Bull Mania wrote:
So Caddick hadn't put a single penny into the club? He's put a lot of money into the facilities of Leeds. GH then exploits these facilities to maximise income. If/when Leeds performances drop and they stop making finals every year, it will be interesting to see if they still make a profit. Leeds are the model for a successful club, biggest home crowd, excellent marketing department, but in 2012 they played the maximum number of games, made both finals yet only made £600k profit. If They get knocked out early in play offs, lose a fair bit of money on pay on the gate play off games ad the money from GF. Suddenly their profits don't look as healthy. And that's Leeds who are the best run business.
Who knows, hopefully Mrs K could plough a fair bit of money into the bulls, get the fans back, invest in facilities and in future bradford could be run as well as
Leeds once the facilities and infrastructure is there, but that's needs to be paid for.
Caddick put a lot of money into Leeds facilities to get them to a point to make profits
How much did Caddick put in?
From what I know, the funds for Leeds facilities came originally from a loan deal with Tetleys and latterly from Leeds profits.
Caddick provided a stable financial base, he didn't put much money in (in that context) and recently has been taking it out to fund the Union team.
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