Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 10:57 am  

RickyF1 wrote:

Aaron Bower on twitter

Likely to be a statement from the administrators of Bradford later today confirming that the bid that was on the table has been rejected.

Who by? I thought he had to put the bid to the creditors?

Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 10:59 am  

Bull Mania wrote:

Well Andrew Chalmers is out of the race.

Sadler says he expects a statement today.

Sadler also said last week that he expected everything to be signed on Tuesday. It's now Thursday.

Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 11:01 am  

Quite a few media people are saying the bid has been rejected. Gulp!

Whether some have put 2 and 2 together because Chalmers is out of the running i dont know.

Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 11:03 am  

Bull Mania wrote:

Quite a few media people are saying the bid has been rejected. Gulp!

Looking at Twitter, it seems to me that Sadler tweeted that, then other League Express and T&A journos essentially just repeated his statement. Could easily all just be from the fact Sadler has been told Chalmers' bid has been rejected.

As usual, take all with pinch of salt until something is announced properly.

Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 11:04 am  

so is the process now, bidder to make a formal bid for the club, administrator to accept the bid - if all creditors and administrator paid in full then club sold. if creditors not paid in full do they hold a meeting to get the required 75%...???? Bidder also to offer the required amount the RFL want for the lease. still a lot of loose ends to tie up

Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 11:05 am  

Bad times. Players are now asking reporters questions.

I fear for the players and staff. How can the press reports everything good and then now say it's off.

Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 11:05 am  

wonder if this is what franks comment about a long way back meant?. RFL allow administrator to liquidate us to get rid of Greens influence on process, then phoenix club with rfl's preferred bidder, possibly having to sit out next yr, start in league 1 or championship with 12 pt deduction.

Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 11:06 am  

RickyF1 wrote:

How can the press reports everything good and then now say it's off.

Because they've got as much clue as the rest of us but are being constantly asked questions by people so feel they have to comment.

It's like Gledhill but dialled down a bit.

[Bullseye]

Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 11:07 am  

Re: Administration 3 - now in technicolour : Thu Dec 29, 2016 11:07 am  

Think we're going to find out shortly anyway. Could be curtains...