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| Quote ="bramleyrhino"We don't know that Bradford Bulls had that choice.
It's certainly not Bradford Bulls' place to decide what their audience should and shouldn't be doing with their money.'"
Indeed.
But, funnily enough, Provident IS a blue-chip sponsor. As well as being one of Bradford's largest and longest-established employers, It is a FTSE-250 company, and IIRC at one time scraped into the FTSE-100. And its main shareholders are blue-chip pension and life offices and funds like Invesco, L&G and Prudential. So, many on here with a personal pension or life policy are probably invested in them.
Would we rather have a "blue-chip" sponsor like, say, RBS? The "blue-chip" company whose actions precipitated the Bulls' collapse in the first place? Hard one, that.
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| Quote ="dboy"Cut the insults and shouting down...try debating your points with reasoned arguments and see where that leads.'"
Go look on the Bulls forum. I exposed the blatant hypocrisy of one particular poster on there. I just shot down another fallacious argument above. And, in the example you quoted, I merely expressed my opinion on how the poster came across. If I really wanted to resort to insults, you'd know about it.
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| its all some one else's fault, RBS withdrew the over draft so its there fault not the Bulls, when you spend money you don't have you go bust, most of the time don't blame RBS, & because your new Sponsor's are a blue chip company, means nothing, they make there money by charging massive rates of interest to those who have very little, if they are so great you should have taken out a lone with them to pay your debts off instead of walking away from them, and seemingly very happy about it,
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| Quote ="frank5613"No its a company what charges people that cannot get loans or credit a mer 4000+% interest, id rather it was a beer company, fag, or glass company, but its only a company who rips people off who cannot do nothing about it, but so long as that part of the business is kept quiet its a great sponsorship'"
What does it matter?
No one forces you to take out one of their loans, just as no-one forces you to support Bradford. Which is great, as most people wouldn't want to do either.
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| Quote ="frank5613"its all some one else's fault, RBS withdrew the over draft so its there fault not the Bulls, [uwhen you spend money you don't have you go bust,[/u most of the time don't blame RBS, & because your new Spencer's are a blue chip company, means nothing, they make there money by charging massive rates of interest to those who have very little, if they are so great you should have taken out a lone with them to pay your debts off instead of walking away from them, and seemingly very happy about it,'"
...er, you mean precisely what those poor disadvantaged people who the holier-than-though hypocrites on here are so keen to defend do? They can't pay their bills, but its not their fault? Bulls can't pay their bills, it (and rightly) IS their fault? Bit of a contradiction there, old son?
And anyway, the rest of your drivel shows you clearly do not have the first idea what you are talking about.
By the way, has anyone seen me defending the Provident business model, or saying I think they are a great company? No, you have not. I dislike the business they are in, and wish there was no call for it. But the demand will always be there, regardless of whether you eliminate the largest legitimate and regulated sources of supply. Take out the likes of Provident, and the vacuum would be filled by unlicensed, unregulated loan sharks who tend to resort to enforcement methods that are not available to proper businesses. Some of the sanctimonious lecturers on here would do well to be mindful of the law of unexpected consequences, and be careful what they wish for. if, of course, they are in any way being genuine and not just taking the opportunity to have another shot at Bradford.
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| Quote ="ROBINSON"What does it matter?
No one forces you to take out one of their loans, just as no-one forces you to support Bradford. [uWhich is great, as most people wouldn't want to do either.[/u'"
must admit, that made me laugh!
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| Quote ="Adeybull"icon_lol.gif must admit, that made me laugh!
'"
Its good to see that the Horlicks has kicked in, though you were going to burst a blood vessel !
I have to admit not knowing the size and scale of your clubs new sponsor, so apologies for that and it is one hell of a figure (£1.2 million).
However, in the same way that the RFL didnt want Betfair, there is always a choice
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| you can say what you like, at the end of the day you went into administration, the people who have to use these firms don't have that luxury,they have to pay up, the Bulls are happy enough to put there name on your shirts, so instead of taking the easy road out of debt, why didn't the Bulls get a lone from them to pay your debts, the interest rate is not so high, the option was there
And no i have not seen you defend them , nor do you have any sympathy for those poor disadvantaged as you put it,
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| Quote ="Adeybull"Go look on the Bulls forum. I exposed the blatant hypocrisy of one particular poster on there. I just shot down another fallacious argument above. And, in the example you quoted, I merely expressed my opinion on how the poster came across. If I really wanted to resort to insults, you'd know about it.'"
Classy.
No, really.
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| Quote ="frank5613"you can say what you like, at the end of the day you went into administration, the people who have to use these firms don't have that luxury,they have to pay up, the Bulls are happy enough to put there name on your shirts, so instead of taking the easy road out of debt, why didn't the Bulls get a lone from them to pay your debts, the interest rate is not so high, the option was there
And no i have not seen you defend them , nor do you have any sympathy for those poor disadvantaged as you put it,'"
You really, really have no idea what the hell you are talking about, do you?
Bradford Bulls Holdings Ltd went bust ("bankrupt" if you like). The debts stay with the old company, and any that can be repaid out of the remaining assets are. None of the assets are "protected". The company will be liquidated in due course. A new company was formed to take over the business undertaking, and had to purchase those assets, net of (very substantial) liabilities it was obliged to assume. That company has suffered (RFL "fine", credit standing etc) because, through no fault of its own, the previous company defaulted on its debts.
Fred Bloggs goes bust ("bankrupt"icon_wink.gif. The debts are frozen, and any that can be repaid out of the remaining assets are. Many of the assets though are usually "protected" and so remain with the debtor regardless. The debtor is NOT liquidated (unless, maybe, he has borrowed from an unregulated back-street loan shark) and is free to retain any "protected" assets and does not have to buy them back nor does he have to take on again any previous liabilities. The debtor suffers (credit standing) because, whether or not it was his own fault, he defaulted on his debts.
If you are seeking to compare like with like, at least try and get the facts straight?
Just as financial institutions, even Provident and other sub-prime lenders, will not (or should not) lend to those individuals considered a very poor credit risk unlikely to be able to repay the loan, so financial institutions will not lend to businesses in that situation. Leaving aside the fact that provident's business is lending to individuals not companies, so they would not be in the market for lending to the Bulls, there was no more chance of any financial institution lending to the Bulls - or quite a few other RL clubs, for that matter than there was them lending to a very poor credit risk individual.
And actually no, in the main I do not have massive sympathy for ANYONE who borrows money from ANYONE in the knowledge that they are unlikely to be able to pay it back. Individuals; companies; governments. There will always be exceptions, especially the GENUINELY vulnerable, and there will always be significant numbers of individuals and businesses that believe, in good faith or even undue optimism, that they will be able to meet the repayments. If things do not work out for them, as long as they have acted reasonably responsibly and in good faith they will always have my sympathy. Those who act irresponsibly never will. Be they individuals or businesses.
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| Quote ="Adeybull"Indeed.
But, funnily enough, Provident IS a blue-chip sponsor. As well as being one of Bradford's largest and longest-established employers, It is a FTSE-250 company, and IIRC at one time scraped into the FTSE-100. And its main shareholders are blue-chip pension and life offices and funds like Invesco, L&G and Prudential. So, many on here with a personal pension or life policy are probably invested in them.
Would we rather have a "blue-chip" sponsor like, say, RBS? The "blue-chip" company whose actions precipitated the Bulls' collapse in the first place? Hard one, that.'"
I long for the day that RL could attract sponsors such as Vodafone, Starbucks, Amazon or Google.
[url=http://www.bbc.co.uk/news/business-20288077Oh.... hang about[/url.
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| Quote ="bramleyrhino"I long for the day that RL could attract sponsors such as Vodafone, Starbucks, Amazon or Google.
[url=http://www.bbc.co.uk/news/business-20288077Oh.... hang about[/url.'"
Never heard of the Vodafone Warriors then?
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| Quote ="Wheels"Never heard of the Vodafone Warriors then?
'"
Dammit!
Knew some smart would come along soon enough
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| Quote ="Adeybull"You really, really have no idea what the hell you are talking about, do you?
Bradford Bulls Holdings Ltd went bust ("bankrupt" if you like). The debts stay with the old company, and any that can be repaid out of the remaining assets are. None of the assets are "protected". The company will be liquidated in due course. A new company was formed to take over the business undertaking, and had to purchase those assets, net of (very substantial) liabilities it was obliged to assume. That company has suffered (RFL "fine", credit standing etc) because, through no fault of its own, the previous company defaulted on its debts.
Fred Bloggs goes bust ("bankrupt"icon_wink.gif. The debts are frozen, and any that can be repaid out of the remaining assets are. Many of the assets though are usually "protected" and so remain with the debtor regardless. The debtor is NOT liquidated (unless, maybe, he has borrowed from an unregulated back-street loan shark) and is free to retain any "protected" assets and does not have to buy them back nor does he have to take on again any previous liabilities. The debtor suffers (credit standing) because, whether or not it was his own fault, he defaulted on his debts.
If you are seeking to compare like with like, at least try and get the facts straight?
Just as financial institutions, even Provident and other sub-prime lenders, will not (or should not) lend to those individuals considered a very poor credit risk unlikely to be able to repay the loan, so financial institutions will not lend to businesses in that situation. Leaving aside the fact that provident's business is lending to individuals not companies, so they would not be in the market for lending to the Bulls, there was no more chance of any financial institution lending to the Bulls - or quite a few other RL clubs, for that matter than there was them lending to a very poor credit risk individual.
And actually no, in the main I do not have massive sympathy for ANYONE who borrows money from ANYONE in the knowledge that they are unlikely to be able to pay it back. Individuals; companies; governments. There will always be exceptions, especially the GENUINELY vulnerable, and there will always be significant numbers of individuals and businesses that believe, in good faith or even undue optimism, that they will be able to meet the repayments. If things do not work out for them, as long as they have acted reasonably responsibly and in good faith they will always have my sympathy. Those who act irresponsibly never will. Be they individuals or businesses.'"
Thank you for the explanation what went on at your place, and it is nice to know you do have some sympathy for some of the less fortunet, as not all the people at the lower end are scrounges & layabouts. Can you tel me if you know what assets the old buisnes has, with the RFL owning the rights to the ground, and the players transfered to the new company, what is left.
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Quote ="Adeybull"Sactimonious, self-opinionated, pious and almost certainly hypocrite. And making statements bordering on actionable. And hardly the only one.
Funny, isn't it, how much of the vitriol on this subject seems to spew from certain Wakey and Shudds fans? They might say they are not being partisan, but few others are likely to believe them. We saw their true colours when Bulls did not roll over and die as they had expected.'"
Quite funny debating with people like you.
Anyone who crticises the sponsorship deal is being partisan.
When that is refuted by political or social beliefs you are accused of being sanctimonious, pious or hypocritical.
When that is challenged it is a case of what is the alternative as all financial enterprises are a bit dodgy and Provident are no worse than others.
When that is challenged it comes down to the key issue, My club right or wrong as Mystic Eddie says he would be happy to be sponsored by , " the Jimmy Saville foundation".
Then when you challenge all of the above Adeybully boy threatens legal action.
=#FF0000Here is the link to the BBC expose.
www.bbc.co.uk/iplayer/episode/b0 ... _Doorstep/.
=#FF0000Here is a link to how Provident prey on the vulnerable
www.bbc.co.uk/news/business-19748048.
This is what makes it and other companies like it worse than Barclays ( as odious as they are) or maybe better than the loan sharks but that is a red herring and those who propose it know it is
Read the information and make your mind up.
My view was support your club if you want, buy the shirt if you want but black out the advertising and express your view.
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Quote ="Adeybull"Sactimonious, self-opinionated, pious and almost certainly hypocrite. And making statements bordering on actionable. And hardly the only one.
Funny, isn't it, how much of the vitriol on this subject seems to spew from certain Wakey and Shudds fans? They might say they are not being partisan, but few others are likely to believe them. We saw their true colours when Bulls did not roll over and die as they had expected.'"
Quite funny debating with people like you.
Anyone who crticises the sponsorship deal is being partisan.
When that is refuted by political or social beliefs you are accused of being sanctimonious, pious or hypocritical.
When that is challenged it is a case of what is the alternative as all financial enterprises are a bit dodgy and Provident are no worse than others.
When that is challenged it comes down to the key issue, My club right or wrong as Mystic Eddie says he would be happy to be sponsored by , " the Jimmy Saville foundation".
Then when you challenge all of the above Adeybully boy threatens legal action.
=#FF0000Here is the link to the BBC expose.
www.bbc.co.uk/iplayer/episode/b0 ... _Doorstep/.
=#FF0000Here is a link to how Provident prey on the vulnerable
www.bbc.co.uk/news/business-19748048.
This is what makes it and other companies like it worse than Barclays ( as odious as they are) or maybe better than the loan sharks but that is a red herring and those who propose it know it is
Read the information and make your mind up.
My view was support your club if you want, buy the shirt if you want but black out the advertising and express your view.
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| Quote ="Ferocious Aardvark"Seek power, William. Then, you can prohibit the underclasses from borrowing money, and get your wish that they not be attracted to, or permitted to attend, sporting events.
God forbid that the hoi polloi should be allowed in Odsal to taint your air, eh? No sir, we don't want to attract the likes of them. Keep the buggers down, what?
It was much better last year when we were "targeting C1/C2 and D demographics". Yes, I remember it well. Made a packet there, as I recall. Or we may have gone tits, can't remember which.
Fookin snob poseur.'"
You might need to order more straw for future construction purposes after that effort.
Given the price of season tickets the Bulls had been flogging over the past few seasons, it's clear the previous administration had all those E demographics in mind as C1/C2 and D were abandoning the club in droves due to the lack of on-field success. My only surprise is they didn't prey on the vulnerable by offering those £60 season tickets via a credit loan scheme and an APR of 499% payable over 36 months. At least that way, it'd only cost the E's a tenner a month as they pay around £360 for a £60 season ticket loan. Provident Financial will sure as hell show them how it should be done instead.
Good luck with in getting more sponsors onboard. Cash Converters, Money Shop and Poundland might be interested now. Not sure about Russell Smith's Opticians as their target demographic is most definitely A and B. Those Carl Zeiss lenses and designer frames don't come cheap!
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| now some one has posted the documentary make your hone mind up about it, mine will never change but thats me, if you think its OK, then fare enough, but Bradford Bulls is off limits for me and my family & a lot of Friends will give it a miss but thats are choice, i will spend the brass on my home Club
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| Rugby League fans love a good boycott don't they?
Pathetic.
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| Quote ="Wheels"Rugby League fans love a good boycott don't they?
Pathetic.'"
I will remember your solidarity with those less fortunate when they look to abolish disability legislation.
Then again you will think that people campaigning against things they dont agree with is pathetic.
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| Quote ="Durham Giant"I will remember your solidarity with those less fortunate when they look to abolish disability legislation.'"
Ok mate.
Quote Then again you will think that people campaigning against things they dont agree with is pathetic.'"
Boycotting a Rugby League team over its choice of sponsor is pathetic, yes.
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| Because i don't have the same view as you, how is that a boycott, my opinion is mine, you must be well off, or just don't give a toss so long as it doesn't bother you, watch the program, or are you too busy on the keyboard
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| Quote ="frank5613"Because i don't have the same view as you, how is that a boycott, my opinion is mine, you must be well off, or just don't give a toss so long as it doesn't bother you, watch the program, or are you too busy on the keyboard'"
You and your family refusing to go to Bradford because of their sponsor is a boycott. And its pathetic.
I saw the program when it was on. Yes they are a company that has unsavoury elements, but you show me a business that doesn't. It also doesn't change the fact that it is still a completely legal company that ultimately people have a choice to use.
I trust you are also boycotting Widnes, Wigan and Hull FC for their Magners sponsorship as alcohol kills millions every year. What about Wigan, Cas and Fev for their Probiz sponsorship, specialising in tax avoidance? Wigan for their sponsorship with Betfred and ApolloBet, ruining millions of gambling addicts lives?
Thought not.
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| Its totally different, my and my family do not agree with anything what as gone on with the bulls,i have not asked any person not to go so its not a very big boycott, i would not dream to tell people not to support the Bulls, i have seen what lending company's do through work, but for me and my family to miss going wont hurt anybody, my opinions are mine, the money we save will still go into RL, just a different club
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| Quote ="Wheels"You and your family refusing to go to Bradford because of their sponsor is a boycott. And its pathetic.
I saw the program when it was on. Yes they are a company that has unsavoury elements, but you show me a business that doesn't. It also doesn't change the fact that it is still a completely legal company that ultimately people have a choice to use.
I trust you are also boycotting Widnes, Wigan and Hull FC for their Magners sponsorship as alcohol kills millions every year. What about Wigan, Cas and Fev for their Probiz sponsorship, specialising in tax avoidance? Wigan for their sponsorship with Betfred and ApolloBet, ruining millions of gambling addicts lives?
Thought not.'"
You are just recycling irrelevant arguements.
Everyone has a view on what they feel is acceptable when it comes to business practice.
Why is it that you criticise some people who say that Provident is over the line they feel is acceptable.
Would you draw the line at anything or do you just not give a damn.
Oh to be so indifferent to real issues.
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| Quote ="frank5613"Its totally different, my and my family do not agree with anything what as gone on with the bulls,i have not asked any person not to go so its not a very big boycott, i would not dream to tell people not to support the Bulls, i have seen what lending company's do through work, but for me and my family to miss going wont hurt anybody, my opinions are mine, the money we save will still go into RL, just a different club'"
Yeah, thats still a boycott.
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