Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 10:09 am  

Staff expected to be paid today after a delay in payment before Xmas. Might explain the cryptic tweets perhaps from a few days ago? Also a showdown meeting today between Sutcliffe, Khan, Watt, RHP, RFL and the chairman of Safeguard Security. Whitcut apparently negotiated the 180k loan with Safeguard secured against the Bulls assets shortly before his departure. According to todays League Express.

Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 10:12 am  

Cibaman wrote:

3. The big one: he will make all the players redundant. They will then be free agents. But they will then immediately be offered re-employment on say 50% of current salaries with the option of going onto part time terms if they get a day job elsewhere.

I may be wrong but i think the E.S.L rules state that you must be a full time pro? so no p.t jobs

Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 10:30 am  

Latest edition of RL Express states there's a crunch meeting today with all parties or their representatives. Some details given of the nature and amounts of sale price / loans involved-- much more detail than T &A has ever revealed. For example Safeguard involved as RW secured a 180k loan secured on Bulls. Is anyone able to post a link?

Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 10:37 am  

I know I said I wouldnt comment further, but what ' assets ' do the Bulls have to secure a loan of that amount?

Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 10:53 am  

Wooden Stand wrote:

3. The big one: he will make all the players redundant. They will then be free agents. But they will then immediately be offered re-employment on say 50% of current salaries with the option of going onto part time terms if they get a day job elsewhere.

You don't just make players with contracts redundant though, you pay them out of their contracts and then the value of those contracts count against the cap for each year the contract had to run. Unless that has changed since this was gone over ad nauseum during the Pledge?

Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 11:26 am  

jockabull wrote:

You don't just make players with contracts redundant though, you pay them out of their contracts and then the value of those contracts count against the cap for each year the contract had to run. Unless that has changed since this was gone over ad nauseum during the Pledge?

True as under Superleague operating rules the players' contracts are protected. This is why when the club went into admin Guilfoyle was able to make everyone except the players redundant. ALso why when the other clubs agreed not to make bids for Bradford players none left.

The result of paying players part time is also totally against operating rules. In fact wooden spoon's only way out scenario is impossible.

Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 11:46 am  

[quote="Pumpetypump"]Who are these clubs please? I've tried using the barla website but it's next to useless.[/quote]

West Bowling
Wibsey
Bank Top
Queensbury
Birkenshaw
Odsal Sedbergh
Wyke
Clayton
Victoria Rangers

That's 15 open age teams & umpteen junior teams.

Theres also Dudley Hill in the summer comps.

You could also add Drighlington/Keighley/Worth Village/Cowling, who whilst not playing in the Bradford cup do still have a Bradford post code.

Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 11:49 am  

I was under the impression with regards to Employment Law that you could serve 90 days notice to a staff member and terminate their contracts.
You can then set up a new contract on what would be reduced terms.
If the staff member then decides to leave then that is their choice and another club would not be expected to pay a fee for the said player.
The Bulls reduce their wage bill and their playing staff of course which without doubt would most probably result in them fielding mainly Acadamy players.

Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 11:55 am  

Starbug wrote:

I know I said I wouldnt comment further, but what ' assets ' do the Bulls have to secure a loan of that amount?

Probably the Coral stand.

Re: Moore, Calvert and Watt step down : Mon Dec 30, 2013 12:06 pm  

Nothus wrote:

the Coral stand.

Who owns the land it is built on?