Re: Ownership and twists : Mon Mar 24, 2014 3:37 pm  

Cellino has been disqualified from buying Leeds Utd. Wonder if he'd fancy a RL club at all?

Re: Ownership and twists : Mon Mar 24, 2014 3:40 pm  

roofaldo2 wrote:

Especially as last time Mr Lamb was the one who broke the news about who'd won the bid.

#OPENANDHONEST....and all that twitter soundbite guff.

He said yesterday he'd have a clear view about what is going on today.....tick tock.....


(hes also retweeting Dr Koucash, maybe they should have a chat and join forces.)

[Bulliac]

Re: Ownership and twists : Mon Mar 24, 2014 3:44 pm  

Noble & Honest wrote:

The £150k Whitcut borrowed in order to fund his purchase off Ok (secured on club assets and even giving the money lender one share (maybe Whitcuts one share!)will at Wonga rates now be £250K.
Green will be glad to get his £150k back I would have thought.

THE PAST 6 MONTHS HAVE SEEN THE BULLS AFFAIORS BRING THE GAME INTO DISREPUTE>

WELL DONE WHITCUT AND KHAN>
AND SUTCLIFFE.

THe RFL are sick of the nightmare.

If you do not have 4 million turnover you cannot pay wages of £2.5 million.
The Bulls have a falling turnover of £2.5 million and dropping rapidly.

Doctor Doctor please save the Bulls life

You are Nigel Wood an I claim my £5.....

Re: Ownership and twists : Mon Mar 24, 2014 3:44 pm  

** tick tock **

So it looks like another day has gone by without a word from the RFL or the Administrator

Re: Ownership and twists : Mon Mar 24, 2014 4:01 pm  

This might seem a daft question, but is anyone actually running the club. Presumably wages are due to be paid in a few days time. Have we any cash to pay them with? Anybody to sign the cheques?

Re: Ownership and twists : Mon Mar 24, 2014 4:10 pm  

Noble & Honest wrote:

The £150k Whitcut borrowed in order to fund his purchase off Ok (secured on club assets and even giving the money lender one share (maybe Whitcuts one share!)will at Wonga rates now be £250K.
Green will be glad to get his £150k back I would have thought.

THE PAST 6 MONTHS HAVE SEEN THE BULLS AFFAIORS BRING THE GAME INTO DISREPUTE>

WELL DONE WHITCUT AND KHAN>
AND SUTCLIFFE.

THe RFL are sick of the nightmare.

If you do not have 4 million turnover you cannot pay wages of £2.5 million.
The Bulls have a falling turnover of £2.5 million and dropping rapidly.

Doctor Doctor please save the Bulls life

I'm guessing you are Blake Solly

Does anybody want to guess its Ralph Rimmer or Brian Barwick

Re: Ownership and twists : Mon Mar 24, 2014 4:14 pm  

BeechwoodBull wrote:

This might seem a daft question, but is anyone actually running the club. Presumably wages are due to be paid in a few days time. Have we any cash to pay them with? Anybody to sign the cheques?

The administrator should be running the club (think with the help of RHP)

Re: Ownership and twists : Mon Mar 24, 2014 4:52 pm  

roger daly wrote:

I'm guessing you are Blake Solly

Does anybody want to guess its Ralph Rimmer or Brian Barwick

No just sick of the blame game been pointed at the RFL when its the idiots who owned the club to blame.

The RFl are now doing what they should have done 18 months ago.
Making sure potential new owners have enough to run the club solvently.

Which given the level of losses is about right at a million to see September.
Otherwise they will be having to intervene yet again and that will be 6 times in three years.

The club is a joke sadly.
A basket case.
You cannot pay £2.5 million wages with sales of £2.5 million and expect to pay anyone else.

Its that simple really.
Unless you have money to throw at it.
That is what the RFL seek assurances on.

They have heard it all before from Hood to Khan to Whitcut to Moore.

The Bulls need a cash rich owner to stay in super league end of.

Anyone got any better idea how you pay everyone without RFL loans which they (and no doubt all other clubs)are sick and tired of giving.

[Bullseye]

Re: Ownership and twists : Mon Mar 24, 2014 5:08 pm  

As I said a while ago. We need a Koukash style bailout or it's goodnight Vienna.

I've always been doubtful as to whether Lamb's words will ever amount to anything tangible. I remain doubtful.

Not sure how long this period of limbo can continue? Any longer and the administrator will have to sell more players to make ends meet. That would leave us playing academy lads which is probably in breach of our duty of care.

Re: Ownership and twists : Mon Mar 24, 2014 5:17 pm  

Tweet from Mandy koukash that administrator refused to let her submit an increased bid last week. Surely if a prospective buyer wants to pay more it means more money for the creditors?