FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!

   WWW.RLFANS.COM • View topic - Bulls Takeover
User avatar
RankPostsTeam
Player Coach4536
JoinedServiceReputation
Dec 31 200518 years252nd
OnlineLast PostLast Page
30th Jun 24 17:4422nd Jun 24 08:13LINK
Milestone Posts
2500
5000
Milestone Years
0510 1520 2530
Location
Bradford

Re: Bulls Takeover : Tue Oct 15, 2019 3:51 pm  
Ferocious Aardvark wrote:
I agree, which is why I spoke hypothetically.

"Admin error" is hardly convincing but we don't actually know, and so it might be. The big question is, whatever it was, could they fix it? I.e. where was the money, if not in the pension pot? Hopefully in a different separate pot somewhere, so we should hear shortly that was the case and everyone's pension is back on track. Though we haven't heard it yet - but as against that - when did we ever hear anything? Not often.


I agree, and I think I made the same point on this (or another) thread

If it really was an 'Admin Error' then simply correct it, and everything is cool. If it wasn't, and the money isn't there anymore, then it's not an 'error', it's a word we've been cautioned not to say on here. But it starts with an 'F' and ends with 'raud'.
RankPostsTeam
Club Captain339No
Team
Selected
JoinedServiceReputation
Aug 21 20168 years316th
OnlineLast PostLast Page
31st Aug 23 16:5313th Dec 22 22:10LINK
Milestone Posts
250
500
Milestone Years
0510 1520 2530

Re: Bulls Takeover : Tue Oct 15, 2019 5:47 pm  
New article on T and A website with CB talking to Simon Parker if someone wants to put it on here.Nothing that ground breaking apart from a 2 year plan to become debt free and CB had been in talks since March with AC.
User avatar
RankPostsTeam
Player Coach583
JoinedServiceReputation
Feb 23 200816 years316th
OnlineLast PostLast Page
16th Jan 23 13:1615th Jan 23 14:54LINK
Milestone Posts
500
1000
Milestone Years
0510 1520 2530

Re: Bulls Takeover : Tue Oct 15, 2019 6:02 pm  
THE man hoping to buy the Bulls insists that the club will live within their means under his watch.

Chris Brereton is leading the consortium looking to take over from chairman Andrew Chalmers and rescue them from the latest financial turmoil.

The club are understood to owe more than £500,000 to creditors and are faced with losing players to help pay off the debts.

Brereton insists belts will be tightened if he takes charge as part of a four-point action plan similar to the one he implemented with Michael Carter at Wakefield in 2013 – with a view to getting the Bulls debt-free within a couple of years.

Speaking exclusively to the Telegraph & Argus, Brereton said: “It’s just like any business, it’s got to live within its means.

“Because there’s a ball involved, people like to forget about that but unfortunately PAYE and VAT don’t. It’s a business and can only spend money that it earns.

“If you’ve got difficulty in accepting that, then somebody else needs to step forward.

“I can’t attempt running a business that you know full well from day one you’re going to lose money. Our aim would be four-fold.

“We want to trade through the club’s present position and try and get it debt free within a couple of years.

“We’ll try to keep the club in the Championship or hopefully above and deliver to Bradford a rugby league club it can sustain.

“The definition of insanity is doing the same thing over and over again and then being surprised and disappointed at the result. Somebody has got to break that cycle.

“When we went into Wakefield, I didn’t find a window or a till that was open. Tenners weren’t blowing out the window.

“We didn’t find a tap or a boiler that’s been left on. It was just spending too much money on players – that’s where it all goes.”

The potential buy-out still has to go before the RFL board for approval and Brereton confirmed that negotiations are on-going.

“We’re waiting for a couple of things from Andrew,” he added.

“I’m not so sure we’ll be able to get it over the line this week but maybe the middle of next week.”

That could coincide with the two fans forums set up for Tuesday and Wednesday at Dewsbury’s Tetley’s Stadium, where the Bulls will be based next year.

Brereton has no interest in the limelight if he takes over but feels it is important to address the concerns of the supporters.

He said: “So much negativity was out there and we felt we had to call them in and just give them one voice.

“This started for me in March when I offered to give assistance to Andrew. I absolutely did not go looking to be taking over another ailing rugby league club.

“But I do think it’s got some potential. I put on over 100 first-team events on at Belle Vue and we never got a crowd of over 7,500, and that includes the Million Pound Game against Bradford.

“Bradford have had two crowds in excess of that last season. Obviously, there was an unusual event of playing Leeds in the Challenge Cup but it does show that the support is there.

“They’ve just been beaten up a bit too much really.”
User avatar
RankPostsTeam
Player Coach7239No
Team
Selected
JoinedServiceReputation
Apr 26 200519 yearsN/A
OnlineLast PostLast Page
1st Feb 24 11:2014th Feb 20 15:28LINK
Milestone Posts
5000
10000
Milestone Years
0510 1520 2530
Location
Halifax (ne Bradford)
Signature
The views in this post are mine and mine alone. Unless stated otherwise, they do not reflect the views of any company or entity I am associated with.

Re: Bulls Takeover : Tue Oct 15, 2019 6:41 pm  
£500,000 worth of debt. Remember when people were saying the only reason for the special measures was the RFL doing it out of spite for moving out of Odsal? I think that's been proven well and truly wrong now eh?
The RFL may have a lot to answer for over the start of Chalmers' journey, but it sounds like stopping the club spending even more money on players when they weren't paying their bills was doing the right thing.
Mr Dog 
RankPostsTeam
Club Coach1256No
Team
Selected
JoinedServiceReputation
Apr 02 200420 years312th
OnlineLast PostLast Page
27th May 24 15:5028th Oct 23 10:19LINK
Milestone Posts
1000
2500
Milestone Years
0510 1520 2530
Location
Not there

Re: Bulls Takeover : Tue Oct 15, 2019 6:51 pm  
DILLIGAF wrote:
£500,000 worth of debt. Remember when people were saying the only reason for the special measures was the RFL doing it out of spite for moving out of Odsal? I think that's been proven well and truly wrong now eh?
The RFL may have a lot to answer for over the start of Chalmers' journey, but it sounds like stopping the club spending even more money on players when they weren't paying their bills was doing the right thing.


The club's published accounts showed debts of some £790k, with net liabilities of £580k, on Jan 31st 2018. Can't see how those figures will have improved significantly in the 20 months since then.
User avatar
RankPostsTeam
Player Coach9020No
Team
Selected
JoinedServiceReputation
Mar 03 200519 years182nd
OnlineLast PostLast Page
30th Jun 24 18:3930th Jun 24 18:37LINK
Milestone Posts
5000
10000
Milestone Years
0510 1520 2530
Location
Odsal Stadium

Re: Bulls Takeover : Tue Oct 15, 2019 7:43 pm  
I fully expect the new potential owners are wanting some sort of supporter led vehicle to raise funds. I don't see why anyone would hold a fans forum BEFORE they've actually taken over.
User avatar
RankPostsTeam
Player Coach4536
JoinedServiceReputation
Dec 31 200518 years252nd
OnlineLast PostLast Page
30th Jun 24 17:4422nd Jun 24 08:13LINK
Milestone Posts
2500
5000
Milestone Years
0510 1520 2530
Location
Bradford

Re: Bulls Takeover : Tue Oct 15, 2019 8:00 pm  
On the face of it, there's not a lot to disagree with in the T&A piece.

In particular

It’s a business and can only spend money that it earns. If you’ve got difficulty in accepting that, then somebody else needs to step forward.


It looks inevitable that we will going fully part-time, which means that the full time players will be leaving. I take that from his indications about 'living within our means', not from inside knowledge.

So long as we don't get a point deduction (and ti doesn't sound like we are going into Admin) and so long as we keep John Kear, then I see no reason why we shouldn't be in a position to pull together a squad that survives next season in the Championship. I don't think Whitehaven or Oldham will be pulling up any trees next season, so avoiding the drop should be feasible.

Noted that the report said nothing about Odsal, beyond the hint that the 'new shop' might actually be the old shop. So who knows...
User avatar
RankPostsTeam
Player Coach7239No
Team
Selected
JoinedServiceReputation
Apr 26 200519 yearsN/A
OnlineLast PostLast Page
1st Feb 24 11:2014th Feb 20 15:28LINK
Milestone Posts
5000
10000
Milestone Years
0510 1520 2530
Location
Halifax (ne Bradford)
Signature
The views in this post are mine and mine alone. Unless stated otherwise, they do not reflect the views of any company or entity I am associated with.

Re: Bulls Takeover : Tue Oct 15, 2019 8:03 pm  
Bully_Boxer wrote:
I fully expect the new potential owners are wanting some sort of supporter led vehicle to raise funds. I don't see why anyone would hold a fans forum BEFORE they've actually taken over.


The same thought has crossed my mind. I can fully see a plea of "If you want a club, we need you to pay for it" with bells, whistles and glitter on.

Maybe I'm just being cynical after we've heard so many previous owners say similar and try to squeeze as much out of every fan as possible, but I don't see what other plan they may have.

Sufficed to say as much as I've said I'll give a new owner a chance, if that's how it starts I'll be out again before I'm back.
RankPostsTeam
International Star738No
Team
Selected
JoinedServiceReputation
Jul 24 201410 years270th
OnlineLast PostLast Page
18th Jan 24 23:0923rd Nov 22 10:35LINK
Milestone Posts
500
1000
Milestone Years
0510 1520 2530

Re: Bulls Takeover : Tue Oct 15, 2019 8:10 pm  
DILLIGAF wrote:
The same thought has crossed my mind. I can fully see a plea of "If you want a club, we need you to pay for it" with bells, whistles and glitter on.

Maybe I'm just being cynical after we've heard so many previous owners say similar and try to squeeze as much out of every fan as possible, but I don't see what other plan they may have.

Sufficed to say as much as I've said I'll give a new owner a chance, if that's how it starts I'll be out again before I'm back.


I have a feeling it will be something like majority of part time clubs do, raise funds for signings etc has worked particular well for Halifax and Fev amongst others.
RankPostsTeam
Player Coach2035
JoinedServiceReputation
Nov 28 200915 years278th
OnlineLast PostLast Page
30th Jun 24 21:3421st May 24 16:23LINK
Milestone Posts
1000
2500
Milestone Years
0510 1520 2530
Location
Mirfield

Re: Bulls Takeover : Tue Oct 15, 2019 8:40 pm  
As a club we seem to be in dire straits. This guy has come in, seemingly the only option, he has a reputation of getting clubs in similar positions back to life but hasn’t by his own admission, apparently got the financial clout to write a cheque to get rid of the debts. Whilst its tough on the fans, they need us now more than ever so if a scheme akin to what other clubs run, very successfully, is a big support to the owner is this unreasonable? IMO we have only two other options, liquidation or admin
PreviousNext

Who is online

Users browsing this forum: bull on a canary, Bullsmad, financialtimes, Scarey71 and 244 guests

REPLY

Subject: 
Message:
   
Please note using apple style emoji's can result in posting failures.
Use the FULL EDITOR to better format content or upload images, be notified of replies etc...

Return to Bradford Bulls


RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
7m
ALL NEW 49ERS ERA LEEDS UTD THREAD
Trebor1
1829
18m
Super League form rewarded as Wane names squad to travel to Toulouse
Mark_P1973
42
20m
Game - Song Titles
Shinedown
37820
22m
BORED The Band Name Game
Shinedown
60006
47m
Jayden Okunbor
Hullrealist
62
53m
2024 Southstandercom Prediction Competition Week 16
Rhino46
8
56m
Our next 2 meetings
H.G.S.A
1
Recent
Barrow
wrencat1873
50
Recent
Shopping list for 2025
ColD
2923
Recent
Rumours and signings v9
CobraCraig
28575
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
59s
Our next 2 meetings
H.G.S.A
1
59s
Transfer Talk / Rumour thread V4
Jrrhino
9246
1m
International
Wires71
33
1m
Shopping list for 2025
ColD
2923
1m
Dewsbury away
Highlander
13
2m
Rumours and signings v9
CobraCraig
28575
3m
Wakefield Trinity Register Thirteenth Win Of The Season With Victory Over Barrow
RLFANS News
1
6m
2024 Southstandercom Prediction Competition Week 16
Rhino46
8
10m
Reserves v London
homme vaste
7
10m
Leaving players
Murphy
26
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Our next 2 meetings
H.G.S.A
1
TODAY
Lee Briers
karetaker
1
TODAY
Wakefield Trinity Register Thirteenth Win Of The Season With Victory Over Barrow
RLFANS News
1
TODAY
Academy Origin
Hasbag
2
TODAY
Catalan Away
B0NES
5
TODAY
Englands Youngsters Beat France With Ease Despite Early Scare
RLFANS News
1
TODAY
Reserves v London
homme vaste
7
TODAY
Big Win for England Women Over France in Toulouse
RLFANS News
1
TODAY
Dewsbury away
Highlander
13
TODAY
Olly Russell 4 year deal
PopTart
26
TODAY
SuperLeague Plus Fixtures
karetaker
3
TODAY
A good signing for the Robins
Huddersfield
1
TODAY
International
Wires71
33
TODAY
Halifax v Whitehaven
faxcar
9
TODAY
Jayden Okunbor
Hullrealist
62
TODAY
Kevin Sinfield event
Wollo-Wollo-
1
TODAY
Red Devils appoint development manager in Ghana
Huddersfield
1
TODAY
Leopards sign Newcastle Knights full back
Huddersfield
1
TODAY
2024 State of Origin - Game 2 Contains Spoilers
RLFANS News
1
TODAY
David Armstrong For 2025
J7P1
21
TODAY
New Structure for 2025 Challenge Cup
RLFANS News
1
NEWS ITEMS
VIEWS
Wakefield Trinity Register Thi..
498
Englands Youngsters Beat Franc..
302
Big Win for England Women Over..
291
2024 State of Origin - Game 2 ..
692
New Structure for 2025 Challen..
693
Super League form rewarded as ..
1053
Superb Salford Complete Histor..
912
Catalans Dragons Survive Secon..
793
Warrington Wolves Snatch Late ..
924
Spirit of Rob Burrow Inspires ..
1130
Hull KR Drop Goal Secures Win ..
1319
St Helens Break Fifty As They ..
1412
Leigh Leopards Resurgence Clai..
1514
Hull FC Get Second Win By Beat..
1220
Super Salford First Half Slays..
1419
RLFANS Match Centre
Matches on TV
Wed 17th Jul
SOO
11:05
Queensland-New South Wales
Sat 17th Aug
SL
18:00
Warrington-Leeds
SL
15:30
Wigan-St.Helens
SL
13:00
Hull FC-LondonB
Sun 18th Aug
SL
13:00
Leigh-Salford
SL
15:30
Catalans-Hull KR
SL
18:00
Huddersfield-Castleford
Sun 27th Oct
MINT2024
14:30
England M-Samoa M
Sat 2nd Nov
MINT2024
14:30
England M-Samoa M
Sun 30th Jun
CH13 Barrow0-36Wakefield
CH 13 Dewsbury12-38Bradford
CH 13 Halifax38-18Whitehaven
CH 13 Widnes16-24Batley
CH 13 York10-18Sheffield
L1 13 Cornwall10-16Crusaders
L1 13 Newcastle10-44Midlands
L1 13 Oldham30-6Hunslet
L1 13 Workington18-37Keighley
NRL 17 St.George26-6Dolphins
NRL 17 Penrith6-16NQL Cowboys
NRL 17 Sydney40-6Wests
Sat 29th Jun
CH 13 Toulouse20-0Featherstone
CH 13 Doncaster18-8Swinton
NRL 17 NZ Warriors32-16Brisbane
NRL 17 Newcastle34-26Parramatta
NRL 17 Melbourne16-6Canberra
MINT2024 1 France M8-40England M
WINT2024 1 FRANCE W0-42ENGLAND W
Fri 28th Jun
NRL 17 Canterbury15-14Cronulla
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 14 403 164 239 24
St.Helens 15 423 162 261 22
Hull KR 15 383 201 182 22
Warrington 15 358 213 145 20
Salford 15 295 288 7 20
Catalans 15 288 220 68 18
 
Leeds 15 274 270 4 16
Huddersfield 15 298 317 -19 12
Leigh 14 264 226 38 11
Castleford 15 238 429 -191 7
Hull FC 15 198 474 -276 4
LondonB 15 140 598 -458 2
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 13 486 142 344 26
Sheffield 13 354 217 137 20
Bradford 13 341 218 123 18
Toulouse 12 332 174 158 16
Widnes 13 315 245 70 15
Featherstone 13 330 283 47 12
 
Batley 13 205 286 -81 12
Doncaster 13 237 325 -88 11
York 14 285 293 -8 10
Whitehaven 13 266 358 -92 10
Halifax 13 270 377 -107 10
Barrow 12 203 339 -136 10
Swinton 13 260 332 -72 8
Dewsbury 14 168 419 -251 2
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
7m
ALL NEW 49ERS ERA LEEDS UTD THREAD
Trebor1
1829
18m
Super League form rewarded as Wane names squad to travel to Toulouse
Mark_P1973
42
20m
Game - Song Titles
Shinedown
37820
22m
BORED The Band Name Game
Shinedown
60006
47m
Jayden Okunbor
Hullrealist
62
53m
2024 Southstandercom Prediction Competition Week 16
Rhino46
8
56m
Our next 2 meetings
H.G.S.A
1
Recent
Barrow
wrencat1873
50
Recent
Shopping list for 2025
ColD
2923
Recent
Rumours and signings v9
CobraCraig
28575
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
59s
Our next 2 meetings
H.G.S.A
1
59s
Transfer Talk / Rumour thread V4
Jrrhino
9246
1m
International
Wires71
33
1m
Shopping list for 2025
ColD
2923
1m
Dewsbury away
Highlander
13
2m
Rumours and signings v9
CobraCraig
28575
3m
Wakefield Trinity Register Thirteenth Win Of The Season With Victory Over Barrow
RLFANS News
1
6m
2024 Southstandercom Prediction Competition Week 16
Rhino46
8
10m
Reserves v London
homme vaste
7
10m
Leaving players
Murphy
26
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Our next 2 meetings
H.G.S.A
1
TODAY
Lee Briers
karetaker
1
TODAY
Wakefield Trinity Register Thirteenth Win Of The Season With Victory Over Barrow
RLFANS News
1
TODAY
Academy Origin
Hasbag
2
TODAY
Catalan Away
B0NES
5
TODAY
Englands Youngsters Beat France With Ease Despite Early Scare
RLFANS News
1
TODAY
Reserves v London
homme vaste
7
TODAY
Big Win for England Women Over France in Toulouse
RLFANS News
1
TODAY
Dewsbury away
Highlander
13
TODAY
Olly Russell 4 year deal
PopTart
26
TODAY
SuperLeague Plus Fixtures
karetaker
3
TODAY
A good signing for the Robins
Huddersfield
1
TODAY
International
Wires71
33
TODAY
Halifax v Whitehaven
faxcar
9
TODAY
Jayden Okunbor
Hullrealist
62
TODAY
Kevin Sinfield event
Wollo-Wollo-
1
TODAY
Red Devils appoint development manager in Ghana
Huddersfield
1
TODAY
Leopards sign Newcastle Knights full back
Huddersfield
1
TODAY
2024 State of Origin - Game 2 Contains Spoilers
RLFANS News
1
TODAY
David Armstrong For 2025
J7P1
21
TODAY
New Structure for 2025 Challenge Cup
RLFANS News
1
NEWS ITEMS
VIEWS
Wakefield Trinity Register Thi..
498
Englands Youngsters Beat Franc..
302
Big Win for England Women Over..
291
2024 State of Origin - Game 2 ..
692
New Structure for 2025 Challen..
693
Super League form rewarded as ..
1053
Superb Salford Complete Histor..
912
Catalans Dragons Survive Secon..
793
Warrington Wolves Snatch Late ..
924
Spirit of Rob Burrow Inspires ..
1130
Hull KR Drop Goal Secures Win ..
1319
St Helens Break Fifty As They ..
1412
Leigh Leopards Resurgence Clai..
1514
Hull FC Get Second Win By Beat..
1220
Super Salford First Half Slays..
1419


Visit the RLFANS.COM SHOP
for more merchandise!