Re: Bulls Takeover : Sat Oct 12, 2019 7:54 am  

rugbyreddog wrote:

I know it's late but don't options a and b already add up to 103%

Congratulations nestegg you’ve passed the RFL criteria for mathematics.

Re: Bulls Takeover : Sat Oct 12, 2019 8:43 am  

Bully_Boxer wrote:

Congratulations nestegg you’ve passed the RFL criteria for mathematics.

'fit and proper person'

Re: Bulls Takeover : Sat Oct 12, 2019 10:47 am  

rugbyreddog wrote:

a) Likelihood of new consortium taking over a formal shareholder interest in the club - 35%;
b) Likelihood that the club will be in administration/ formal 'insolvency event' before Xmas - 68%;.
c) Likelihood that any fans will now buy 2020 season tickets given what we already know- common sense would suggest that such a likelihood must be rapidly plummeting and may soon get close to zero. Why we understand that at least one fan was asking for a refund today on their 2020 season ticket, but were refused (which is no surprise), and
d) Likelihood that a nestegg consortium may ultimately take an interest - ??.

I know it's late but don't options a and b already add up to 103%

They are not cumulative options, you silly (third) 'dog'. Good quips Boxer and Paul W

But hey if you need some professional betting and odds guidance you could always turn to the Rams owner, Mark Sawyer. As well as (according to C Brereton) being proposed as a consultant to the so called new consortium (which currently seems to be struggling to come to terms with what's been going on - and still is going on - at the club), Mark is also a bookie and is known to be pally with a certain well known former senior RFL officer.

Re: Bulls Takeover : Sat Oct 12, 2019 10:53 am  

Highlander wrote:

Where does Xmas come into this? I would assume we’ll either be taken over or insolvent by close of play Monday

Good question. Well what 'we' do know is that winding up petitions are likely to be about to land, and we anticipate that for a business of BB17's size that if any petitions are upheld then it is likely that an administrator may be appointed within the next say 3-5 week period; i.e. by on or well before Xmas.

That said, we may be wrong, but conventionally there is a process to adhere to. For the avoidance of doubt the nestegg consortium though being owed some money by the club are not looking to apply to the court for a winding up petition; but we can't stop others doing so can we. Moreover, Creditors are allowed to talk to one another and compare notes, size of debts .... and debate what Chris B has been saying to them and inferring.

Re: Bulls Takeover : Sat Oct 12, 2019 1:36 pm  

The Rfl should be held fully accountable for this fiasco as when Ac was chosen we had other parties interested who actually had the financial backing to make a difference. I hope I'm wrong about the latest consortium but why have the Rfl always chose people who have no money to take control of this once great club. Personally I think a new club should be started as Bradford Northern as the Bulls brand is tarnished and start in league 1 playing at horsfall and get it built from a solid foundation. I believe someone with money would definitely back that

Re: Bulls Takeover : Sat Oct 12, 2019 1:46 pm  

Funny I was thinking the same about starting again and playing in Bradford but also got to think of the players we still have and hope things go right for them has any other team been through what we have in the last few years in the history of the game

Re: Bulls Takeover : Sat Oct 12, 2019 2:51 pm  

Agree BULLS brand now Toxic as if the non payment of pensions is correct then I can't imagine any companies wanting to be connected with those wrong doings.So brand ruined,Odsal gone and if nothing is sorted,our best players also,fans mis sold season tickets with more debts etc to be revealed.Start again as Bradford Northern,hopefully keep as many of squad as possible and try to get back to Bradford somehow.No way anyone will take over the debt,why would they?The players and fans deserve so much more.I tell you what though,I feel very uncomfortable with the timings of Chalmers deciding to leave Odsal ,then him bailing out and the sheet hitting the fan.Uncanny right?

Re: Bulls Takeover : Sat Oct 12, 2019 3:05 pm  

There has to be a full investigation by a independent body not associated with the Rfl as it truly is not right. How can the Rfl get it wrong so many times. As for Ac u can have a championship squad of 38 players. I know the academy was compulsory but not sure about reserve team. Come on money men start a new team with a new stadium and if we have to start again in league one so be it as long as we have a club that is sustainable. We need to distance ourselves as far as possible from the bulls brand. Why are the Rfl and Ac not giving us answers it truly does stink

Re: Bulls Takeover : Sat Oct 12, 2019 3:35 pm  

madasmcmadammcmad2 wrote:

Agree BULLS brand now Toxic as if the non payment of pensions is correct then I can't imagine any companies wanting to be connected with those wrong doings.So brand ruined,Odsal gone and if nothing is sorted,our best players also,fans mis sold season tickets with more debts etc to be revealed.Start again as Bradford Northern,hopefully keep as many of squad as possible and try to get back to Bradford somehow.No way anyone will take over the debt,why would they?The players and fans deserve so much more.I tell you what though,I feel very uncomfortable with the timings of Chalmers deciding to leave Odsal ,then him bailing out and the sheet hitting the fan.Uncanny right?

Well said,

Re: Bulls Takeover : Sat Oct 12, 2019 3:44 pm  

Jay47 wrote:

There has to be a full investigation by a independent body not associated with the Rfl as it truly is not right. How can the Rfl get it wrong so many times. As for Ac u can have a championship squad of 38 players. I know the academy was compulsory but not sure about reserve team. Come on money men start a new team with a new stadium and if we have to start again in league one so be it as long as we have a club that is sustainable. We need to distance ourselves as far as possible from the bulls brand. Why are the Rfl and Ac not giving us answers it truly does stink

Again well said Jay.

We have some of the 'answers' Jay, but need for the time being to keep some of our cards close to our chest.

And before some cynics bleat out .. " your cards (or your only 'card') is the 'joker' " ... then if that's to be your view, then so be it