Re: Latest state of play posts only : Mon Jul 30, 2012 8:04 pm  

Asim wrote:

A loan which was repaid by them taking on a lease which will become a massive millstone if there is no SL club to play in the stadium.

Personally I think the RFL have acted stupidly getting involved at all, opening themselves up to all sorts of accusations and allegations from other RL clubs about their actions and motives. That there are Bradford fans who are doing so is quite bizarre, they're probably now wishing that instead of buying the lease to try to cover up their secret loan they'd just got a winding up order issued instead.

Hindsight is a wonderful thing! It has proved to be a really stupid decision, so having made 1 stupid one they shouldn't make another by 'allegedly' making demands no one will accept to sell the club.

Re: Latest state of play posts only : Mon Jul 30, 2012 8:10 pm  

MP wrote:

Because they're helping you survive as long as possible to find a suitable buyer!

Again where's the evidence for this - reducing further cash inflows and not giving a buyer any guarantee on what league (hence revenue) the buyer would have to base their budget on wouldn't be attractive to most businessmen

Re: Latest state of play posts only : Mon Jul 30, 2012 8:11 pm  

Mirfieldbull wrote:

Again where's the evidence for this - reducing further cash inflows and not giving a buyer any guarantee on what league (hence revenue) the buyer would have to base their budget on wouldn't be attractive to most businessmen

Unless they are working with another party already to sell it cheap and give us a bigger advantage

Re: Latest state of play posts only : Mon Jul 30, 2012 8:16 pm  

Mirfieldbull wrote:

Again where's the evidence for this - reducing further cash inflows and not giving a buyer any guarantee on what league (hence revenue) the buyer would have to base their budget on wouldn't be attractive to most businessmen

The RFL can't give a guarantee on what league you'll be in as they didn't when Andy Glover took over at Wakefield. Think it would be called "double standards" if they did.

Re: Re: : Mon Jul 30, 2012 8:20 pm  

paulwalker71 wrote:

Well that seems to confirm that the RL are advancing enough money to pay the August wages.

Wages are paid on the 14th of the month I believe, so presumably that means we can pay the players for the period August 14th to September 14th, which actually would take us right to end of the season if we don't qualify for the Play Offs.

Not sure how we're meant to manage with no coaching or backroom staff though?

Usually if salaries are paid mid month they're partly paid in arrears, partly paid in advance. So salaries paid on 14th Aug would cover the period from 1st Aug to 31st Aug. Obviously there maybe different arrangements at the Bulls.

It still remains to be seen if the Bulls would have enough coaching and backroom staff to put on games. You can understand people working unpaid if they expect a new owner to take over imminently. But if there's no immediate prospect of a takeover and they're just playing out the season, it would be perfectly reasonable for them to walk away.

Re: Latest state of play posts only : Mon Jul 30, 2012 8:23 pm  

Mirfieldbull wrote:

Again where's the evidence for this - reducing further cash inflows and not giving a buyer any guarantee on what league (hence revenue) the buyer would have to base their budget on wouldn't be attractive to most businessmen

The RFL appear to be paying the August wages for your players from what has come out at the meeting tonight. If that's not the RFL helping you out I don't know what is.

Re: Fans Meeting at City Hall - Mon 7pm : Mon Jul 30, 2012 8:24 pm  

Would be somewhat less frustrating if we knew the overview of why bids have been turned down, appreciating that the detail would be confidential. As someone wrote yesterday this uncertainty and effect on supporters is reflected by a lack of engagement on what should matter, namely the sport on the pitch, witnessed by the lack of discussion on this board about the Warrington match yesterday.

Re: Latest state of play posts only : Mon Jul 30, 2012 8:25 pm  

situation was slightly different to wakefield as we are at beginning of and not end of a licence period.

I believe when glover took over he was told wakefield would get a points deduction but would finnish season in same league and an application would be considered same as everyone else

very different to the "no" to glover

Re: Latest state of play posts only : Mon Jul 30, 2012 8:29 pm  

MP wrote:

The RFL can't give a guarantee on what league you'll be in as they didn't when Andy Glover took over at Wakefield. Think it would be called "double standards" if they did.

Different context - Wakefield had 1 year left on the license so couldn't get any guarantee beyond that, buyers would want the same commitment to try and rebuild. Without that like rebuilding on sand with the tide rushing in.

Re: Latest state of play posts only : Mon Jul 30, 2012 8:31 pm  

MP wrote:

The RFL appear to be paying the August wages for your players from what has come out at the meeting tonight. If that's not the RFL helping you out I don't know what is.

Gift or forward cash already due. Yes they are helping us get to the end of the season - no evidence of anything else at the moment, but we'll all recognise it if it happens