Re: Did Bradford hit the 500k? : Tue Apr 10, 2012 9:10 pm  

If investors now step in and take over the club, does this not mean that they will have taken over for £500K less than would have been required two weeks ago. If that is so then all these people who have given pledges have given money direct to the new investors and helped them increase the value of their investment and therefore their own personal wealth. It is the same as customers paying off the debts of a company, which then enables someone buy it for less.

Re: Did Bradford hit the 500k? : Tue Apr 10, 2012 9:25 pm  

McCougar wrote:

If investors now step in and take over the club, does this not mean that they will have taken over for £500K less than would have been required two weeks ago. If that is so then all these people who have given pledges have given money direct to the new investors and helped them increase the value of their investment and therefore their own personal wealth. It is the same as customers paying off the debts of a company, which then enables someone buy it for less.

Or alternatively meaning the current owners are not £500k lighter than they otherwise may have been if they have personal guarantees to meet with the bank? Not really sure how it works but something doesn't feel right from where i'm sat on my fat 'arris. Will be interesting to see how it pans out

Re: Did Bradford hit the 500k? : Wed Apr 11, 2012 7:21 am  

Cripesginger wrote:

How convenient for hood et al. No information will be provided to the people who forked out £500K+ to save the club.

And what if these confidential talks go pear shaped? You have £506K raised to see the bulls through for a few weeks. poor form.

You've done a lot of moaning about the RFL helping clubs, you've even invented stories about the RFL helping clubs. Now you're complaining about fans helping clubs.

Do you actually enjoy RL?

Would you like to remind us what the RFL did for your club, and how much money that involved??

Re: Did Bradford hit the 500k? : Wed Apr 11, 2012 10:01 am  

Dreamer wrote:

You've done a lot of moaning about the RFL helping clubs, you've even invented stories about the RFL helping clubs. Now you're complaining about fans helping clubs.

Do you actually enjoy RL?

Would you like to remind us what the RFL did for your club, and how much money that involved??

From your posts it is clear you have a learning difficulty. You simply cannot comprehend facts. i feel your pain.

I know you are in denial about the RFL owning the long term lease to your ground ( or as people usually say... owning your ground) and you find it difficult to see how the RFL 'bailed the cougars out'. You even deny the quotes from your chairman. You keep going with those voices inside your head..

What really shows your one eyed stupidity is your claim that I am complaining about fans helping their club. Read my post again you clutz I am saying those fans deserve to be better informed by their club. only the voices in your head think that is a complaint about fans.

On the Giants / RFL issue you have once again advertised your lame thinking. The Giants ' assistance' was within the rules, openly discussed by stakeholders and voted upon. There was transparency. And if people do not like what happened they should complain about the decision makers. The RFL conduct over the cougars, crusaders and bulls has not been transparent, openly discussed by stakeholders nor voted upon. The decision makers made their decisions and did not inform stakeholders. All very different for those able to grasp the facts.

To reiterate. when I say that the Bulls fans should be better informed about the future plans of the club it is not a complaint about those fans

Re: Did Bradford hit the 500k? : Wed Apr 11, 2012 10:57 am  

So:

The Bulls failed to meet their pledge target, so they extended the deadline; they subsequently exceeded the target by 6k, but have yet to collect the pledges, which are extremely unlikely to be actualised in full.

Mr Duckett was on 5 Live this morning suggesting that the begging exercise has impressed potential investors (if I was about to invest in a failing business, I'd be impressed if the stakeholders wiped half a million quid off its liabilities for me, but hey) but that they can't go back to the supporters for the other half million they need to get through to the end of the month.

Does that mean that they'll still go out of business if one of these impressed investors still can't be persuaded to cough up, or is there yet another contingency plan? If that is the case, what happens to the half a million quid that people have already put in?

Am I the only one struggling to understand?

Re: Did Bradford hit the 500k? : Wed Apr 11, 2012 10:58 am  

Cripesginger wrote:

From your posts it is clear you have a learning difficulty. You simply cannot comprehend facts. i feel your pain.

I see you are starting down the insults route again. Clever boy. Is that why you've had so many user names, to avoid all the bans? You ARE a pain.

I know you are in denial about the RFL owning the long term lease to your ground ( or as people usually say... owning your ground)

You are squirming again, this was not the original argument.

YOU SAID THE RFL "TOOK OVER" AT COUGAR PARK AND IMPLIED THAT THIS TURNED THEM INTO THE MANCHESTER CITY OF THE CHAMPIONSHIP (because John Kear said so as a wind up in a pre match interview against his old player and now Keighley coach)

Quite different connotations.

For the umpteenth time, I have never once said the RFL do not own the lease on the land, but then since Keighley own the underlease and own all the buildings, under your interpretation, they own their own ground. I've always thought of leases of 99 years plus as "ownership", but hey, since it makes Keighley owners of their own ground I'll go along with your version.

and you find it difficult to see how the RFL 'bailed the cougars out'.

The RFL signed the lease with the Co-op, then turned to the Keighley Chairman who signed an underlease. No cost to the RFL, except their good office in negotiating with the co-op who they already had good relations with because they are sponsors of the championship.
Then, a few weeks later Keighley go into administration, are deducted points that effectively sees them relegated. I bet everyone wishes they had such bailouts

You even deny the quotes from your chairman.

I did not, I questioned your usage. You selected a few words out of a longer quote about something that happened 11 years ago and framed it to agree with yourself about something that happened a year ago. No surprise there.

You keep going with those voices inside your head..

Your level of irony has reached new heights. It must be difficult to keep pace and fire fight with all those user names. If you lie down I'm sure mummy will bring you a glass of nice warm milk. Bless.

Re: Did Bradford hit the 500k? : Wed Apr 11, 2012 11:09 am  

Cripesginger wrote:

On the Giants / RFL issue you have once again advertised your lame thinking. The Giants ' assistance' was within the rules, openly discussed by stakeholders and voted upon. There was transparency. And if people do not like what happened they should complain about the decision makers. The RFL conduct over the cougars, crusaders and bulls has not been transparent, openly discussed by stakeholders nor voted upon. The decision makers made their decisions and did not inform stakeholders. All very different for those able to grasp the facts.

Bless.

I care only for your accusations against the Cougars, which are groundless. The RFL operated as they should and within the rules.

Mind you it would have been nice to have been bunged a million quid and a load of players like some

Re: Did Bradford hit the 500k? : Wed Apr 11, 2012 11:19 am  

Dreamer wrote:

I see you are starting down the insults route again. Clever boy. Is that why you've had so many user names, to avoid all the bans? You ARE a pain.


You are squirming again, this was not the original argument.

YOU SAID THE RFL "TOOK OVER" AT COUGAR PARK AND IMPLIED THAT THIS TURNED THEM INTO THE MANCHESTER CITY OF THE CHAMPIONSHIP (because John Kear said so as a wind up in a pre match interview against his old player and now Keighley coach)

Quite different connotations.

For the umpteenth time, I have never once said the RFL do not own the lease on the land, but then since Keighley own the underlease and own all the buildings, under your interpretation, they own their own ground. I've always thought of leases of 99 years plus as "ownership", but hey, since it makes Keighley owners of their own ground I'll go along with your version.


The RFL signed the lease with the Co-op, then turned to the Keighley Chairman who signed an underlease. No cost to the RFL, except their good office in negotiating with the co-op who they already had good relations with because they are sponsors of the championship.
Then, a few weeks later Keighley go into administration, are deducted points that effectively sees them relegated. I bet everyone wishes they had such bailouts


I did not, I questioned your usage. You selected a few words out of a longer quote about something that happened 11 years ago and framed it to agree with yourself about something that happened a year ago. No surprise there.


Your level of irony has reached new heights. It must be difficult to keep pace and fire fight with all those user names. If you lie down I'm sure mummy will bring you a glass of nice warm milk. Bless.

Oh dear. pesky facts do rattle you.

this thread is about the Bulls 500K yet you are desperate to go on about something raised on a completely different thread...it really is an itch you cannot scratch.

If your compulsion, and the voices in your head, gets the better of you I am sure you can try and justify the RFL bailing out the Cougars on the Giants forum.

Back to topic. I hope it has been explained to you that wanting fans to be informed is not " complaining " about them. You were completely wrong.

Re: Did Bradford hit the 500k? : Wed Apr 11, 2012 11:21 am  

Dreamer wrote:

Bless.

I care only for your accusations against the Cougars, which are groundless. The RFL operated as they should and within the rules.

Mind you it would have been nice to have been bunged a million quid and a load of players like some

You cannot help your compulsion. This thread is about the Bulls not the Cougars. You poor thing

Re: Did Bradford hit the 500k? : Wed Apr 11, 2012 11:22 am  

bren2k wrote:

So:

The Bulls failed to meet their pledge target, so they extended the deadline; they subsequently exceeded the target by 6k, but have yet to collect the pledges, which are extremely unlikely to be actualised in full.

Mr Duckett was on 5 Live this morning suggesting that the begging exercise has impressed potential investors (if I was about to invest in a failing business, I'd be impressed if the stakeholders wiped half a million quid off its liabilities for me, but hey) but that they can't go back to the supporters for the other half million they need to get through to the end of the month.

Does that mean that they'll still go out of business if one of these impressed investors still can't be persuaded to cough up, or is there yet another contingency plan? If that is the case, what happens to the half a million quid that people have already put in?

Am I the only one struggling to understand?

No, you're not! It appears to me that unless they know where the other half million's coming from (bear in mind that negociations about this may be going on but are understandably confidential at the moment), then the club's going belly-up at the end of the month and people will be out of pocket for nothing.