I understand what you are saying, but it could be what they have to do in 2 weeks time with no way back, big gamble by the board who I consider have been totally incompetent.

^^^^^^
Ditto this.

The difference between Bradford and Hull FC, is Person.

I would hate to think where we would have been had Person not stepped in.

We would have been faced with a big tax bill and other mounting debts, and a continued dwindling number of supporters along with very little assets.
I recon if we had not had Person come in, then within 12 months or so we would have been Bradford II

Quite possibly given the tax bill. There must be plenty of clubs on the brink and pending outcomes of tax test cases this could push some over the edge potentially.

There is now way that the Bulls will vanish and or leave super league, it would be a disaster to the whole sport. When the RFL took over the Bulls lease on Odsal they virtually signed upto protecting them, because with the Bulls Odsal is virtually worthless. Couple that with the imense media frenzy that would result in with a SL club of the Bulls status vanishing, its not going to happen.

Clearly there have been some bad decisions taken along the road to today's announcement. Clearly they have been spending more then have been getting in for a long time, the Harris affair took its toll and too many seasons finishing outside the top eight has hammered the point home. I see on there website they have an offer seven matches for £70 and £55 for concessions from a list of graded matches. For a club going into financial meltdown this must be suicide added to there season passes at give away prices.

The Bulls board where very shrewd handing the lease of Odsal to the RFL in payment for money owed and I would like to know why the RFL agreed to take on the lease. They must have some idea of the financial state of the club and the resulting problem if the club went pete tonge.

I feel for the Bulls supporters and its must be worrying for all concerned, but they will be ok but we must work harder to stop this happening. We may have to look at perhaps reducing the league numbers and ensure that clubs are fully funded.

Other clubs are looking vunerable and if the Bulls get through this and I think they will others will follow a similar path.

That is the danger for the sport a raft of clubs with little money, the bulls will be OK due to the steps they took to wrap the RFL around them.

OTHERS WILL NOT BE

That’s the frightening thing.

We may be heading towards having the best team since the 80’s, and no one to play with.

Its frightening to think where HullFC would be without Pearson's takeover.

I reckon we'd have limped on for another couple of years, playing to dwindling gates before the serious problems started.

I can only imagine how bad our pass sales this year would have been had Agar been retained and if the drugs scandal had broken with those involved still at the club!

Bradford would be a massive loss to Super League, and I have sympathy for the fans, but you can't deny how bad some of their decisions have been.

Agreed, is a right hole

is there enough money in the game in these tough times to sustain 14 full time squads?

why not call eddie stobart tell him there could be some ex players looking for a driving job

Except that part of the reason the Bulls are in trouble is that the RFL called in a loan made to them in January 2011. The Bulls were not expecting to repay it in full so quickly. Odd way to protect them.


Or very stupid. Y'see, the reason why their bank withdrew their credit facility (overdraft) and precipitated this crisis is that it was secured against the lease and the Bulls now have no lease and nothing else against which to secure credit. They may be nearly debt free but they have no actual money to operate the club.

It's like landing on Regent St with 4 houses and you only have £200,00 in your hands but plenty of your own houses BUT on the pinks !

Sure Bulls will survive ...........somehow.

The sport needs 14 teams - Bradford can support one, where else could ?

One of the press releases talked about almost non existent advertising & sponsorship - clear sign of just how deep this recession is biting. Fans on a shoestring too so just less money to go round.

Suspect some financial re-structuring, RFL support, Couple of player sales etc will tide them over till a new owner/investor moves in.

And yes I would buy one of their 'young guns' - just to help them out of course.

In Adam we trust !!!!!!!!!!!!

Firstly, I feel sorry for the Bradford fans. Everyone supports a team and their team is their team. We're all happy when things are going well and we're all sad when things don't go well.

I do not have any sympathy for the management of the club. Rugby League is a very simple business model.

Revenue is limited. There's the Sky money, gate receipts, sponsorship, transfer fees received, club shop sales, prize money and any club lottery.

Costs are relatively controllable. A salary cap controls the majority of these costs, other staff wages, ground costs, other operating costs, transfer fees paid, cost of merchandise and catering etc.

So basic business principles should apply and if revenue is greater than costs, then everything is fine. If revenues are down, then you reduce your costs accordingly. In sport, this should be done through the biggest cost, the players contracts. Pay should not be set as high and contract terms should be reduced when renewing contracts or signing new players.

I know all this is very business text book, but the failing is in the risk management. The main cause is being pointed to the signing of Harris. Closer to home, City's near miss with financial ruin was the contract awarded to Jimmy Bullard, 5 years @ £45k pw with no relegation clause. At the time of signing, it was 99% certain that City would face relegation in those five years and they would still be liable for his wages unless he was sold elsewhere age/injuries permitting. A player can demand any contract, but it doesn't mean they should awarded it.

What is happening at Bradford, is happening all over the place, Rangers, Port Vale and Portsmouth and it's been happening for years, see City's receivership in 1982.

I work in Business Development and I have to vet every piece of business I ever win ahead of the contract being signed. Basic things like, is the customer credit worthy; can they pay their bills; have I included all the costs of the service; what happens if volumes change; currency/fuel fluctuations; do we make a profit on the contract; is their any other risk during the contract period?

So when clubs continually fall into this trap, especially after receiving unprecidented TV money, I have little sympathy, except for in part, the fans, who may have demanded on occasion, for the Board to get it's cheque book out!

You have to cut your cloth accordingly. If you follow the dream, then be aware that some dreams turn into are nightmares.

If Hull were in the same position, I'd feel the same. I also support City and was not impressed with our self inflicted, post Premiership plight.

I hope Bradford survive, but they are going to have to find some cash from somewhere soon (their owner does seem a bit vague on whether its £500k or £1m, so it could be a bit or scarmongering going on). If Hull sign any of their players to provide Bradford with some revenue, well that's all good, just as long as the contract is right for Hull and we don't over expose ourselves.

oh my word, this is desperate times www.superleaguefans.com/bradford ... clash.html

oh my word, this is desperate times www.superleaguefans.com/bradford ... clash.html

Quote ="berro's best mate"oh my word, this is desperate times www.superleaguefans.com/bradford ... clash.html'" you can also get a virtual pint to throw in the air when your team win and a vitual burger if peckish

Quote ="berro's best mate"oh my word, this is desperate times www.superleaguefans.com/bradford ... clash.html'" you can also get a virtual pint to throw in the air when your team win and a vitual burger if peckish

Twitchy bum ole time, obviously getting offers for some of their players: www1.skysports.com/rugby-league/ ... 6/7633660/

Twitchy bum ole time, obviously getting offers for some of their players: www1.skysports.com/rugby-league/ ... 6/7633660/

Quote ="berro's best mate"oh my word, this is desperate times www.superleaguefans.com/bradford ... clash.html'" Sorry but that is an insult, even the wording is poor " At a cost of just £20" JUST! To many fans they just don't have an extra £20. They also ensure to mention that this virtual ticket does NOT get you entry..WTF? If they had pitched it at £10 I think it would have been better. They won't get the money needed in time without help from the RFL, they're totally up creek. They've been spending like a big club long after their success but have continued to underachieve and with their dwindling fan base (much more than ours was) & clear mismanagement it shouldn't come as a surprise really. I reckon the running costs of Odsal were/are pretty steep too, I heard that Knowsley road was around £400k+ a year so would be similar for Odsal I'd think.

Quote ="berro's best mate"oh my word, this is desperate times www.superleaguefans.com/bradford ... clash.html'" Sorry but that is an insult, even the wording is poor " At a cost of just £20" JUST! To many fans they just don't have an extra £20. They also ensure to mention that this virtual ticket does NOT get you entry..WTF? If they had pitched it at £10 I think it would have been better. They won't get the money needed in time without help from the RFL, they're totally up creek. They've been spending like a big club long after their success but have continued to underachieve and with their dwindling fan base (much more than ours was) & clear mismanagement it shouldn't come as a surprise really. I reckon the running costs of Odsal were/are pretty steep too, I heard that Knowsley road was around £400k+ a year so would be similar for Odsal I'd think.

the whole thing is a scandle....... imagiine if a mere mortal owed the banks money and you was begging in the street to save your house etc, youd be nicked for being a begger, bradfords board wont be getting a single penny from me thats a fact

Makes the super league kicking a cash offer from betfair in order to take up the stobart free deal all the more incredible, throw in the carnegie challenge cup were again therres no cash on the table its quite laughable, in this current climate its a joke to seell both competitions for nothing tbh

Daniel Holdsworth :
THOUGHTS???? hull fc should change there home game to bradford this week??? #helpsavebradfordbulls

Get lost!

Exactly, why should we as a club plus the fans incur additional financial costs just to put a few quid into the pot when there's still no guarantee that we'd get a return fixture later in the season never mind the ethics & logistics behind it.
Bradford has a 300,000+ population, if all the adults chipped in £1 that would be around 1/6 of the £1M required. Have they thought of asking the locals if they give a flying one whether the club stays or goes.. seeing their plight I recken most would say they don't care.

Was on Boots n All that Peacock, Fielden, & Brian McDermott have all pledged money, with McDermott also offering to auction his winners medal and final shirt with proceeds to go in the pot. Good show from a few old boys, wonder how much Harris is going to chip in?

Quote ="berro's best mate"oh my word, this is desperate times www.superleaguefans.com/bradford ... clash.html'" How totally embarrassing for them, those in charge over there should fall on their sword's if they have an ounce of dignity between them.

Quote ="berro's best mate"oh my word, this is desperate times www.superleaguefans.com/bradford ... clash.html'" How totally embarrassing for them, those in charge over there should fall on their sword's if they have an ounce of dignity between them.

If you'd bother to do your research the main reason they've done that is ST holders (like myself) have been saying we'll pay in instead. Doing it this way means they can track the money, and if they are going for a sell out they'll be able to let more in as you have to account for season ticket holders due to H&S.

Very good show, but are they throwing good money after bad? I'd want some sort of assurance from the numpties in charge before I gave up a memento like McDermott is