Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 8:31 am  

Trustafox wrote: Anyone knowledgeable in finance? Could the owner of this company be a realistic prospect for takeover? https://beta.companieshouse.gov.uk/comp ... download=0 No chance. They have published accounts...

Trustafox wrote: Anyone knowledgeable in finance? Could the owner of this company be a realistic prospect for takeover? https://beta.companieshouse.gov.uk/comp ... download=0 No chance. They have published accounts...

Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 8:32 am  

MicktheGled wrote:

Where have I said there's one remaining bid?

There are four bids currently on the table. Only that the administrator has decided to ignore the others and gone with the paymaster.

As long as he can demonstrate that the option he has selected offers the creditors the best deal then he has done nothing wrong. Although he made sound bytes about wanting to find the best option for a sustainable club, that is not his concern unless he can get a deal which does both

[Bullseye]

Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 8:34 am  

Has anyone actually presented any evidence that the bidders that have met with the RFL involve Green? I've not seen anything.

Has anyone got any evidence that the administrator has ignored other bids? I've not seen anything to prove that argument either.

Here's to another day of fun. Hopefully things will be sorted one way or another today.

Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 8:37 am  

PHILISAN wrote:

If the reporting is credible at all

It isn't. The information may yet prove to be credible (although I doubt it), but the reporting of it certainly isn't.

Bullseye wrote:

Has anyone actually presented any evidence that the bidders that have met with the RFL involve Green? I've not seen anything.

Has anyone got any evidence that the administrator has ignored other bids? I've not seen anything to prove that argument either.

All that has only come from one "source" from what I've seen, and it's one that if he told me the sea was wet, I'd go for a swim before I believed him.

Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 8:38 am  

James Deighton just said on Radio Leeds that basically nobody knows - it might be today it might not.

However, "they understand discussion revolve around a little bit more than just the leasehold but talks were productive yesterday".

[Bullseye]

Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 8:41 am  

Maccbull_BigBullyBooaza wrote:

James Deighton just said on Radio Leeds that basically nobody knows - it might be today it might not.

However, "they understand discussion revolve around a little bit more than just the leasehold but talks were productive yesterday".

That's quite positive IMO.

Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 8:56 am  

debaser wrote:

How can Lamb be tweeting that he is one of the bidders? Thought they had signed non-disclosure agreements.

Someone posted it a couple of pages back.

Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 8:59 am  

Bog standard empty threats of "if nobody buys the vlub by such and such time, the club will be liquidated" from the administrator. Sorry for stating the bleeding obviois but this is taking the p!ss now.

Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 9:03 am  

DrFeelgood wrote:

Bog standard empty threats of "if nobody buys the vlub by such and such time, the club will be liquidated" from the administrator. Sorry for stating the bleeding obviois but this is taking the p!ss now.

As fans, we're just getting frustrated and impatient about the delay. It's an annoyance and a worry, but not one that's going to really affect our lives. I feel for the players and staff more, as this really is affecting their livelihoods, and at the worst time of year for that to happen. For them, I would like a speedy resolution.

However I also still think I'd rather it go on another week or two and get a good resolution, than just give up and liquidate it now. I'm sure any player or staff member who wants to continue to be employed by Bradford Bulls would prefer that option too, even if it means another week or two of stress.

Re: Administration 3 - now in technicolour : Wed Dec 21, 2016 9:14 am  

Tricky2309 wrote:

As long as he can demonstrate that the option he has selected offers the creditors the best deal then he has done nothing wrong. Although he made sound bytes about wanting to find the best option for a sustainable club, that is not his concern unless he can get a deal which does both

You are the closest to the fact, though he doesn't even have to go that far. In his main task which is looking after the interests of the secured creditor who appoited him, all he has to do is not positively harm unsecured creditors. So as between creditors, it's not a level playing field, by any means. But, 75% of them do ultimately have to vote for any deal otherwise liquidation next stop.