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WWW.RLFANS.COM • View topic - Administration 3 - now in technicolour
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 9:01 am  
Everyone seems to be going around in circles, me included. We should have a recap page, every 50 pages or so, a bit like they do at the beginning of TV programs. Which immediately brought to mind the comedy Soap which used to do a recap followed by the words 'Confused? You will be'.
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 9:07 am  
I read it as a couple of people want to own the club but don't have the money to pay off the debt and do so. They will invest "some" money if they can have it for free or pay minimal debt. The creditors aren't happy with the minimal payment.

The bids that are left will want so form of assurance what the RFL deal will be if the liquidation route happens. It smacks of someone wanting the club for free with not real consequences other than a points deduction of 12.

Hope it's sorted as time is running out, I think as some point the RFL will need to put a dealing in place if you are going to be re-registers in any comp.
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 9:21 am  
Dannyboywt wrote:
I read it as a couple of people want to own the club but don't have the money to pay off the debt and do so. They will invest "some" money if they can have it for free or pay minimal debt. The creditors aren't happy with the minimal payment.

The bids that are left will want so form of assurance what the RFL deal will be if the liquidation route happens. It smacks of someone wanting the club for free with not real consequences other than a points deduction of 12.

Hope it's sorted as time is running out, I think as some point the RFL will need to put a dealing in place if you are going to be re-registers in any comp.

Never forget that the Administrators sole job is to get the best deal for the Crditors. If that is through liquidating the club then so be it. I don't believe he has any obligations to the rugby side of things.
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 9:56 am  
A fans rep on board of directors then fine..
Fan owned wouldn't work.
We need a money backer, I thought irvine was involved with Madjeski?
That would work, multi millionaire develops odsal makes money on investment as we as investing in club, Irvine runs club with successful background with cronulla, lamb runs business side hopefully successfully.

The old I want the club for nothing and will cut cloth , run it on a shoestring will not work.
Unfortunately bulls fans have had success and more would be lost if they are served up mediocrity.
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 10:02 am  
I get the point of struggling to run a club in Div 1 with less supporters but I know a couple of P.A. fans who will just say "that is what we do" and is working fine - to a point - then you need someone to take over and give the club a push.

We could survive. I would definitely leave Odsal and start again with PA and hope between the two clubs we could build a nice little stadium like Fev have done on a very tight budget.
No, it isn't perfect but it would still be "Bradford Northern 2017" and give us some hope and pride back. Then we could look round for a business owner to get involved and build slowly again.
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 10:05 am  
Having read Lambs interview with league express. There seem to me to be two glaring errors in his assumptions. He reckons the RFL will own the franchise if the club is liquidated. Er what franchise os this Richard. He also says the RFL shouldn't mess this one up. Er its not for the RFL to mess up Richard. I feel so sorry for the club and most of all the fans. He also seems to be hinting that he wants to raise funds via the supporters.
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 10:11 am  
DemonUK wrote:
Having read Lambs interview with league express. There seem to me to be two glaring errors in his assumptions. He reckons the RFL will own the franchise if the club is liquidated. Er what franchise os this Richard. He also says the RFL shouldn't mess this one up. Er its not for the RFL to mess up Richard. I feel so sorry for the club and most of all the fans. He also seems to be hinting that he wants to raise funds via the supporters.

Yeah that would work. Especially the way we were kicked in the teeth last time.
So far we have raised money, backed new owners, bought expensive season tickets in Championship to support the club. I really do think that the supporters have done everything they can.
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 10:24 am  
The claims that a fan ownership model wouldn't work are nonsense. It can, and does work work with clubs that are smaller, larger and similar sized to the Bulls.

If those saying it wouldn't work mean we would not be back in Super League in a couple of seasons, then yes, it wouldn't work.
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 10:29 am  
Are players out of contract as soon as they don't get paid?
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Re: Administration 3 - now in technicolour : Mon Jan 02, 2017 10:35 am  
RickyF1 wrote:
Are players out of contract as soon as they don't get paid?

I would doubt immediately as there are a number of reason, beyond a club's control, as to why this could happen.

Every once in a while there will be a major banking balls up that leads to people not being paid - clubs couldn't allow that kind of risk.

However, I would imagine that there's a period of time after pay day (14 days, perhaps?) after which contacts are voided, or perhaps it could be linked to the number of times this has happened.

Either way, as the club as a viable entity currently doesn't exist, I can't see anybody (officially - the coach will, of course) fighting to keep hold of players. From the administrator's point of view, a few players leaving is less money to be found for wages. So I would have thought that any player wishing to jump ship (and who could blame them) could do so without too much difficulty.
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