Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 4:19 pm  

I know someone who pledged last night, so there is some method in the madness.

Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 4:21 pm  

Great result last night guys, and I am glad that you will reach the target set by men that 'run' the club. There does seem however to be endless questions coming out of this situation. A massive effort from a heck a lot of people to get the money in but do you not all feel a tad 'hood' winked (sorry to coin a phrase) by the guys at the top.?. Can they not just say that you have reached your target (albeit as is being reported 20k short) and your short term future if not long term future (no doubt) has been secured at least rewarding all the fans who have made a massive effort in keeping the club afloat?.

Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 4:25 pm  

one of my mates heard a rumour that some fans of other clubs have been making bogus pledges

Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 4:33 pm  

Where did all the takings from last night go??
Epic turn out !!
20k less 5k season ticket holder gives 15k to pay in
Split that 50 /50 gives a cash injection of over 225K yet fund only goes up by 80k???

Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 4:37 pm  

Owrambar wrote:

Where did all the takings from last night go??
Epic turn out !!
20k less 5k season ticket holder gives 15k to pay in
Split that 50 /50 gives a cash injection of over 225K yet fund only goes up by 80k???

I dunno, they will have had something to pay out too to get the ground up and running.

Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 4:37 pm  

The Bulls had already budgeted for a 16000 crowd so only takings over that went to the pledge.

Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 4:43 pm  

Owrambar wrote:

Where did all the takings from last night go??
Epic turn out !!
20k less 5k season ticket holder gives 15k to pay in
Split that 50 /50 gives a cash injection of over 225K yet fund only goes up by 80k???

10k season ticket holders.

Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 4:49 pm  

M@islebugs wrote:

I thought they said if the pledge was reached we'd have to pay the money straight away on saturday morning.

I dont see how they could have said that. It will take the best part of a fortnight before most of the cash is received. And hopefully they've factored in some non payment

Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 4:59 pm  

There's a bit too much of an obsession regarding the 500k figure IMO, at the end of the day having 20k less than it doesn't change things too much from if we had 20k more than it.

If what we're led to believe is true 500k covers payments becoming due for salaries and tax/NI in the next week or two however there is no point calling in the pledges if no way forward for the rest of the season (ie the next 500k) has been identified. Raising this money in pledges this quickly is a credit to the RL community and the people of Bradford, but if there's nothing forthcoming about the next tranche of cash needed there is no point taking money to string things on for another month.

The delay in making the announcement can only be in hope of a solution being found, I think the initial hope was that the way forward would have been identified and presented itself so it could have been announced in glory in front of a big crowd last night.

Re: Peter Hood says Bulls on brink of going bust. : Sat Apr 07, 2012 5:02 pm  

Asim wrote:

There's a bit too much of an obsession regarding the 500k figure IMO, at the end of the day having 20k less than it doesn't change things too much from if we had 20k more than it.

If what we're led to believe is true 500k covers payments becoming due for salaries and tax/NI in the next week or two however there is no point calling in the pledges if no way forward for the rest of the season (ie the next 500k) has been identified. Raising this money in pledges this quickly is a credit to the RL community and the people of Bradford, but if there's nothing forthcoming about the next tranche of cash needed there is no point taking money to string things on for another month.

The delay in making the announcement can only be in hope of a solution being found, I think the initial hope was that the way forward would have been identified and presented itself so it could have been announced in glory in front of a big crowd last night.

I've never seen it as a foregone conclusion that the club would call in the pledges just because we reach £500k. Still a tough call