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| Quote Backwoodsman="Backwoodsman"I would be extremely interested to see an independent valuation of odsal.
Commercial property prices have dropped through the floor,and are still
Dropping, as I have found to my cost.
Also odsal is an unusual site ,it probably would be a difficult site for a
devolpment .'"
Apparently the land is contaminated as well, which can limit certain development potential from what i've read.
This whole saga has been a cloud over the season and it looks set to continue for some time. This new development raises far more questions than answers and once the details are finalised i don't think i'm the only one that wants some answers and transparency.
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| Quote Backwoodsman="Backwoodsman"I would be extremely interested to see an independent valuation of odsal.
Commercial property prices have dropped through the floor,and are still
Dropping, as I have found to my cost.
Also odsal is an unusual site ,it probably would be a difficult site for a
devolpment .'"
Indeed. My first thoughts were also just how much value is there in a lease of a site built on contaminated ground that comes with restrictions on it.
And yet, the Asian consortium saw something in Odsal which they thought they could turn a profit on.
It would have been interesting to have been a fly on the wall at their meetings with the Administrator.
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| Just wonder what the SL will do next season when the [inext[/i club inevitably gets into the same financial dire straits.
Hope an unlikely bluddy good sponsorship deal can be secured for a good few years.
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| how can the SL buy a club, durely a conflict of interest !
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| Can you imagine owning a house which has been built on what was the Bradford Bulls pitch ?
You'd never get your car up the hill and out of the estate for four months in the winter, your days would be at least four hours shorter than everyone else's as the sun rose and set over the lip of the crater and the corners of your garden would curl upwards like a four day old sandwich.
And the whole estate would be haunted at night by a strange creature in an afro wig and Dennis the Menace jumper who whizzes around the streets at night on a mini motorbike to Queen songs.
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| The Bulls debt has been revealed as one and a half million pounds, my rough calculations would indicate the original debt must have been pushing up to two and a half million pounds.
This before the half a million fund raising input,and the sale of the lease,this seems a crazy sum of money. I am assuming this debt will be taken up by the
owners. If that's the case this deal looks commercially stupid.
Anybody who has some more accurate figures for the bulls, or even better estimates than mine please send them in. I should imagine a fair number of SL
clubs must be pondering over this transaction.
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Player Coach | 489 | No Team Selected |
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| Just read the article on the Sky Sports website about the "new deadline" and noticed this bit.
Quote new deadlineGuilfoyle stressed that any offers must be unconditional following the RFL's rejection of the ABC consortium's request for guarantees that the Bulls would remain in Super League.
He added: "Any purchaser is taking a chance on whether the club will be continuing in the Super League or playing in the Championship next season.
"If it's the latter, then the owner will still be paying Super League wages for up to 20 players for the next year.'" [urlhttp://www1.skysports.com/rugby-league/news/12213/7976027/Deadline-for-Bulls-buyers[/url
Surely if they were relegated they would be breaking the salary cap?
Does this mean that they will be staying put?
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Club Owner | 1606 | No Team Selected |
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| That's Guilfoyle talking utter gash. As far as I'm aware, all player contracts at a Super League club are 'Super League' contracts, and become null and void should the club lose their Super League license.
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| Quote Superted="Superted"That's Guilfoyle talking utter gash. As far as I'm aware, all player contracts at a Super League club are 'Super League' contracts, and become null and void should the club lose their Super League license.'"
I can't help but think that he's taken the Bulls, RFL and potential new owners on a massive wild goose chase to increase his time in charge and thus his fee.
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| He wouldn't be the first.
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| Quote Superted="Superted"That's Guilfoyle talking utter gash. As far as I'm aware, all player contracts at a Super League club are 'Super League' contracts, and become null and void should the club lose their Super League license.'"
I've always wondered why a player would agree to that contract stipulation.
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| If he's got that wrong, he could potentially cause people to walk away from a deal to buy - serious legal implications!
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| Not kicked out and the RFL paying next months wages for the playoffs? 
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| Quote Superted="Superted"That's Guilfoyle talking utter gash. As far as I'm aware, all player contracts at a Super League club are 'Super League' contracts, and become null and void should the club lose their Super League license.'"
MAybe that changed with franchises. Not sure and not a contract expert but as the threat of relegation was stopped there may have been small changes.
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