[Pumpetypump]

Re: Bradford : Sun Aug 25, 2019 3:44 pm  

dboy wrote:

The RFL made mistakes with the shady deals to help the Bulls.

And there you have it. As I said earlier, if you want to believe the RFLs actions have been nothing but altruism towards the bulls then they'll have got away with it.

Re: Bradford : Sun Aug 25, 2019 4:21 pm  

Pumpetypump wrote:

And there you have it. As I said earlier, if you want to believe the RFLs actions have been nothing but altruism towards the bulls then they'll have got away with it.

Not sure why you have made a selective quote. My point was that, in making shady deals to help the Bulls, they have undoubtedly made it worse.

One crucial result, is that other clubs (and clearly their fans), have little sympathy or trust for the Bulls.

Good will is gone.

Re: Bradford : Sun Aug 25, 2019 6:17 pm  

Hey dboy, I don’t know what planet your on but if I recall the only thing the rfl did yo help Bradford was share all there sky monies out to other superleague clubs, now if that is helping the bulls out then I pitty anyone else in trouble

Re: Bradford : Sun Aug 25, 2019 6:37 pm  

Molsk111 wrote:

Hey dboy, I don’t know what planet your on but if I recall the only thing the rfl did yo help Bradford was share all there sky monies out to other superleague clubs, now if that is helping the bulls out then I pitty anyone else in trouble

You must have a very selective memory then, what about the cash the R.F.L. chucked Bradford's way prior to meltdown
No 1?

You know the one, when they "loaned" the club a shed full of cash on the quiet, I know their (The R.F.L.s) actions appear to be the main catalyst for the Bulls demise, but this initial financial injection wasn't a cunning plan to ruin one of S.L.'s flagship clubs.

Re: Bradford : Sun Aug 25, 2019 6:57 pm  

The RFL made a secret loan to Bulls to keep them from going pop.

When they couldn't pay it back, they pretended to "buy" the lease to stop "predatory speculators getting their hands on Odsal".

Now you can't afford the rent.

The secret deals, advancing central funds, the sham lease purchase, all done to save a basket case.

This is why Hudgell, Carter and Davy wanted SL clubs to buy the lease...they feared its value would be written off to further help the Bulls.

Re: Bradford : Sun Aug 25, 2019 6:59 pm  

Oh right, you seem to know a lot, how much did they lend them exactly, and you said loaned do they obviously got it back with interest I would assume too

Re: Bradford : Sun Aug 25, 2019 7:18 pm  

Molsk111 wrote:

Oh right, you seem to know a lot, how much did they lend them exactly, and you said loaned do they obviously got it back with interest I would assume too

They didn't pay the loan back. That's why the RFL took control of the lease.

Re: Bradford : Sun Aug 25, 2019 7:49 pm  

dboy wrote:

The RFL made a secret loan to Bulls to keep them from going pop.

When they couldn't pay it back, they pretended to "buy" the lease to stop "predatory speculators getting their hands on Odsal".

Now you can't afford the rent.

The secret deals, advancing central funds, the sham lease purchase, all done to save a basket case.

This is why Hudgell, Carter and Davy wanted SL clubs to buy the lease...they feared its value would be written off to further help the Bulls.

Except that if you read Chalmers' statement they could actually afford the rent, he wants to merely divert the money saved on the rent and maintenance of Odsal into spending on players!

Not quite written off but value reduced to around £400k a couple of years ago.

Molsk111 wrote:

Oh right, you seem to know a lot, how much did they lend them exactly, and you said loaned do they obviously got it back with interest I would assume too

Reported in the T&A as £1.25million, although other sources range from £750k up to that amount. Whatever, a not insignificant sum and even if you counted the rent as loan repayments they've paid back, at best, only half the amount and more likely around 25%. So not a great return on investment for the RFL.

Re: Bradford : Sun Aug 25, 2019 8:31 pm  

Two things the RFL reduced value of Odsal to 750k not 400k.

Also in tomorrow's League Paper RFL have to now find 500k a year to pay the rates on Odsal + the lost 72k. Maybe that's why they think it's a poor decision.

Re: Bradford : Mon Aug 26, 2019 5:15 am  

Ok you obviously know more than me so apologies all round sorry