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| Quote ="mwildcats"Go on then I'll bite?
1.2M difference is this in reference to the Sky money BB aren't getting because the RFL bought the iconic odsal and are therefore not dishing out Sky money to retrieve their cash back?'"
If it is then it 1.2m over 2 years of which only 1 of those years has passed and it negates the 1.2m given to the bulls in hidden loans that were then recouped by the RFL taking over the lease of the "Iconic" odsall landfill stadium
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| Quote ="mwildcats"Go on then I'll bite?
1.2M difference is this in reference to the Sky money BB aren't getting because the RFL bought the iconic odsal and are therefore not dishing out Sky money to retrieve their cash back?'"
That'll be it, and you can probably add in another £0.5m that the former Directors trousered after the broadcaster, former players, other clubs and most shamefully, their own fans, chucked into the begging buckets last season.
No slight on the fans of the club by the way - I feel for them - but OK's and to a lesser extent AG's conduct makes a strong case for the fortunes of a club to be separate from the fortunes of a singe wealthy owner; it seems unfair that clubs can be brought to their knees by these people, dragging others down with them, only for them to walk away relatively unscathed, whilst the club is left in ruins.
I hope Bradford can be saved and hopefully, they'll cut their cloth appropriately and attempt to rebuild.
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| Quote ="mwildcats"Go on then I'll bite?
1.2M difference is this in reference to the Sky money BB aren't getting because the RFL bought the iconic odsal and are therefore not dishing out Sky money to retrieve their cash back?'"
No. The money last year was shared between the other SL clubs (a decision made by the other SL clubs), now that really was shameful.
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| Quote ="Bully_Boxer"No. The money last year was shared between the other SL clubs (a decision made by the other SL clubs), now that really was shameful.'"
1.2m wasn't the amount shared out, it was half that and then shared between 13 clubs so that using my calculator makes a difference in central funding of a little over £46k HTH
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| Quote ="Bully_Boxer"No. The money last year was shared between the other SL clubs (a decision made by the other SL clubs), now that really was shameful.'"
Right so your original post was in reference to how we found ourselves in the brown stuff with financial matters and owners compared to Bradford, and how we were "fortunate" to have Glover who let go off his directors loans unlike OK.. and how we would be in deeper trouble if we had an owner like OK.
You then stated we would be in a worse posistion if there wasn't a 1.2m central funding difference between ourselves.
Now after clarifying yourself on this matter this is not the case.. but perhaps you should lay out what you are actually referring to rather than just a one-liner that is open to all kind of interpretation.
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| Quote ="Bully_Boxer"No. The money last year was shared between the other SL clubs (a decision made by the other SL clubs), now that really was shameful.'"
off you go and get your buckets out!! i posted on bulls forum 2 months ago about your paddle and a certain creek! but hey ! kopzak sykes and whitehead are all better off now !
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| Quote ="financialtimes"1.2m wasn't the amount shared out, it was half that and then shared between 13 clubs so that using my calculator makes a difference in central funding of a little over £46k HTH
'"
Well 646k difference surely?
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| Quote ="Bully_Boxer"Well 646k difference surely?'"
Small fry considering the £1.2m of additional central funding Bradford got the season before last.
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| I know it was along time ago but I seem to recall that when we first got into SL we were only allowed to if we agreed to receive NONE of the SKY money for the first two seasons, so forgive me if I don't feel sorry for bradford who still get half and could have let some of their squad go last year to cover the difference
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| Quote ="Bully_Boxer"Well 646k difference surely?'"
So not 1.2m then
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| Quote ="financialtimes"So not 1.2m then
'"
Well by the end of this year it will be more than 1.2M.
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| Quote ="Bully_Boxer"Well by the end of this year it will be more than 1.2M.'"
so would you like to go back to your original post and edit it accordingly?
And for the record it could be 1.8m by the end of this year as you will need to fulfil all your fixtures to get your 2014 money
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| Quote ="Bully_Boxer"Well by the end of this year it will be more than 1.2M.'"
No it will be nil for the reasons previously mentioned.
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| Quote ="Tricky2309"I know it was along time ago but I seem to recall that when we first got into SL we were only allowed to if we agreed to receive NONE of the SKY money for the first two seasons, so forgive me if I don't feel sorry for bradford who still get half and could have let some of their squad go last year to cover the difference'"
Be very careful here, if I remember rightly all the teams in the "championship" gave us a certain amount of money to help us try and to survive, something we should always appreciate.
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| Quote ="financialtimes"so would you like to go back to your original post and edit it accordingly?
And for the record it could be 1.8m by the end of this year as you will need to fulfil all your fixtures to get your 2014 money
'"
So we're looking at around 1.3M difference in funding. When I was at school that was a lot closer to the 46k you came up with on your calculator.
And I don't think it's really too wise making clever comments about our ability to fulfil fixtures given your own recent financial troubles, do you?
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| Quote ="Khlav Kalash"No it will be nil for the reasons previously mentioned.'"
Are you referring to the sale of Odsal to the RFL?
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| Quote ="JINJER"Be very careful here, if I remember rightly all the teams in the "championship" gave us a certain amount of money to help us try and to survive, something we should always appreciate.'"
My comment was specifically about a share of the SKY money for SL clubs, so how we managed to cover the shortfall is a different matter. Of course, if the other NFP teams assisted us then they have my gratitude.
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| Quote ="Bully_Boxer"Are you referring to the sale of Odsal to the RFL?'"
The sale of the lease yes. Do you reckon Bradford would've got anywhere near that amount if they sold it to anyone else?
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| Quote ="Khlav Kalash"The sale of the lease yes. Do you reckon Bradford would've got anywhere near that amount if they sold it to anyone else?'"
I haven't the foggiest, I don't have any experience of stadia valuation. Do you?
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| Quote ="Bully_Boxer"I haven't the foggiest, I don't have any experience of stadia valuation. Do you?'"
Well it's not really of much use to any else. No change as far as the Bulls are concerned, they're still tenants with sympathetic landlords so it was money for nothing in reality.
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| Quote ="financialtimes"1.2m wasn't the amount shared out, it was half that and then shared between 13 clubs so that using my calculator makes a difference in central funding of a little over £46k HTH
'"
It was still shameful. That money should have gone to either grass roots RL or to the international game, not to the fellow SL clubs. It's a form of cannibalism!
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| Quote ="TRB"It was still shameful. That money should have gone to either grass roots RL or to the international game, not to the fellow SL clubs. It's a form of cannibalism!'"
I think it came not long after the cuts to grassroots after we saw a reduction in funding from Sport England. Ok the 600k was probably a drop in the ocean in comparison but it could have done some use and probably saved some jobs.
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| Quote ="Bully_Boxer"So we're looking at around 1.3M difference in funding.'"
No we're talking about circa £646k shortfall in relation to your initial comment claiming a 1.2m difference in central funding
Quote ="Bully_Boxer"And I don't think it's really too wise making clever comments about our ability to fulfil fixtures given your own recent financial troubles, do you?'"
I think you'll find we took corrective measures as a club to ensure our continued existence in the top flight whilst your team employed the "ostrich" tactics, no a clever comment at, more an observation of what is happening
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| Quote ="Bully_Boxer"I think it came not long after the cuts to grassroots after we saw a reduction in funding from Sport England. Ok the 600k was probably a drop in the ocean in comparison but it could have done some use and probably saved some jobs.'"
Didn't Nigel Wood also give himself a raise at about the same time?
The NFP clubs rallied around and gave Wakefield approx £230K which if I remember correctly equated to around 30% of the central funding received by the other SL clubs
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| Quote ="Khlav Kalash"Well it's not really of much use to any else. No change as far as the Bulls are concerned, they're still tenants with sympathetic landlords so it was money for nothing in reality.'"
Well the RFL reckoned they bought it for market value at the time so I'll have to take their word for it unless somebody with experience in such deals can prove otherwise? The Bulls certainly weren't the first club to have their stadium bought by the RFL.
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