Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 9:54 am  

An MP accusing the BOD of being economival with the truth. There is a phrase to describe it but can't remember it. Somthing to do with 'pot', 'kettle' and 'black'. I am most surprised that he even knew who Bradford Bulls were. Gerry really is a most appropriate name.

Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 10:09 am  

Another potential pr cock up! If we are losing £100k per month the future looks very grim indeed - unless a new investor comes along and is happy to personally fund that level of loss, it's ways of generating extra revenue that's key to long term survival - something I don't see with this BOD, or of course cutting costs which we've seen for 3 or 4 years now and we're still in the mess we are.

Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 10:53 am  

If, as is claimed, the bulls are debt free bar this short-term cash flow issue then interest on debts can't be to blame for losing 100k a month. So where is all the money going? Is there going to have to be a major staff and squad cull anyway? How much is the rent that is being paid to the RFL? What is the great master plan to prevent the club being in the same situation in 12 months time? There is an awful lot of questions that still need to be answered sharpish i reckon.

Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 10:54 am  

Theboyem wrote:

If, as is claimed, the bulls are debt free bar this short-term cash flow issue then interest on debts can't be to blame for losing 100k a month. So where is all the money going? Is there going to have to be a major staff and squad cull anyway? How much is the rent that is being paid to the RFL? What is the great master plan to prevent the club being in the same situation in 12 months time? There is an awful lot of questions that still need to be answered sharpish i reckon.

Agreed!

Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 10:57 am  

Theboyem wrote:

If, as is claimed, the bulls are debt free bar this short-term cash flow issue then interest on debts can't be to blame for losing 100k a month. So where is all the money going? Is there going to have to be a major staff and squad cull anyway? How much is the rent that is being paid to the RFL? What is the great master plan to prevent the club being in the same situation in 12 months time? There is an awful lot of questions that still need to be answered sharpish i reckon.

Caisley/RBS/RFL's fault - that's all anyone needs to know.

Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 11:07 am  

Theboyem wrote:

If, as is claimed, the bulls are debt free bar this short-term cash flow issue then interest on debts can't be to blame for losing 100k a month.

The article doesn't specify whether that is losing £100K a month now or projected. Could read it as that being the outgoings at the moment with debt repayments included.

Theboyem wrote:

How much is the rent that is being paid to the RFL?

Is the question that needs answering, was what worried me at the time of the lease sell off - long term how can a change in rent from "peppercorn" to "market" be considered a good thing. Suspect it was desperation for quick cash and not long term security at all.

Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 11:09 am  

What a great guy.

Perfect time and way to finally pipe up about Bradford's pro RL team.

What a fookin clown

Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 11:23 am  

Asim wrote:

Caisley/RBS/RFL's fault - that's all anyone needs to know.

Not forgetting George Mimmis, Mat Orford, the French tax system

Who else?

Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 11:32 am  

I'm sorry but what's the soure on this?

We already know that Caisley is trying regain control of the club and got a nice article in the T&A about doing that when the pledge was making good ground. I view this as another attempt to derail the pledge and stop people fulfilling what they've told the bulls.

If the bulls were really losing £100,000 a month how is the debt so low and my view is we'd already be out of business.

Also apart from saying the bulls need to come clean what on earth has Mr Sutcliffe done, absolutely Nothing....as he been in touch with the club yet, as of a week ago he hadn't. He's seen an opportunity to get his name in the paper with some free PR and taken it.

Sorry guys but there's a battle going on for the hearts and minds of supporters and this probably isnt going to be the last revelation that comes from the T&A, I just wish they'd be a bit more objective.

Re: Peter Hood says Bulls on brink of going bust. : Mon Apr 09, 2012 11:33 am  

M@islebugs wrote:

Not forgetting George Mimmis, Mat Orford, the French tax system

Who else?

Mystic Eddie?