Bradford Enter Administration
Re: Bradford Enter Administration
They want the ground in case Bradford go tits up. Then they can build a mosque
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ancientnloyal
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Re: Bradford Enter Administration
Super league europe have put in a bid!
http://www.wiganwarriorsfans.com/wigan/ ... c&o=805380
http://www.wiganwarriorsfans.com/wigan/ ... c&o=805380
https://www.ancientandloyal.com/
James Slevin
Ces Mountford
And the “kind of rugby player you’d want to be in your dreams” James Leytham
Should be in the Wigan Warriors Hall
Of Fame
James Slevin
Ces Mountford
And the “kind of rugby player you’d want to be in your dreams” James Leytham
Should be in the Wigan Warriors Hall
Of Fame
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jolleymike
- Posts: 246
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Re: Bradford Enter Administration
its on the BBC website that Super league Europe Ltd have tabled a bid to buy Bradford from the administrator, details to follow!
If this is confirmed how can this be fair the RFL owning a club that they administrate under their league?
Why did they not support wakefield or other clubs this way, something stinks to high heaven about all this saga
If this is confirmed how can this be fair the RFL owning a club that they administrate under their league?
Why did they not support wakefield or other clubs this way, something stinks to high heaven about all this saga
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jolleymike
- Posts: 246
- Joined: Sat Oct 06, 2007 12:50 am
Re: Bradford Enter Administration
from the Sportinglife web site
The offer to buy the Bulls has been submitted to the administrator by Super League chief executive Nigel Wood on behalf of the other 13 clubs.
Wood said: "This saga has gone on for far too long and we are of the view that direct positive action is required to safeguard the future of Bradford Bulls.
"Under the ownership of SLE, we can plot a course for Bradford Bulls which is in the best interests of the club, the competition and the wider game."
Wood added: "If our offer is accepted, SLE will welcome approaches from all interested parties who have an interest in helping us secure a bright future for professional rugby league in Bradford."
Today's startling development was immediately welcomed by Brendan Guilfoyle, partner at The P&A Partnership who has been running the financially-stricken club since it went into administration on June 26.
"It was totally unexpected and is completely unprecedented, but a brilliant development," said Guilfoyle, the joint administrator.
"If the deal goes ahead, then the Bradford Bulls will become the first club ever to be owned by the Super League clubs themselves."
Guilfoyle added that the administrators are considering the offer today and will be working closely with SLE and the Rugby Football League to reach a speedy conclusion.
The governing body, the Rugby Football League, already effectively own Odsal Stadium having bought the lease from Bradford for £1.25million earlier this year.
Super League officials are meeting the Bulls players, coaches and club staff this afternoon to update them on developments and say further details of how Bradford would operate under SLE ownership will be announced in due course.
The offer to buy the Bulls has been submitted to the administrator by Super League chief executive Nigel Wood on behalf of the other 13 clubs.
Wood said: "This saga has gone on for far too long and we are of the view that direct positive action is required to safeguard the future of Bradford Bulls.
"Under the ownership of SLE, we can plot a course for Bradford Bulls which is in the best interests of the club, the competition and the wider game."
Wood added: "If our offer is accepted, SLE will welcome approaches from all interested parties who have an interest in helping us secure a bright future for professional rugby league in Bradford."
Today's startling development was immediately welcomed by Brendan Guilfoyle, partner at The P&A Partnership who has been running the financially-stricken club since it went into administration on June 26.
"It was totally unexpected and is completely unprecedented, but a brilliant development," said Guilfoyle, the joint administrator.
"If the deal goes ahead, then the Bradford Bulls will become the first club ever to be owned by the Super League clubs themselves."
Guilfoyle added that the administrators are considering the offer today and will be working closely with SLE and the Rugby Football League to reach a speedy conclusion.
The governing body, the Rugby Football League, already effectively own Odsal Stadium having bought the lease from Bradford for £1.25million earlier this year.
Super League officials are meeting the Bulls players, coaches and club staff this afternoon to update them on developments and say further details of how Bradford would operate under SLE ownership will be announced in due course.
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Kittwazzer
- Posts: 11307
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Re: Bradford Enter Administration
Something doesn't feel right about this. I wondered what they were up to when they called a meeting of the other 13! 
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jolleymike
- Posts: 246
- Joined: Sat Oct 06, 2007 12:50 am
Re: Bradford Enter Administration
whilst i dont want to see any club leave super league without due diligence, if they are bust they are bust and haven't got their house in order to manage the club effectively, what kind of signal does this say to the supporters from other clubs who went in to administration IE Widnes and Wakefield were was Super league europe then!!!!!!! are Bradford more important than they where.
Would they have done the same for the warriors if DW or IL hadnt come to our aid.
Would they have done the same for the warriors if DW or IL hadnt come to our aid.
Re: Bradford Enter Administration
I bet this new bid gets a guarantee that the bulls will stay in SL and that they get to own the ground.
Wonder what the problem was with the other offer?? It may have been that they did have plans for the Odsal that weren't in RL's best interest.
Wonder what the problem was with the other offer?? It may have been that they did have plans for the Odsal that weren't in RL's best interest.
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THE 18th Man
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Re: Bradford Enter Administration
so all the other 13 clubs are putting money in to keep Bradford going. what about the clubs and there are alot that dont have that money. it might turn into a good idea to help them become stable but what happens if the clubs still own them in a years time and have no buyer. there's so much being hidden here and involving the rest of the clubs could be very dangerous
Re: Bradford Enter Administration
Sets a precedent of joint ownership of clubs. The only true franchise scheme is one where all clubs pool their income and redistribute to a formula. The competition lives and dies, not the clubs. Is this the start of a joint ownership push to move the Super League to an NFL style revenue sharing model?
In terms of putting money in - i guess Bradford would run quite happily at break even once it is freed from its historic liabilities. Going into administration and being sold has essentially done that, so the new owners start with a clean slate. With the bradford crowd sizes a super league standard club should be more than viable.
In terms of putting money in - i guess Bradford would run quite happily at break even once it is freed from its historic liabilities. Going into administration and being sold has essentially done that, so the new owners start with a clean slate. With the bradford crowd sizes a super league standard club should be more than viable.
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THE 18th Man
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Re: Bradford Enter Administration
i dont watch or know much about NFL so would the system you mentioned work Mike and how would it work