Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 8:41 am  

Bradford will complete the season. If 'lowly' and constant 'crisis club' Wakefield could be saved and bought from administrators, why does anyone think a 'big' club like Bradford wouldn't be?

I still don't get why most seem not to get this!

Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 9:19 am  

mikej wrote:

The likelihood though is IF Bulls go into administration, the first thing the administrator would do is to try and find a buyer for the rugby team (a bit like what is happening with Rangers in the SPL). If that could be done then Bulls would complete their fixtures but with a stonking big points deduction.

I think that that's the most likely scenario. On the BBC News Channel before ko, Tanya Arnold (who was at the ground) said that the club had aready had pledges etc. for £350k, so fingers crossed.

Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 9:26 am  

t-r-i-n-i-t-y wrote:

Bradford will complete the season. If 'lowly' and constant 'crisis club' Wakefield could be saved and bought from administrators, why does anyone think a 'big' club like Bradford wouldn't be?

I still don't get why most seem not to get this!

I still dont get why most seem not to get that the Bradford's financial cicumstances are completely different to Wakey's!

Wakey used Administration as a means of shaking off a tax bill at the expense of a points deduction. A fairly straightforward decision.

Bradford do have a tax bill, but the fundamental problem is they dont have anywhere near enough cash coming in to pay the players for the rest of the season. An administrator, if appointed, would try to avoid the tax bill. But he would still have to make huge savings to keep going until next season's season ticket money starts to come in. Which would inevitably mean that, once he'd raised what he could from player sales, he'd have to cut the wage bill dramatically. Eventually the club wouldnt be able to put out a team of anything like an acceptable standard.

Unless the Administrator could find a buyer who could fund the club until the end of the season, administration isnt going to be much help.

Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 9:35 am  

Cibaman wrote:

Bradford do have a tax bill, but the fundamental problem is they dont have anywhere near enough cash coming in to pay the players for the rest of the season. An administrator, if appointed, would try to avoid the tax bill. But he would still have to make huge savings to keep going until next season's season ticket money starts to come in. Which would inevitably mean that, once he'd raised what he could from player sales, he'd have to cut the wage bill dramatically. Eventually the club wouldnt be able to put out a team of anything like an acceptable standard.

Well you have to cut your cloth accordingly. I stood/sat through 3 or 4 years of bloody awful Wakefield sides because we were in a CVA and couldn't afford many decent players, hence why the good young ones were sold off for pretty much any offer that came in.

Whether it's a tax bill or a wage bill or the phone bill, if you can't afford to pay it, the problem is the same.

What happens when the next bill comes around Bradford can't pay? I guarantee it will happen.

Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 9:49 am  

Adeybull wrote:

No it is not.

But why the HELL take it out on Bradford fans? I just looked on the latest "lets knock London" thread on here, and I counted ONE post from a Bulls supporter in 13 pages. ONE. And that was pretty innocuous.

The best way for getting a whole load MORE on your back is by making nasty comments like you did, when you hardly ever read any Bulls fans on the VT wishing London would vanish.

Wow, unbelievable over-reaction here. At least one person realised the point of that post. I genuinely hope Bradford pull through, of course I do.

Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 9:49 am  

vbfg wrote:

The hundreds if not thousands of neutrals at Odsal tonight disagree with you. Seems like people wishing death on RL clubs are the tools that won't be missed. Caisley for example, the person you should actually be angry with - nobody misses that 2@. And now you and Vastman, Mr Heartland Rugby League himself, are embarrassing yourselves in the same way. No matter what happens now you're both people who have actively wanted other RL clubs to go under. The pair of you are shitheads.

To be fair to Vastman Goaty, he's an embarrassement in general, not just on this particular topic.

Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 9:57 am  

vbfg wrote:

The hundreds if not thousands of neutrals at Odsal tonight disagree with you. Seems like people wishing death on RL clubs are the tools that won't be missed.

Fully agree, I look forward to you enthusiastically insulting all the posters on here who actively call for the London club to fold.

I suspect I might have a long wait though.

Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 9:58 am  

t-r-i-n-i-t-y wrote:

Well you have to cut your cloth accordingly. I stood/sat through 3 or 4 years of bloody awful Wakefield sides because we were in a CVA and couldn't afford many decent players, hence why the good young ones were sold off for pretty much any offer that came in.

Whether it's a tax bill or a wage bill or the phone bill, if you can't afford to pay it, the problem is the same.

What happens when the next bill comes around Bradford can't pay? I guarantee it will happen.

I dont disagree with you. But its almost impossible to re-order a club's finances, cut your cloth accordingly if you like, in mid season. Players are contracted for the rest of the season. If the Bulls can limp along until the end of the season then they should be able to drastically reduce their costs, even if it has to be in a lower league. But without a substantial cash injection they will not make it until the end of the season.

Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 10:03 am  

mikej wrote:

Declare all magic weekend fixtures null and void and just have it as a showcase weekend would be the easiest and fairest way of doing it.

I cant see them turning Magic Weekend into a series of friendlies. The clubs would rest their senior players, nobody would turn up and they'd probably have to offer refunds to those who had already bought tickets.

Re: Did Bradford hit the 500k? : Sat Apr 07, 2012 10:35 am  

Cibaman wrote:

I dont disagree with you. But its almost impossible to re-order a club's finances, cut your cloth accordingly if you like, in mid season. Players are contracted for the rest of the season. If the Bulls can limp along until the end of the season then they should be able to drastically reduce their costs, even if it has to be in a lower league. But without a substantial cash injection they will not make it until the end of the season.

It isn't impossible. It is what happened with Wakefield last season as they prepared to enter and then did enter administration (after also making a plea for a monetary bail out to merely keep existing from fans). Wakey shed their contracted players as they went to other clubs and these were replaced by players that were much cheaper (such as youngsters that were surplus to requirements at other clubs). They shed so many in fact that they had to re-do their squad photo. They were left with a squad that struggled to avoid bottom but they also appear to have come out the other side stronger for it as an organisation (and have now replaced most of that hastily assembled squad).

Whilst I am not wishing or suggesting that Bradford enter administration (whatever needs to happen will happen in that regard) what happened to Wakey last season demonstrates that (likely radical) altering of the playing squad can occur mid season to result in a reduction of the wage bill and to allow a post admin club (or one that narrowly avoids administration) to 'cut its cloth' accordingly. The circumstances that have led to this situation at Bradford may be different to what led Wakey to the brink last year but the outcome on the other side may not be all that different.