Re: Recruitment & Retention Latest : Fri Apr 01, 2016 7:49 am  

Northernrelic wrote:

Just one small correction required, the hole is actually owned by the council, the RFL and formerly the Bulls just lease it. Only the council could sell Odsal to Marc, and given the even larger financial hole the council has resulting from Gideon's long term economic plan they would want serious coin for it.

So who owns what? I thought at the end of last year The Bulls bought the freehold from the council. It's just the head lease that the RFL own that we don't have yet.

The Bulls are the owners, the RFL leases from the Bulls then the Bulls sublease it from the RFL. Or is that piece saying the purchase from the council didn't go through as well as the purchase from the RFL?

Re: Recruitment & Retention Latest : Fri Apr 01, 2016 8:04 am  

Highlander wrote:

So who owns what? I thought at the end of last year The Bulls bought the freehold from the council. It's just the head lease that the RFL own that we don't have yet.

The Bulls are the owners, the RFL leases from the Bulls then the Bulls sublease it from the RFL. Or is that piece saying the purchase from the council didn't go through as well as the purchase from the RFL?

We certainly do not own the freehold. Marc has stated that he eventually wants to own the freehold, but right now he's still in the process of acquiring the leasehold, which the rfl own and are apparently refusing to sell. The freehold is currently held by bradford council.

Re: Recruitment & Retention Latest : Fri Apr 01, 2016 8:13 am  

I've been of the opinion for a while our future can't be Odsal.

What the implications of that statement are I'm not so sure - but to be a Warrington type ground 12-18,000 capacity in a joint venture with some one would enable us to move forward.

Re: Recruitment & Retention Latest : Fri Apr 01, 2016 8:18 am  

Found it. The agreement with the council has been made (February). So I don't know what the hold up is now.

"The Odsal chairman said: "We’ve had a little bit of a stall and it’s with the legal teams – the issue is over car parking obligations outside the stadium.

"However, the agreement with the council has been done and the terms have been agreed.

"It’s just legal solicitors arguing between the two and doing what they do best, which is running up their costs."

But that article doesn't mention the Council agreement at all, it is just going on about the RFL lease. Why only tell part of the story?

Re: Recruitment & Retention Latest : Fri Apr 01, 2016 8:35 am  

Quite disappointed considering the date that it's now after 09:30 and we haven't had someone say we've signed a superstar halfback, or Jimmy Lowes has been sacked. I fully expected something along those lines by now!

I thought about doing an April Fool that we've signed another prop, but we probably have....

Re: Recruitment & Retention Latest : Fri Apr 01, 2016 9:00 am  

Highlander wrote:

Found it. The agreement with the council has been made (February). So I don't know what the hold up is now.

"The Odsal chairman said: "We’ve had a little bit of a stall and it’s with the legal teams – the issue is over car parking obligations outside the stadium.

"However, the agreement with the council has been done and the terms have been agreed.

"It’s just legal solicitors arguing between the two and doing what they do best, which is running up their costs."

But that article doesn't mention the Council agreement at all, it is just going on about the RFL lease. Why only tell part of the story?

The article you are quoting in fact doesn't seem to mention the RFL lease. Your quote seems to clearly refer to a negotiation for Green to buy the freehold from the Council.

It wouldn't need to mention the lease arrangements at all. If Green owned the freehold then the RFL would be his tenants and the Bulls would be the RFL's subtenants. The RFL would continue to get their rent from the Bulls, but the RFL's payments of rent would now be going to Green (by which I mean to whatever company was used to make the acquisition).

Re: Recruitment & Retention Latest : Fri Apr 01, 2016 9:05 am  

Ferocious Aardvark wrote:

(by which I mean to whatever company was used to make the acquisition).

Future Prospects Ltd.

Re: Recruitment & Retention Latest : Fri Apr 01, 2016 9:12 am  

vbfg wrote:

Future Prospects Ltd.

"Future prospects limited" - that could be seen as a very fair assessment!

But I don't think it can be a coincidence that it's an anagram of
"Stupid computer stifler".

Re: Recruitment & Retention Latest : Fri Apr 01, 2016 9:14 am  

Bang to rights

Re: Recruitment & Retention Latest : Fri Apr 01, 2016 9:25 am  

I knew I'd introduced confusion when I re-read it. The T&A article at the top of the thread from this week only goes on about the RFL lease of the site at Odsal. But I was sure we had the freehold or were in advanced negotiation for it. Which is the quote from an article in the T&A from February.

But if we had nearly completed the council purchase 8weeks ago, the silence is a bit deafening, and Ross the reporter hasn't mentioned it at all in this weeks article.