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Ownership deal for Bradford Bulls on verge of completion
Bradford Bulls’ change of ownership was on the verge of being finalised last night after the London-based consortium fronted by Richard Lamb had its offer accepted by administrator David Wilson.
The group includes former Bradford player and chief executive Abi Ekoku, who is being lined up as chairman, and is backed by wealthy property developers from the capital.
They were yesterday providing final proof of funds and business plan to the Rugby Football League and it was hoped the deal could be formally announced today or early next week at the latest.
Mr Lamb, owner of Lucid Events, failed in his previous attempt to buy the Bulls out of administration last month.
Leeds-based administrator Mr Wilson instead accepted a bid from Bradford Bulls 2014 Ltd, which comprised of former directors Mark Moore, Andrew Calvert, Ian Watt and chief executive Robbie Hunter-Paul.
After they withdrew their bid, Mr Lamb returned with another offer and the consortium this week emerged as the preferred bidder after beating off competition from Mandy Koukash and representatives from Bradford City and Bradford Park Avenue.
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