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| Quote ="Adeybull"That was precisely what I had been wondering.'"
Im pretty sure thats what the issue is, in which case, did we not discuss the situation with our bank?? and if not, why the feck not? And if we did why are we here now? Lots of questions I don't expect an answer to.
I'd lose my house if I treated my credit like this I reckon. I've pledged but I'm not happy with my own decison, will still help, donate to an escrow, whatever else comes out of the bullbuilder/other group discussions.
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| Sorry to hear guys. Hope it gets sorted. Best of luck.
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| There's already 2 threads on the Leeds site about which Bulls players they would have when we go under, Vultures turn my stomach. I bet that slime ball Hethrington is enjoying all this.
As for all the good wishes from the proper RL fans (including Rhino's fans) from other clubs, many thanks it is appreciated.
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| I was just thinking what I would do if this was Saints.
I would share all the concerns about whether my £100 meant anything, or whether the morons in charge would even know what to do with it.
I would end up donating though because:
a) I can afford to, and
b) If I didn't, and rather than rising from the ashes my club disappeared, I would never forgive myself.
I know that probably makes me a mug, but blind faith tends to be what supporting a sports club is all about.
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| I do hope the Bulls pull through, however we do remember a certain Mr Caisley voting for our demise when we were in a similar position. I am sure we would vote to keep you in however.
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| was shocked when I read the news and We at the DONS have had our fair share of financial problems over the course of our existence, hope you get sorted cos the game of Rugby League wud be alot poorer without the Bradford Bulls.
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| I feel for your fans but who can afford £100 pounds this day and age .With all the cuts and money is tight .Just hope you get it sorted .Will be ring our friends tonight they live in Idle .Hope to come to Bradford this weekend Frank and I will be having a chin wag about it all .We go in Oddfellows for lunch been informed they had the deco changed .Good luck to you all hope things turn out right for you Ray
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| Quote ="Duckman"Would the bank call in the overdraft due to us selling our biggest asset? the ground lease. Thus increasing our risk to them? Has solving one problem caused another?'"
Maybe.
Quote ="BBC"The club's bank, the Royal Bank of Scotland, said it had not cut the Bulls' overdraft but that the directors had failed to provide alternative security to secure credit since selling the lease on Odsal.'"
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| Quote ="Adeybull"That was precisely what I had been wondering.'"
Looks like you're spot on:
Quote ="The BBC"The club's bank, the Royal Bank of Scotland, said it had not cut the Bulls' overdraft but that the directors had failed to provide alternative security to secure credit since selling the lease on Odsal.'"
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| so the thing that was supposed to secure our future has done entirely the opposite.......idiots!!!!
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| Says it all by the board really.
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| Quote ="Wigan28/Leeds18 Andy"Maybe.
'"
So they sell the ground lease to fund long term debt, yet do nothing about the short term, sounds like a very incompetent BoD
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| Confirmed by Duckett too. So the management is that inept they didn't even have that conversation with the bank and now expect supporters to bail them out. Unbelievable.
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| Quote ="Northern Lad"so the thing that was supposed to secure our future has done entirely the opposite.......idiots!!!!'"
![DOH icon_biggrin.gifOH:](//www.rlfans.com/images/smilies//eusa_doh.gif)
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| The Lord Mayor of London is backing the pledge, the word really is getting out, as is Stuart Fielden.
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| Only 2nd post on here I know but supported this club for 20 years and never ever thought it would come to this! Woke up this morning and felt so sick at this news!
Anyway heres my take on it all after reading forums listening to radio and tv coverage.......
It seems as though we are not wanting to sell any players from what the club has made out which is seemingly good news however this does make me question why hood is begging for money from us when we could get rid of some playing assets? I wouldn't want this to happen as the players are obviously key to the team winning games
For me the best thing for Hood to do is step down as the fans trust has gone completely in him now. He has lied to all of us in the press mentioning none of this!
I have a sneaky feeling that the players knew something was brewing financially before Salford and their heads were down there that's why we played poorly.
So what's the way forward for us as fans? Do we pledge or don't we. Personally I have done and I know it's a risk but I cant bear to lose this club! It is my life and will be raising my kids to support this club!
I did fear the worst this morning but am a bit more positive tonight. Its great to see other clubs players and fans donating and supporting us! Just proves how much of family sport rugby league is because we all know this wouldn't happen in football!
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| Funny how Hood hasn't been on radio or anything today.
Sounds as though the Odsal deal was a big factor in this, and Hood was the driving factor behind that IIRC.
Not sure about a full board clearout, but Hood going would get alot more pledges in imo.
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| I rekon this is all a big marketing ploy. 'Come see the Last ever Bulls game at Odsal against Leeds' would be a sellout, only for after the game you to have made the £500,000
In all seriousness, this is a horrible situation for your club and I hope to god you pull through. Just as things in Superleague start to look rosey something like this comes along, you have to wonder how even the smaller clubs are coping!
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| Quote ="anarkik"Confirmed by Duckett too. So the management is that inept they didn't even have that conversation with the bank and now expect supporters to bail them out. Unbelievable.'"
![DOH icon_biggrin.gifOH:](//www.rlfans.com/images/smilies//eusa_doh.gif) its bothered me all day, now its confirmed I can't quite belive the inepitude involved in not checking the consequences fully with the bank of selling off our only major asset.... whatever happens we badly need a change at the top, at the very least hood needs to fall on his sword, but who would step in/step up?
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| Quote ="Duckman" whatever happens we badly need a change at the top, at the very least hood needs to fall on his sword, but who would step in/step up?'"
Anyone, if it was Hood who sorted the Odsal deal, he has to walk.
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| Quote ="Diamond Harry"One of the most gutting things is, we are bringing so many quality young players through at the minute and it looks like if any offers come in for any of them we will have to sell.'"
Indeed. Really sorry to hear about your plight and hope some sort of package can be sorted. Super League needs Bradford.
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| four or five hours since the news broke, the response has been fantastic, the phones have been red hot. Someone has just pledged £5,000 and we've had ex-players also pledging their support,
"Stuart Fielden has offered to come in and help answer the phones. Jamie Peacock has been on Twitter saying he's going to pledge £800.
dose not look that bad fans are trying with players
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| We had the same thing last year, except it was £1,000 from 500 fans. I think they raised £8,000, principally because fans asked the question whether it would maintain our future for ever, not get us through a short term problem with another one waiting in the wings, like a payday loan. All the board wanted was to save themselves, not the club. In the end, it was the best thing that happened to us. I see the Steve Parkin name on the forum. He was sniffing last year. He might be sitting in his house now, stroking his white cat and chuckling to himself. It might turn out to be the best thing that happens to you. It was with us.
Good luck.
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| Anyone want to walk from Bradford to Hull to make money? ![Wink icon_wink.gif](//www.rlfans.com/images/smilies//icon_wink.gif)
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| Quote ="daveyz999"Problem is, if we enter administration, we lose all our best players to clubs at cut fee prices.
it won't matter how much they have left on their contract, everyone will be available!'"
Does that matter as long as your club keeps going... ![Wink icon_wink.gif](//www.rlfans.com/images/smilies//icon_wink.gif)
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