If Bradford go over the salary cap, who will the fine go to?

Worse... How could it be worse?



All I said to my wife was "that piece of halibut was good enough for Jehovah"

Comparisons with other clubs and other industries are highly spurious. In SL terms Bradford are one of the 'big' clubs. With all due respect to Wakefield and Widnes (who weren't even in SL at the time they went bust) they are not in the same league if you'll pardon the pun. IMO SL simply could not afford to lose the Bulls at this stage - and it appears that all the other SL clubs understand this despite whatever bravado they may have come out with in the past.



Right now it doesn't matter one jot who is responsible for the current position - SL has decided that they had to step in or lose the Bulls.



I'd expect that the proposed ownership will only last until the club can be made stable and then SL will seek to offload the Bulls.

If it's commercial/financial concerns that drive this decision, you have to wonder why it's a great bit of business for SL when it is an investment nobody else will touch with someone else's ten foot pole? Where is SL getting the money from? Are the clubs really, as a collective, flush enough to take on an unprofitable business that has proved to be a supermassive black hole for people's money over several years?



I'm not saying the answer is no (I don't have that information) just that I'm surprised that the answer is yes.

I'm sorry but this I vehemently disagree with.



What are you basing this uopn?



If it's history and heritage than a comparison with Widnes might leave the Bulls falling short. Furthermore, your comments about which division Widnes are in seem somewhat harsh given their "artificial" relegation in the past.



Wigan got relegated once, when the game was a lot less healthier. The game survived.



There is no rational reason to place more value uopn the Bulls than any other club.

with the staff that have been let go and the lease of the ground not being paid the Bulls could be profitable in the short term, giving enough time to allow investers to come on board. I base this on the following assumptions



1. Coaches etc that are currently working for free will continue to help the club through to the end of the season

2. The lease payments to the RFL are suspended. whilst the RFL and SL are different bodies,the RFL would receive no revenue if the bulls were liquidated, on that basis I can see payments being suspended for a period to allow the Bulls to finish out the season.



The main issue now will be whether the bulls can continue in SL for 2013 and if so the player retention /recruitment policies that the club will have.



If they are allowed to stay in SL for 2013 I can see a number of loan players in the team and this could be an opportunity for Leeds to blood some of the youngsters that are potential SL players.

2) Makes the RFL's decision to buy out the lease in the first place a terrible business decision doesn't it?

Now I've had chance to mull this over I suspect that Superleague have just attached a parachute to the Bulls.



They are still going down but they have been bought a bit of time, and their descent can be controlled.

Quite the opposite.



The RFL were a creditor of the Bulls. They were owed money. They didn't pay for the leasehold, the accepted it in settlement of their debt.



As the Bulls have since that date gone into administration and are facing liquidation the RFL have, quite cleverly, avoided the situation of being a creditor in a pretty bad insolvency. They also accquired an asset (value tbd) which could be quite useful going forward.



It was a very smart move by the RFL.

i'm not saying it couldn't make a profit when paying staff, i'm just suggesting that the "new" club could try to get the coaches to work for less /nothing to close out the season whilst the club is being prepared for sale.



leases usually have a get out clause in them should either party enter administration /receivership. On that basis the lease will need to be renegotiated. Whether the RFL deal is good or not depends on

1) how much they paid

2) If they can get newco to agree to lease

3) The long term vision they had when they bought the lease.

Aye and this controlled landing may allow the bulls to regain their wings. I suggest the potential resurrection should be as the steam pigs. Then we may be able to see if pigs really can fly.

Haven't read thread so don't know if this has already been posted but: www.bbc.co.uk/sport/0/rugby-league/19110189 Basically it's a temp solution as others have suggsted until an unconditional bid is found. 1.5 million in debt, players free to find other clubs to secure future. as someone said above, theyve just had a parachute attached, the fall be slowly and not as hard.

Haven't read thread so don't know if this has already been posted but: www.bbc.co.uk/sport/0/rugby-league/19110189 Basically it's a temp solution as others have suggsted until an unconditional bid is found. 1.5 million in debt, players free to find other clubs to secure future. as someone said above, theyve just had a parachute attached, the fall be slowly and not as hard.