Re: Prepare yourselves... : Wed Jan 25, 2017 5:09 pm  

alleycat wrote:

Errrr... unless. I am having a senior moment, the creditors were actually owed money by the Bulls?

Were they? Is that why they're called "creditors" then?

You know, that makes sense now. I wonder if the administrators knew that...

[PopTart]

Re: Prepare yourselves... : Wed Jan 25, 2017 5:29 pm  

Ah, I did think that but I linked the two sentences together and assumed they used the wrong word

"The report also details that Bradford were owed £100,000 in sponsorship money. Creditors of the Bulls include the RFL and a whole stack of other clubs - Workington, Whitehaven, Sheffield, London, Leeds, Salford, Huddersfield, Dewsbury, Batley, Featherstone and St Helens."

I was thinking the 'owed' bit related to the list that followed.

Ok I apologise to the list of clubs I mentally disrespected and I am back just mildly supporting the Bulls rather than fighting your corner.

Re: Prepare yourselves... : Wed Jan 25, 2017 5:32 pm  

It's the willingness to think positively of us that gives us all heart.

Re: Prepare yourselves... : Wed Jan 25, 2017 5:37 pm  

Where will the Administrators get their fee from though. Presumable only pennies in the pound from any liquidated assets.

Re: Prepare yourselves... : Wed Jan 25, 2017 6:09 pm  

It would stick in the clack of the creditors if the administrators receive the full total of their outrageous bill.

Re: Prepare yourselves... : Thu Jan 26, 2017 3:42 pm  

Blotto wrote:

The irony is that with all the money sloshing about in Union the RFU could afford to let a Club go to the wall, whereas the RFL through strapped for cash in comparison found it too difficult to let that happen at Bradford, though LW tended to be a nomadic Club with no real roots as opposed to Bradford, also it would have been interesting to see how they would have approached it if Leicester Tigers were in that sort of financial strife!

Not sure about being a nomadic club they have played at Old Deer Park since 1957

Re: Prepare yourselves... : Thu Jan 26, 2017 3:46 pm  

rugbyreddog wrote:

Where will the Administrators get their fee from though. Presumable only pennies in the pound from any liquidated assets.

All administrators etc work until the cash runs out. They get first dibs.

Re: Prepare yourselves... : Thu Jan 26, 2017 4:02 pm  

London Welsh are small and insignificant.

It'd be like losing Halifax, not important Bradford.

Re: Prepare yourselves... : Thu Jan 26, 2017 4:42 pm  

Stul wrote:

Important Bradford.

Good team name that.

Re: Prepare yourselves... : Thu Jan 26, 2017 7:13 pm  

Scarey71 wrote:

For the more blinkered/mouth-foaming Fax/Wakey/Hudds fans...

They failed to cut their cloth and needed to realise they were no longer a big club, shouldn't have spent money they didn't have, how arrogant were they thinking they should have success given to them, decades of mis-management, karma!!...They were never really a big successful club anyway, just a flash in the pan for 10 years, never won anything before that....shouldn't they have learnt lessons?

There, saved you a job so don't let us detain you

Chip....Shoulder?