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| Quote Bulls Boy 2011="Bulls Boy 2011"1. Bradford actually refused to sell any players during the administration period. We was offered £300,000 from Warrington for Bateman, both player and the club refused.
2. The Bulls have a hardcore base of around 6,000 fans but have an average of 10,000. Each supporter was willing to donate to the club. Hence the £500,000 was raised. With all due respect to Salford they do not have this man power or the motivation to save (no disrespect intended) if I am wrong please correct me.
3. Yes the RFL did help us....but at what cost? 6 point deduction which cost us a playoff place (which provides more money) =#8000FFand also half the sky money for the next 2 years (so we are at a disadvantage over the next 2 years with less money than the majority of clubs).'"
Wakefield had to survive the first 2 years in SL with no money from RFL or Sky. No one worried about us then!
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| Quote bren2k="bren2k"Let's see if that remains the case in 2 years time; I have a suspicion that the mysteriously 'withheld' Sky money could see the new owner of Bradford suddenly in possession of a large, Odsal shaped hole in the ground.'"
The withheld SKY money is going to the other Superleague clubs.
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| Quote AdeleMC="AdeleMC"The withheld SKY money is going to the other Superleague clubs.'"
I'm aware of that - I imagine it was the only way that the SL Chairmen could be persuaded to vote for the RFL's increasingly crackpot handling of the situation.
It doesn't have any impact on how I perceive the situation.
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| Quote Catnap="Catnap"That's because you've already had it in advance in loans to run the club and keep the team together last season, what don't the blubbs fans understand about that?'"
They didn't loan us SKY money two years in advance. Even if the RFL paid wages for 3 months of the season.. Baring in mind when Mr Khan bought us that would be nowhere near that amount of money. Unsure where you've got that from.
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| Quote bren2k="bren2k"I'm aware of that - I imagine it was the only way that the SL Chairmen could be persuaded to vote for the RFL's increasingly crackpot handling of the situation.
It doesn't have any impact on how I perceive the situation.'"
Of course not. Bradford Council still have the freehold of Odsal anyway and believe me many of Bradford's fans wernt happy with how everything was dealt with. I'm trying to point out that `RFL help` isnt always a good thing. It made finding a buyer more difficult and has left the new owner at a disadvantage.
Yes we have a new owner & everythings good but IMO If our previous chair admitted the problems initially with Odsal's leasehold intact the club/new owner would be in a better position now.
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| Quote AdeleMC="AdeleMC"Of course not. Bradford Council still have the freehold of Odsal anyway and believe me many of Bradford's fans wernt happy with how everything was dealt with. =#FF0000I'm trying to point out that `RFL help` isnt always a good thing. It made finding a buyer more difficult and has left the new owner at a disadvantage.
Yes we have a new owner & everythings good but IMO If our previous chair admitted the problems initially with Odsal's leasehold intact the club/new owner would be in a better position now.'"
Yeah it would have been so much better without all that pesky RFL help!!!
I've never heard such disingenuous crap!!
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| Just for a minute I thought i'd pressed the Bulls forum by mistake !
There are 2 or 3 issues which still remain puzzling regarding the Bulls admin and re-forming
1, Why were the players not sold, whien it is usually the administrators duty to raise as much cash as possible to pay of the creditors, either in part or in full.
2, What exactly is the situation concerning advence monies and withheld monies from Sky and why would a sponsor be allowed to withhold any cash.
3, Finally, for the Bulls fans who actually think their club has been hard done by. Even with the RFL taking on the lease and this causing a subsequent problem with their security with the bank, there is no way in this world that the Bulls would have survived without the substantial help from the RFL and with this in mind, surely the RFL should be doing everything possible to ensure the survival of Salford along with any other club that falls into difficulty !
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| Quote kinleycat="kinleycat"Yeah it would have been so much better without all that pesky RFL help!!!
I've never heard such disingenuous crap!!'"
I meant if the RFL do what they did with Bradford and buy the lease to Salfords stadium... pay the wages for the rest of the season in advanced sky money and allow any debts to build up it may prove harder for Salford to find a buyer because a new owner would then need to pump more money into the club in the long run.
The above would be unlikely because we arent mid season anyway. Each situation is different.
The RFL helping Bradford was the only way for us to survive at the time but what im saying is in my opinion the old board should have made everyone aware of Bradfords debts sooner and then we wouldnt have been in the position where the RFL had to / wanted to buy the lease at Odsal and where SKY money had to be advanced because this has made things harder for our new owner.
I think the old board at Bradford delayed and delayed until we ended up in a mess.
I do think the RFL is partly to blame for every club that has got into financial difficulty since the licenses have been awarded. For the finances at Bradford not to have been noted when licenses were granted is unlikely. Very few clubs have broken even over the last few years & that needs to be looked at. Unfortunately the game is being run on quick sand at the moment and there's many clubs going through financial difficulties.
I know other forums suggest the SKY money from Bradford may have been put to better use going into some kind of `emergency fund` for clubs that are struggling. I hope that Salford get through the problem they have and that the fans there pull together and try and raise money ( but ensure it's safe and doesnt get swallowed up ) I know i will pledge to help them. I wouldnt want any club to get into that position.
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| Quote AdeleMC="AdeleMC"I think the old board at Bradford delayed and delayed until we ended up in a mess.'"
If they hadn't been propped up with half a million quid of donations, they might have gone sooner.
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| For the record the RFL did not "Buy" the lease for Odsal, they took it in part payment for a £1.25m loan that still didn't manage to keep the club afloat (£700k of that loan related to outstanding monies from a previous loan which is effectively what the RFL valued the lease at) they then advanced the Bulls a further £550k to help them last them through closed season Dec 2011-Jan 2012, the £500k raised by fans cleared the directors liabilities and went nowhere to pay of any of the other debts, so all the Bulls fans did was help the numpties that put them in the mess. Without a shadow of doubt players should have been sold and the administrator was not independent and was clearly having his strings pulled, a 6 point deductions was more than fair as the club did not deserve their league position, as they were fielding a team they could not afford, which is what was causing the debt to increase weak in weak out
There is some coffee on the stove, may I suggest you wake up and smell it
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| In short bulls got help from rfl and other resources and so should salford.
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| Quote supercat="supercat"In short bulls got help from rfl and other resources and so should salford.'"
I agree.. but maybe in a different way. Something should be set up to help clubs going into financial difficulties because its happening too often.
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