by 2016/17 they have just built a stadium

Where did I say he was?

Wakefield were too busy paying inflated wages in a vain attempt to compete in a competition that’s beyond them.

But in order to increase support they had to lure people in with cheap S.T’s & have a modicum of success, but even that has proved too expensive.

It’s alright on your lofty loiner perch berating clubs for trying to aspire to compete & coming to Woods defence, however, with regards to Bradford dilemma, it’s got his sticky fingers all over it.

Sorry, Bradford don't actually seem to be in trouble. All that's happening is there's a change of ownership of the club.

There's just been an interview with one of the new owners on BBC Radio Leeds and he said that this wasn't a snap decision, that the new owners wouldn't have taken the club on if they didn't feel they would be capable of taking the club forward over the next 3 years and also have potential investors lined up.

In fact the new owners have actually been involved with the running of the club over the last 12 months anyway. Ryan Whitcut has been General Manager of the Bulls since Omar bought the club and Mark Moore's company not only sponsors part of the ground but he has also been an advisor at the club for the last 4 months.

But lets forget all that and just say Bradford are going out of business which is what a lot of people on here want to hear and want to happen, regardless of little things like facts.

I know that you're going to shoot me down here but, the Bulls don't look to be in rude health.
Ok had to pump additional fund in earlier this season to pay player wages and your crowds are massively down on last season so your income will have taken a hefty hit.
The game over here is creaking badly and unless your new owner(s) are in the Koucash or Ken Davy league, it's likely to be something of a struggle for you to get back to where your club was.
Mind you, I think your a few bob in front of Wakefield.

I'm not saying it's all sunshine and daisies at Odsal. However the current situation is far from the collapse many on here wish for. Omar Khan has left the club in a better state than the one it was in when he arrived and the new owners are not here for an overnight fix. They know it's a long term project to restore Bradford to it's former glories and a slow sensible rebuild, IMO, is a far better idea than boom and bust

Only last year. The previous year we lost over £2 million! We're also due to lose more this year than last as the club has paid out for cladding and the company charged with running the catering went bust. However, the club are forecasting much better health for the year after this, pending continued growth in the national economy.

On the plus side, we may get to see clubs playing for their very existance and the livelihood of the players and people employed.

Will those games be [imeaninful[/i enough for people?

Great stuff. Bit like Hunger Games. Bring it on!!!