Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 12:53 pm  

Let's worry about the other 500k next week (if we don't do it this week - I'm still confident we can take a big chunk out of it). That's where the board come in. They're gone either way (new owners or admin) so might as well let them give it their best shot at securing option 1.

You should always aim for the best option IMO until it's out of reach and right now there's plenty of people out there that can still pledge. Maybe today's press reports might push them into it?

Then there's the auction. It could be that people with real money to spend are waiting to see what they can pick up on Thursday?

It aint over 'til it's over!

As much as I'd love to see RBS and the tax man get screwed admin is not the best outcome of all this. That for me is that we get over this cashflow problem the board then enjoy success growing the club and we end up challenging again in the near future with top academy products doing the business on the pitch. That's why I've pledged, bought virtual tickets and paid extra to have my car washed. It's all a gamble and maybe I'll end up losing. But I tell you what the returns are more than worth it if I win and not only that I've not experienced this camaraderie and closeness between everyone at the club and the fans in a long time just by jumping on board. It'll be the same on Friday by buying in to this concept I'll have a great night on Friday.

Saturday and the future can wait.

Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 1:12 pm  

is there any news on current total.i think up to friday it was about 193,000 then 250,000 was mentioned over the weekend but seems to have gone quiet.hope they are holding back on info a bit for a big announcement come saturday.

Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 1:13 pm  

It's back below 250,000.

Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 1:17 pm  

Highlander wrote:

I've been thinking. A few musings.

The RFL are coming out of this very well at the moment.

Alternatively the RFL could have a long lease & no possible other tenant. Which could be catastrophic, unless an alternative use for the ground could be secured, which could take years to realise. I doubt any on here know the terms of the head lease & what the RFL could expect from any deal not related to RL?

Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 1:20 pm  

tigertot wrote:

Alternatively the RFL could have a long lease & no possible other tenant. Which could be catastrophic, unless an alternative use for the ground could be secured, which could take years to realise. I doubt any on here know the terms of the head lease & what the RFL could expect from any deal not related to RL?

I suspect the Council would pay them a respectable sum of money to surrender the head lease. Probably only a few million, I concede.

Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 1:51 pm  

Adeybull wrote:

I suspect the Council would pay them a respectable sum of money to surrender the head lease. Probably only a few million, I concede.

So all in all, a good bit of business for the RFL.

Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 1:54 pm  

Adeybull wrote:

I suspect the Council would pay them a respectable sum of money to surrender the head lease. Probably only a few million, I concede.

But they won't give/lend any money to the Bulls?

Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 1:59 pm  

So what incentive do the RFL have to save us? They get a windfall if we go out of business.

Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 2:02 pm  

hi de hi wrote:

But they won't give/lend any money to the Bulls?

No.

The other clubs would go ballistic.

Read Craven's YP piece. That material did not just appear out of thin air.

Re: Peter Hood says Bulls on brink of going bust. : Tue Apr 03, 2012 2:05 pm  

hi de hi wrote:

But they won't give/lend any money to the Bulls?

What state would you be in if those heartless bsatards at the RFL hadn't bought out your head lease?