Bradford don't have a loan from the RFL now. When the RFL bought the lease they subtracted the loan from the selling price of the lease so the loan was repaid years ago. /> With respect to the administrator, the lease was sold about 2 months before admin 1, in fact selling the lease was the final straw that made admin 1 inevitable. The lease was an asset which helped secure a bank overdraft. When we didn't own the lease anymore, the bank called in the overdraft resulting in Our chairman making his public appeal for £500k, I guess to pay the bank and stop them putting us into administration. Fat lot of use that was, including my £400 for me and each of the 3 kids who'd followed the Bulls/Northern in my case

Bradford don't have a loan from the RFL now. When the RFL bought the lease they subtracted the loan from the selling price of the lease so the loan was repaid years ago. /> With respect to the administrator, the lease was sold about 2 months before admin 1, in fact selling the lease was the final straw that made admin 1 inevitable. The lease was an asset which helped secure a bank overdraft. When we didn't own the lease anymore, the bank called in the overdraft resulting in Our chairman making his public appeal for £500k, I guess to pay the bank and stop them putting us into administration. Fat lot of use that was, including my £400 for me and each of the 3 kids who'd followed the Bulls/Northern in my case

Quote ="Khlav Kalash"Forgive it was a while ago and my memory is a bit hazy, but when BMDC paid Bradford a lump sum to take on maintenance costs of Odsal in the early 00's, how much was this figure (I have £5m in my head for some reason) and how was this money used? To improve the ground or fund the massive success of that era? Hindsight is a wonderful thing but the decision to take the money could have been the catalyst for this whole sorry saga.'" /> The figure I had in my head was £4m, but yes you are correct. /> Caisley et al chose to spend the ring fenced sinking fund monies on the squad and 'Bullmania' rather than keep it aside for its intended purpose - the upkeep of the stadium. /> I don't know how the council came up with the figure, or if we'd used it properly whether it would have been enough to last this long anyway, but this is certainly one of the first steps in the gradual decline of the club. /> I'm sure the Iestyn Harris saga didn't help either, and again we have Caisley to thank for that. /> This assh*le actually had the gall to blame the supporters on his way out, too. Charming.

Quote ="Khlav Kalash"Forgive it was a while ago and my memory is a bit hazy, but when BMDC paid Bradford a lump sum to take on maintenance costs of Odsal in the early 00's, how much was this figure (I have £5m in my head for some reason) and how was this money used? To improve the ground or fund the massive success of that era? Hindsight is a wonderful thing but the decision to take the money could have been the catalyst for this whole sorry saga.'" /> The figure I had in my head was £4m, but yes you are correct. /> Caisley et al chose to spend the ring fenced sinking fund monies on the squad and 'Bullmania' rather than keep it aside for its intended purpose - the upkeep of the stadium. /> I don't know how the council came up with the figure, or if we'd used it properly whether it would have been enough to last this long anyway, but this is certainly one of the first steps in the gradual decline of the club. /> I'm sure the Iestyn Harris saga didn't help either, and again we have Caisley to thank for that. /> This assh*le actually had the gall to blame the supporters on his way out, too. Charming.

A large chunk (£3m?) was used to build the Coral stand iirc

Quote ="Nothus"The figure I had in my head was £4m, but yes you are correct. /> Caisley et al chose to spend the ring fenced sinking fund monies on the squad and 'Bullmania' rather than keep it aside for its intended purpose - the upkeep of the stadium. /> I don't know how the council came up with the figure, or if we'd used it properly whether it would have been enough to last this long anyway, but this is certainly one of the first steps in the gradual decline of the club. /> I'm sure the Iestyn Harris saga didn't help either, and again we have Caisley to thank for that. /> This assh*le actually had the gall to blame the supporters on his way out, too. Charming.'" /> Wasn't his plan to increase spending to gain more success that would lead to increasing crowds (and income)? Subsequent owners appear to have adopted a similar strategy and yet it's all the RFL's fault..........

Quote ="Nothus"The figure I had in my head was £4m, but yes you are correct. /> Caisley et al chose to spend the ring fenced sinking fund monies on the squad and 'Bullmania' rather than keep it aside for its intended purpose - the upkeep of the stadium. /> I don't know how the council came up with the figure, or if we'd used it properly whether it would have been enough to last this long anyway, but this is certainly one of the first steps in the gradual decline of the club. /> I'm sure the Iestyn Harris saga didn't help either, and again we have Caisley to thank for that. /> This assh*le actually had the gall to blame the supporters on his way out, too. Charming.'" /> Wasn't his plan to increase spending to gain more success that would lead to increasing crowds (and income)? Subsequent owners appear to have adopted a similar strategy and yet it's all the RFL's fault..........

I believe his actual plan was develop the stadium which lead us to moving out for two years whilst all plans and tests were done. We then got planning permission from the council which then suddenly got referred to the govt because of issues raised. The govt then through out the consent and the whole lot went down the toilet. IRC correctly the MP that kyboshed it all was a Bradford MP and the guy that raised the issue was a Ken Morrison. Then people ask why the city of Bradford is in the state it is.