Re: Odsal lease up for sale : Tue Oct 17, 2023 3:36 pm  

Where are the capitalised named loony-bins when you need a little entertainment...

Re: Odsal lease up for sale : Tue Oct 17, 2023 4:11 pm  

Nothus wrote:

IMG related? In what way?

I'd say it's more likely the governing body are a bit strapped for cash and selling off some assets.

Genuine question, how much did the RFL pay for the the lease?, and if they get the £750k sale price do they make a profit or a loss.
Thanks

Re: Odsal lease up for sale : Tue Oct 17, 2023 4:18 pm  

Dunkirk Spirit wrote: Genuine question, how much did the RFL pay for the the lease?, and if they get the £750k sale price do they make a profit or a loss. Thanks £1.25m initially, but they devalued it by £400k in 2018... https://www.thetelegraphandargus.co.uk/news/16346917.rfl-drops-valuation-bradford-bulls-odsal-stadium-400-000/

Dunkirk Spirit wrote: Genuine question, how much did the RFL pay for the the lease?, and if they get the £750k sale price do they make a profit or a loss. Thanks £1.25m initially, but they devalued it by £400k in 2018... https://www.thetelegraphandargus.co.uk/news/16346917.rfl-drops-valuation-bradford-bulls-odsal-stadium-400-000/

Re: Odsal lease up for sale : Tue Oct 17, 2023 4:23 pm  

Got to take into account they've made £125,000 a year in rent too.

Re: Odsal lease up for sale : Tue Oct 17, 2023 4:38 pm  

And they have done nothing to ensure the upkeep of the ground. No surprise it’s depreciated.

Wouldn’t be a Bradford off-season if we didn’t have a discussion about Odsal.

Re: Odsal lease up for sale : Tue Oct 17, 2023 4:40 pm  

I don't trust the RFL to protect the Bulls in any sale.

Re: Odsal lease up for sale : Tue Oct 17, 2023 5:22 pm  

[quote="Bulls4"]And they have done nothing to ensure the upkeep of the ground. No surprise it’s depreciated.
Come on be fair we did get some second hand posts.

Re: Odsal lease up for sale : Tue Oct 17, 2023 6:35 pm  

bullinenemyland wrote: £1.25m initially, but they devalued it by £400k in 2018... https://www.thetelegraphandargus.co.uk/news/16346917.rfl-drops-valuation-bradford-bulls-odsal-stadium-400-000/ Thank you for your honest reply, and those people at the RFL (some have already been removed wi a golden handshake). wonder why the majority of RL fans also have no faith in the game’s administrators. See you at Belle Vue next season, providing those same administrators don’t cock up the championship and league one structure.

bullinenemyland wrote: £1.25m initially, but they devalued it by £400k in 2018... https://www.thetelegraphandargus.co.uk/news/16346917.rfl-drops-valuation-bradford-bulls-odsal-stadium-400-000/ Thank you for your honest reply, and those people at the RFL (some have already been removed wi a golden handshake). wonder why the majority of RL fans also have no faith in the game’s administrators. See you at Belle Vue next season, providing those same administrators don’t cock up the championship and league one structure.

Re: Odsal lease up for sale : Tue Oct 17, 2023 7:42 pm  

paulwalker71 wrote:

Well, does anyone remember back in the glory days when threads like this would instantly have 20+ pages?

Back then, there were a fair few regular posters who reckoned that the whole thing about the RFL buying the lease was all a long-term plot for Nigel Wood to eventually get hold of the Odsal lease at a knockdown price.

Perhaps we are now entering the end game **places fingers together conspiratorially**

Maybe now we'll get the reasons for the lease sale, the constant insertion of useless owners who then went bust, and all that crap from the last decade...

Bulls RLFans is renowned for its monster-length threads. Sadly, they only appear in times of trouble. Let's hope this one is a short one!

Re: Odsal lease up for sale : Wed Oct 18, 2023 7:02 am  

Nothus wrote:

IMG related? In what way?

Hirst says IMG put 'significant obligations on stadium owners' so looks like they'd have to bring it up to scratch at some point.

Another RFL own goal?