|
|
Rank | Posts | Team |
Player Coach | 4035 | No Team Selected |
Joined | Service | Reputation |
Dec 2006 | 18 years | |
Online | Last Post | Last Page |
Sep 2024 | Jan 2023 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="juliebull"About time. Dead men walking from the last month. The new guys need to be clear and quickly about what they are going to do.'"
Correct, we need some positive communication from the new regime as soon as they get themselves sorted out.
|
|
|
Rank | Posts | Team |
International Chairman | 14145 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Aug 2020 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Cibaman"Unless they put the club unecessarily into administration (if that's possible) merely to strengthen their own position.'"
That is what my huge worry has been right from the start, and my main reason for being concerned about a CC return. I just hope I misjudge CC and his motives, and that he has more respect for the supporters - on which the future for what would then be HIS club would depend - than to do that. or, maybe more to the point, those he is working with will appreciate the damage that forcing an avoidable administration just to gain full control would do?
The trouble is, if he DOES force administration and blames it all on Hood, we'll likely never get to know the truth of it.
|
|
|
|
Rank | Posts | Team |
Club Coach | 8877 | No Team Selected |
Joined | Service | Reputation |
Mar 2005 | 20 years | |
Online | Last Post | Last Page |
Feb 2023 | Feb 2023 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
|
Champion. Good riddance.
|
|
|
Rank | Posts | Team |
Moderator | 10969 | No Team Selected |
Joined | Service | Reputation |
Mar 2002 | 23 years | |
Online | Last Post | Last Page |
Jan 2023 | Jun 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
Moderator
|
| Quote ="Adeybull"That is what my huge worry has been right from the start, and my main reason for being concerned about a CC return.
I just hope I misjudge CC and his motives, and that he has more respect for the supporters - on which the future for what would then be HIS club would depend - than to do that. or, maybe more to the point, those he is working with will appreciate the damage that forcing an avoidable administration just to gain full control would do?
The trouble is, if he DOES force administration and blames it all on Hood, we'll likely never get to know the truth of it.'"
It could be argued that PH learned his communication tactics from CC as there's certainly no noticeable difference from the 'old days' when CC was previously in charge. In fact I would say PH was much the more approachable of the two.
On the admin front, Ryan was on Radio Leeds a short while ago and he mentioned about there being downsides to it and said he hoped to avoid it, but obviously he's not in any position to say what will happen in the future.
Just read that back and it's a bit unclear -Ryan didn't say he wasn't in a position to... etc, that bit was just my comment.
|
|
|
Rank | Posts | Team |
International Star | 1934 | No Team Selected |
Joined | Service | Reputation |
May 2011 | 14 years | |
Online | Last Post | Last Page |
Nov 2023 | Mar 2023 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Adeybull"That is what my huge worry has been right from the start, and my main reason for being concerned about a CC return.
I just hope I misjudge CC and his motives, and that he has more respect for the supporters - on which the future for what would then be HIS club would depend - than to do that. or, maybe more to the point, those he is working with will appreciate the damage that forcing an avoidable administration just to gain full control would do?
The trouble is, if he DOES force administration and blames it all on Hood, we'll likely never get to know the truth of it.'"
From the T and A
'The strategic review of the club that Caisley spoke of last month will begin in earnest, with the first task being to ascertain the depth of the club’s financial woes.
It is expected that Caisley, former general manager Tasker and ex-director Coulby will play key roles in the review and that external financial expertise could also be utilised.'
From this and from what Coulby has previously said they are both expecting, and preparing the fans, for a Greek style discovery of a financial black hole. Coulby didn't even know Hood was selling the lease on the ground ffs.
|
|
|
|
Rank | Posts | Team |
Moderator | 32030 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Jan 2025 | Jan 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
Moderator
|
| I expect a few skeletons in the cupboard. Just hope it's not that bad. Could be a rough ride over the next few weeks.
|
|
|
Rank | Posts | Team |
International Star | 1934 | No Team Selected |
Joined | Service | Reputation |
May 2011 | 14 years | |
Online | Last Post | Last Page |
Nov 2023 | Mar 2023 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Is this why Bennett trailered the 'Caisley taking the club into admin' line? Because he knows as soon as someone gets a look at the full extent of the liabilities there's no other choice?
When Coulby spoke about investors he mentioned that few want to throw money down a black hole.
|
|
|
Rank | Posts | Team |
International Chairman | 28357 | No Team Selected |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
Online | Last Post | Last Page |
May 2024 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| I repeat, what black hole of liabilities??
1. Bank. We know that's nil.
2. Taxman - maybe a couple of months tax to be paid but my belief is it must have been pretty much paid up from the Pledge as if not then HMRC wouldve closed us down by now, so no historical tax debt to speak of.
3. RFL loan. We know that's paid off, so nil.
4. Leeds. We all know that the final payment of the Harris money which we may or may not have had to pay under the confidential settlement was paid off recently. So nil.
What else can there be? Suggestions on a postcard, cos I'm struggling.
|
|
|
|
Rank | Posts | Team |
International Chairman | 7594 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
May 2021 | May 2021 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| At this point I'm willing to believe there are actual, non-metaphorical skeletons in a cupboard.
|
|
|
Rank | Posts | Team |
International Chairman | 28357 | No Team Selected |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
Online | Last Post | Last Page |
May 2024 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="vbfg"At this point I'm willing to believe there are actual, non-metaphorical skeletons in a cupboard.'"
Well, he may not have been sighted for a while, but I'm still willing to bet that Solomona isn't one of them
|
|
|
Rank | Posts | Team |
Club Coach | 850 | No Team Selected |
Joined | Service | Reputation |
Jan 2005 | 20 years | |
Online | Last Post | Last Page |
Jan 2014 | Jul 2013 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| As I see it, and I may be wrong, administration is to be sought when a company has debts owed that it cannot service.
If Hood and Bennett have been truthful, and the pledge money has cleared the decks, then there should be no threat of administration, unless the cashflow projections they made when setting the budgets for this year were so poor that they know there is no way the company can trade with its current committments being met. Either way, it is their judgements that will see us in administration.
Caisley is quite a pragmatic bloke from what I've seen and read from the past. he makes tough decisions, and when he weilds that much power and influence, sometimes he will get it wrong.
Should we go into administration, both Hood , Caisley and their respective cohorts will have been to blame, as they both have made decisions that have led this club to where it is now!
Anything else is conjecture, guess work, conspiracy theorising. Neither side will want to shoulder most blame, they will both want to appear as the ones who had no choice.
There are pro Caisley, and pro Hood factions who are blaming the other and raking over the past. I am in neither. We should be pro Bradford Bulls, simple as that. Over the last month, Coulby and Caisley have made the most sense to me, and Hood and Bennett gave very poor responses. At this moment in time, having a stable (ish) board going forward is better than a board waiting to be removed. Of course Caisley could have kept quiet about everything and allowed the board some stability couldnt he?
To be honest, if we have a club that starts SL 2013 and contains the likes of Bateman, Whitehead, Gale etc... I will take that as proof that what we have is better than what we had!
|
|
|
|
Rank | Posts | Team |
Club Coach | 850 | No Team Selected |
Joined | Service | Reputation |
Jan 2005 | 20 years | |
Online | Last Post | Last Page |
Jan 2014 | Jul 2013 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| FA, The club will have projections for income and out goings that the now former board have formulated. Caisley could decide that they are pie in the sky and suggest that the club is over committed.
this could be in the rent we now pay to the rfl, players wages, contracts with suppliers etc...
If the budgeting is wrong then we will only fall into more debt. Surely if he sees it coming the right thing to do would be admin now and a newco. at least then the people we may potentially owe to, wont yet have supplied us and therefore we are just cancelling contracts?? This could even be the ethical thing to do!
|
|
|
Rank | Posts | Team |
Club Coach | 9554 | No Team Selected |
Joined | Service | Reputation |
Jun 2005 | 20 years | |
Online | Last Post | Last Page |
Nov 2024 | Nov 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="isaac1"FA, The club will have projections for income and out goings that the now former board have formulated. Caisley could decide that they are pie in the sky and suggest that the club is over committed.
this could be in the rent we now pay to the rfl, players wages, contracts with suppliers etc...
If the budgeting is wrong then we will only fall into more debt. Surely if he sees it coming the right thing to do would be admin now and a newco. at least then the people we may potentially owe to, wont yet have supplied us and therefore we are just cancelling contracts?? This could even be the ethical thing to do!'"
The other financial benefit of admin from new boards point of view is it removes need to honour things like five yr season tickets and remaining yrs of the contracts of certain players deemed surplus to requirements. Can't see fans or rfl respectively being too pleased if they use admin as a way to avoid these commitments though.
|
|
|
Rank | Posts | Team |
International Star | 1934 | No Team Selected |
Joined | Service | Reputation |
May 2011 | 14 years | |
Online | Last Post | Last Page |
Nov 2023 | Mar 2023 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Ferocious Aardvark"I repeat, what black hole of liabilities??
1. Bank. We know that's nil.
2. Taxman - maybe a couple of months tax to be paid but my belief is it must have been pretty much paid up from the Pledge as if not then HMRC wouldve closed us down by now, so no historical tax debt to speak of.
3. RFL loan. We know that's paid off, so nil.
4. Leeds. We all know that the final payment of the Harris money which we may or may not have had to pay under the confidential settlement was paid off recently. So nil.
What else can there be? Suggestions on a postcard, cos I'm struggling.'"
From the tone and content of today's T and A article and the interview with Coulby last week the suggestion is there's a significant possibility of other liabilities which have not been previously revealed by Messrs Hood and Bennett. Bennett himself raised the spectre of admin if 'Caisley and his cohorts' took over. If there's no other liabilities apart from the ones that have now been met how is this a possibility?
Maybe I'm expecting the worst and then interpreting the articles in the same manner.
|
|
|
Rank | Posts | Team |
Player Coach | 4501 | No Team Selected |
Joined | Service | Reputation |
Jul 2009 | 16 years | |
Online | Last Post | Last Page |
Jan 2025 | Jan 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Anybody catch Ryan Duckett on Radio Leeds just then? I just missed it.
|
|
|
Rank | Posts | Team |
International Chairman | 17152 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Jan 2025 | Jan 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="vbfg"At this point I'm willing to believe there are actual, non-metaphorical skeletons in a cupboard.'"
Steve McGowan could be the cleaner.
|
|
|
Rank | Posts | Team |
International Chairman | 14145 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Aug 2020 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| As I keep observing, administration would be a means for CC to gain total control.
If, as we have been assured, all the non-day to day liabilities have been settled, then if there is a day to day cash shortfall that could doubtless be plugged by Moran and transfer fees, and least in the short term. So will be interesting to see what the justification for administration might be.
|
|
|
Rank | Posts | Team |
International Star | 1934 | No Team Selected |
Joined | Service | Reputation |
May 2011 | 14 years | |
Online | Last Post | Last Page |
Nov 2023 | Mar 2023 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| I don't think anyone believes the assurances Adey. If half of what Coulby said is true then God knows what they're going to find.
|
|
|
Rank | Posts | Team |
International Chairman | 6038 | No Team Selected |
Joined | Service | Reputation |
Apr 2002 | 23 years | |
Online | Last Post | Last Page |
Mar 2017 | Feb 2017 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Adeybull"
The trouble is, if he DOES force administration and blames it all on Hood, we'll likely never get to know the truth of it.'"
Is that right? I dont have any experience of Administration but was under the impression that it was a fairly transparent process? If, as FA says and I have before, we've paid off the major debts, wouldn't that become known during an Administration?
|
|
|
Rank | Posts | Team |
International Star | 303 | No Team Selected |
Joined | Service | Reputation |
Aug 2010 | 14 years | |
Online | Last Post | Last Page |
Nov 2013 | Nov 2013 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="tigertot"Steve McGowan could be the cleaner.'"
would rather see his brother Shane.did a great job with his teeth.
|
|
|
Rank | Posts | Team |
Player Coach | 3229 | No Team Selected |
Joined | Service | Reputation |
Oct 2005 | 19 years | |
Online | Last Post | Last Page |
Jan 2025 | Jan 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Adeybull"As I keep observing, administration would be a means for CC to gain total control.'"
Although technically he has majority control at the moment. Which might be a less risky option - once he has weighed all the variables.
This review process. If we accept that Duckett & Potter are good at their jobs - then the review process doesn't have to be a significant amount of time. It might actually be separate 1hr presentations with a q&a session afterwards over a cup of tea.
Duckett will know the financial skeletons (or lack thereof) and just needs to bring Tasker up to speed.
Potter will know the strengths & weaknesses of his squad and who he wants to let go/keep and who to get in.
Coulby & Caisley & Agar would bring it all together.
That meeting with Nobby would be interesting. I would love to be a fly on the wall for that one.
|
|
|
Rank | Posts | Team |
Club Coach | 9554 | No Team Selected |
Joined | Service | Reputation |
Jun 2005 | 20 years | |
Online | Last Post | Last Page |
Nov 2024 | Nov 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Anyone still confident we'll avoid Administration after listening to Duckett on boots n all?. He usually comes across pretty well but seemed to not have a clue whats going on. Cullen and O'Connor putting boot in will hardly help attract investors either.Pretty certain our average attendance is well north of 8k too which one of them stated as current figure.
|
|
|
Rank | Posts | Team |
International Chairman | 14145 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Aug 2020 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="Cibaman"Is that right? I dont have any experience of Administration but was under the impression that it was a fairly transparent process? If, as FA says and I have before, we've paid off the major debts, wouldn't that become known during an Administration?'"
Its certainly not a transparent process at all - far from it. Especially with prepacks. An administrator will always be able to justify his actions in some way. But that wasn't my point. What I was getting at is that once a business is in administration, there is virtually no way for Joe Public to get to know whether if COULD have been saved without resorting to administration. All we'd have is one camp assuring us that administration was the only option, and the other likely saying the opposite - and adding that it was the first party's intervention that prevented the second party from securing the investment it was pursuing.
And we'll never know the truth of it. But, unto the victor the spoils, and history is usually written by the victors?
|
|
|
Rank | Posts | Team |
Player Coach | 8031 | No Team Selected |
Joined | Service | Reputation |
Jan 2008 | 17 years | |
Online | Last Post | Last Page |
Jan 2025 | Jan 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote ="mat"Anyone still confident we'll avoid Administration after listening to Duckett on boots n all?. He usually comes across pretty well but seemed to not have a clue whats going on. Cullen and O'Connor putting boot in will hardly help attract investors either.Pretty certain our average attendance is well north of 8k too which one of them stated as current figure.'"
The presentation was embarrassing.
Don't these presenters know that meticulous preparation is essential to at least come across as legitimate and knowledgeable.
The above isn't in no way shape or form aimed at Ryan Duckett, but those two clowns.
Sky's Rugby League coverage needs an urgent revamp IMO.
|
|
|
Rank | Posts | Team |
Player Coach | 8031 | No Team Selected |
Joined | Service | Reputation |
Jan 2008 | 17 years | |
Online | Last Post | Last Page |
Jan 2025 | Jan 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Maybe a week on Friday a new era could start?
|
|
|
|
|