FORUMS FORUMS






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

   WWW.RLFANS.COM • View topic - Bulls Takeover
User avatar
RankPostsTeam
Player Coach4558
JoinedServiceReputation
Dec 31 200519 years269th
OnlineLast PostLast Page
24th Nov 24 11:3815th Nov 24 12:49LINK
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 years340th
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 200817 years340th
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
Club Coach7239No
Team
Selected
JoinedServiceReputation
Apr 26 200520 yearsN/A
OnlineLast PostLast Page
16th Aug 24 07:4814th 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 Owner1276No
Team
Selected
JoinedServiceReputation
Apr 02 200421 years330th
OnlineLast PostLast Page
21st Nov 24 22:2112th Nov 24 18:01LINK
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
Club Coach9154No
Team
Selected
JoinedServiceReputation
Mar 03 200520 years179th
OnlineLast PostLast Page
24th Nov 24 23:5315th Nov 24 12:21LINK
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 Coach4558
JoinedServiceReputation
Dec 31 200519 years269th
OnlineLast PostLast Page
24th Nov 24 11:3815th Nov 24 12:49LINK
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
Club Coach7239No
Team
Selected
JoinedServiceReputation
Apr 26 200520 yearsN/A
OnlineLast PostLast Page
16th Aug 24 07:4814th 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 years294th
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 Coach2050
JoinedServiceReputation
Nov 28 200915 years302nd
OnlineLast PostLast Page
25th Nov 24 08:3322nd Nov 24 20:15LINK
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: childofthenorthern, Peter Goddard and 109 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
2m
Salford
karetaker
38
12m
Salary Cap Changes Blocked - 11 votes to 1
MattyB
2
20m
Fixtures 2025
Bullseye
2
34m
745 Game
Bobtownrhino
5
42m
Spirit of the Rhinos
rugbyleague8
3
Recent
Shopping list for 2025
hull2524
5586
Recent
Salford placed in special measures
Big lads mat
100
Recent
ALL NEW 49ERS ERA LEEDS UTD THREAD
Trebor1
2606
Recent
Game - Song Titles
Wanderer
40758
Recent
BORED The Band Name Game
Wanderer
63251
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
1m
Film game
karetaker
5707
1m
Squad 2025
Miserybusine
64
2m
Salary Cap Changes Blocked - 11 votes to 1
MattyB
2
2m
Fixtures 2025
Bullseye
2
2m
Accounts
Tony Fax
141
3m
Its all gone a bit quiet
Victor
25
3m
2025 Shirt
Warrior Wing
20
3m
745 Game
Bobtownrhino
5
4m
Spirit of the Rhinos
rugbyleague8
3
9m
2025 Betfred Super League Fixtures
MjM
19
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Salary Cap Changes Blocked - 11 votes to 1
MattyB
2
TODAY
Fixtures 2025
Bullseye
2
TODAY
Spirit of the Rhinos
rugbyleague8
3
TODAY
Mike Ogunwole
Wanderer
1
TODAY
Bailey Dawson
Wanderer
1
TODAY
2024
REDWHITEANDB
14
TODAY
Dan Norman Retires
Cokey
1
TODAY
How many games will we win
Willzay
33
TODAY
Leigh Leopards - 2025 Fixtures
Bent&Bon
6
TODAY
Catalan Away
Dannyboywt1
6
TODAY
2025 Betfred Super League Fixtures
RLFANS News
1
TODAY
2025 fixtures
Smiffy27
15
TODAY
Fixtures
Willzay
13
TODAY
Salford
karetaker
38
TODAY
WCC Off
Choc Ice
11
TODAY
Leeds away first up
FIL
50
TODAY
Jake McLoughlin
Wanderer
1
NEWS ITEMS
VIEWS
2025 Betfred Super League Fixt..
1008
Magic Weekend 2025 - Back To N..
621
England Beat Samoa To Take Tes..
1352
England's Women Demolish The W..
1177
England Beat Samoa Comfortably..
1415
Operational Rules Tribunal –..
1205
IMG-RFL club gradings released..
1459
Wakefield Trinity Win Champion..
2004
Hunslet Secure Promotion After..
2207
Trinity Into Play Off Final Af..
2454
Wigan Warriors Crowned Champio..
2017
York Valkyrie Win Back to Back..
2259
Hunslet Book Relegation Play O..
2727
Penrith Panthers Secure Fourth..
2151
Wigan Humiliate Leigh For Gran..
2229
RLFANS Match Centre
Matches on TV
Thu 13th Feb
SL
20:00
Wigan-Leigh
Fri 14th Feb
SL
20:00
Hull KR-Castleford
SL
20:00
Catalans-Hull FC
Sat 15th Feb
SL
15:00
Leeds - Wakefield
SL
17:30
St.Helens-Salford
Sun 16th Feb
SL
15:00
Huddersfield-Warrington
Thu 20th Feb
SL
20:00
Wakefield - Hull KR
Fri 21st Feb
SL
20:00
Warrington-Catalans
SL
20:00
Hull FC-Wigan
Sat 22nd Feb
SL
15:00
Salford-Leeds
SL
20:00
Castleford-St.Helens
Sun 23rd Feb
SL
14:30
Leigh-Huddersfield
Thu 6th Mar
SL
20:00
Hull FC-Leigh
Fri 7th Mar
SL
20:00
Castleford-Salford
SL
20:00
St.Helens-Hull KR
Sat 8th Mar
SL
17:30
Catalans-Leeds
Sun 9th Mar
SL
17:30
Warrington - Wakefield
SL
17:30
Wigan-Huddersfield
Thu 20th Mar
SL
20:00
Salford-Huddersfield
Fri 21st Mar
SL
20:00
St.Helens-Warrington
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 29 768 338 430 48
Hull KR 29 731 344 387 44
Warrington 29 769 351 418 42
Leigh 29 580 442 138 33
Salford 28 556 561 -5 32
St.Helens 28 618 411 207 30
 
Catalans 27 475 427 48 30
Leeds 27 530 488 42 28
Huddersfield 27 468 658 -190 20
Castleford 27 425 735 -310 15
Hull FC 27 328 894 -566 6
LondonB 27 317 916 -599 6
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 27 1032 275 757 52
Toulouse 26 765 388 377 37
Bradford 28 723 420 303 36
York 29 695 501 194 32
Widnes 27 561 502 59 29
Featherstone 27 634 525 109 28
 
Sheffield 26 626 526 100 28
Doncaster 26 498 619 -121 25
Halifax 26 509 650 -141 22
Batley 26 422 591 -169 22
Swinton 28 484 676 -192 20
Barrow 25 442 720 -278 19
Whitehaven 25 437 826 -389 18
Dewsbury 27 348 879 -531 4
Hunslet 1 6 10 -4 0
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
2m
Salford
karetaker
38
12m
Salary Cap Changes Blocked - 11 votes to 1
MattyB
2
20m
Fixtures 2025
Bullseye
2
34m
745 Game
Bobtownrhino
5
42m
Spirit of the Rhinos
rugbyleague8
3
Recent
Shopping list for 2025
hull2524
5586
Recent
Salford placed in special measures
Big lads mat
100
Recent
ALL NEW 49ERS ERA LEEDS UTD THREAD
Trebor1
2606
Recent
Game - Song Titles
Wanderer
40758
Recent
BORED The Band Name Game
Wanderer
63251
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
1m
Film game
karetaker
5707
1m
Squad 2025
Miserybusine
64
2m
Salary Cap Changes Blocked - 11 votes to 1
MattyB
2
2m
Fixtures 2025
Bullseye
2
2m
Accounts
Tony Fax
141
3m
Its all gone a bit quiet
Victor
25
3m
2025 Shirt
Warrior Wing
20
3m
745 Game
Bobtownrhino
5
4m
Spirit of the Rhinos
rugbyleague8
3
9m
2025 Betfred Super League Fixtures
MjM
19
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Salary Cap Changes Blocked - 11 votes to 1
MattyB
2
TODAY
Fixtures 2025
Bullseye
2
TODAY
Spirit of the Rhinos
rugbyleague8
3
TODAY
Mike Ogunwole
Wanderer
1
TODAY
Bailey Dawson
Wanderer
1
TODAY
2024
REDWHITEANDB
14
TODAY
Dan Norman Retires
Cokey
1
TODAY
How many games will we win
Willzay
33
TODAY
Leigh Leopards - 2025 Fixtures
Bent&Bon
6
TODAY
Catalan Away
Dannyboywt1
6
TODAY
2025 Betfred Super League Fixtures
RLFANS News
1
TODAY
2025 fixtures
Smiffy27
15
TODAY
Fixtures
Willzay
13
TODAY
Salford
karetaker
38
TODAY
WCC Off
Choc Ice
11
TODAY
Leeds away first up
FIL
50
TODAY
Jake McLoughlin
Wanderer
1
NEWS ITEMS
VIEWS
2025 Betfred Super League Fixt..
1008
Magic Weekend 2025 - Back To N..
621
England Beat Samoa To Take Tes..
1352
England's Women Demolish The W..
1177
England Beat Samoa Comfortably..
1415
Operational Rules Tribunal –..
1205
IMG-RFL club gradings released..
1459
Wakefield Trinity Win Champion..
2004
Hunslet Secure Promotion After..
2207
Trinity Into Play Off Final Af..
2454
Wigan Warriors Crowned Champio..
2017
York Valkyrie Win Back to Back..
2259
Hunslet Book Relegation Play O..
2727
Penrith Panthers Secure Fourth..
2151
Wigan Humiliate Leigh For Gran..
2229


Visit the RLFANS.COM SHOP
for more merchandise!