Re: Leaving Odsal and future in general : Mon Oct 07, 2019 9:46 am  

Greg Florimos Boots wrote:

Id imagine that next years central funding has been used to cover wages this season and not much else. After it broke mid season that players had been paid on time, according to contract, but not 2 days early as they had been expecting (edited to combat fake news) the last thing Bradford needed was to have players declaring their contrcts null and void half way through a season so I guess the RFL stepped in. The downside been that there was no real way for Bradford ever to make that money back so although the RFL may have thought they were doing the right thing it was actaully creating a bigger problem and maybe the special measures were added to try and force AC's hand and hopefully bring in some new investment from somewhere.

I know its been specualted how much Bradford have spent on their squad and a six figure pension payment shortfall, if true, suggests that those figures may not be that wide of the mark.

This last bit is interesting though. Salary cap has been about £600k. workplace pensions are 8% total - made up of employer 3% and employee 5%.
So I'm struggling to make 8% of £600k add up to a 6 figure sum. I've got about £48k. Unless this has been going on longer than a year.
Also interesting is the fact that the staff have had their pensions paid, but not the players. How can that discrepancy be explained?

Re: Leaving Odsal and future in general : Mon Oct 07, 2019 9:55 am  

Good point. To get to 6 figures how long would it have been going on for?

What checks do the Govt have in place. You'd hope that they's spot this and rap their knuckles long before it became an issue. Am I expecting the Govt to have properly set up data platforms that talk to each other?

[Bulliac]

Re: Leaving Odsal and future in general : Mon Oct 07, 2019 10:14 am  

Not sure WE should take some things seriously. It was the mention of twitter which did it for me.

Re: Leaving Odsal and future in general : Mon Oct 07, 2019 10:45 am  

Scarey71 wrote:

It's interesting that those really in the know, SMTMUK and Matty Ryan etc seem to be pointing the finger at the RFL.

The tweet about Big Nige being the string puller, the RFL being corrupt B4st4rds and 'Land Fill' has gone but enough hints to say this has been a three year operation by the Pie-man.

So what it looks like to me is that just as we leave the tip, the Richard Dunn site is about to be cleared leaving a really profitable parcel of land for someone inc CBMDC, Chalmers says goodbye, not by going into Administration as you would expect but by some-one *buying* the club (what is there to buy?), thus giving Chalmers his money back and by lucky hapt a cock up with pensions gives everyone the diversion to look away whilst Nige pats AC on the back for a job well done and him and a couple of buddies, acting as a front, settle in to a heroes welcome.

X-files has got phuq all on us!!! Buying the Bulls! They really think we are that stupid? 'I'll buy you debt if that's ok?!?!?'

Shull Bit!

Interesting theorem.

Re: Leaving Odsal and future in general : Mon Oct 07, 2019 10:52 am  

Scarey71 wrote:

Good point. To get to 6 figures how long would it have been going on for?

What checks do the Govt have in place. You'd hope that they's spot this and rap their knuckles long before it became an issue. Am I expecting the Govt to have properly set up data platforms that talk to each other?

Think you are on the wrong thread. This should be on the jokes thread.

Re: Leaving Odsal and future in general : Mon Oct 07, 2019 11:05 am  

"Some are saying that the new shareholder (or one of them) is ex Wakey's Chris Brereton. If you look him up on Companies House, Chris is not a man of substance. He conveniently appears to look like an AC#2. Is that good for the club? Who else (if anybody) is part of the so called new consortium, and most importantly what cash will they put down on the table. Did the new consortium even do any thorough due diligence. After all it is rumoured that they may have to stump up >£500K for the club's present debts. As said earlier might the new consortium be no more than a sticking plaster solution for the club's apparent 'puppet master'.

CLARIFICATION re THE ABOVE- it now appears from a reliable source (not Carto) that Chris B did a decent job at Wakey and helped reduce the club's debts post his Board appointment in 2013. He never saw eye to eye with Carto, but that's no sin - folk do clash. CB and MC parted ways last November.Does this means that CB is the man for the Bulls and/or the apparent puppet master? Maybe; maybe not. Regardless, seems like the consortium deal may have hit the buffers in the RFL. Is CB a fit and proper person? Are the RFL a good tenant of Odsal? Many questions; answers likely to follow.

Re: Leaving Odsal and future in general : Mon Oct 07, 2019 11:09 am  

nestegg wrote: "Some are saying that the new shareholder (or one of them) is ex Wakey's Chris Brereton. If you look him up on Companies House, Chris is not a man of substance. He conveniently appears to look like an AC#2. Is that good for the club? Who else (if anybody) is part of the so called new consortium, and most importantly what cash will they put down on the table. Did the new consortium even do any thorough due diligence. After all it is rumoured that they may have to stump up >£500K for the club's present debts. As said earlier might the new consortium be no more than a sticking plaster solution for the club's apparent 'puppet master'. CORRECTION TO THE ABOVE- it now appears from a reliable source (not Carto) that Chris B did a decent job at Wakey and helped reduce the club's debts post his Board appointment in 2013. He never saw eye to eye with Carto, but that's no sin - folk do clash. CB and MC parted ways last November.Does this means that CB is the man for the Bulls and/or the apparent puppet master? Maybe; maybe not. Regardless, seems like the consortium deal may have hit the buffers in the RFL. Is CB a fit and proper person? Are the RFL a good tenant of Odsal? Many questions; answers likely to follow. https://www.youtube.com/watch?reload=9&v=hAAlDoAtV7Y You are the cigarette smoking man, and I claim my five pounds.

nestegg wrote: "Some are saying that the new shareholder (or one of them) is ex Wakey's Chris Brereton. If you look him up on Companies House, Chris is not a man of substance. He conveniently appears to look like an AC#2. Is that good for the club? Who else (if anybody) is part of the so called new consortium, and most importantly what cash will they put down on the table. Did the new consortium even do any thorough due diligence. After all it is rumoured that they may have to stump up >£500K for the club's present debts. As said earlier might the new consortium be no more than a sticking plaster solution for the club's apparent 'puppet master'. CORRECTION TO THE ABOVE- it now appears from a reliable source (not Carto) that Chris B did a decent job at Wakey and helped reduce the club's debts post his Board appointment in 2013. He never saw eye to eye with Carto, but that's no sin - folk do clash. CB and MC parted ways last November.Does this means that CB is the man for the Bulls and/or the apparent puppet master? Maybe; maybe not. Regardless, seems like the consortium deal may have hit the buffers in the RFL. Is CB a fit and proper person? Are the RFL a good tenant of Odsal? Many questions; answers likely to follow. https://www.youtube.com/watch?reload=9&v=hAAlDoAtV7Y You are the cigarette smoking man, and I claim my five pounds.

[Pumpetypump]

Re: Leaving Odsal and future in general : Mon Oct 07, 2019 11:16 am  

So we have a new team coming in with little money but with plans to make us a sustainable club. We've been crying out for someone like that since we last had a new team coming in with little money but with plans to make us a sustainable club.

Still at least it will be a refreshing change from the previous 2 or 3 times before that when a new team came in with little money but with plans to make us a sustainable club.

By the way I'm totalling calling myself "we" from now on.

Re: Leaving Odsal and future in general : Mon Oct 07, 2019 11:19 am  

Pumpetypump wrote:

So we have a new team coming in with little money but with plans to make us a sustainable club. We've been crying out for someone like that since we last had a new team coming in with little money but with plans to make us a sustainable club.

Still at least it will be a refreshing change from the previous 2 or 3 times before that when a new team came in with little money but with plans to make us a sustainable club.

By the way I'm totalling calling myself "we" from now on.

'WE' welcome you on board Pumpety lol

Re: Leaving Odsal and future in general : Mon Oct 07, 2019 11:20 am  

Pumpetypump wrote:

So we have a new team coming in with little money but with plans to make us a sustainable club. We've been crying out for someone like that since we last had a new team coming in with little money but with plans to make us a sustainable club.

Still at least it will be a refreshing change from the previous 2 or 3 times before that when a new team came in with little money but with plans to make us a sustainable club.

By the way I'm totalling calling myself "we" from now on.

At east one of the men leading the consortium has a history of making basket case clubs sustainable.

Anyway I'm just waiting for the RFL to block the takeover and be in admin just in time for Christmas