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| Lets be honest, if we removed the Salary cap it would basically be a 3 team competition between Wigan, Warrington and leeds.
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| Feel pretty sorry for the Bulls fans who have been put into this predicament. And as much as we all know the Rugby League community sticks together with these sort of things I'm not so sure they are gonna get the fund's they need. It's rather sad that the club and it's directors that have gotten them into this mess are now asking fans to bail them out financially or the "game against Leeds at odsal could be their last"
It seems a bit too much like emotional blackmail and desperation to me, and if maybe the club had been more honest in public about the situation then maybe things could have been done differently.
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| Quote ="Sibbs Rhinos"Lets be honest, if we removed the Salary cap it would basically be a 3 team competition between Wigan, Warrington and leeds.'"
I dont think we should scrap the cap but make it so it encourages clubs to bring in asmuch cash as possible. Make the cap so you can only spend 50% of your income on the top 25 earners in your squad. More income more to spend on players and more to develop all the other areas in your club.
The RFL need to come up more money for clubs aswell, Al Jazeera are being touted by the premier league as potential rivals to sky for the next tv deal, the RFL need to come up with a rival to sky, each club gets £1m a year from sky we need it to be more. I dont think we get anything for bbcs coverage of the CC, lets get channel 5 interested. The steady income of each club needs to be raised.
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| Quote ="Sibbs Rhinos"Lets be honest, if we removed the Salary cap it would basically be a 3 team competition between Wigan, Warrington and leeds.'"
So hold back the clubs who work hard to generate business....!!!!! Its time some clubs started to realise we are living in the here and now, and not in some glorious past...!!!! For all our history, we have a vibrant marketing dept which is working hard on our behalf.
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| Bradford Northern went out of business in 1963 and then reformed to later become World Champions 3 times!
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| I can understand the passion and raw emotion causing Bradford fans to give and plead for donations, but what exactly will they be getting for their money? With the same people in charge, what's to say this won't happen again? Serious questions need to be asked about the club's long-term viability under the present stewardship. Giving money to the people who got the club in this situation doesn't sit right with me. If the RFL and the game as a whole uses this debacle as a reality check then maybe we as a sport will be able to learn valuable lessons and grow stronger. However I fear it will be papered over only to come back to haunt is in the not too distant future.
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| How have things( finances ) at Bradford changed so quickly after being awarded a 3yr franchise Mr RFL, answers please.
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| Quote ="Pemps"Widnes, Wigan, Bradford, Leeds. all 4 got into financial difficulty when there was no cap. The cap has to remain in some form.'"
The fact that several clubs got into financial difficulty pre-cap is no reason to keep it
given it clearly does not prevent clubs getting into financial difficulty as we have seen with the Crusaders, London and now Bradford.
The cap has nothing to do with financial viability any more and has not ever since the 50% rule went out of the window.
The cap is all about trying to even out the competition and it doesn't even do that.
Bradford have hardly broken the bank on players recently anyway and things like the Harris settlement and God knows what else will have no doubt conspired against them but I'd guess over-paying players is not high on the list of reasons for their current problems.
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| Quote ="Young Warrior"Classic case of the rich get richer and the poor get poorer. Bringing that in would see the top sides take all the best talent from the poorer sides, and the poorer sides would suffer as no-one of any quality would like to go there. Stupid idea.'"
So how do you explain the likes of Atkins and Ratchford at Warrington and McCarthy-Scarsbrook at Saints, despite their already being a hard cap in place?
At the end of the day the main reason for the longevity of the salary cap has been to increase competitive balance and that hasn't happened. 13 out of the 14 Grand Finals have been between, Leeds, Wigan, Saints and Bradford so exactly what has the salary cap achieved?
I think we need to forget about some of the smaller clubs for now and concentrate on having a league where we have 8 strong teams, which will see the standard of the competition increase. Having less financial constraints on clubs that can spend would see the quality increase too.
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| Quote ="Sibbs Rhinos"Lets be honest, if we removed the Salary cap it would basically be a 3 team competition between Wigan, Warrington and leeds.'"
As it opposed to what it is now? Wigan, Warrington, Leeds and Saints competing for honours?
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| Quote ="Bill_Barlow"How would only a % of a homegrown players wage counting on the cap help Bradford in this situation? Its ideas to raise clubs income that needs looking at ASAP, not enough clubs are profitable. If anything clubs need to be spending less on wages than finding ways to enable them to spend more. The sponsor deal with Stobart is a flop, its brought nothing to the clubs but gets Stobart all over sky tv for next to nothing.'"
I agree. The RFL need to be encouraging Super League clubs to be actively seeking more sponsorship which in turn could allow clubs to spend more on salaries. I don't hold out much hope though when RFL do a deal with Stobart seeing no money exchanged, while Rugby Union sign a 5 year deal with Aviva worth £20m.
I've just finished my dissertation on this very subject focusing on issues with the Salary Cap so this news has been bang on for me and proved my point. The RFL have also made profit for the last 7 seasons, where has this money gone?
It's almost as if Rugby League in order to survive needs to become as commercialised as the North American sports. Whether fans like it or not, it could be a route which needs to be taken in order for a sport to survive.
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| Quote ="Coventry Warrior!"
It's almost as if Rugby League in order to survive needs to become as commercialised as the North American sports. Whether fans like it or not, it could be a route which needs to be taken in order for a sport to survive.'"
I am not sure quite what you mean by "as commercialised as the North American sports" but as soon as the competition went full time across the board I was saying way back then that doing so implies a lot more money is required by the sport and also if you want players to be full time they will expect paying a lot of money because their career is short.
I think we want a pro sport on the cheap.
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| Quote ="DaveO"I am not sure quite what you mean by "as commercialised as the North American sports" but as soon as the competition went full time across the board I was saying way back then that doing so implies a lot more money is required by the sport and also if you want players to be full time they will expect paying a lot of money because their career is short.
I think we want a pro sport on the cheap.'"
By that I mean that we need to be squeezing as much money as we can from all possible places. The adverts and sponsors for everything in the North American Sports maybe seen as a joke, but it makes a hell of a lot of money.
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| People continue to miss the point on the SC, I'm afraid.
Pointing to financial faliures in the pre-SC era is irrelevant to the question of whether the current system of financial controls on clubs (of which the SC is a major part) is working. It clearly isn't. The number of clubs that have got into serious financial difficulties in the SC era is astonishing - Bradford, Wakefield, Crusaders, London (several times), Widnes and the GatesHull and Shuddersfield fiascos spring to mind (there are probably others!).
Spending on players is only part of the problem, other expenditure needs to be controlled as well and we desperately need to get more revenue into the game.
Someone said that clubs can't afford players' wages. If that is true - bearing in mind the SC has not been raised in line with inflation and is therefore at least 30% lower in real terms than when it was brought in - RL is in a shocking state.
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| Quote ="DaveO"I think the bank not being at least part of the problem is one of the least likely scenarios these days.'"
In a sense, yes, but the main reason RBS have acted now is because part of the loan was secured against Odsal, which is no longer a Bulls asset.
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| Quote ="Geoff"In a sense, yes, but the main reason RBS have acted now is because part of the loan was secured against Odsal, which is no longer a Bulls asset.'"
When I heard that news last night on Look North I couldn't believe it, what a monumental oversight by the Bulls. It's no wonder folk are reluctant to pledge.
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| Quote ="Wigan Peer"Anybody who thinks that a bank is, or ever was a charity needs thier bonce looking at.'"
Who has suggested that?
There are many I've heard suggesting, however, that RBS is not even a bank.
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| Quote ="ROBINSON"Who has suggested that?
There are many I've heard suggesting, however, that RBS is not even a bank.'"
Whats that got to do with the price of cheese?
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| Something seriously does not add up here.
If the club is insolvent then the sale of the lease to the RFL may be challenged, unless it was at market value.
If the RFL paid market value (presumably a reasonably substantial amount given that RBS were apparently relying on it for security) then what happened to the cash?
If the proceeds went to pay down the overdraft RBS could hardly complain (if they did they'd be admitting they overvalued the lease for security purposes).
I suspect there is more going on here than we yet know about, further details may emerge of this latest bit of wheeling and dealing in the RL world.
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| Quote ="LovesToSpooge"When I heard that news last night on Look North I couldn't believe it, what a monumental oversight by the Bulls. It's no wonder folk are reluctant to pledge.'"
Yet one of the press reports say that the long term liabilities of club are covered, also saying Peter Hood is throwing out mixed messages saying they are at deaths door or not
Still maintain the RBS are forcing them into admin by demanding there money back which in my own experience will be in an unreasnable time scale therefore looking more likely more tax payers money will be wrote off were as with a little bit of clver business thinking the could recoup there money long term
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| Surely if they were in so much financial trouble then the cheap season tickets over the past 2 years werent the best idea? They obviously wouldn't have shipped as many but less tickets at full price would likely result in more cash than lots of tickets at 60/80 quid?
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| Over on the other Yorkshire forums, there is little sympathy for Bradford's plight and a more narrow minded "serves them right" and "who can we get on the cheap from this" attitude. I find this almost more horrifying than the prospect of losing one of the best supported teams in a league where only 5 clubs out of 14 managed to average more than 10,000 per game.
The RFL need to be better informed and better prepared to deal with this type of situation as it devalues the game as a whole and puts a risk future sponsorship and investment. Whoever has been running Bradford has some questions to answer regarding how much of a surprise this is. Also, if the RFL took ownership of Odsal when it was considered by RBS as an asset, then it's not surprising the overdraft has been cut.
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| I just can't see how it has been allowed to happen with the franchising system etc. I get the feeling there was a monty pythonesque sketch when licences were applied for.
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| Quote ="Deano G"
Someone said that clubs can't afford players' wages. If that is true - bearing in mind the SC has not been raised in line with inflation and is therefore at least 30% lower in real terms than when it was brought in - RL is in a shocking state.'"
I do know that last season 90% of the salary cap's across Super League were used with the bottom 4 clubs spending up to 79% on average.
Since 2003 the top 4 clubs in Super League have been spending around 98% 99% and 100% of the cap each season.
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| Quote ="Geoff"In a sense, yes, but the main reason RBS have acted now is because part of the loan was secured against Odsal, which is no longer a Bulls asset.'"
If the ground was used as collateral, RBS would have had a lien on it. The money from any sale would have gone direct to them.
RBS, along with most of the other banks carried out a strategic review of their liabilities. Anyone, personal customers, businesses, governments, whatever, the risk of default was calculated and lending facilities adjusted accordingly. The bad thing about this was that companies, individuals didn't get any notice and real draconian rules were brought in. If sufficient guarantees weren't forthcoming then overdraft facility's were severely limited or withdrawn altogether. A shed load of businesses went bust with full order books, merely because their cash flow position went ar*e up. Not saying this is the whole case surrounding Bradford but things that look pretty bad at the moment can turn rosy in a few months time.
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