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| Tonight WILL BE our last game. There will be no last minute buy out. We will not fulfill our fixtures.
I will be at Wigan tonight and the best i hope for after that is a place in CC1 next year if we are lucky.
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| Quote ="hi de hi"Tonight WILL BE our last game. There will be no last minute buy out. We will not fulfill our fixtures.
I will be at Wigan tonight and the best i hope for after that is a place in CC1 next year if we are lucky.'"
I hope that you are wrong mate.
Even though the pages on the Wakey forum can come accross as being bitter, we know how it feels and that is something that you just dont wish on anyone else.
Equally, the RFL have said that they will "underwrite" your remaining fixtures this season, which hopefully will give some time to find a positive future.
Good luck !
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| I'm glad Wakey made it through their troubles.
I think the thing holding back Bradford is the City of Bradford. All the decent people who can afford to are leaving, i only go back for the rugby. If the Bulls go they might as well turn the lights out.
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| Quote ="hi de hi"I'm glad Wakey made it through their troubles.
I think the thing holding back Bradford is the City of Bradford. All the decent people who can afford to are leaving, i only go back for the rugby. If the Bulls go they might as well turn the lights out.'"
Tough times mate and as just said, I'm not impressed how we were treated compared to Bradford but that isn't Bradford's fault and I hope they sort it out.
I like my trip to Odsal, have some great memories there.
I do think though that the club/fans need to accept that the business needs sorting more than the team. There are too many worrying about losing a player or dropping points rather than getting a sustainable business. It would not hurt Bradford in the long run to lose say Bateman and Elima as examples. They will be replaced quickly at some level or other. If it means you are now a fringe top 8 rather than a top 4 guarentee, at least there is a team in Super league.
Good luck to you mate
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| Quote ="hi de hi"Tonight WILL BE our last game. There will be no last minute buy out. We will not fulfill our fixtures.
I will be at Wigan tonight and the best i hope for after that is a place in CC1 next year if we are lucky.'"
I also hope you are wrong but I spent most of last season thinking that was the end for Wakey; so keep the faith (and we know how hard that can be).
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| They have to cut their cloth as we had to. We've seen some utterly terrible players at Belle Vue, far from SL standard, because we couldn't afford to pay for better. It's tough, but they have to realise that they can;t go bust and win trophies the next season.
(And tonight will not be their last game, I'm sick of the emotional crap we're having to sit through.)
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| Quote ="hi de hi"Tonight WILL BE our last game. There will be no last minute buy out. We will not fulfill our fixtures.
I will be at Wigan tonight and the best i hope for after that is a place in CC1 next year if we are lucky.'"
Wrong. The RFL have said a Newco can fulfil the rest of the fixtures, so someone just needs to set up a newco, employ some of the players, and fulfil the fixtures. The RFL at the end of the year will not demote them, because the newco will be doing very will, and the RFL are encouraged by what they see.
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| does anyone know how long into admin before the administrators starting selling our players?
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| Quote ="supercat"does anyone know how long into admin before the administrators starting selling our players?'" not sure but I don't think we had a date for liquidation as do the Bulls
tonight the shop window was on view as the score at wigan
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| Something doesn't add up surely the admin team now should be looking at offloading as many players for as much as possible now.
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| Quote ="supercat"Something doesn't add up surely the admin team now should be looking at offloading as many players for as much as possible now.'"
Doesn't that depend on what the business plan of the new Bulls is?
Either pay a fee to bring them out of admin, and pay more if they keep the best players, or else form the new company and take on the best players.
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| Quote ="Slugger McBatt"Doesn't that depend on what the business plan of the new Bulls is?
Either pay a fee to bring them out of admin, and pay more if they keep the best players, or else form the new company and take on the best players.'"
that can only work if there is someone with a intention to make a bid
now do the RFL have to vet the bidders as when we was in admin?
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| Sadler has reported that a consortium wants to take over. Run properly, it's a viable club, if you charge people the going rate to watch them!
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| Quote ="Slugger McBatt"Sadler has reported that a consortium wants to take over. Run properly, it's a viable club, if you charge people the going rate to watch them!'"
now here's the problem ' the going rate '
how many of our fans will renew next year when the price goes up
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| Quote ="snowie"now here's the problem ' the going rate '
how many of our fans will renew next year when the price goes up
'"
Shove price to £125. Will still do better with 4,000 season ticket holders and 8,000 crowds at that rate.
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| Quote ="Slugger McBatt"Shove price to £125. Will still do better with 4,000 season ticket holders and 8,000 crowds at that rate.'"
Thats under value-ing the product. I think £20 is too much to pay on the gate at any SL club. £15 is about right IMO. £15 times 13 games = £195. Thats what we should all be aiming for right across the board and maybe £150 for championship clubs.
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| Quote ="supercat"Something doesn't add up surely the admin team now should be looking at offloading as many players for as much as possible now.'"
They will only offload if they need cash to cover the running costs while they are administrators.
Their purpose is to run the business whilst a buyer can be found.
This usually means keeping all key personell employed whilst ever possible as they have to leave enough of the business in tact to encourage someone to buy the business.
If it moves to a liquidation then everything gets sold.
Bearing in mind the only have 10 days, next week will see the picture become much clearer.
Great win for them last night though.
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| Quote ="supercat"Something doesn't add up surely the admin team now should be looking at offloading as many players for as much as possible now.'"
It may be futile given how much they need (£1.2m) and they're certainly not going to get that through a fire-sale of players, most of which are off-contract at season's end and will be free agents if it goes into liquidation.
That's why there is seemingly a priority for an investor to come forward.
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| Quote ="Tigerade"Thats under value-ing the product. I think £20 is too much to pay on the gate at any SL club. £15 is about right IMO. £15 times 13 games = £195. Thats what we should all be aiming for right across the board and maybe £150 for championship clubs.'"
Think you are right on the £15 entry, although you've got to give at least three free games to make people buy.
This year, we sold 4,000 season tickets. Not sure how many were juniors and concessions, but lets say half. That's £200,000. Plus maybe £100,00 from the other concessions. Through the gate, there are 4,000 paying. Probably more like 3,000 adults at £20 and 1,000 concessions. That's £70,000 through the gate, and times 13 = £910,000, plus £300,000 from season tickets, making £1,100,000. That is already nearly double what the Bulls were making from season ticket sales, and I suspect they aren't doubling the "through the gate" receipts.
Just bad business decisions.
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| I can't see how BB can see out the season without financial help from the RFL
As there's a little over 2months of the regular season left
The Bulls wages bill alone is 200K per month
I can't see any other SL team willing to pay a large transfer fee for any player when the may become free agents, any player snapped up from the administrator will go for a pittance as happened with a couple of our own players
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| Quote ="Micka"I can't see how BB can see out the season without financial help from the RFL
As there's a little over 2months of the regular season left
The Bulls wages bill alone is 200K per month
I can't see any other SL team willing to pay a large transfer fee for any player when the may become free agents, any player snapped up from the administrator will go for a pittance as happened with a couple of our own players'"
I think the priority will be to cut the wage bill by 'off loading' players and any fee they can get will be a bonus. The trouble is many clubs are seemingly already spending up to the cap or can't afford to increase their salary spend.
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| Quote ="PHe"I think the priority will be to cut the wage bill by 'off loading' players and any fee they can get will be a bonus. The trouble is many clubs are seemingly already spending up to the cap or can't afford to increase their salary spend.'"
There's a simple way of paying a transfer fee and loaning him back to Bradford until the end of the season and letting them pay the wages.
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| Quote ="PHe"I think the priority will be to cut the wage bill by 'off loading' players and any fee they can get will be a bonus. The trouble is many clubs are seemingly already spending up to the cap or can't afford to increase their salary spend.'"
And off field staff, as sad as it is they still have a huge wages bill for this side of the club.
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| Looking on companycheck.co.uk there are some much bigger debts recorded than the Bulls, the negative net value of Hudds is staggering!!!!
I can't claim to understand it all but there's lots of minus figures and even more zero's at most clubs as far as I can fathom.
Still SL, sparkling success!!!!!
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| Quote ="kinleycat"Looking on companycheck.co.uk there are some much bigger debts recorded than the Bulls, the negative net value of Hudds is staggering!!!! I can't claim to understand it all but there's lots of minus figures and even more zero's at most clubs as far as I can fathom. Still SL, sparkling success!!!!!'"
Look at London rugby league club
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