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Re: Ownership of Club Changes : Sat Feb 01, 2014 10:33 am  
I just want us to avoid a points deduction just so I can watch the explosions of self rightious fury
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Re: Ownership of Club Changes : Sat Feb 01, 2014 11:08 am  
redeverready wrote:
Where's Mystic Mick in all this. It's not what he was preaching was going to happen before crimbo.


Apparently Mick is doing some work for Al Jazeera, I just hope his lack of activity on here doesn't mean he accepted an offer to fill an unexpected vacancy in Egypt! :shock:
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Re: Ownership of Club Changes : Sat Feb 01, 2014 1:37 pm  
So to clarify- London and Salford were not in administration? Because they made arrangements to pay back creditors? So no points deduction? How does that differ from this? As far as I understand, all creditors have been or will be repaid in full apart from OK. Which is a different thing. So a points deduction IMO would be harsh. Unless we all got one.
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Re: Ownership of Club Changes : Sat Feb 01, 2014 1:39 pm  
The whole thing is a total s.ac.k of s.h.it anyway. I hope there are some people out there feeling very ashamed. Doubt it though.
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Re: Ownership of Club Changes : Sat Feb 01, 2014 1:53 pm  
debaser wrote:
So to clarify- London and Salford were not in administration? Because they made arrangements to pay back creditors? So no points deduction? How does that differ from this? As far as I understand, all creditors have been or will be repaid in full apart from OK. Which is a different thing. So a points deduction IMO would be harsh. Unless we all got one.


I don't think the statement made anything clear with regards to paying Ok Bulls creditors. It's very unlikely they'd have said anything before speaking to creditors, to avoid painting themselves into a corner, just in case they can negotiate a settlement. ATM there isn't enough information made public to determine who'll get paid what.
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Re: Ownership of Club Changes : Sat Feb 01, 2014 3:43 pm  
new statement from chairman on website
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Re: Ownership of Club Changes : Sat Feb 01, 2014 4:33 pm  
I like these folks in charge now. No players are for sale and the whole squad is ring fenced, its exactly what we want to hear before the big kick off starts.

Would be nice if we could add 2 more forwards, but still this is brill news.

So glad we haven't lost anybody really vital to us.
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Re: Ownership of Club Changes : Sat Feb 01, 2014 6:10 pm  
How utterly arrogant of the Bradford Bulls directors:

a) "we're not going to pay a penny" (to the major creditor) and

b) we're not going to sell ANY of our first team squad.

For a club that's just gone into Administration (again), I can't think of a more clear cut case for a 6 point deduction.
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Re: Ownership of Club Changes : Sat Feb 01, 2014 6:49 pm  
How has all this infighting come about? I thought Omar saved us. How did OKBLTD end up in so much debt and who to? Why was Omar in it to start with? Good will, make a quick dollar, or some other scheme? How have we gone from being safe to almost having no club again, or am I miles out here?
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Re: Ownership of Club Changes : Sat Feb 01, 2014 7:56 pm  
Wooden Stand wrote:
How utterly arrogant of the Bradford Bulls directors:

a) "we're not going to pay a penny" (to the major creditor) and

b) we're not going to sell ANY of our first team squad.

For a club that's just gone into Administration (again), I can't think of a more clear cut case for a 6 point deduction.


Again, Rubbish.

(You really are getting quite good at this Rubbish business, you know).

Your "Major Creditor" is in fact the former owner of the club. He chose to lend the money to the company, not to buy shares. Although he did not disabuse anyone who assumed he did the latter. His company lost a load of money. He lost his investment. Sh it happens. Same result for him and for everyone else whichever method of "Investment" he had chosen - he loses his money regardless.

Show me an example of where a points deduction has been deemed appropriate just because an owner lost his money, and maybe we can have a sensible discussion?

Provided the normal rugby etc creditors are sorted out, I can't see any reason for a points deduction. After all, we are not the only club to go through some form of financial restructuring of late, and the same applied there? The form of restructuring is irrelevant; the issue is whether a club secures an unfair financial advantage by so-doing. So lets wait and see what they sort out?

As for "we are not going to sell any of our first team squad" being a "clear-cut case" for a points deduction - get over yourself. If the board can maintain the club with no loss to normal creditors, what actions it then takes are irrelevant. If it cannot, then a deduction - which would then be appropriate - would reflect that fact, not subsequent actions.

A few less hissy fits, and a bit more objective reasoning would not go amiss, you know.
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