"the best laid plans...."

May the force be with you. You now have a fair chance of remaining as a rugby league club with proper directors, even if there is a lot of rebuilding left to be done.

i dont think he was refering to just him lol as samutt has retweeded it.lets hope you can find a buyer and stay in s/l but looks like its gunna be a fresh start for you guys

Once SLE is in charge - all players whether ooc or not can start looking for something else. Quota players have been shafted though, no dispensations

So how exactly are better off then we were before? To me, the only thing that appears to differ is now we know the date we are going to be thrown out of Super League.
How can we build for next season? How can we sell tickets? How can we sign or re-sign players?
Sorry to be so negative, but to me this seems purely just a stay of execution. Where is the buyer going to come from before November?

Yes

We can't do any of these things. We can only watch our current squad disappear from next week.



If BG was the problem, he is now going to be removed. Other than that - we don't know.

So, is the plan, or hope, that this gives a Supporters Trust model enough time to become the new club owners?

As debaser says, something had better happen real damn quick, or else next season is gorrrrrrrrrrrrrrrrrrrrrrrrrrrr n. There's players' new contracts and extensions, there's coaching and other staff, and who the hell will still even be around by November?

It finishes the season, and very neatly sidesteps the problems for the whole competition caused by the present debacle, but doesn't save Bulls as an SL club, nor will it, absent a viable new owner PDQ.

Indeed, so not a great deal better off then.

Given that liquidation was imminent it's better than that.

Be grateful for small mercies.

Start praying that those bidders start rolling in.....

Mmmm. Excuse my cynicism, but to me this looks like the other clubs agreeing to keep us going til the end of the season to avoid bad press. Nothing more.
Are SL really going to keep us going next year in the Championship?

No way.

The cynic in me is thinking IF no buyer found by whatever deadline they set then other clubs take our better players off us with whatevers left placed in championship with playing squad filled out with the other SL clubs young fringe players on dual reg deals turning us into a feeder club, with no prospect of ever coming back up.

IMHO all now depends on whether, and if so how quickly, a viable new owner comes along. Which as I posited could be a Supporters Trust though who would have the time or inclination remains to be seen. Clearly anyone now interested would be well advised to move very fast, as the bathwater has almost run out, and the baby is balanced precariously on the edge, but I don't think it is in contemplation, nor should it be, that SLE or RFL keeps us going next year, in any shape or form.

Excellent news! Genuinely chuffed for you guys, after all the cr@p you've had to deal with.

I'd have loved to be a fly on the wall when Caisley heard the news...

Could the other superleague teams-now that they own us- take our players???

On another topic - feeder clubs are going to be brought in for next season with the planned revamp of the academy system. Currently only those 6 SL clubs with a "green" youth development rating (of which we are one) can have a feeder club. The feeder agreement has to be signed , sealed & RFL approved by 31st August. No chance there then for us.

So we need a bidder by Nov 30th or that's it.

And yes, you can bet our better players may well be on their way before then if no buyer is found but that's no surprise and they all need some certainty as they have bills to pay, this at least means they have that. Those under contract will remain so for now but I'm sure talks with others will be going on.

At least with SLE fielding the bids the process should now be clear and above board...not that it wasn't beforehand of course

well, they each only own 1/13th...it would cost an arm and a leg....

Interesting. Not been thought through yet.

It would need policing as the situation would arise that Hull could bid for one of our players and HKR would have a vote on whether Bradford should accept it or not...

Any indications what format this buyout is going to take?

Wouldn't it have to be via a CVA?

Couldn't HMRC veto that if they aren't paid enough?

If SLE do pay loads of creditors off, can we apply for a couple of points back?

Thinking about this there is no way the other 13 clubs are just going to take on the debts and huge running costs of the Bradford Bulls.

If a buyer comes along before end of November WHO WILL TAKE ON THE DEBTS then fine. If someone is willing to take on the debts I'm sure SLE/RFL will be sympathetic when it comes to Odsal stadium & Super League licence.

If not we will have a 13 team Super League in 2013 and Bradford's TV money will be used to pay off the debts. Leaving Bradford debt free and able to start again in the lower leagues.

After all that is concluded I'm sure there will be people willing to take on the task of rebuilding Bradford.

Can't help wondering if we'll hear anything again from a couple of posters on here who were suspected of being mouthpieces for caisley.

that's about the crux of it.............you need a buyer willing to settle the debts to keep the SL licence until 2014. All SLE/RFL is done is save the debacle of having to work out what would have happened had BG carried out a liquidation of the club due to no buyer before end of season.

Sorry to disappoint but the point of buying something off an administrator is that there are no debts. It's the administrator who deals with the debts, he pays them off out of anything left from the purchase price.

Hence my question about HMRC.

Statement from Gary Hetherington... www.radioaire.co.uk/news/local/S ... ulls-Offer

Statement from Gary Hetherington... www.radioaire.co.uk/news/local/S ... ulls-Offer