Rival bidders congratulate Bradford Bulls' new owner Marc Green

Bradford Telegraph and Argus: Newly appointed managing director Steve Ferres (left) and Bradford Bulls’ new owner Marc Green at Odsal Newly appointed managing director Steve Ferres (left) and Bradford Bulls’ new owner Marc Green at Odsal

The new owner of Bradford Bulls has been congratulated on his successful bid – by the rivals he beat in the race to buy the club.

Marc Green was yesterday confirmed as the new owner of the struggling Odsal club, with new holding company Bradford Bulls Northern Ltd taking full control.

Leeds-based businessman Mr Green, who owns Safeguard Security Group Ltd, saw his bid accepted by administrator David Wilson ahead of offers from Richard Lamb and Mandy Koukash, as well as consortia from Bradford Park Avenue and Bradford City.

The Bulls had been in administration for the last eight weeks.

Mr Green, 48, who will be the sole shareholder but might appoint other directors, said: “I am really pleased to have completed the takeover of this fantastic club.

“Now that the takeover is complete, the team and I are in a position to move forward with the business.

“We will be working extremely hard over the coming months, with our number-one objective and main priority being to ensure Super League survival for this historic club.”

It was claimed yesterday that one of the failed bids was backed by a Bradford-born oil billionaire now based in Texas.

Kevin Hainsworth, who was part of the Bradford Park Avenue bid, said Gareth Roberts, non-executive chairman of Petro Harvester and said to be worth about £8 billion, was backing the attempt to buy the club.

“We are extremely disappointed not to have won the bid,” said Mr Hainsworth.

Mr Hainsworth said Mr Roberts grew up in Holme Wood, went to school in Tong and was taken to Bradford Northern games as a boy by his father.

“We felt we had the right resources behind us,” said Mr Hainsworth. “But we have got to accept defeat and we wish Marc Green all the very best.”

Marwan Koukash expressed disappointment on behalf of his wife, Mandy, but said: “We would like to wish Marc all the very best, and Francis Cummins, the players and the fans all the very best this year.

“Rugby league needs its bigger names – and they don’t come bigger than Bradford.”

Mr Koukash dismissed working alongside Mr Green, saying: “The last thing on Marc’s mind now would be to sell half the club.”

Richard Lamb expressed his frustration at the Rugby Football League, saying it had asked him to show proof of funds to the value of £1 million within 24 hours.

“I couldn’t get clarity from the RFL of what they wanted to see and why. The administrators were fine and the funds we showed were considerable,” he said.

Mr Lamb said the door was still open if Mr Green wanted to work with him on the Bulls.

The Bulls said in a statement: “Mr Green, managing director of Leeds-based Safeguard Security Group, has acquired the club having agreed a fee and terms with the administrator, which was later ratified by the sport’s governing body, the Rugby Football League.”

e-mail: rhys.thomas@telegraphandargus.co.uk

Comments (20)

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6:48am Thu 27 Mar 14

flashdonut says...

Eight. Billion. I don't know if I should laugh or cry.
Eight. Billion. I don't know if I should laugh or cry. flashdonut
  • Score: 3

7:09am Thu 27 Mar 14

Bring Cordle back......... says...

So according to media statements there were at least 2 x billionaire backed bids and one other with money in off shore accounts? These were not seen as preferred by the RFL so either some of the bidders weren't as free with there billions as suggested or Mr Green has a bigger bank role than first thought. I for one can't believe the RFL would have wanted to see the Bulls saga drag on or repeat its sorry recent history again in the near future or would they?

All we know for sure is that we have a new owner in Mr Green and if the fans don't get behind him, the team and the club it could easily all happen again! So lets hope we have a little money for two or three hulking props to help us fight the relegation dog fight. COYB
So according to media statements there were at least 2 x billionaire backed bids and one other with money in off shore accounts? These were not seen as preferred by the RFL so either some of the bidders weren't as free with there billions as suggested or Mr Green has a bigger bank role than first thought. I for one can't believe the RFL would have wanted to see the Bulls saga drag on or repeat its sorry recent history again in the near future or would they? All we know for sure is that we have a new owner in Mr Green and if the fans don't get behind him, the team and the club it could easily all happen again! So lets hope we have a little money for two or three hulking props to help us fight the relegation dog fight. COYB Bring Cordle back.........
  • Score: 9

7:14am Thu 27 Mar 14

Ray Mac says...

Then why didn't their bid win? Can smell something coming from that barn!!!!!

Laugh.
Then why didn't their bid win? Can smell something coming from that barn!!!!! Laugh. Ray Mac
  • Score: 1

7:40am Thu 27 Mar 14

bradfordbronco says...

Doesn't matter how money they've got the point is they weren't prepared to pay £500,000 for the club. If money was no object, the oil man or koukash could have easily won the bid. If Green had so much he wouldn't have need to put them into admin in the 1st place. He could have just bought it off Omar for £400,00 and paid the £1m debt and avoided the aministration costs and 6 points
Doesn't matter how money they've got the point is they weren't prepared to pay £500,000 for the club. If money was no object, the oil man or koukash could have easily won the bid. If Green had so much he wouldn't have need to put them into admin in the 1st place. He could have just bought it off Omar for £400,00 and paid the £1m debt and avoided the aministration costs and 6 points bradfordbronco
  • Score: 5

7:41am Thu 27 Mar 14

thatsnotmyname says...

Interesting company accounts
Interesting company accounts thatsnotmyname
  • Score: 2

7:44am Thu 27 Mar 14

mumbyfan says...

It's like Bullseye..."look at what you could have won!"
It's like Bullseye..."look at what you could have won!" mumbyfan
  • Score: 8

9:10am Thu 27 Mar 14

alive and awake says...

£b pound that is a lot, hope they have made the right decision,as for Mr Lamb
£1m would not be anywhere near enough, and it seems he didn't even have that. Good luck, you must survive this year.
£b pound that is a lot, hope they have made the right decision,as for Mr Lamb £1m would not be anywhere near enough, and it seems he didn't even have that. Good luck, you must survive this year. alive and awake
  • Score: 1

9:57am Thu 27 Mar 14

collos25 says...

I hope they have got it right this time and I wish them the best of luck I think the club will need it.
I hope they have got it right this time and I wish them the best of luck I think the club will need it. collos25
  • Score: 1

10:39am Thu 27 Mar 14

Bulls2014 says...

http://www1.skysport
s.com/news/27469/923
3889/no-time-to-be-b
ullish
http://www1.skysport s.com/news/27469/923 3889/no-time-to-be-b ullish Bulls2014
  • Score: 0

10:39am Thu 27 Mar 14

Bulls2014 says...

http://www1.skysport
s.com/news/27469/923
3889/no-time-to-be-b
ullish
http://www1.skysport s.com/news/27469/923 3889/no-time-to-be-b ullish Bulls2014
  • Score: 0

10:40am Thu 27 Mar 14

BierleyBoy says...

So the owner of the business assets now owns the club, what a surprise!
As preferential creditor, Green was never going to allow anyone else to take over the business unless he got his money out.
This whole thing was engineered by Khan & Whitcut as an easy exit strategy for them.
Khan wanted out so got Whitcut to set up the deal which was deliberately done after. Khan resigned as a director.
The whole Khan taking Whitcut & Moore to court was a smokescreen for a sale that was never going to go through & designed to take the heat away from Khan's monumental mess.
Green is a questionable character, to say the least, so the next instalment of this saga won't be long in coming.
So the owner of the business assets now owns the club, what a surprise! As preferential creditor, Green was never going to allow anyone else to take over the business unless he got his money out. This whole thing was engineered by Khan & Whitcut as an easy exit strategy for them. Khan wanted out so got Whitcut to set up the deal which was deliberately done after. Khan resigned as a director. The whole Khan taking Whitcut & Moore to court was a smokescreen for a sale that was never going to go through & designed to take the heat away from Khan's monumental mess. Green is a questionable character, to say the least, so the next instalment of this saga won't be long in coming. BierleyBoy
  • Score: 7

10:49am Thu 27 Mar 14

fedupwiththeBS says...

The fact that the BPA and Koukash bids were not the preferred bids and the Club has ended up in the hands of the man that put the Club into Administration and appointed the Administrator who then subsequently accepted his bid above the others quite frankly stinks!

I think it is a shame that BPA did not follow the other bidders lead by banging their own drum in the media like Lamb and Koukash, maybe the fans would then have realised what potential they had for the club with Gareth Roberts backing it.

So we could have had a Bradford lad owning the Club, BPA and Bulls reuniting giving duel usage for the ground so it does not stand and fester closed season to a leeds based owner who's funds are questionable at best.
The fact that the BPA and Koukash bids were not the preferred bids and the Club has ended up in the hands of the man that put the Club into Administration and appointed the Administrator who then subsequently accepted his bid above the others quite frankly stinks! I think it is a shame that BPA did not follow the other bidders lead by banging their own drum in the media like Lamb and Koukash, maybe the fans would then have realised what potential they had for the club with Gareth Roberts backing it. So we could have had a Bradford lad owning the Club, BPA and Bulls reuniting giving duel usage for the ground so it does not stand and fester closed season to a leeds based owner who's funds are questionable at best. fedupwiththeBS
  • Score: 4

11:24am Thu 27 Mar 14

bd7 helper says...

It's a big scam
It's a big scam bd7 helper
  • Score: 2

12:13pm Thu 27 Mar 14

Papa Smurfs Wig says...

Well Marc Green will be happy that he has another outlet to put his stewards and bouncers so he can gain on that unless he does the club a discount.
For the life in me l can't see how a billionaire didn't put in a bid to win it unless the money is tied up as assetts.
Well Marc Green will be happy that he has another outlet to put his stewards and bouncers so he can gain on that unless he does the club a discount. For the life in me l can't see how a billionaire didn't put in a bid to win it unless the money is tied up as assetts. Papa Smurfs Wig
  • Score: 2

1:33pm Thu 27 Mar 14

Bone_idle18 says...

I'm happy to wait and see what happens, it's OK saying you have millions or billions, but if that is case why not reflect that in your bid?
I'm happy to wait and see what happens, it's OK saying you have millions or billions, but if that is case why not reflect that in your bid? Bone_idle18
  • Score: 2

3:32pm Thu 27 Mar 14

raymil0 says...

bradfordbronco wrote:
Doesn't matter how money they've got the point is they weren't prepared to pay £500,000 for the club. If money was no object, the oil man or koukash could have easily won the bid. If Green had so much he wouldn't have need to put them into admin in the 1st place. He could have just bought it off Omar for £400,00 and paid the £1m debt and avoided the aministration costs and 6 points
How do you know that?
[quote][p][bold]bradfordbronco[/bold] wrote: Doesn't matter how money they've got the point is they weren't prepared to pay £500,000 for the club. If money was no object, the oil man or koukash could have easily won the bid. If Green had so much he wouldn't have need to put them into admin in the 1st place. He could have just bought it off Omar for £400,00 and paid the £1m debt and avoided the aministration costs and 6 points[/p][/quote]How do you know that? raymil0
  • Score: -1

5:09pm Thu 27 Mar 14

Loadofbull70 says...

BierleyBoy wrote:
So the owner of the business assets now owns the club, what a surprise!
As preferential creditor, Green was never going to allow anyone else to take over the business unless he got his money out.
This whole thing was engineered by Khan & Whitcut as an easy exit strategy for them.
Khan wanted out so got Whitcut to set up the deal which was deliberately done after. Khan resigned as a director.
The whole Khan taking Whitcut & Moore to court was a smokescreen for a sale that was never going to go through & designed to take the heat away from Khan's monumental mess.
Green is a questionable character, to say the least, so the next instalment of this saga won't be long in coming.
Spot on matey !
[quote][p][bold]BierleyBoy[/bold] wrote: So the owner of the business assets now owns the club, what a surprise! As preferential creditor, Green was never going to allow anyone else to take over the business unless he got his money out. This whole thing was engineered by Khan & Whitcut as an easy exit strategy for them. Khan wanted out so got Whitcut to set up the deal which was deliberately done after. Khan resigned as a director. The whole Khan taking Whitcut & Moore to court was a smokescreen for a sale that was never going to go through & designed to take the heat away from Khan's monumental mess. Green is a questionable character, to say the least, so the next instalment of this saga won't be long in coming.[/p][/quote]Spot on matey ! Loadofbull70
  • Score: 2

7:35pm Thu 27 Mar 14

bcfc1903 says...

I can't imagine the powers that be in Leeds wanting a billionaire anywhere near Bradford Bulls. Hell, the Bulls would be unstoppable with a fraction of that cash, you could guarantee a new stadium. As Dr Koukash said, there are no bigger names in UK RL than Bradford Bulls but do the powers that be want a successful Bradford Bulls, from what's gone down regarding your great club in the last few years I'd say no!!!!
I can't imagine the powers that be in Leeds wanting a billionaire anywhere near Bradford Bulls. Hell, the Bulls would be unstoppable with a fraction of that cash, you could guarantee a new stadium. As Dr Koukash said, there are no bigger names in UK RL than Bradford Bulls but do the powers that be want a successful Bradford Bulls, from what's gone down regarding your great club in the last few years I'd say no!!!! bcfc1903
  • Score: 4

7:35pm Thu 27 Mar 14

bcfc1903 says...

I can't imagine the powers that be in Leeds wanting a billionaire anywhere near Bradford Bulls. Hell, the Bulls would be unstoppable with a fraction of that cash, you could guarantee a new stadium. As Dr Koukash said, there are no bigger names in UK RL than Bradford Bulls but do the powers that be want a successful Bradford Bulls, from what's gone down regarding your great club in the last few years I'd say no!!!!
I can't imagine the powers that be in Leeds wanting a billionaire anywhere near Bradford Bulls. Hell, the Bulls would be unstoppable with a fraction of that cash, you could guarantee a new stadium. As Dr Koukash said, there are no bigger names in UK RL than Bradford Bulls but do the powers that be want a successful Bradford Bulls, from what's gone down regarding your great club in the last few years I'd say no!!!! bcfc1903
  • Score: 3

9:41pm Thu 27 Mar 14

bradfordbronco says...

raymil0 wrote:
bradfordbronco wrote:
Doesn't matter how money they've got the point is they weren't prepared to pay £500,000 for the club. If money was no object, the oil man or koukash could have easily won the bid. If Green had so much he wouldn't have need to put them into admin in the 1st place. He could have just bought it off Omar for £400,00 and paid the £1m debt and avoided the aministration costs and 6 points
How do you know that?
Think it was quoted that lamb was the highest bidder with around £300,000 therefore if a billionaire or Koukash had bid £500,000 they would have got the club.

Marc Green was so worried about losing his £200,000 he put the club into admin. Doesn't sound like he has limited funds.

Omar wanted about £400,000 for the club.

Had we not gone into admin we wouldn't have lost 6 points, Scruton, Sammut or Carvell.

That's the background and general thinking i used for my comment
[quote][p][bold]raymil0[/bold] wrote: [quote][p][bold]bradfordbronco[/bold] wrote: Doesn't matter how money they've got the point is they weren't prepared to pay £500,000 for the club. If money was no object, the oil man or koukash could have easily won the bid. If Green had so much he wouldn't have need to put them into admin in the 1st place. He could have just bought it off Omar for £400,00 and paid the £1m debt and avoided the aministration costs and 6 points[/p][/quote]How do you know that?[/p][/quote]Think it was quoted that lamb was the highest bidder with around £300,000 therefore if a billionaire or Koukash had bid £500,000 they would have got the club. Marc Green was so worried about losing his £200,000 he put the club into admin. Doesn't sound like he has limited funds. Omar wanted about £400,000 for the club. Had we not gone into admin we wouldn't have lost 6 points, Scruton, Sammut or Carvell. That's the background and general thinking i used for my comment bradfordbronco
  • Score: 3

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