For those people who don't buy or read the LE last week Stevo in his column made some comment about our finances
Quote:Stevo wrote " There are strong rumours that the Bulls are in financial difficulty and are struggling to keep afloat".
This week Peter Hood has made a response
Quote:Peter Hood wrote"None of these rumours have reached my ears, and perhaps Mr Stephenson might like to give me a call and reveal his sources," said Hood
"There are very few clubs in Super League that operate at a profit, and there very few with net assets in their balance sheet. But Bradford is one of those few clubs.
"We have no mortgages,we have paid for the Coral Stand, we occupy our ground on what are essentially freehold terms, and so his sources are plain wrong. That is not to say we are rolling in money; we are not. We don't have a sugar daddy. unlike some clubs, but we are not in financial strife.
"I would be delighted if Stevo would give me a call clarify the situation, ans I will gladly let him know what the true facts are."
