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with bradfords ongoing financial troubles and possibilities of releasing players ,do they have anyone we could be interested in ?

stevo38 wrote:with bradfords ongoing financial troubles and possibilities of releasing players ,do they have anyone we could be interested in ?

I think we as a club would prefer to avoid the 'grave robber' epiphet on top of all the other names we get called!

they would do it to us ,and no other super league club will show sympathy if they want anyone

Kittwazzer wrote:

stevo38 wrote:with bradfords ongoing financial troubles and possibilities of releasing players ,do they have anyone we could be interested in ?

I think we as a club would prefer to avoid the 'grave robber' epiphet on top of all the other names we get called!

We had three players and their coach from Crusaders at the end of their tenure in super league, so I wouldnt think any name calling would bother us if we wanted any Bradford players

Pirate Pete

BRADFORD FACE ADMINISTRATION

The threat of administration hangs over Bradford today after their financial crisis took a new twist.

The beleaguered Bulls are once more facing a race against time to secure their future after being hit by a winding-up order from HM Revenue & Customs.

Insolvency firm The P&A Partnership, who were brought in last month to conduct a review of the club's finances, say the loss-making Super League club have just two weeks to find fresh investment.

Brendan Guilfoyle, of The P&A Partnership, confirmed that, despite fans recently raising £500,000 to keep the club afloat, Bradford still need more than £1million to survive to the end of the season.

He said: "HMRC is threatening to wind up Bradford Bulls Holdings Ltd and, under these circumstances, the directors have had no alternative but to file a notice of intention to appoint administrators to protect the club.

"This pro-active decision gives the club a breathing space to find partners to invest in the club.

"It doesn't mean that the club will necessarily enter administration. The club has two weeks to find additional funds - this may mean a number of investors coming together to save the club."

Bradford recently underwent a boardroom re-shuffle, with Stephen Coulby and Rowland Agar rejoining the club following the resignations of chairman Peter Hood and co-director Andrew Bennett, and Coulby said the club remained determined to avoid entering administration.

If administrators are appointed, the Bulls would almost certainly be docked league points - Wakefield and Crusaders each lost four points last season - which would effectively kill off their play-off hopes.

Worse still, it would leave the club prone to predatory moves for their leading players, with rival Super League clubs already poised with offers for the likes of John Bateman, Elliott Whitehead and Jason Crookes.

http://www.sportinglife.com/rugbyleague ... ml&BID=480

BRADFORD BULLS STATEMENT

Bradford Bulls compelled to file notice of intention to appoint an administrator...but still intent on avoiding administration

The business turnaround and insolvency firm The P&A Partnership have confirmed that they have now completed their review of Bradford Bulls' finances at the request of the club's recently reconstituted Board of Directors following the resignations of Peter Hood and Andrew Bennett last month. Prior to resigning the former directors had stated that £1m was needed to save the club and went on to raise a figure approaching £500,000 of this sum following a plea for donations from the club's supporters.

Brendan Guilfoyle of The P&A Partnership said "The club’s new directors asked my firm to carry out a review of the club’s finances, and the reality is that this is a loss making business. Despite the magnificent effort of supporters in raising £500,000 the club still requires more than £1m to complete the season.”

HMRC is threatening to wind up Bradford Bulls Holdings Ltd and under these circumstances the directors had no alternative but to file on June 12 a notice of intention to appoint administrators to protect the club. This proactive decision gives the club a breathing space to find additional partners to invest in the club. It doesn’t mean that the club will necessarily enter administration but it now has two weeks to find additional funds – this may mean a number of investors coming together to save the club.

Bulls' director Stephen Coulby said, "Unfortunately, developments last Friday and pressure from HMRC has meant that we have had to seek protection whilst positive talks with investors continue now that we have ascertained the full extent of the club's debts. Had the actual position been as we were initially led to believe it to be, that is to say a requirement for a £1m investment into the business, half of which having already been raised through the sterling efforts of supporters, the present uncertainty would have been resolved by now. Regrettably, other matters have recently been brought to our attention which have widened the funding gap, but we are still intent on avoiding administration and its consequences if at all possible."

“Bradford Bulls remains a terrific club with a marvellous history, an iconic brand and has a great deal to offer any partner wanting real value for their investment."

http://www.bradfordbulls.co.uk/news/593 ... STATEMENT?

What about Luke Gale? I think I'd rather have him than Chase

I wopuld have sammut. There is only one issue...every club he goes to ends up in administration.

Tom Burgess