Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 11:48 am  

As a Salford fan who came along with his 8 year old son to Odsal two days ago, I wish you all the best for the future.

Hope you can get something sorted out. I'd hate to have to explain to my son how such a good/big club is no longer playing The Greatest Game anymore...

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 11:53 am  

Really sorry to hear this and I genuinely feel for all the Bradford fans. You are part of a big club truly established within English RL.

From our experiences I offer my humble opinion:-

1. Don't pledge money to the existing board. They have continued to fail to deliver and the club is in a major mess. Pledging money to the current board would just be a stay of execution.

2. Swallow some pride and write off this season.

3. Go into administration and hope for a quick turnaround. Investors have been sniffing around your club in the past and some if not all will reappear.

4. With a clean balance sheet and reformed club it is easier to develop revenue streams with lower costs.

5. By next season or the year after you could be totally reformed with a stronger squad, plus new found faith from fans in a board/owner they can trust.

Admittedly it is very painful in the short term but long term it creates a brighter future.

Whilst the RFL will deduct points for administration, if you can write off the season in your mind it will be easier to take. Think ahead to next season. With 2 further years prior to the new franchise there is more opportunity for new owners to prove themselves.

Shares in a shareholders trust can give a shout but should, I think, only be pursued if you can get rid of the current board. Buying shares in the existing set up is just delaying what looks inevitable and you are likely to lose all your money.

I genuinely wish you well and know that the next few weeks will be very painful. Bradford are a great club and will rise again in some form or other.

Yours in RL, always.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 11:53 am  

Just got my letter asking for my pledge, nothing different really in it other than what's already been said, it does have the directors personal telephone numbers on their though. It reaffirms that if they get to the 1 million mark then we're debt free, it does however feel very much like marketing and heavily plays on the guilt factor that we owe it to our children, grand children etc

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 11:56 am  

We will, we will, rock you

Bully Bully


Bye Bye


Been wanting to say that for years

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 11:56 am  

There are letters? So they've had time to plan and prepare a mailshot? I know that's pretty easy to do but that gives me even less faith that these people don't have something to hide.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 11:57 am  

Northern Lad wrote:

Just got my letter asking for my pledge, nothing different really in it other than what's already been said, it does have the directors personal telephone numbers on their though. It reaffirms that if they get to the 1 million mark then we're debt free, it does however feel very much like marketing and heavily plays on the guilt factor that we owe it to our children, grand children etc

Give them a ring now then and ask where the f all the money has gone.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 11:57 am  

Forgive me, but I have not read the whole thread but wanted to post my thoughts here as well as previously on the WT board & the VT.

I think prominent Bulls posters and fans should strongly consider the option of urging fans NOT to support this measure and not give up some of their hard earned cash for the longer term good of the club.

Through my support of Newmarket & my friendships with Sandal, TRB and others prominent fans of Trinity, I accidental (for want of a better word) got a neutrals ring-side seat of the issues at Trinity and both what the fans and old management went through in trying to secure the future of the club, but also the future of the then current owners/management! I am not going to get into the whole Ted Richardson debate, as my personal dealings with Ted have always been friendly, open, honest and amicable, but it became clear to these closely involved fans that sticking your hand in your pocket might not be the best way to secure the long term future of the club because the management of that club are effectively responsible for the club being in that position in the first place (again, with all due respect to Ted). These Trinity fans in the main decided that the time had come to, unfortunately and regrettably that said, not to bail out the current management but to seek a fresh start even though in the short term that was going to be very painful and possibly even condemning themselves to lower league RL... but with a fresh start and fresh management!

I think anyone would now struggle to argue that that was not the correct decision. The club has a fresh, dynamic owner, no debt, a bright future and is most importantly being managed sustainably!

I think Bulls fans should keep their hands in their pockets with their money and prepare to take the club forward with a fresh future, even possibly outside of SL, than see your money almost certainly disappear down the drain with the existing management of the club!

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 11:58 am  

vbfg wrote:

There are letters? So they've had time to plan and prepare a mailshot? I know that's pretty easy to do but that gives me even less faith that these people don't have something to hide.

Yes. Indeed. When did they get the posting ready? And how much has it cost?
I'm getting more and more p!$$ed off now.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 11:59 am  

Blinking back tears, feel sick to the stomach.

We've been lied to by a devious man who I had started to build more faith in. What has happened to our once great club. I'm a student so I don't have much money but whatever I can get together will be put into the club. I have no faith in Mr Hood anymore, but I don't see any other option than to pledge at the minute. If another option comes available, great.

I'll be paying into the Leeds game.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 12:00 pm  

Really hope you come out of this as unscathed as possible, SL would be poorer without you. As undesirable as it is I can only see a few player sales happening to help raise money quickly enough, don't think you'll get there on donations alone and a takeover would more than likely take too long to do properly. It a shame RL players are not really paid enough for a voluntary wage cut to be an option as happened with Rangers.