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Bradford Bulls - Change of Ownership (Merged Threads)


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36 replies to this topic

#1 gingerjon

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Posted 21 February 2014 - 11:37 AM

Nothing to see, move along now, ownership confirmed


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#2 Lorro

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Posted 21 February 2014 - 11:42 AM

If we can avoid the drop, and with our full allocation of funding next season, the Bulls may have a bright future.

#3 Darren Hill

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Posted 21 February 2014 - 12:28 PM

Points deduction for entering administration??????????


Edited by Darren Hill, 21 February 2014 - 12:28 PM.

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#4 Oxford

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Posted 21 February 2014 - 12:34 PM

I really hope it is sorted good luck Bulls fans!



#5 brooza

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Posted 21 February 2014 - 12:49 PM

Points deduction for entering administration??????????

Aye, they went into administration on 31/01, so should get a points deduction.

 

I think the number of points depends on how much of their debts they will be paying back


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#6 Loiner

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Posted 21 February 2014 - 04:10 PM


What are the rfl waiting for in relation to the possible points deduction to the Bradford Bulls? Surely there is nothing to ponder a benchmark has already been set in Wakefield & Widnes & the Crusaders in previous years? Is there an ulterior motive here to keep the bulls up?

#7 GeordieSaint

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Posted 21 February 2014 - 04:28 PM

Hetherington and McManus haven't told the RFL want they can/should do yet... :ph34r:


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#8 willy

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Posted 21 February 2014 - 04:43 PM

And Lenaghan is in Australia :ph34r:

 

Seriously its a bit much but then the ownership and take over has only just been sorted so its seems to have been lets wait until we know who to talk to and admonish rather than any latent RFL napping



#9 John Drake

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Posted 21 February 2014 - 05:02 PM

CLUB STATEMENT

 

BRADFORD BULLS officials have today moved to clarify the club's current position, regarding its ownership.
Leeds-based administrator David Wilson last night accepted an offer from Bradford Bulls 2014 Ltd, who took initial control of the club after its former holding company, OK Bulls Ltd, entered administration last month.
Representatives of Bradford Bulls 2014 Ltd, including chairman Mark Moore, financial director Andrew Calvert, managing director Ian Watt and chief executive Robbie Hunter-Paul, are to now seek ratification and approval from the sport's governing body in a bid to continue to operate the club in the First Utility Super League.
Bradford Bulls officials will next week present business plans and strategies to the Rugby Football League, outlining the future direction of the club.
Bradford Bulls 2014 Ltd secured a 28-day First Utility Super League licence following last month's announcement, concerning OK Bulls Ltd.
The month-long period allowed time for other interested parties to table offers for the ownership of the club.
And, after careful deliberation, the offer from Bradford Bulls 2014 Ltd has been accepted by administrator Mr Wilson, of DFW Associates – as the strongest.
Chief executive Robbie Hunter-Paul said: "We are delighted that our offer has been accepted by David Wilson and are now approaching the final stages in the change of ownership of Bradford Bulls.
"The position of the board of directors of Bradford Bulls 2014 Ltd has always been to be open with supporters and stakeholders and that is why we are making an effort to update everyone concerned with precise and accurate information.
"The RFL's board of directors must now take a view on our offer, our plans for the future and the way in which we intend to work with creditors going forward.
"Despite recent reports, the ownership of the club now has to be approved by the governing body.
"There are right and proper protocols to follow and a due process which is still to take place.
"But we are extremely confident that we will receive ratification in the near future, handing us the right to operate in the sport's top flight.
"The first step was to offer the best deal for the club – and we have done that. The next is to get the nod from the RFL.
"We hope our supporters can appreciate the hard work that is going on here at The Provident Stadium, across all departments, to ensure a successful future for the Bulls.
"We believe we are close to a conclusion on the matter of ownership. That in itself is hugely pleasing.
"It was great to see the boys pull off such a vital victory last night. They gave it everything and got what they deserved.
"My message, to the fans, is it continue their fantastic support. We will take this club back to where it belongs."


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#10 longboard

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Posted 21 February 2014 - 05:22 PM

What are the rfl waiting for in relation to the possible points deduction to the Bradford Bulls? Surely there is nothing to ponder a benchmark has already been set in Wakefield & Widnes & the Crusaders in previous years? Is there an ulterior motive here to keep the bulls up?

 

Perhaps they want to make sure the ship is sold rather than sinking it.


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#11 sgt pepper

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Posted 21 February 2014 - 09:01 PM

Let's hope its good news. Super league needs a strong Bradford

#12 Loiner

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Posted 22 February 2014 - 10:25 AM

Let's hope its good news. Super league needs a strong Bradford

Why? What's wrong with Sheffield, Fev, Leigh etc

#13 sgt pepper

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Posted 22 February 2014 - 11:43 AM

Why? What's wrong with Sheffield, Fev, Leigh etc

nothing provided they get there on merit.I can't see that a club the size of Bradford and with its potential dropping out of super league would be good for the competition despite its recent problems

#14 Johnoco

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Posted 22 February 2014 - 12:09 PM

What are the rfl waiting for in relation to the possible points deduction to the Bradford Bulls? Surely there is nothing to ponder a benchmark has already been set in Wakefield & Widnes & the Crusaders in previous years? Is there an ulterior motive here to keep the bulls up?

I assume you missed the bit where Bradford actually got deducted more points than those teams? And got punished much more heavily financially? No?

#15 The Future is League

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Posted 22 February 2014 - 12:11 PM

What are the rfl waiting for in relation to the possible points deduction to the Bradford Bulls? Surely there is nothing to ponder a benchmark has already been set in Wakefield & Widnes & the Crusaders in previous years? Is there an ulterior motive here to keep the bulls up?

Bradford will not get relegated. The RFL will make sure of that in my opinion.



#16 Johnoco

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Posted 22 February 2014 - 12:27 PM

Bradford will not get relegated. The RFL will make sure of that in my opinion.

Utter cobblers. The Bulls are up against it and if they do stay up (note if) it will be down to them and nothing else. Save your conspiracy theories for David Icke.

#17 The Future is League

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Posted 22 February 2014 - 12:38 PM

Utter cobblers. The Bulls are up against it and if they do stay up (note if) it will be down to them and nothing else. Save your conspiracy theories for David Icke.

We will see.



#18 Johnoco

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Posted 22 February 2014 - 12:41 PM

We will see.

You have already declared it a fix so they can't win can they?

#19 GeordieSaint

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Posted 22 February 2014 - 12:54 PM

Good luck to Bradford this season... hope the club can improve its off field set up otherwise they'll be doomed to continue the vicious circle they are in.


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#20 Les Tonks Sidestep

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Posted 22 February 2014 - 01:59 PM

I assume you missed the bit where Bradford actually got deducted more points than those teams? And got punished much more heavily financially? No?

 

They were NOT punished financially. The reduction in TV money was at their suggestion.

 

On another note, what if the RFL fail to approve the 'plan' ? After all the ones for the last 2 years haven't been a stunning success.






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