Re: Ownership and twists : Tue Mar 25, 2014 7:26 am  

debaser wrote:

So according to Lamb, he provided both the RFL and administrator with proof of funds but then they asked again and he couldn't do it? Something does not stack up here.

The excuse that the funds are overseas is the lamest comment ever. Foreign banks are just as capable of providing a letter of confirmation as UK banks are.

Re: Ownership and twists : Tue Mar 25, 2014 7:35 am  

There's only one rich man in all of this - the administrator. He'll have proof of funds from his daily rate.

Re: Ownership and twists : Tue Mar 25, 2014 7:47 am  

Richard Lamb's idea of proof of funds and the RFL's are clearly different from todays T and A. 'Investors out of the country......' Utter nonsense.

So Wilson now has to go to Marc Green and the BPA crew and say the RFL need to see a million quid. Or re-open the bidding process.

I don't get any sense that Marc Green wants to own the Bulls and only bid to cover his debenture. Is he really going to throw a £1m trying to get back £200k? I can't see it.

Re: Ownership and twists : Tue Mar 25, 2014 8:01 am  

Lamb off the menu "However, Lamb was yesterday told by the RFL that his group were no longer considered the preferred bidder and that the club was effectively back up for grabs. Although Mandy Koukash and Bradford City joint-chairmen Julian Rhodes and Mark Lawn also made offers to the administrator, neither party have heard from Wilson since they made their initial offers. It would appear that debenture holder Marc Green and a consortium led by representatives from Bradford Park Avenue are now vying for control, with a decision expected imminently." TBF Lamb never really said anything of substance and I never trusted his bid, and said so, however - no one else has said or done much of any use either. On the article, and reading his tweets, Im not sure Marc green ever actually put a bid in - he's just after his money back, which is fair enough. The city bid was a safety net, so I reckon we're down to BPA and Mrs Koucash. And I know who I'd prefer there. On another note, how close to liquidation are we? Can't be far IMHO. Can we even stage the next home game without a cashed up owner being appointed promptly? I await the next twist in the death dive.....

Lamb off the menu "However, Lamb was yesterday told by the RFL that his group were no longer considered the preferred bidder and that the club was effectively back up for grabs. Although Mandy Koukash and Bradford City joint-chairmen Julian Rhodes and Mark Lawn also made offers to the administrator, neither party have heard from Wilson since they made their initial offers. It would appear that debenture holder Marc Green and a consortium led by representatives from Bradford Park Avenue are now vying for control, with a decision expected imminently." TBF Lamb never really said anything of substance and I never trusted his bid, and said so, however - no one else has said or done much of any use either. On the article, and reading his tweets, Im not sure Marc green ever actually put a bid in - he's just after his money back, which is fair enough. The city bid was a safety net, so I reckon we're down to BPA and Mrs Koucash. And I know who I'd prefer there. On another note, how close to liquidation are we? Can't be far IMHO. Can we even stage the next home game without a cashed up owner being appointed promptly? I await the next twist in the death dive.....

Re: Ownership and twists : Tue Mar 25, 2014 8:05 am  

Looks even more dire for you guys now, RFL is corrupt and not helping at all.
Even Mick has stopped guessing the next step coz he hasn't a clue !!! #Saysitall
Hope someone wrote all this down, will make a best seller and a lot of money in years to come ...

Re: Ownership and twists : Tue Mar 25, 2014 8:19 am  

While several bids came in - it would appear that to have a chance of getting approval from both the RFL and the administrator you really needed £2m in readily available funds - and it seems only one bidder might have this - as must have been reasonably clear from the start? If of course the bid was genuine?

With the best will in the world I cannot see Bullbuilder ever raising this amount of cash, but maybe could support a start back in the bottom division - which seems to be where we are heading?

Lots of questions but no answers

Re: Ownership and twists : Tue Mar 25, 2014 8:21 am  

If we finally get someone with the wherewithal to buy the Club the RFL will alter the rules to suit the purpose they have in mind. Selling the Stadium to the RFL was the worst decision in all this debacle it has given them the power to control all we do and we have no room to manoeuvre. Think dealing with the RFL must be absolute HELL.

Re: Ownership and twists : Tue Mar 25, 2014 8:24 am  

The RFL do not own the stadium, just the lease.

Re: Ownership and twists : Tue Mar 25, 2014 8:30 am  

witters wrote:

The RFL do not own the stadium, just the lease.

We know that, but it is effectively the same. A landlord that does not do repairs, but has ultimate control. Plus we have no collateral except the players. What a mess.

Re: Ownership and twists : Tue Mar 25, 2014 8:32 am  

Why has there been no interview with RFL or even any real press release stating their position?? that would be a normal thing to do... right??

Maybe on boots n all tomorrow? the question needs to be asked outright to Solly or Rimmer '' if its funds you want proving, why are you not talking to Mrs Koukash''??