Said on Sky that the two companies would remain separate and that the Bulls would continue to play at Odsal. What's in it for BCFC?

Seems odd.

If the deadline for bids/expression of interest is tomorrow, then the bids have to be assessed. Judging on recent history and Mr Wood being in Australia it is hard to say how long this could take.

My concern for you is that I thought I heard Mick Potter say that without a buyer in place (or to the effect of someone to pay his salary) then KR is his last match. He only has finite money for him and his family and he is to head back home.

As an aside, with these bids to be assessed it may mean a further RFL advance of funds (Sky money?) to pay the salaries of the players which I thought were due next week?

Either way, belatedly and painfully as it has been, it is good to see some interest and RFL deemed credible bids for the Bradford club. Hope the waiting is over soon enough. We had about a week and a half of this uncertainty and can sympathise directly with your pain.

Good luck.

guilfoyle asked for that advance to cover august wages when last deadline came up (july 27th I think). RFL were considering it over weekend then it sort of got lost in hoohaa about the SLE bid. It was never explicitly stated that they had granted it, but given guilfoyle was only going to extend deadline on receipt of said money and he hasnt liquidated us yet, we must assume August wages have been covered.

Apologies if this has been said before (as its hard to follow every thread all day)

There was never any chance of BG making any announcement about bids that were in from whatever source until the Widnes and HKR games had been played and he got whatever gate revenues he could to go towards his fees

This required stringing the people doing it for nothing along until then as much as he could/has

Gareth Jones ‏@garethjones25

Bradford City Rhodes says they've discussed terms with RFL about Bradford Bulls but NO formal written bid has been put in #bcafc @BBCLeeds

Certainly looks like it isn't going to be sorted imminently if the formal bid has yet to go in.

So does that mean they have not made an actual offer that supposedly was better than the Super League Europe or not.Or have they just said verbally we are willing to pay so many £'s.
This justs gets more confusing if that is possible.

All City are bothered about is some way of getting back the lease for ODSAL to fund buying back VP from Flamingo land. Then we will be hung out to dry.
I don't see how getting in to bed with a fourth division football team is going to save us.

[urlhttp://www.superleague.co.uk/article/25871/new-buyer-found-for-bulls[/url
Yet in this the RFL are reported to have received an offer and carried out due diligence.

"A spokesman for the RFL confirmed they have received the offer and executive officers carried out 'due diligence' before making a recommendation to the board of directors."

Does this mean there are 2 offers if BCFC haven't put in a formal offer, which couldn't have undergone and scrutiny, or are the various reporters confused?
I'd assume anything on the super league site would have at least a passing connection with red hall so are they misunderstanding the offer?

You really don't like Bradford City Football Club do you?

I am an Avenue fan.
Bradfords winning team.
Mark 'em tighter!

Ah.
Makes sense now.

Your guess is as good as mine! Once again it is as clear as extremely thick mud!

Unless theres a big sugar daddy behind this bid, a massive reduction in costs is what is needed. with a newco playing at VP with no debts paid off so championship thats a big reduction in stadium costs and players costs that should see the 2010 £3.1m cost of sales slashed to a level commensurate with the income from a core of fans. No, for me VP is not an issue, its the academy which is a part of that cost of sales that is the Bulls future, what will happen to that?

thought I posted this at 9.30, coming back from the allotment to discover not so. no doubt further and better particulars have been completely speculated about in the meantime

..... and all this underhand pillaging would be via an unconditional bid ? Really ?

Now if you'd said that City may be motivated by moving the Bulls to VP. Then they use use their collected leverage to squeeze the Council to fund the purchase of VP for both clubs from a sale of Odsal then ...... possibly.

There has to something in it for City, just like there has to be something in it for any bidder. The fact this bid is supposed to be unconditional rearding the lease suggests they have no interest in Odsal. However if the City are working with the Council and there is a bigger SV picture then I could be wrong.

Why a massive reduction? IIRC turnover from the last published accounts was about 3.9M add to which the reported losses of 1.2M means to break even we'd need about 5m based on current costs where we are spending up to the salary cap. Since costs aren't likely to rise significantly, and may even fall if we're not paying overdraft fee's, the gap may not be insurmountable. If we kept the majority of season ticket holders adding an average £50 to the price generates 500k (10000 * £50) and while there would likely be some fall off for an increased price there will be a price point that, while not covering the losses, can make it viable to cater for them in other areas.

Of course beer prices would have to go back up and since the fans asked for the reduction at one of the forums it's really our own fault.

I think the "massive reduction" was based on newco and championship rugby, though if the debts are paid off then, as I understand it, there is no need for newco or demotion - in fact we ought to get a couple of our stolen points back!

ahh that makes more sense. Maybe PH was right and it's viable going forward and the debts are the problem.

Thanks bulliac, beat me to it. My assumptions for newco and championship are of course that a sugar daddy would have come out of the woodwork a long time ago, is any sane businessperson going to commit that money for a disintegrating team playing in an expensive dump that needs a lot of money spending on it or possibly pay BMC £1M as a penalty for playing at a modern stadium?

but then there was one thought I had down the allotment, IIRC there was a post a while ago that one of the local potential sugar daddies and a fan of both bulls and banters wouldnt put money into either as it would mean putting money in the other. if its one business, that problem is removed - or their bluff is called and they are just tight fisted.

So expressions of interest by 5pm tomorrow. They get the figures to look through with the aim of putting in a firm bid. This is scrutinized by BG and the RFL. By the time this is all done it will be the endof the season coincidentally. BG thought he was going to be off the payroll this week, but hey presto loads of expressions of interest and he does not need to sell to SLE this week.

Nice one BG and which ever friend/s are behind these 'expressions of interest'

It does look as if we are not going to get resolution much before the end of the season.

The biggest issue then is going to be that the eventual buyer is going to inherit no coaching staff, and only the remnant of the playing staff after everyone has picked off the players they want. We'll then be in an even worse situation that Widnes were last season when they had to put together a SL squad after being given the license, and had to sign whoever was available.

If this is how it pans out, expect us to be battling to avoid the wooden spoon in 2013 - even assuming we somehow manage to retain our SL license

RhinoLaney, do I take it from your posts that you are a City fan AND a Rhinos fan? How did that come about?

So how would a combined BCFC/Bulls ST deal affect you? Could it attract you over from the dark side?

Don't you see the flaw in your plan?

Who isn't going to want to play in the WCC next season?

We'll have no problem retaining and signing players having won SL from eighth.

Don't know if I heard the 6 o-clock news on 1530 right, but BCFC say they have not put a bid in?

Quit a few people have mentioned caisley maybe linked in some way to this, maybe coming back onto the board, but didnt caulby (scuse spelling) ripped into hood for talking to Rhodes just before caIsley stuck is ore in???

As I understand it BCFC have been having talks with RFL and Guilfoyle but havent submitted a formal bid yet.