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I really do feel sorry for the Bulls fans, we know that feeling.
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Moved from the other thread:
www1.skysports.com/rugby-league/ ... ation-talk
www1.skysports.com/rugby-league/ ... ld-be-sold
Before any over zealous Bulls fans go nuclear, i am not poking fun.
Reading these stories it looks quite a problem the new owners have and it goes to show that all sorts can be discovered when a new man takes over, i wonder if Agent X111 will be advising them how to carry on. |
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Moved from the other thread:
www1.skysports.com/rugby-league/ ... ation-talk
www1.skysports.com/rugby-league/ ... ld-be-sold
Before any over zealous Bulls fans go nuclear, i am not poking fun.
Reading these stories it looks quite a problem the new owners have and it goes to show that all sorts can be discovered when a new man takes over, i wonder if Agent X111 will be advising them how to carry on. | |
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You could take that story and replace their name with ours and it would be accurate but just couple of months old.
Fans will take the brunt of it unfortunately same as here as it means so much to them
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Maybe they could convince some more ex-players to sell off gear like last time.
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Sounds like we're about to go through what you've gone through.
What fun!
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| Quote Bullseye="Bullseye"Sounds like we're about to go through what you've gone through.
What fun!'"
Although we went though it at a better time, we have had time to build what seems a decent squad. I feel for you and hope you come through it ok |
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| Quote Bullseye="Bullseye"Sounds like we're about to go through what you've gone through.
What fun!'"
All the best. After Bull Mania and subsequent success it's tough getting used to your current predicament. Although we're not perfect and are still work in progress, you can take comfort in what we have achieved in such a short space of time. From 30 mins away from admin and player sales etc we are making great progress. With honest leadership, informed financial decisions and hard work I'm sure Bulls will pull through! You have a great fan base.
Good Luck  |
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It all shows the delicate state of affairs within the game.
Whilst Wigan, Leeds and Warrington seem very strong financially, we then have ourselves, London and Bradford who are creaking.
It will be interesting to see what happens when the threat of relegation comes in and more clubs are tempted to spend cash that they cant afford, in order to avoid the drop.
Let's hope that The Bulls and London pull through and that the game as a whole can prosper, on the back of the successful World Cup.
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| Quote part of the game and we all know itRight... this is what I can remember (and there was a lot so I might have forgotten some of it)
RHP started off by giving an outline of what has been happening last 6weeks and where we are now...
- We are not going into administration
- The new board have found a lot of financial issues which if no action were taken would lead to administration
- Last owners borrowed significantly against the club and many of these have only come to light since Ryan Whitcut left club.
- The club has some significant holes in the budget (I genuinely didn't hear this figure due to the mic going and the gasps but I believe it was a massive amount.
- The budgets set for 2014 are not realistic. Departments within club were given unrealistic expenditure which did not match the info given to RFL.
- Clear that previous owners did not know how to run the club in best way. They eventually realised this and tried to get the right people in to run it but it was too late in season and GM did things behind OK and clubs back
- Staff will be/have been cut from every department including the football department.
- Players were told today of the findings. All players have been told that if they don't wish to stay at the club they are free to leave. The owners say that they understand that many have been through this before and understand that it is not a case of being disloyal.
- Any players who chose to leave will be replaced, although this may not be like for like (i.e. position)
- 2014 is about survival... that is objective number 1.
- The owners are treating the club as a business and will not spend any more than what is coming in via income.
- The constant rumours have unsettled sponsors and players so its even more difficult to attract them.
- RHP refered to a game behind the game in the fact that agents, clubs and fans are spreading rumours and that mixed with lies from previous administration mean that the new owners have to be as transparent as possible without risking the business. Stuart Duffy explained that he put a rumour out years ago about Danny McGuire joining Bulls and other clubs are now doing the same to rock the boat... RHP "part of the game and we all know it"
- The RFL have been very helpful (contrary to the previous owners comments). This shows in the fixture lists.
- The RFL, club sponsors and now the fans are fully aware and have been supportive
- Omar Khan invested some of his own money but the rest was via loans... stated Omar Khan will not get a penny back!!!
- John Bateman sold without RHP, other directors or coaching staffs knowledge... authorised by Ryan Whitcut!!!
- Coaching staff told that John Bateman would only go to Wigan and only when transfer fee offered did it get accepted.
- Heath L'Estrange left for the good of his family (wife wanted to stay in Oz). One of biggest earners so tough decision for him to make.
- Both departures were not hidden until after ST deadline... RHP swore down that this was the honest truth and that he didnt even know about JB until 5.30pm on day of transfer.
- OK left Bulls in worse state than bought it.
- Bars have been tendered out to another company (run Man Utd bars did I hear one person say?)
- Franny said players response today was fantastic and whilst some may choose to go the senior players felt positive about the actions of the new owners. He said the spirit was still there and the players are more frustrated that what they are trying to do on the field has been risked off of it.
- New owners said that the reason that ST holders were only invited tonight was that they were a stakeholder in the club having invested and they felt that along with sponsors deserved to know that they were doing everything in their power to turn club around.
I'm sure there was more but I can't remember it right now....'"
From Here [urlhttp://viewtopic.php?p=17652501&tsmp=1386269191#p17652501[/url
Sounds familiar? This Ryan Whitcut sounds a bit dodgy doesnt he? The poor Bulls fans are in the same poo again! I wish there was more people with more money in the game!  |
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forgive me but I am unsure on this... Is this all stemming from around 1997-2003 when Bradford splashed the cash?
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| Quote DAVE@CAS1990="DAVE@CAS1990"forgive me but I am unsure on this... Is this all stemming from around 1997-2003 when Bradford splashed the cash?'"
I think their business plan was dependent upon success to cover the outgoings. When that dried up financial demise was inevitable. |
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