Re: Did the lease deal reduce our overdraft capability??? : Tue Mar 27, 2012 8:55 am  

The Neighbour wrote:

Banks consider lots of variables when considering borrowing amounts. Did Mr Hood and Co not do their due diligence on the affect the lease deal would have on borrowing!!!

We are in a pitiful state!!


The Neighbour

My guess is that the bank didn't know we owed huge sums to the RFL. When the deal was done they expected a big cash injection and when it didn't arrive they dropped the overdraft. This smacks of a bank who feel they've been misled.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 8:55 am  

Adeybull wrote:

Not unless a way can be found of not handing over £1 in every £6 to the VATman, I suggest?

Surely its still better than what we'd have otherwise? Even with the deduction. I hope the club are currently cold calling every medium to large company in Bradford asking for donations in return for free tickets/free advertising etc. Anyone called Ken this morning?

shocking state of affairs.


BTW, on the pledge form online there are multiple options for the amount you want to pledge, starting with "up to £50" so its not a blanket £100, just whatever you can afford.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 8:56 am  

I know how they feel !

[Bullseye]

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 8:57 am  

Personally I'd be happy to put some money in, and possibly more than £100 if I were getting shares in return.

I fear the deadline is too close to raise what the club are saying they need. It's been sprung on us too quickly and there are heaps of unanswered questions.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 8:57 am  

Making Leeds game all ticket is defo a good idea. No concessions for anybody and lets have a show of force.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 8:58 am  

Adeybull wrote:

Except...1/6 of that would go in VAT.

And I suspect it would be a very big ask for some families.

But the concept may have legs.

Donate rather than purchase?

Not sure how it works, but either way a much needed cash boost.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 8:58 am  

This is some what like putting lifeboats on the now rusting Titanic at the bottom of the sea! I mean it would have been bad enough coming out and saying we need £1m by the end of the season, but in less than 2 weeks come on! I get the feeling this would be like sitting in the garden throwing £5 notes on a fire!

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 9:00 am  

hoppy wrote:

Making Leeds game all ticket is defo a good idea. No concessions for anybody and lets have a show of force.

make it a minmum of £20 but suggest to pay what want over that as a donation. If it might be our last home game it really doesn't matter if the idea dosn't work, got to take a shot. And I suspect people will prefer to spend more to watch a game than seemingly throw it to the wind, at least you get a game to watch for your cash.

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 9:00 am  

Maybe we should look at it as paying a normal season ticket price with the extra £100.00. We had one season of cheap tickets, did'nt work so there asking for what would be about the right price

Re: Peter Hood says Bulls on brink of going bust. : Tue Mar 27, 2012 9:01 am  

Sensei-Bull wrote:

Donate rather than purchase?

Not sure how it works.

That needs to be the route. Donations cannot be compulsory, though, so they would have to rely on very strong moral/peer pressure instead. And, for heaven's sake, make sure the mechanism was cleared by a competent VAT advisor first!