Re: O/T.Trinity V Bulls administration? : Tue Jul 24, 2012 8:07 pm  

wakeytrin wrote:

I don't see how the RFL can guaraantee SL for Bradford as they would not do so for Wakey. All clubs should be treated the same, we know thats no true though don't we!

Not quite the same though.

Allegedly, Parkin wanted a guarantee of a licence 2012-2014, back in 2011, the last year of that licence period.

Presumably, the Bradford consortium wants assurances for the remainder of this licence period.

As has already been alluded to, the lease conundrum is the main sticking point.

When the deal is agreed (I’m of the opinion that it was never in doubt) I wonder if we’ll get to know how much the RFL sell it back for & what’s the timeline for the said repayments.

Maybe, they’ll give it back free of charge, many people will squeal for a while & it’ll just get put in the album with the rest of their calamitous faux pas.

Re: O/T.Trinity V Bulls administration? : Tue Jul 24, 2012 8:08 pm  

The Devil's Advocate wrote:

calamitous faux pas.

Phrase of the week!

Re: O/T.Trinity V Bulls administration? : Tue Jul 24, 2012 8:11 pm  

bren2k wrote:

Phrase of the week!

I’m running out of superlatives for the Red Hall crew .

Re: O/T.Trinity V Bulls administration? : Wed Jul 25, 2012 8:54 am  

http://www.therfl.co.uk/news/article/25 ... e-6-points

http://www.therfl.co.uk/news/article/25 ... e-6-points

[PopTart]

Re: O/T.Trinity V Bulls administration? : Wed Jul 25, 2012 9:01 am  

El Rey wrote:

http://www.therfl.co.uk/news/article/25747/bulls-lose-6-points

Won't really hurt them.

Re: O/T.Trinity V Bulls administration? : Wed Jul 25, 2012 11:15 am  

As I said before, if they don’t get liquidated then I have no issue with Bradford remaining in SL, just as Trinity and the Crusaders were allowed to do. If they are liquidated then that’s another question and would draw parallels to the Rangers fiasco.

The main issue for me is the lease. The RFL must hold onto it unless they receive full payment back from any suitors. It still grates that when Trinity were struggling financially the RFL loaned Bradford £700K on the QT which then led to the iconic venue preservation cover up a year later. Should they sell the lease for anything less than what they paid it will only serve to exacerbate my annoyance.

Re: O/T.Trinity V Bulls administration? : Wed Jul 25, 2012 12:07 pm  

Khlav Kalash wrote:

The main issue for me is the lease. The RFL must hold onto it unless they receive full payment back from any suitors. It still grates that when Trinity were struggling financially the RFL loaned Bradford £700K on the QT which then led to the iconic venue preservation cover up a year later. Should they sell the lease for anything less than what they paid it will only serve to exacerbate my annoyance.

I think that could well be the sticking point; the RFL painted themselves into a corner with all that 'iconic stadia' nonsense, so if they go on to sell it for anything less than the purchase price, they'll have a PR disaster on their hands.

ABC might come up against a brick wall in that particular area of the negotiation, unless the RFL are so desperate for the Bulls to remain intact that they're prepared to suffer the slings and arrows.

Re: O/T.Trinity V Bulls administration? : Wed Jul 25, 2012 12:24 pm  

bren2k wrote:

ABC might come up against a brick wall in that particular area of the negotiation, unless the RFL are so desperate for the Bulls to remain intact that they're prepared to suffer the slings and arrows.

Occasionally having a low profile sport can be a good thing. Many of the people who are aware of RLF and their delaings already think they’re inept at best, so a few more moans from the RL public won’t be too much of a hindrance to them. ‘Water off a ducks back’ springs to mind.

Re: O/T.Trinity V Bulls administration? : Wed Jul 25, 2012 12:32 pm  

The talk is they have a six points deduction because the offer by the potiential buyers doesnt include paying any creditors which wakefield did and should meant the offer turned down and Bulls will end up liquidated...

Re: O/T.Trinity V Bulls administration? : Wed Jul 25, 2012 12:50 pm  

If liquidated then should be all points but that won't really matter as players that would finally get swooped on would make then so weak that they wouldn't be able to challenge the top eight.