Is that Terry Tibbs with a wig on? Defo looks like a syrup anyway.

I really feel for the Bradford fans as it appears you are powerless to do much other than let this situation play out.



One thing I will say is IF YOU ARE A SEASON TICKET HOLDER don't pay again for the next game to keep the club afloat.



That ship sailed when the 500K was raised in good faith and spent by the club.



The admin has suggested the RFL will pay player wages so any further funds just go into the pot for administrators fees and the creditors.



Its just throwing good money after bad.



If you want to support the club maybe pay it into a trust which is what in hindsight should have happened with the pledge.

I wasnt at the meeting last night, but thanks to those of you that were, and who have posted on here to keep us up to date!



I think Guilfoyle is one smart cookie! He sacked the staff yesterday knowing that the NOble rumour mill would start, and that would bring out a lot of anti Caisley feeling. He knew that a lot of emotions would be running high and that he could avoid or side step some deeper questions that he might not be comfortable answering.



There seems to be a lot of talk on here of a consortium involving the owners of greenwoods. Hopefully that comes to fruition. BUt heaven help us if Hood is involved. A club with Hood is better than no club, but only just. how long before we come down this road again?



Hopefully a new investor with no ties to Hood or Caisley will emerge, or even better a fan based ownership!

Though I couldn't even get in myself it sounds from the posts above that meeting unfortunately lacked any structure. Cannot help thinking if the fans had organised after the initial warnings started sounding by now they probably could have tabled an alternative plan and perhaps avoided some of the current carnage being inflicted.



However I know there are several contributors with some knowledge of the dark art of insolvency so maybe they could say if this is a fair summary of what the administrators game plan is: company in admin, all back office sacked, players wages funded by league? special no rent period agreed by grounds owners who just want the seasons fixtures played out - so bulk of the costs giving the monthly black hole vanished. On the other side I presume we will have 4 home games presumably all entrance pay on the gate - say min 25000 admissions at £20 = £500,000, maybe some sky money for the rest of the season. So no ongoing losses to support and at least £0.5m in income. So in such a situation creditors likely to get about £1 and Guilfoyle £500,000 in fees - then the rescue party rides in and picks up the remains for what I suspect would be a sum less than the pledge?



If only a fraction of the support and goodwill shown by fans, and the efforts of the team and coaching staff could have been organised we could have been in a much better place. As it is if a lifebelt is thrown to the remaining survivours at the end of the week I think the current farce will inevitably shrunk the fan base and main source of ongoing income even further.

Soft loans and 'investment' are not the same thing so someone's lied/lying there. My guess is that they're waiting for Guilfoyle to sack as many as possible and that the 'soft loan' story is cover but I don't know.



We don't know the Greenwoods guy name or anything about him. The 'I've been trying to get hold of you for ages' sounded weird as everybody knows where BG is. Anyway, he has to talk to him now as this is in the public domain. Guilfoyle saying he'd heard nothing about it was equally weird as it appears he's the only one who hasn't. All odd as ****



Surprised nobody has looked at the numbers. The redundancies are to save 600k+ a year with the T and A saying the stadium maintenance guy earned 15k?? Add in the majority working in the shop and ticket office on between something similar and 30k and you're left with certain people earning seriously big figures.

Difficult to say how much people are paid, but when you add in all the "extra" costs that might be associated such as employers NI, pension contributions, perks such as a "company" car, mobile phone, medical insurance, bonus(?) it can add up pretty quickly. Obviously not all these people will have had these perks, but the "top" earners probably did.

It is difficult and we're not (quite) quite communists but blind hand wringing without knowing what people were being paid seems misplaced. With best will in the world if a really excellent CEO, gardener, ticket office manager is paid 20%-30% above industry standard they are unfortunately part of the problem. This looks very tough on the low paid people but anyone who's been near similar situations will have seen lists with names and figures and the ones at the top being led to their offices by security staff before being hailed a taxi. It's how poor businesses are turned around.

THIS.

Okay, so i have had a day to think about the comments made by BG at last nights meeting and although a couple of things stood out (i don't have voicemail, iv'e not been in touch with a coach, but i've found a coach etc.) there was one comment made by BG that has made my mind up that he's a "****" (insert as you wish)



I haven't found his exact quotes but he states that interested parties had been in touch regarding looking into the clubs finances. His response was then that he couldn't provide any information as it was out of date, as a result of the redundancies...... WTF!! (Also this was after he said that he had just saved the bulls "X" per year from the redundancies (but he doesn't have the figures?))



Out of everything heard last night - this has irritated me all day. Is he even interested in finding a potential buyer?



Sorry for the rant, but his comments here were p1$$ poor and it shows me the type of guy we are dealing with!

Yeah, one would've thought his priority would be not to attend the meeting last night cos he was removing the salary costs from the figures ready to

present them first thing today.



If there are folk out there wanting financial info with a view to purchasing the club he shouldn't have time to fart till he's provided it.

Exactly!!

Apparently multiple bids will be revealed tomorrow ........