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| Quote nestegg="nestegg"As you will realise many so called Bulls fans on this sub-forum are just serial moaners and cynics,'"
That's a tad unfair and you know it.
If we hadn't been phuqqed up the 4r5e serially, we'd not be serial cynics.......We've seen this all before, "we know whats wrong", "we'll live within our means", "we'll be honest" ad infinitum.
So you could be Jesus Christ himself and only the most optimistic are going to take any more than passing notice.
So far you've told us what we already know so people are going to ask you if you are going to shyit or are you gonna get off the pot?
I think your expectations are too high.
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| Quote Scarey71="Scarey71"That doesn't explain Thorne though...
The administrators preferred bid wasn't going to be accepted because Chalmers and Lowe and already been told prior to Christmas the club was theirs, it would be a rocky road to get it going but it was theirs.
Also when Lamb was knocked back because he couldn't produce £1m over the weekend? Again the choice of the Administrator.
Koukash actually goaded the RFL on twitter saying 'I can have a million in a suitcase on your desk on Monday, can I buy the club?'
Every time the RFL has made it clear they are not parting with the lease so what is there to buy?
They will not part with the lease. Why? Especially now their stated aim has failed.'"
Thing I dont get about the Lamb rejection was Damian Irvine has been tweeting saying they had the proof of the million they wanted to see. I can not se why he would lie which then again begs the question why were they rejected? Putting out the lack of funds if it was there was obviously a quick get out.
As per the above saying about Mandy K, I agree Gary Pettit was wanting to accept Thornes bid and took it to the RFL. This must have been the best bid for creditors. Yet the RFL let the club be liquidated to form a new from scratch company. They by rejecting an offer willing to work with creditors let the debt die and then expect the brand to carry on and not be toxic?
I still by what I said Thrne was willing to keep the squad we had in place together. That squad with the likes of Chizzy, Moss Burr etc in my opinion would have got to super league that year at the expense of KR
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| Quote thepimp007="thepimp007"Thing I dont get about the Lamb rejection was Damian Irvine has been tweeting saying they had the proof of the million they wanted to see. I can not se why he would lie which then again begs the question why were they rejected? Putting out the lack of funds if it was there was obviously a quick get out.
As per the above saying about Mandy K, I agree Gary Pettit was wanting to accept Thornes bid and took it to the RFL. This must have been the best bid for creditors. Yet the RFL let the club be liquidated to form a new from scratch company. They by rejecting an offer willing to work with creditors let the debt die and then expect the brand to carry on and not be toxic?
I still by what I said Thrne was willing to keep the squad we had in place together. That squad with the likes of Chizzy, Moss Burr etc in my opinion would have got to super league that year at the expense of KR'"
The squad had the ability to challenge KR. But even if Thorne took over would still have had the 12 point deduction so wouldn't of made top 4.
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| Quote bulls2487="bulls2487"The squad had the ability to challenge KR. But even if Thorne took over would still have had the 12 point deduction so wouldn't of made top 4.'"
The 12 pt deduction could have been reduced to 6 if Thorne had paid a significant proportion of creditors back which he was willing to do. That should have seen us into top 4 then we'd have had a decent shot.
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| Quote mat="mat"The 12 pt deduction could have been reduced to 6 if Thorne had paid a significant proportion of creditors back which he was willing to do. That should have seen us into top 4 then we'd have had a decent shot.'"
And don't forget that if Joynt had been penalised for the voluntary tackle we might have received winning prize money for the cup final and that might have made all the difference.
Damn you Chris Joynt.
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| Quote rugbyreddog="rugbyreddog"And don't forget that if Joynt had been penalised for the voluntary tackle we might have received winning prize money for the cup final and that might have made all the difference.
Damn you Chris Joynt.'"
Not sure we should be talking about that so soon afterwards. It's still pretty raw. Or perhaps we should have a separate topic on it?
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| Quote bulls2487="bulls2487"The squad had the ability to challenge KR. But even if Thorne took over would still have had the 12 point deduction so wouldn't of made top 4.'"
So how many poits did we get deducted by goinginto admin in SL when bought out of admin? I am oetty sure it would have been similar had we not liquidated.
That squad would have made top im sure with a 6 point deduction
Bit of a naive comment really
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| Quote mat="mat"The 12 pt deduction could have been reduced to 6 if Thorne had paid a significant proportion of creditors back which he was willing to do. That should have seen us into top 4 then we'd have had a decent shot.'"
Sorry mate rpelied before eading your reply
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| Quote thepimp007="thepimp007"So how many poits did we get deducted by goinginto admin in SL when bought out of admin? I am oetty sure it would have been similar had we not liquidated.
That squad would have made top im sure with a 6 point deduction
Bit of a naive comment really'"
6 but the rules were changed, its 12 points unless you pay off all creditors so unless Thorne was going to pay 2million+ we would of started on minus 12. Not really naive maybe you need to do a bit of research.
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| Quote thepimp007="thepimp007"So how many poits did we get deducted by goinginto admin in SL when bought out of admin? I am oetty sure it would have been similar had we not liquidated.
That squad would have made top im sure with a 6 point deduction
Bit of a naive comment really'"
If a Club does incur an Insolvency Event, then the Board of the Rugby Football League has the right to terminate that Club’s Membership of the Rugby Football League and grant Membership to another entity on such terms as it sees fit. The Board’s Insolvency Policy sets out how it will usually exercise its discretion and states that one of the conditions imposed on any new Member will, save in specified cases, be a sporting sanction of a 12-point deduction. This sends a clear message to Clubs of the unacceptability of Insolvency Events.
Exact wording from RFL website.
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| Quote nestegg="nestegg"Hi Martin.
Forget arguments about planets mate. This is a serious matter.
Cash generation - concessions, cash receipts at turnstiles (inc away fans), door to door Big One collections, shop sales, cash season ticket sales etc etc - can easily add up to far > £400K per season. Where did it all go?
Creditors due over 1 year include YW, HE, ISC etc ..... and that's only 3, and we understand they total over £200K. Unless you have prove to the contrary we have no reason to believe that (other than a loan given by the RFL of a few hundred K) that nobody put money into BB17 and Chalmers had zilch equity to put in, and we are not aware of any director loans. We may be wrong, but we very much doubt it. We may not be accountants like your goodself, but we can at least agree that it smells ... and it smells fishy.
We are happy to receive further abuse (we're used it by now lol), but it would be interesting to dig a bit deeper - your day to day accounting knowledge is appreciated MW.
If BB17 is still in existence come the first Championship game of next season we will gladly eat our collective hats.'"
Creditors due over one year after the BALANCE SHEET DATE. If YW HE ISC are in there, then they are not F***ING due for lets see. 31st January 2019 plus a year....???...???...
ah, 31st January 2020. November, December, January. A [uminimum[/u of three months before due.
Yes, I agree that there is scope for cash to disappear, but £400k seems excessive given the monitoring by the RFL:
Clubs must notify the Rugby Football League of any event that has a material impact on its Budget and must demonstrate performance against budget in half year and full year returns. If a Club is not achieving its budget during a Season the Rugby Football League has the right to impose a signing embargo.
Year one AC was putting money in. Year two he was putting money in. so year three he takes £400k in cash out? whatever we both think of the RFL, the monitoring puts pressure on declaration of all receipts, to stay on budget, because costs are easy to add but income so difficult, just read this forum on who wants to be a fan. You can do the cash thing around the fringes if there is no scrutiny but no, £400k in a year is a urine extraction.
Most receipts will be direct BACS (RFL distribution, Chalmers/his backer, sponsors etc), BACS from whichever card acquirer used, cheques, and only then cash. OK I have only worked in manufacturing wholesale and just recently pure retail, never for a sports club, but I do not believe that Sports is that significantly different to the extent of £400k in cash missing in a year. Chalmers would need a 40 footer to lug that amount away.
Please, learn a bit about business, let alone accounts, and I will start taking you seriously, if there is s**t there it needs to come out, but you are camouflaging any such possibility with your blanket .
Just a thought, but is someone setting you up with all this junk?
After the first insolvency I did an analysis, of the bulls accounts of course but more importantly of the dynamics of the socio-economic environment in Bradford that affected the Bulls. I concluded they were all working against the club to produce fewer fans. Ok maybe you would hit a bit of a good patch club wise, but it would never get near the golden days. therefore without a sugar daddy we would never get anywhere near that success. My opinion remains the same, bolstered by the facts: three owners, £3.7m paid into the business by them, and here we are. What amazes me is that nobody including you has learnt anything from that history.
If you do have a consortium behind you, my recommendation is to set up a club called Bradford Rabbulls or similar, with a serious emphasis on developing local young players, and work your way up from whatever division you start in. Then when the next Bulls insolvency event occurs, you will be there in place to seize the opportunity.
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| btw nestegg, Yes I am an accountant, but not a bean counter by choice, rather an management accountant with an MBA in business strategy backed up by growing businesses and shrinking them through several cycles of growth and recession, and I have set up and run my own business - no not a consultancy business, but importing manufacturing and selling interactive fitness equipment targeted at getting obese children exercising. so I have theory and practice in abundance, held the reins as owner and MD and FC, and I can tell you, there are shades of grey, not black and white with nothing in the middle.
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| Quote rugbyreddog="rugbyreddog"Oh no he isn't.
But at least when Jack handed over his bovine he got a handful of beans.'"
It's a shame that Dame FA is no longer treading the boards with this particular pantomime, his off the cuff asides will be missed by many.
Anyone know Billy Pearce? and can get him on this Forum?
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| Quote Blotto="Blotto"It's a shame that Dame FA is no longer treading the boards with this particular pantomime, his off the cuff asides will be missed by many.
Anyone know Billy Pearce? and can get him on this Forum?'"
I for one miss reading FA’s contribution’s.
When such a loyal fan like him gives up the ghost I fear the end is nigh. The club will limp on but not as we know it.
I believe gates of circa 1000 will be the norm. The club has lost its identity and cannot even attract a full time owner/custodian.
How on earth can the club retain its name, playing out of the city with an owner of another club over seeing its decline! As for Nigel Wood?
He has other interests and why wouldn’t he. That’s his income stream and his focus.
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| Mark Sawyer has many other businesses he runs generating his income, still runs Desbury well and has done for pushing 20 yrs so a f/t owner isn’t essential. After all I assume Chalmers was f/t over here and we can see how that went
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| Couldn't agree more with your comments re NW's income stream and everything else that has gone on - it's a sad indictment from an organisation and indiviiduals who couldn't care less as to what really happens to our once great Club. My wife and I have decided enough is enough after the many years we have supported the Club,
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| Whilst I respect everyone’s opinion, this is my own personal take on it and I don’t want people to agree, they will form their own thoughts.
My take is that I’ve supported this club for about 42 yrs of my 45 on this planet and I’ve always had a passion for Bradford. I will continue to support despite seeing many frustrating situations over the last 8yrs.
I look at it like a friend or family member in that if they’d had a couple of poor relationships, lost their jobs, had their house repossessed etc they need my support and I couldn’t just cast them adrift. If they then came back and said they had found a new partner and were looking to get back on their feet then whilst I would be nervous about the relationship you can’t assume the Next one will be like the last one.
I’ve watched them win titles, WCC, Challenge cups, I’ve seen them sell Hanley, Phil Ford, Newlove, Skerrett, Bug Les and Henry Paul and I’m sure there are others I’ve missed but we’ve survived, in a fashion, and replaced them
At the moment I’m been asked to part with £200 for a s/t which if we go bust i will get a refund and if we survive I’ll see 13 games of rugby involving Bradford
I know others have had enough but at the moment I feel like I need to try and assist where I can and try and help this once great club start climbing.
Scepticism understood and whilst it does appear a strange one for the new owners to get involved but in the absence of anything other than speculation and rumour I have to hope that they will get things right and we will start to become self sufficient
Not every one will agree and it’s personal choice, but that’s my thoughts
I’ll either pay on the gate or buy a ticket which is likely to result in a s/t purchase as I’m tight and it will be cheaper!
COYB!!!!!
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| Quote Betsy Bulls="Betsy Bulls"I look at it like a friend or family member in that if they’d had a couple of poor relationships, lost their jobs, had their house repossessed etc they need my support and I couldn’t just cast them adrift. If they then came back and said they had found a new partner and were looking to get back on their feet then whilst I would be nervous about the relationship you can’t assume the Next one will be like the last one. '"
Whilst I understand where you're coming from, and as you say, everyone will have their own opinion... If I was to buy into your analogy I would say some people are feeling like they've been supporting that family member financially, be it through buying them food or loaning them money, only to have that person continue to lie to them and spend the money on alcohol instead of on paying their bills. There comes a point where you have to cut them off because they're just p*ssing your money up the wall.
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| Quote Betsy Bulls="Betsy Bulls"Whilst I respect everyone’s opinion, this is my own personal take on it and I don’t want people to agree, they will form their own thoughts.
My take is that I’ve supported this club for about 42 yrs of my 45 on this planet and I’ve always had a passion for Bradford. I will continue to support despite seeing many frustrating situations over the last 8yrs.
I look at it like a friend or family member in that if they’d had a couple of poor relationships, lost their jobs, had their house repossessed etc they need my support and I couldn’t just cast them adrift. If they then came back and said they had found a new partner and were looking to get back on their feet then whilst I would be nervous about the relationship you can’t assume the Next one will be like the last one.
I’ve watched them win titles, WCC, Challenge cups, I’ve seen them sell Hanley, Phil Ford, Newlove, Skerrett, Bug Les and Henry Paul and I’m sure there are others I’ve missed but we’ve survived, in a fashion, and replaced them
At the moment I’m been asked to part with £200 for a s/t which if we go bust i will get a refund and if we survive I’ll see 13 games of rugby involving Bradford
I know others have had enough but at the moment I feel like I need to try and assist where I can and try and help this once great club start climbing.
Scepticism understood and whilst it does appear a strange one for the new owners to get involved but in the absence of anything other than speculation and rumour I have to hope that they will get things right and we will start to become self sufficient
Not every one will agree and it’s personal choice, but that’s my thoughts
I’ll either pay on the gate or buy a ticket which is likely to result in a s/t purchase as I’m tight and it will be cheaper!
COYB!!!!!'"
Bully for you Betsy, we also have seen the highs and lows over the many years of our joint support. But our feelings at this moment are the worst con in our chequered past has been perpetrated, and with only one of the perps. now involved we know self interest will push us to the brink. Personally I fervently hope you are right, and I am totally wrong! However my gut feeling is not good about it all, and this is the second time in the 7 years of the disaster unfolding. Guess which was the first? Funnily enough our overall new owner was heavily involved in that fiasco!
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| Quote Betsy Bulls="Betsy Bulls"Whilst I respect everyone’s opinion, this is my own personal take on it and I don’t want people to agree, they will form their own thoughts.
My take is that I’ve supported this club for about 42 yrs of my 45 on this planet and I’ve always had a passion for Bradford. I will continue to support despite seeing many frustrating situations over the last 8yrs.
I look at it like a friend or family member in that if they’d had a couple of poor relationships, lost their jobs, had their house repossessed etc they need my support and I couldn’t just cast them adrift. If they then came back and said they had found a new partner and were looking to get back on their feet then whilst I would be nervous about the relationship you can’t assume the Next one will be like the last one.
I’ve watched them win titles, WCC, Challenge cups, I’ve seen them sell Hanley, Phil Ford, Newlove, Skerrett, Bug Les and Henry Paul and I’m sure there are others I’ve missed but we’ve survived, in a fashion, and replaced them
At the moment I’m been asked to part with £200 for a s/t which if we go bust i will get a refund and if we survive I’ll see 13 games of rugby involving Bradford
I know others have had enough but at the moment I feel like I need to try and assist where I can and try and help this once great club start climbing.
Scepticism understood and whilst it does appear a strange one for the new owners to get involved but in the absence of anything other than speculation and rumour I have to hope that they will get things right and we will start to become self sufficient
Not every one will agree and it’s personal choice, but that’s my thoughts
I’ll either pay on the gate or buy a ticket which is likely to result in a s/t purchase as I’m tight and it will be cheaper!
COYB!!!!!'"
I have very much had the same thoughts as you have over the past 3 administrations/ownerships. However, this current one feels too murky and seedy for me to go with it for the time being.
I'm lucky to have some friends within the club including players and I just don't like what I'm hearing.
Players who wanted to stay with the club and agreed contracts for the coming year are finding themselves in search for jobs as those offers are now being withdrawn, one of whom my family has sponsored for the past two seasons. He is genuinely gutted having turned down better offers from SL and Championship clubs and has now thankfully accepted a contract from a League 1 club. Whilst I'm happy he is sorted out, he should not have been left in that position.
On leaving the club a fairly well positioned former employee told us exactly what was going to happen and then he turned out right. He also alleged that Wood and Rimmer had been involved with the club and the ownership since 2017 (very much behind the scenes). Now I cannot prove this is right or wrong, but all I know is it sounds very corrupt if true and until there is some kind of independent inquiry into the truth then I don't feel I can morally go along with it any more.
I'm going to give you my new analogy on the situation... the family member has become hooked on drugs and whilst I will always love and support them in which way I can, I'm not going to give them money so they can go buy more drugs and do themselves more harm.
I will always be a supporter of this club and will never switch my allegiances to another team. but for now I will sit it out, watch and wait to see how it all plays out before deciding what to do next season and beyond.
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| Quote bullinenemyland="bullinenemyland"I have very much had the same thoughts as you have over the past 3 administrations/ownerships. However, this current one feels too murky and seedy for me to go with it for the time being.
I will always be a supporter of this club and will never switch my allegiances to another team. but for now I will sit it out, watch and wait to see how it all plays out before deciding what to do next season and beyond.'"
That's my position at the moment.
I'll never support any other club, but for the time being I'm not supporting the current setup.
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| Quote bullinenemyland="bullinenemyland"
On leaving the club a fairly well positioned former employee told us exactly what was going to happen and then he turned out right. He also alleged that Wood and Rimmer had been involved with the club and the ownership since 2017 (very much behind the scenes). Now I cannot prove this is right or wrong, but all I know is it sounds very corrupt if true and until there is some kind of independent inquiry into the truth then I don't feel I can morally go along with it any more.
'"
I've been told this by someone formerly involved in a Super League club. Though not 2017, 2016 when the informed C&L they club would be theirs. This was corroborated in one of AC's rants when he stated Rimmer spoke to him and requested he took the club in December 16
EDIT: Sadly I am already in for a season ticket so have to suck it up as the brexiters would say...
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| Quote bullinenemyland="bullinenemyland"
Players who wanted to stay with the club and agreed contracts for the coming year are finding themselves in search for jobs as those offers are now being withdrawn, one of whom my family has sponsored for the past two seasons. He is genuinely gutted having turned down better offers from SL and Championship clubs and has now thankfully accepted a contract from a League 1 club. Whilst I'm happy he is sorted out, he should not have been left in that position '"
If the contract was offered by Chalmers/Mcfarlane etc maybe the contract offered was more the club can now afford? You can't really blame the new owners for withdrawing an offer when its all about cutting costs after another overspend. Or would we rather see them stretch the budget again?
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Rank | Posts | Team |
Player Coach | 3251 | No Team Selected |
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Oct 2005 | 19 years | |
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| What would it take to get people back? What else does the club need to do?
The club is doing all the usual things - resigning players (Would signing a couple of new players help, rather than keeping last years?)
Preseason training has started - media being released.
Employees being interviewed - coaching staff & players
Preseason friendlies starting to be announced
Ticket offers being announced - the Blackpool bash (meh) and the free tickets for community club u12 and younger juniors - bit more significant
Is it all about transparency? An inquiry and if mismanagement is found then punishment. Is that what we are looking for?
Or do we just not want Wood to be involved? More specifically, do we want Wood to be formally exonerated by an inquiry before we accept him....
Would we be happier if it was announced all (non-director) creditors had been paid back? Is that what it would take? That would be a statement of intent. Would help calm my background fear that administration is still pending.
There are just too many questions without answers.
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