Oh I do enjoy a good pantomime, and you guys have never failed to deliver over the last couple of years. I'd say Carvell has taken Legal Advice, which has pointed him in a particular direction, and why he has decided that 'Ull is the better option. And Redhall have apparently received similar advice.
Given previous Bradford Directors' attitude to Contracted players, Iestyn Harries anyone, the outraged knee jerking by the current lot does raise a smile. FA I'm sure will be able to give you Chapter and Verse on TUPE regs, but I'm pretty sure you are not obliged to accept any new contract with the Newco.
And he will no doubt point out that Legal Action tends to be expensive, a point your creditors will have noticed as well........