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| It seems, unfortunately, that advice from the majority or Wakey fans and many other throughout the game, has fallen on deaf ears!
Bullbuilder has decided to support the clubs fund raising efforts and prop-up the existing BOD at the Bulls - [urlhttp://www.bullbuilder.co.uk/NewsItem.aspx?GUID=4f6b16ce-ca07-4608-ab22-ffe0a72661fa[/url
I can't help but think they are making a huge mistake and delaying the inevitable!
I also think, as a neutral who inadvertently had a front row seat when Trinity went through this, I think they are kidding themselves with statements like this "given that the club’s position is unique and not directly comparable to other recent administrations, such as that from which Wakefield emerged last season."
Let me tell you something, it is almost exactly the same and most of you guys know it! The only difference is the owe the tax man even more money than Wakefield!
I for one think they and other fans and clubs supporting this, are potentially making a huge error that they are likely to regret this in the too distant future. I genuinely hope they don't and I personally would be delighted to be proved wrong!
I wish the Bulls and their fans all the best... but equally, sorry guys... I am out!
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| Que sera sera
I think the problem with BullBuilder is that, although they have the mechanism, they never envisiged taking a share of the club and they don't have the manpower or will to do such a thing. Whereas at WT that was always a consideration, if needed.
Hope it turns out well for them.
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| Ted was after about £500K to keep us going however when we all saw the true picture its obvious that wasn't enough. If we had raised that money the club may have lasted another couple of months at the most.
Bulls are wanting twice that amount but I would think the true amount of their debt is probably over £2M.
However if the board are confident that two lots of £500K will see them through without problems, I would just like to echo the thoughts of a poster on Total RL.
"Why dosn't Hood and a couple more of the directors put up their house as collaterol if they are so confident that this amount will see them through"
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| Quote ="Inflatable_Armadillo"It seems, unfortunately, that advice from the majority or Wakey fans and many other throughout the game, has fallen on deaf ears!
Bullbuilder has decided to support the clubs fund raising efforts and prop-up the existing BOD at the Bulls - [urlhttp://www.bullbuilder.co.uk/NewsItem.aspx?GUID=4f6b16ce-ca07-4608-ab22-ffe0a72661fa[/url
I can't help but think they are making a huge mistake and delaying the inevitable!
I also think, as a neutral who inadvertently had a front row seat when Trinity went through this, I think they are kidding themselves with statements like this "given that the club’s position is unique and not directly comparable to other recent administrations, such as that from which Wakefield emerged last season."
Let me tell you something, it is almost exactly the same and most of you guys know it! The only difference is the owe the tax man even more money than Wakefield!
I for one think they and other fans and clubs supporting this, are potentially making a huge error that they are likely to regret this in the too distant future. I genuinely hope they don't and I personally would be delighted to be proved wrong!
I wish the Bulls and their fans all the best... but equally, sorry guys... I am out!'"
People let their hearts rule their heads - that's why sports clubs are rarely run like a business and why these things continue to happen.
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| There seems to be quite a few Bradford supporters willing to bail out the current mismanaged BOD simply to protect their ‘future star’ players.
Whilst it’s painful to see lads that have come through the junior ranks hawked off to the vultures, it’s the club they support, players come & go.
Take the hit, start again, and follow the Wakey model.
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| Why hasn't anyone said any of this in the press or on telly and radio? We all seem to be aware that that best thing for Bradford long term if to rip it up and start again, even though no-one is a fan of the results of administration on small businesses who get screwed over.
Why do I see article upon article about how Bradford 'have to be saved now' or will 'go out of business' it just doesn't add up (much like most clubs balance sheets.)
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| Quote ="t-r-i-n-i-t-y"Why hasn't anyone said any of this in the press or on telly and radio? We all seem to be aware that that best thing for Bradford long term if to rip it up and start again, even though no-one is a fan of the results of administration on small businesses who get screwed over.
Why do I see article upon article about how Bradford 'have to be saved now' or will 'go out of business' it just doesn't add up (much like most clubs balance sheets.)'"
Shoddy journalism.
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| Don't know if its been mentioned elsewhere, but Steve O'Connor at Widnes has chucked £10K in, claiming its times like these when the RL family should stick together, or some such guff!!
Is it me or is this a world away, from when we were in such troubles?
The media reporting of it, the need for the RL family spirit, the "genuine" moist eyed nature of it being a terrible thing for the game of RL more so than for the Bulls club itself.
I'm beginning to feel quite ill!!
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| Their board say they have a plan in place to make them sustainable but seems to be being a little bit coy over what that future policy is. How do all the people pledging know that the way they intend to make themselves viable isn't developing good players to sell for a profit? I'd want a few more hard facts before parting with any cash if I were them.
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| I'm just glad that other people have the same opinion as me in all of this.
This isn't a charity fundraiser, there are people at the Bulls who have seemingly allowed this to happen. They are a business and businesses cannot expect the public to pay their debts off.
Hope the Bulls can survive but there needs to be change and a long term strategy in place IMO.
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| It'll end in tears I'll tell thee!! What's to stop the RBS, who have already turned down an increase in facilities leading, in part,to this cash crisis, immediately using any of the newly raised cash to reduce its exposure still further?? Bradford fans who believe the pledge/donation route leads to salvation should be seeking assurances of the clubs bankers before a penny is paid over!
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| And now Leon Pryce is auctioning off his Grand Final winners shirt and ring for the cause. Leon, do that for a proper charity or your own benefit, not a rugby club. (Not that I mean to tell people what to do with their own possessions, but I'm sure you know what I mean.)
Why don't people understand that there will still be a rugby league club in Bradford regardless of whether they raise £1m or not!
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| Quote ="Legionited"I'm just glad that other people have the same opinion as me in all of this.
This isn't a charity fundraiser, there are people at the Bulls who have seemingly allowed this to happen. They are a business and businesses cannot expect the public to pay their debts off.
Hope the Bulls can survive but there needs to be change and a long term strategy in place IMO.'"
Rank hypocrisy is what it is - people are suckers for names - Gary Speed hangs himself and it's front page news a bin man from Grimsby does the same no one gives a toss.
The poster boys of SL struggle and it's a massive issue and every ones up for it, perenial strugglers like us or a few years back Halifax and it served us right, Pathetic.
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| If I was a Director/Shareholder of Bradford I would be delighted that people are prepared to give me money with no strings attached. The Club has been mis-managed and if the money is raised then the status quo remains - the Board will nave been rewarded for their mis-management.
I know how the Bradford fans are feeling, we felt it ourselves, and often the heart rules the head but think about it Bradford fans. There is nothing wrong with you putting your £100's in if that money will indeed make the Club solvent and sustainable but I would want some shares in the Club for the investment so that we the fans could have a stake in the Club and its future running.
I could understand it if the Bulls were making £1m worth of new shares available and the supporters bought/took up this share offer and had some ownership in the Club but its a £1m donation to a Board/Shareholders who have run the Club to the verge of bankruptcy.
I guess they will do whatever they see fit and accept the consequences, whatever they may be.
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| i know that this won't be read by anyone who still has to make up their mind about donating, but...
what is to say that the business plan (if saved) doesn't involve selling all of the players? they have said that they are not considering it at the moment, but in the future.....
players will be sold if necessary. fact.
don't part with your money, this is about to get worse.....(then hopefully better)
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| Quote ="vastman"Rank hypocrisy is what it is - people are suckers for names - Gary Speed hangs himself and it's front page news a bin man from Grimsby does the same no one gives a toss.
The poster boys of SL struggle and it's a massive issue and every ones up for it, perenial strugglers like us or a few years back Halifax and it served us right, Pathetic.'"
Yeah but rightly so, Speed was an inspiration to a generation of Leeds fans and will be missed by most footy fans all over the country. Your bin man from Grimsby, whilst probably a stand up chap is never going to make the front page.
No point feeling bitter about it, we just aren't as treasured to the game of RL as Bradford are, rightly or wrongly.
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| Quote ="vastman"Rank hypocrisy is what it is - people are suckers for names - Gary Speed hangs himself and it's front page news a bin man from Grimsby does the same no one gives a toss.
The poster boys of SL struggle and it's a massive issue and every ones up for it, perenial strugglers like us or a few years back Halifax and it served us right, Pathetic.'"
=#0040FFAbsolutely, and I think one of the biggest problems is you have some of the biggest names in the British game pushing this campaign on Twitter and Facebook as well as selling things on eBay and people are rallying behind them in the name of the "rugby league family". It's understandable that the likes of Jarrod Sammut and other Bulls players are wanting people to help because it's a matter of their job to them but perhaps people need to think about what good their money is going to do for the club by handing it over to their current owners.
The people in charge at the Bulls must be laughing at how much they've managed to raise already (in pledges of course). They could come out of this without having to face up to the situation they have found themselves in and it will mostly have been paid for by the general public.
As said before, Bradford Bulls are not a charity to the best of my knowledge and with that said I hope Sky Sports don't allow this weekends MOTM winners to nominate their £100 to be given to a business.
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| Where was Peacock and everyone else when the likes of Blackpool, Bramley and Oldham suffered. Nowhere to be seen.
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| Quote ="inside man"Where was Peacock and everyone else when the likes of Blackpool, Bramley and Oldham suffered. Nowhere to be seen.'"
Exactly. Its a tad nauseating isnt it?
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| Makes me want to vomit, I'm guessing oconner has pledged 10k real using they don't have a chance of making therefore his money is safe but no doubt if he does have to stump up it will be some kind of tax dodge so will not end up costing that much anyway.
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| Quote ="inside man"Makes me want to vomit, I'm guessing oconner has pledged 10k real using they don't have a chance of making therefore his money is safe but no doubt if he does have to stump up it will be some kind of tax dodge so will not end up costing that much anyway.'"
Or he'll get it back thru the turnstiles if the bradford masses choose to go and say thank you
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| Quote ="Legionited"The people in charge at the Bulls must be laughing at how much they've managed to raise already (in pledges of course). They could come out of this without having to face up to the situation they have found themselves in and it will mostly have been paid for by the general public.
'"
The general public will end up footing the bill whatever happens. At least this way, a decent percentage of the money will be raised by the Bradford rugby league-supporting general public, rather than the general tax payer, or local businesses that are owed money.
Let's be honest, if they can raise the cash, it's a better solution for the general public than if they can't. I completely agree with you, however, when it comes to all the bleeding heart stuff simply because this is Bradford, especially when other clubs in similar situations in the past have simply met with scorn and contempt. Totally nauseating.
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| Quote ="RebelRebel"The general public will end up footing the bill whatever happens. At least this way, a decent percentage of the money will be raised by the Bradford rugby league-supporting general public, rather than the general tax payer, or local businesses that are owed money.'"
=#0040FFWho is actually owed money by the Bulls? Isn't the problem that they owe the RFL money and are unable to pay that as well as the fact that the bank has withdrawn their overdraft facility meaning they can't afford to pay wages and suchlike? The RFL now own Odsal so surely they could recoup money from selling that on if the worst was to happen?
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| IIRC the RFL DON'T own Odsal...as was posted on here at the time, the RFL have taken over the lease for Odsal, so therefore would not be able to sell the ground if it all goes belly-up !!
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| I believe they paid their 700k loan from the RFL back with the sale of the lease on odsal. Theres a rather large image rights bill from the HMRC thats causing the concern by the sounds of it.
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