Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 11:08 am  

If he's got that sort of money he should pay the 1.5million quid due to creditors then. That really is taking the proverbial buying the good stuff from bradford bulls company and placing it in OK Bulls Ltd. and leaving the debts with the old club. All for just £150,000.

Disgrace in my opinion.

[Dick Jones]

Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 12:06 pm  

DemonUK wrote:

If he's got that sort of money he should pay the 1.5million quid due to creditors then. That really is taking the proverbial buying the good stuff from bradford bulls company and placing it in OK Bulls Ltd. and leaving the debts with the old club. All for just £150,000.
Disgrace in my opinion.

which coincidently is enough to pay the Administrators

Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 12:28 pm  

Why does Starbug keep using Dick Jones account to post on here but reverts back to Starbug on VT?

[Dick Jones]

Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 12:48 pm  

THECherry&Whites wrote:

Why does Starbug keep using Dick Jones account to post on here but reverts back to Starbug on VT?

Starbug doesnt, he just doesn't post on here any more at all.

[mish]

Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 12:51 pm  

But surely by not entering the race it will make things easier for the RFL to give Bradford the licence because they'll have no other choice.

[Dick Jones]

Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 1:08 pm  

Do you really believe they would judge our application better than Bradfords, what would we bring to the table that Bradford dont?
We are as Starbug says being used, but if Fev and Fax apply then I understand why we feel the need to, but the RFL will use it as an excuse to put Bradford in by saying we all arent good enough or ready.

Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 2:03 pm  

I think when the club were talking about participating in a mini franchise comp, it was on the assumption that Bradford would not be part of it - now that they are, it would be a completely futile exercise.

Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 2:35 pm  

DemonUK wrote:

If he's got that sort of money he should pay the 1.5million quid due to creditors then. That really is taking the proverbial buying the good stuff from bradford bulls company and placing it in OK Bulls Ltd. and leaving the debts with the old club. All for just £150,000.

Disgrace in my opinion.

It isn't Khan who is at fault here though - he wasn't the one who ran up the £1.5m of debt - and the assets he has bought consist of the name and any bits of kit and equipment.

On that basis I think £150k is a high price.....

Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 3:01 pm  

That's almost rfl spin like lol. £1.5 million lost by creditors he picks it up for a tenth of that and even if he gets a reduced income from sky of say 800k for next 2 years, there's his 150k nicely stuffed in his back pocket straightway. Told rfl he has 6 mill to spend at the same time sticking 2 fingers up to creditors. WRONG WRONG WRONG.......just an opinion

Re: Will Leigh enter mini-franchise farce? : Tue Sep 04, 2012 3:40 pm  

You're bang on Demon, the administration process is an absolute farce in any walk of business and a bit like the stigma being removed by bankruptcy, it's seen as an easy out. As long as the administrators get paid they're just there by the 'right people's' wish to tick the official boxes.

Don't apply until 2014. A championship club is guaranteed entry in 2014, if Bradford were relegated it will be them next year but there are clubs in SL now which are in a worse position than the Bulls scenario who haven't had the RBS 'rug pull' yet and you'll have a greater chance competing against those. I said it two years ago to many of their fans' scorn (a bit like my times on here ) and will reiterate now, Salford for the drop. Cas is your outside bet considering they lie year on year but they offer that bit more than the reds who in three years time may as well just rebrand themselves Sale RL.