Re: Bulls Takeover : Wed Nov 06, 2019 5:28 pm  

As the RFL are seemingly directing this so called buy out, it surely is incumbent on them to keep supporters and fans in the loop.They are showing scant regard for the feelings of those who have committed, in good faith, to buying St's.The rest, like myself, need clarity and regular updates on the progress and viability for our future security. I stubbornly want to believe in the integrity of the powers that be, despite all the doubters, but have to concede that there has to be a cover up going on. If so, this is scandalous and like others I want the perpetrators held to account and the Club somehow compensated fully, for any corrupt actions that may have hindered it's progress. I sincerely hope that those who submitted, what on the face of it, were better offers, are not reluctant to oil the wheels of retribution in the event of RFL culpability. Have to say that seeing JK continuing his pre-season schedule is akin to the band playing as theTitanic sunk. But boy, do I have total admiration for him and the players in his charge, including everyone employed who are not shirking their responsibilities or allegiances.

Re: Bulls Takeover : Wed Nov 06, 2019 5:35 pm  

thepimp007 wrote:

Well you obviously didn't research yourself correctly when previously saying

its 12 points unless you pay off all creditors so unless

So now you change your tune to definite 12 points regardless. Seems you didn't do your own research until after commenting

You said it was 6 points so I advised it was incorrect.
The rules are its 12 points but less if you pay all creditors back.

With the Bulls they had no choice so Thorne would of taken a 12 point deduction which you said may said not be the case. Read the RFL press release below.

In accordance with the RFL’s press release, it is currently the RFL’s intention that the new Company will be placed in the Championship in 2017 with a 12-point deduction and with the same central distributions as the 12th placed Club (i.e. £150k).

Re: Bulls Takeover : Wed Nov 06, 2019 5:40 pm  

bulls2487 wrote:

If the contract was offered by Chalmers/Mcfarlane etc maybe the contract offered was more the club can now afford? You can't really blame the new owners for withdrawing an offer when its all about cutting costs after another overspend. Or would we rather see them stretch the budget again?

Trust me, this player was one of the lowest paid players in the team so I cannot see how the club cannot afford it, especially given they have publicly stated their playing budget will be still significantly higher than most Championship sides.

The main issue is that players have committed to a deal, been strung along by the club for months and then hung out to dry. The player I know has been lucky to find a deal that will work for him in the short term but that sends out a really bad message to other players thinking about joining the club.

Agents are already taking their players out in vast numbers (the postman doesn't seem to deliver to the Dewsbury postcode ) and others will certainly think twice when they have a number of offers on the table.

I totally get us cutting cloth accordingly and would agree with this being a sensible way to go, but to go about their business the way they are doing... no thank you!!!

Re: Bulls Takeover : Wed Nov 06, 2019 5:50 pm  

Highlander wrote:

What would it take to get people back? What else does the club need to do?
The club is doing all the usual things - resigning players (Would signing a couple of new players help, rather than keeping last years?)
Preseason training has started - media being released.
Employees being interviewed - coaching staff & players
Preseason friendlies starting to be announced
Ticket offers being announced - the Blackpool bash (meh) and the free tickets for community club u12 and younger juniors - bit more significant
Is it all about transparency? An inquiry and if mismanagement is found then punishment. Is that what we are looking for?
Or do we just not want Wood to be involved? More specifically, do we want Wood to be formally exonerated by an inquiry before we accept him....
Would we be happier if it was announced all (non-director) creditors had been paid back? Is that what it would take? That would be a statement of intent. Would help calm my background fear that administration is still pending.
There are just too many questions without answers.

All valid questions. For me the club and the RFL cannot be separated and until a full independent investigation is undertaken into the RFL's involvement in:

a) purchasing the leasehold at Odsal - why did they do it really?, what was the due diligence?, did they know or had they even considered the ramifications such a decision would have on the club and their credit position?

b) the reasoning behind their choice of every owner that has failed since the first administration in 2012 - what bids were tabled? and why did they chose certain bids over others?

and c) what is the process involved in proving the successful bidders were fit and proper for owning a club? - what checks take place?, are they financially vetted?, is proof of funds verified?

Until all these questions are answered, I don't think anyone can have any trust whatsoever that the club is in safe hands, particularly as much of the recent poor history of the club has gone on when the game was in the stewardship of the majority shareholder.

Re: Bulls Takeover : Wed Nov 06, 2019 6:16 pm  

For committed, long suffering Bulls fans I guess this topic is their top priority, but looking at the wider struggles and future of the game I fear it is a soon to be forgotten side show. The Super league will increasingly be an international competition (Toronto, New York, France 2 etc) and only a handful of the current top UK teams will remain. The Bulls long ago missed their chance to get back on the ladder and the TV cheque book and the owners of the Wolfpack are in the driving seat. A reasonably competent RFL and a less self serving Super League might have had more control over the process but their incompetence has handed the wheel over to the disrupters.
Wondering how you get Tongan citizenship

Re: Bulls Takeover : Wed Nov 06, 2019 6:18 pm  

a) purchasing the leasehold at Odsal - why did they do it really?, what was the due diligence?, did they know or had they even considered the ramifications such a decision would have on the club and their credit position?

The answer to this is very simple.
The RFL had lent peter hood £750k which they were in danger of losing if the club went bust.
So by paying an additional 450k and spinning it as they did they covered their a***s

Re: Bulls Takeover : Wed Nov 06, 2019 9:43 pm  

Johnbulls wrote:

That was agreed weeks ago Mick,when the move to Dewsbury was finalised.So Mark Sawyer/The Rams were guaranteed that money.Why take it to the next level and get involved with our mess.I certainly dont buy the "I just wanted to help" rubbish been peddled about.Thats nearly as embarrassing as Eric Perez's nonsense "I fell.in love with Bradford Bulls ".Course you did Eric.

I know it was agreed ago back when we still had daylight at 8:00 pm but as Mark Sawyer said at the fans' forum - no one was willing to step in and save the club, and with the deal to move to Dewsbury in jeopardy IF the club ended up in administration, then you can see why Mark has stepped in on albeit in an advisory capacity.

Eric Perez is doing a lot of the day to day running through Tracey and Paul until the club finds a chief executive.

Did anyone in here seriously want the club to go under for a fifth time? I'd be surprised if that was the case.

Re: Bulls Takeover : Wed Nov 06, 2019 10:14 pm  

bulls2487 wrote: The club was already liquidated when Thorne came to an agreement with the administrator, he created a new business in Jan 2017. Like I said a bit of research helps That's actually somewhat of a fallacy, bulls2487. The truth is that it was Nigel Wood who on 3 January 2017 mistakenly announced to the press and media c/o a bogus press release that Marc Green's BBNL was 'liquidated' (see below): https://www.bbc.co.uk/sport/rugby-league/38418199 The truth is that BBNL entered into liquidation in February 2017, as evidenced on Companies House website. Everbody fell for the RFL's (or in reality Nigel's) charade. Worse still the RFL, and in particular Nigel, elected not to correct their blatant error. Why was this? Because it paved the way to allow the RFL's (and Nigel's) chosen one, Chalmers, to very shortly thereafter be gift wrapped the club, its remaining assets and an operating licence for zilch, and for BB17 to be incorporated on 13 January 2017. Given our RFL insider connection, 'we' have 100% proof of the above, but have been advised at this stage not to upload it on to a public forum. A court of law would be a far better place to make such a disclosure. Moreover, with the benefit of litigation privilege then 'we' would be suitably protected in respect of such disclosure and related assertions as part of for example any possible anticipated legal proceedings! Regardless of the above legal mumbo jumbo, the fact is that what happended to the Bulls, in particular towards the end of Marc Green's reign, was to all intents and purposes a scandal, and to date we have only hinted at circa 20% of the truth in this regard.

bulls2487 wrote: The club was already liquidated when Thorne came to an agreement with the administrator, he created a new business in Jan 2017. Like I said a bit of research helps That's actually somewhat of a fallacy, bulls2487. The truth is that it was Nigel Wood who on 3 January 2017 mistakenly announced to the press and media c/o a bogus press release that Marc Green's BBNL was 'liquidated' (see below): https://www.bbc.co.uk/sport/rugby-league/38418199 The truth is that BBNL entered into liquidation in February 2017, as evidenced on Companies House website. Everbody fell for the RFL's (or in reality Nigel's) charade. Worse still the RFL, and in particular Nigel, elected not to correct their blatant error. Why was this? Because it paved the way to allow the RFL's (and Nigel's) chosen one, Chalmers, to very shortly thereafter be gift wrapped the club, its remaining assets and an operating licence for zilch, and for BB17 to be incorporated on 13 January 2017. Given our RFL insider connection, 'we' have 100% proof of the above, but have been advised at this stage not to upload it on to a public forum. A court of law would be a far better place to make such a disclosure. Moreover, with the benefit of litigation privilege then 'we' would be suitably protected in respect of such disclosure and related assertions as part of for example any possible anticipated legal proceedings! Regardless of the above legal mumbo jumbo, the fact is that what happended to the Bulls, in particular towards the end of Marc Green's reign, was to all intents and purposes a scandal, and to date we have only hinted at circa 20% of the truth in this regard.

Re: Bulls Takeover : Wed Nov 06, 2019 10:37 pm  

bullinenemyland wrote:

All valid questions. For me the club and the RFL cannot be separated and until a full independent investigation is undertaken into the RFL's involvement in:

a) purchasing the leasehold at Odsal - why did they do it really?, what was the due diligence?, did they know or had they even considered the ramifications such a decision would have on the club and their credit position?

b) the reasoning behind their choice of every owner that has failed since the first administration in 2012 - what bids were tabled? and why did they chose certain bids over others?

and c) what is the process involved in proving the successful bidders were fit and proper for owning a club? - what checks take place?, are they financially vetted?, is proof of funds verified?

Until all these questions are answered, I don't think anyone can have any trust whatsoever that the club is in safe hands, particularly as much of the recent poor history of the club has gone on when the game was in the stewardship of the majority shareholder.

Well said - you've encapsulated everything that needs to be done.

Re: Bulls Takeover : Wed Nov 06, 2019 11:15 pm  

Rarebreed wrote:

Well said - you've encapsulated everything that needs to be done.

Question C was answered by Ken Jones on the full eighty minutes last year after the Shane Spencer scandal.