Re: Bulls Takeover : Thu Oct 24, 2019 5:58 pm  

mat wrote:

It was mentioned at Forum that biggest debt would be paid on Friday and also that biggest creditor was Chalmers. So I'd assume they meant deal finalised tomorrow with Chalmers writing off his debt officially as part of deal.

So tell us Mat how can a club owner and virtual sole BB17 shareholder rack up huge debts against himself, in particular debts now rumoured to be a mid to high six figure sum?

We have good reason to believe AC had no substantial funds, and thus could not in all likelihood have lent the club any meaningful money. He did not (as far as far as we are aware) take out any direct/ indirect Director loans, and did not provide any services of note to the club. Moreover, his own (in effect liquidated NZ recruitment company) were a club sponsor - Lowie Recruitment.

Spoke to a partner at KPMG earlier today who is a friend of Charles' and they just couldn't see how AC could be a major 'creditor'. That said, due to the abridged nature of the sole BB17 accounts published to date it is nigh on impossible to identify any big ticket cost items in and out of the Profit and Loss Account.

It all seems to be a perverse way of legitimising the alleged scam that is AC writing off his allegedly fabricated gargantuan debt in return for a purported 7% share in the BB17 business moving forward. A 'business' which in any event is literally on it's knees and at this time is we aver grossly insolvent.

That said, 'we' as always will we willing to be proven to be 100% wrong. We are all ears.

So would we buy a 2020 Bulls season ticket for cash at this time? NO, yet remarkably some 15 plus fans shelled out circa £3000 plus in hard earned cash during the forum events. If (or when) the club goes belly up we trust that Wood and Sawyer will repay those poor souls in full. If not, our new and credible consortium will fully honour their season tickets (ideally at Odsal), and in addition we will definitely offer 100% free coach travel to any home games at the Tetley's stadium.

And what is Stuart Duffy still doing there? We know why, and would like to explain what we know in that regard in due course in court, where we would of course have the benefit of full legal privilege.

Re: Bulls Takeover : Thu Oct 24, 2019 6:01 pm  

To be fair the season ticket holders buying this week can’t lose in your analogy. We got bust and either Sawyer/Wood pay them back, they reclaim on a card or you form this new co and honour the ticket. Where’s the risk then?

Re: Bulls Takeover : Thu Oct 24, 2019 6:05 pm  

At what point do you expect this new club to go Moobs Up, Eggster?

Re: Bulls Takeover : Thu Oct 24, 2019 6:07 pm  

Betsy Bulls wrote:

To be fair the season ticket holders buying this week can’t lose in your analogy. We got bust and either Sawyer/Wood pay them back, they reclaim on a card or you form this new co and honour the ticket. Where’s the risk then?

Betsy; we were referring solely to cash (and not credit card) purchases.

If the club goes under and the RFL decide not to give us an operating licence then the club may regrettably disappear forever.

We doubt Wood and Sawyer would repay any debts to poor souls who've shelled out cash for season tix this week and moving forward. After all, Nigel and Mark may well have their own historic BB17 debts to worry about.

Re: Bulls Takeover : Thu Oct 24, 2019 8:36 pm  

Why hold a fans' forum when all and sundry appear to be singing from a different hymn sheet? Why are they ALL not in the know as is the Nestegg who is predicting some form of armageddon for our Club.Can't believe there was total deceit from all who spoke. All this smoke and mirrors, cloak and dagger stuff is at odds with those who spoke and promised a new beginning.

Re: Bulls Takeover : Thu Oct 24, 2019 10:05 pm  

PHILISAN wrote:

Why hold a fans' forum when all and sundry appear to be singing from a different hymn sheet? Why are they ALL not in the know as is the Nestegg who is predicting some form of armageddon for our Club.Can't believe there was total deceit from all who spoke. All this smoke and mirrors, cloak and dagger stuff is at odds with those who spoke and promised a new beginning.

Good post.

Are you a nestegg in disguise mate?

Apologies for the occasional humour, but as things stand if we didn't laugh we'd cry.

It will get better, but not we believe under this consortium.

Apparently they are looking at holding yet another forum in the near future with Perez more at the forefront. They appear to be getting desperate.

Re: Bulls Takeover : Fri Oct 25, 2019 2:03 am  

nestegg wrote:

Good post.

Are you a nestegg in disguise mate?

Apologies for the occasional humour, but as things stand if we didn't laugh we'd cry.

It will get better, but not we believe under this consortium.

Apparently they are looking at holding yet another forum in the near future with Perez more at the forefront. They appear to be getting desperate.

Desperate for what?

Re: Bulls Takeover : Fri Oct 25, 2019 7:56 am  

I would just add that I would hope that Perez could, in those circumstances of true realisation, influence David Argyle to rekindle his interest and come on board.

[Pumpetypump]

Re: Bulls Takeover : Fri Oct 25, 2019 8:03 am  

The first trans Atlantic sporting club operating with two arms. Toronto in Canada and Bradford in the UK. Run independently with same parent company.

There is just zero good news we might as well invent some.

Or long-term fan and Emmerdale star Duncan Preston AND Argyle can come together to fund us going forward. We could be the Bradford Woolpack.

Re: Bulls Takeover : Fri Oct 25, 2019 8:11 am  

Nice one mate. I love the analogy .. feels comforting does the "Woolpack". Once thumped Duncan at school and ran for my life although he gave chase!