Sorry if i've missed a thread regarding the Bulls admin but can someone help me out a little here.
I've been watching the Bulls saga as most rugby league people have and i've a lot of sympathy with the speccci's,we have after all been there.
Can someone explain to a numbnuts like me the difference between our admin and Bradfords?
Ours seemed to be a case of get the administraters in,flog our most valuable assets to whichever vultures appear knocking on the door,I assumed this was the norm for admin,however Bradfords seems much less hurried,no panic selling,investers in the wings (or not),is there different types of admin or did we get the wrong administraters?
Someone explain it to me as it's doing my head in!!
Cheers.

it stinks ,are the rugby league looking after them knowing there investment.in the ground

Yes the RFL

the bulls, and the Asian business man/men is the owner of Akbars, not a done deal yet, the administraters did not mess about when it came to Trinity and should not do so for Bull, for me it stinks..

it says on bulls site they are going to buy the lease back from rlfc.ok but will they do a check on them for a fit and propper person test we will see.

Aye they will probably sell it back to Bradford for a £1 or something! Cheers RFL...

And who are they?

this is an easy one , the RFL are using Vaseline with the Bulls , All we had was tears

The talk is of a consortium of Bradford businessmen from the Asian community - good stuff if true.

I seem to recall reading somewhere that the administrator in Bradford's case has been paid up front, whereas ours was required to recoup his own fees from the sale of assets i.e players - not sure if I've dreamt that or if it's actually the case.

Either way, the wages are due on Friday and any business man worth his salt wouldn't take on that liability if he didn't have to; it will be interesting to see how that bill is covered.

Bradford business men from the Asian community? Wouldn't trust them as far as I could throw them.

Jarrad hickey will be back over if these Asians take over.

Did someone say all you can eat Buffett.

You mean like Wakefield Council and us way back when?

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Obviously the mess Bradford is in is more complicated that the one we were in. That and our administrators made the club as attractive as possible by cutting costs on and off the field. If memory serves me correct, there wasn't a massive panic about a buyer as the administrators never said a deal had to be done quickly to 'save' the club, making the process less of a race so things could be done properly.

There are good administrators and bad administrators, and while ours had to sell players, I'd say we had a relatively pain free process thanks to them.

Any good reason, or just simply racial prejudice?

Bit of both.

Dont let facts get in the way of things Jinger, you will confuse people.

I stand corrected. Too easy to throw stones at the RFL regardless.

17 day extension? How long can this go on for? Getting wages paid by the RFL? Takes the mickey when comparing to other clubs who have gone to the wall.

Bulls ok for another few weeks, the rfl are paying the wages for July...

The RFL are advancing them money they would have got later in the season. They helped us in many ways through our admin, and are doing the same here. I'd put more blame at the doors of the administrators for the way this has been dealt with and those who got them in it in the first place.

Can't stand administrators who are always in the press, couldn't name who ours was, they just got on with it.

It seems that the consortium looking to buy the Bulls want Odsal handing back to them. I'd be a little wary of someone who as a condition of purchase wants Odsal back rather than being prepared to rent from the RFL. Okay it makes them more secure but the RFL allegedly purchased the lease from the Bulls to protect this iconic stadium from predatory Developers.

I'm sure the RFL are clever enough to sell them the lease at market value and place covenants to ensure that it remains used for Rugby League rather than risk someone buying the Bulls cheaply and then selling Odsal for development and making a killing.

If thats true then its even more important they (rfl) hang on to the lease, you would think any predator would be waiting in the wings for the chance to strike.

Or maybe the predator is the one making the bid to save them

as Wakefield fans we should be grateful that we survived and are doing reasonable well and not worry too much about Bradford fate.

just let them get on with what ever they intend to do with the Bulls and keep it in our memory bank for a rainy day

Have you got connection with the Bulls you seem to know every thing and you are very protective...?? just a question..

I know but they are holding up our new signings

consortium my , I would be very weary with the last minute inquiry especially these Bradford business men, like you say their intentions may be honorable but looks suspicious when they want to buy the ground back, mind you they haven't much choice have they

the RFL has been so thick it will probably not think of putting conditions in place to protect Odsal from redevelopment