Re: Chalmers & Lowe confirmed : Tue Jan 17, 2017 9:58 pm  

I haven't really read that we are starting off the new regime by borrowing £400k from the RFL have I???
Admin 4 anyone??

Re: Bradford Bulls Latest News : Tue Jan 17, 2017 10:04 pm  

Scarey71 wrote:

where's Gled? I want to know why the floodlights are blazing away tonight...

There's been a report of moles at odsal so they have been in trying to flush them out!

Re: Chalmers & Lowe confirmed : Tue Jan 17, 2017 10:05 pm  

rugbyreddog wrote:

I haven't really read that we are starting off the new regime by borrowing £400k from the RFL have I???
Admin 4 anyone??

The only person saying that is the person who told us the deal had fallen through.

Re: Chalmers & Lowe confirmed : Tue Jan 17, 2017 10:06 pm  

rugbyreddog wrote:

I haven't really read that we are starting off the new regime by borrowing £400k from the RFL have I???
Admin 4 anyone??

People keep saying that. Where has that been reported?

Re: Chalmers & Lowe confirmed : Tue Jan 17, 2017 10:06 pm  

No - Chalmers is borrowing the money not the Company on security apparently of his own house.

Re: Chalmers & Lowe confirmed : Tue Jan 17, 2017 10:06 pm  

The RFL are seeking to secure the intellectual property rights from the administrator according to the Guardian, which seems a bit strange. Why can't Chalmers and Lowe do what Thorne did with apparent ease?

Re: Chalmers & Lowe confirmed : Tue Jan 17, 2017 10:21 pm  

GypsumFantastic wrote:

The RFL are seeking to secure the intellectual property rights from the administrator according to the Guardian, which seems a bit strange. Why can't Chalmers and Lowe do what Thorne did with apparent ease?

Why do the RFL want them? Surely its up to the new owners to get it if they want it.

Re: Chalmers & Lowe confirmed : Tue Jan 17, 2017 10:21 pm  

Early Bath wrote:

No - Chalmers is borrowing the money not the Company on security apparently of his own house.

None of this adds up at all. I thought the RFLs requirement was to provide proof of funding for 3 years? If he's having to mortgage his house to get through the 1st year then what's he going to do for the other 2 years? How many houses does he have? Doesn't make sense at all?

Re: Chalmers & Lowe confirmed : Tue Jan 17, 2017 10:25 pm  

Sensei-Bull wrote:

None of this adds up at all. I thought the RFLs requirement was to provide proof of funding for 3 years? If he's having to mortgage his house to get through the 1st year then what's he going to do for the other 2 years? How many houses does he have? Doesn't make sense at all?

If your not careful it'll be "Same Bat time, same Bat channel".

Re: Chalmers & Lowe confirmed : Tue Jan 17, 2017 10:26 pm  

debaser wrote:

Why do the RFL want them? Surely its up to the new owners to get it if they want it.

They've got the ground so they might as well buy the intellectual property rights too. That should make it even harder to sell the club after the next administration.