Former Bulls owner Omar Khan repays some of the £200,000 loan - but Bradford Council refuses to say how much

Bradford Telegraph and Argus: Omar Khan, who has started to repay his loan. Omar Khan, who has started to repay his loan.

Bradford Council insist former Bradford Bulls owner Omar Khan has repaid some of the £200,000 loan he got from the authority - but are refusing to say how much.

The authority granted the Super League club the cash shortly after restaurant boss Mr Khan took the helm at Odsal in September 2012.

Last March, Mr Khan vowed that the money would be repaid, shortly after the repayment was raised at a Council meeting.

But now, although Council leader Councillor David Green insisted Mr Khan had made some repayments, he refused to reveal how much or how much was left to pay.

When asked how much the remaining balance was, Coun Green said: "We do commercial agreements with individuals and companies and, by and large, we retain that commercial confidentiality."

When pressed further, Coun Green added: "I do not have all the information. If I was told by our legal department that I could tell you, I would."

The Council has previously clarified that the loan was made to the company that ran the club, OK Bulls, and not Mr Khan directly. But it has also previously stressed that Mr Khan had signed a separate guarantee as security for the loan.

Coun Jeanette Sunderland, who quizzed Coun Green about the money in March, said she understood Mr Khan had made a couple of repayments, but that there was a "big chunk of money that is due any time now".

She said: "They should be absolutely open about it - it is public money and it was a decision taken behind closed doors. If this decision had been taken in public, it would not have gone through."

Coun Sunderland added: "What I am really disappointed with is that because it's this bloke and the local rugby team, we are jumping through all sorts of hoops.

"If this was someone on low income forced into paying Council tax for the first time, we would have them in court. We would not have been so lenient."

A Bradford Council spokesman said: "The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments.

"We continue to work with Bradford Bulls and the Rugby Football League in seeking to ensure a sustainable future for the club, whilst protecting taxpayers’ interests."

Mr Khan declined to comment on the matter.

The link between the Bulls and the Council will be raised at a meeting of the full Council tomorrow. Coun Simon Cooke (Con, Bingley Rural) has submitted a question, asking how much in outstanding business rates is the Council owed by the Bulls.

Comments (28)

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9:48am Mon 14 Jul 14

collos25 says...

So BMDC refuse to say how much tax payers money has been returned once again the council leaves itself wide open to thoughts of corruption.
So BMDC refuse to say how much tax payers money has been returned once again the council leaves itself wide open to thoughts of corruption. collos25
  • Score: 23

10:12am Mon 14 Jul 14

bullofbradford says...

This inept and corrupt man should be forced to pay up or face the legal consequences. Why does the Council pander to villains?
This inept and corrupt man should be forced to pay up or face the legal consequences. Why does the Council pander to villains? bullofbradford
  • Score: 26

10:51am Mon 14 Jul 14

Albion. says...

bullofbradford wrote:
This inept and corrupt man should be forced to pay up or face the legal consequences. Why does the Council pander to villains?
Exactly!
[quote][p][bold]bullofbradford[/bold] wrote: This inept and corrupt man should be forced to pay up or face the legal consequences. Why does the Council pander to villains?[/p][/quote]Exactly! Albion.
  • Score: 14

11:43am Mon 14 Jul 14

Thee Voice of Reason says...

The questions raised have been raised on twitter by several rates payers, not the T&A. This seems to be what the T&A see as reporting these days. Cllr Green is fairly active on twitter and will respond to questions but mainly with excuses.
The questions raised have been raised on twitter by several rates payers, not the T&A. This seems to be what the T&A see as reporting these days. Cllr Green is fairly active on twitter and will respond to questions but mainly with excuses. Thee Voice of Reason
  • Score: 8

11:58am Mon 14 Jul 14

Andy2010 says...

Did he repay £10 or £100k?

Who's to say if the council wont say.
Did he repay £10 or £100k? Who's to say if the council wont say. Andy2010
  • Score: 11

12:05pm Mon 14 Jul 14

Thee Voice of Reason says...

Why not lean on Gerry Sutcliffe and see what he knows about it.
Why not lean on Gerry Sutcliffe and see what he knows about it. Thee Voice of Reason
  • Score: 13

12:05pm Mon 14 Jul 14

-HCK3R- says...

Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ... -HCK3R-
  • Score: 3

12:20pm Mon 14 Jul 14

Thee Voice of Reason says...

-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
The due diligence by the council to refuse a Bronte charity money but at the same time give this amount a loan when the club had just gone into administration and it was a brand new company with no history seriously needs to be questioned.
[quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]The due diligence by the council to refuse a Bronte charity money but at the same time give this amount a loan when the club had just gone into administration and it was a brand new company with no history seriously needs to be questioned. Thee Voice of Reason
  • Score: 7

12:25pm Mon 14 Jul 14

BD16 says...

-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms"

That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors.

"if" everything was above board, why the secrecy?
[quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms" That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors. "if" everything was above board, why the secrecy? BD16
  • Score: 14

1:19pm Mon 14 Jul 14

blue marlin says...

have said before and will say again should not the T&A be looking into it as its of interest to all rate payers in BD,bulls fans and dare i say creditors?
have said before and will say again should not the T&A be looking into it as its of interest to all rate payers in BD,bulls fans and dare i say creditors? blue marlin
  • Score: 12

1:34pm Mon 14 Jul 14

BierleyBoy says...

-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
The £200k loan was to OK Bulls Ltd. When Khan ran off the loan went into default because payments were not kept up.

The loan was over 2 years from January 2013. Khan signed as guarantor for the loan.

Following the default, when £150,000 was still outstanding,Bradford Council did not pursue Khan for immediate settlement of the loan.

Instead they came up with a new repayment schedule, which Khan has not adhered to.

Bradford Council has consistently refused to explain the process by which it felt it was acceptable to loan this money. There was no reason why Khan could not raise it himself. The due diligence carried out by Bradford Council was at best incompetent & at worst downright corrupt.

Gerry Sutcliffe has stated he had no intention of ever using his own money, and all the other Labour Party officials & councillors who were directors invested none of their own money.

If these people weren't willing to invest their own money, why was it ever agreed that they could have ours?

David Green is nothing but a truly detestable liar politician who believes his role is to be the master & not the servant of the city.

He will be made to pay for his disgusting abuse of public money.
[quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]The £200k loan was to OK Bulls Ltd. When Khan ran off the loan went into default because payments were not kept up. The loan was over 2 years from January 2013. Khan signed as guarantor for the loan. Following the default, when £150,000 was still outstanding,Bradford Council did not pursue Khan for immediate settlement of the loan. Instead they came up with a new repayment schedule, which Khan has not adhered to. Bradford Council has consistently refused to explain the process by which it felt it was acceptable to loan this money. There was no reason why Khan could not raise it himself. The due diligence carried out by Bradford Council was at best incompetent & at worst downright corrupt. Gerry Sutcliffe has stated he had no intention of ever using his own money, and all the other Labour Party officials & councillors who were directors invested none of their own money. If these people weren't willing to invest their own money, why was it ever agreed that they could have ours? David Green is nothing but a truly detestable liar politician who believes his role is to be the master & not the servant of the city. He will be made to pay for his disgusting abuse of public money. BierleyBoy
  • Score: 6

1:41pm Mon 14 Jul 14

tyker2 says...

blue marlin wrote:
have said before and will say again should not the T&A be looking into it as its of interest to all rate payers in BD,bulls fans and dare i say creditors?
agree with you but the T and A do not want to upset those who run this sad city of ours. There are no decent investigative journalists either.

What we should no is was the loan approved at a council meeting or not, was it a back door deal done, what the terms were and whether those terms are being met. If not what are the council doing to enforce payment or has a deal been done to pay it back as and when?

What interest is being charged on the loan and what enquiries were made to ensure the loan was safe and likely to be repaid I accordance the agreement.
[quote][p][bold]blue marlin[/bold] wrote: have said before and will say again should not the T&A be looking into it as its of interest to all rate payers in BD,bulls fans and dare i say creditors?[/p][/quote]agree with you but the T and A do not want to upset those who run this sad city of ours. There are no decent investigative journalists either. What we should no is was the loan approved at a council meeting or not, was it a back door deal done, what the terms were and whether those terms are being met. If not what are the council doing to enforce payment or has a deal been done to pay it back as and when? What interest is being charged on the loan and what enquiries were made to ensure the loan was safe and likely to be repaid I accordance the agreement. tyker2
  • Score: -5

1:53pm Mon 14 Jul 14

blue marlin says...

tyker2 wrote:
blue marlin wrote: have said before and will say again should not the T&A be looking into it as its of interest to all rate payers in BD,bulls fans and dare i say creditors?
agree with you but the T and A do not want to upset those who run this sad city of ours. There are no decent investigative journalists either. What we should no is was the loan approved at a council meeting or not, was it a back door deal done, what the terms were and whether those terms are being met. If not what are the council doing to enforce payment or has a deal been done to pay it back as and when? What interest is being charged on the loan and what enquiries were made to ensure the loan was safe and likely to be repaid I accordance the agreement.
I normal i will stand corrected but i am sure that there was a bit in the T and A evey day giving address etc and a note saying on the lines of independent & free from party politics, but i stopped buying a copy years a go
[quote][p][bold]tyker2[/bold] wrote: [quote][p][bold]blue marlin[/bold] wrote: have said before and will say again should not the T&A be looking into it as its of interest to all rate payers in BD,bulls fans and dare i say creditors?[/p][/quote]agree with you but the T and A do not want to upset those who run this sad city of ours. There are no decent investigative journalists either. What we should no is was the loan approved at a council meeting or not, was it a back door deal done, what the terms were and whether those terms are being met. If not what are the council doing to enforce payment or has a deal been done to pay it back as and when? What interest is being charged on the loan and what enquiries were made to ensure the loan was safe and likely to be repaid I accordance the agreement.[/p][/quote]I normal i will stand corrected but i am sure that there was a bit in the T and A evey day giving address etc and a note saying on the lines of independent & free from party politics, but i stopped buying a copy years a go blue marlin
  • Score: -1

2:35pm Mon 14 Jul 14

-HCK3R- says...

BD16 wrote:
-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms"

That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors.

"if" everything was above board, why the secrecy?
"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !!
[quote][p][bold]BD16[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms" That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors. "if" everything was above board, why the secrecy?[/p][/quote]"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !! -HCK3R-
  • Score: 6

2:47pm Mon 14 Jul 14

Papa Smurfs Wig says...

BierleyBoy wrote:
-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
The £200k loan was to OK Bulls Ltd. When Khan ran off the loan went into default because payments were not kept up.

The loan was over 2 years from January 2013. Khan signed as guarantor for the loan.

Following the default, when £150,000 was still outstanding,Bradford Council did not pursue Khan for immediate settlement of the loan.

Instead they came up with a new repayment schedule, which Khan has not adhered to.

Bradford Council has consistently refused to explain the process by which it felt it was acceptable to loan this money. There was no reason why Khan could not raise it himself. The due diligence carried out by Bradford Council was at best incompetent & at worst downright corrupt.

Gerry Sutcliffe has stated he had no intention of ever using his own money, and all the other Labour Party officials & councillors who were directors invested none of their own money.

If these people weren't willing to invest their own money, why was it ever agreed that they could have ours?

David Green is nothing but a truly detestable liar politician who believes his role is to be the master & not the servant of the city.

He will be made to pay for his disgusting abuse of public money.
Spot on, these Labourites are in a panic because we want to know what the hell is going on.
Green is a terrible politician and he really does make the Labour lot look dumb with his excuses and political answers. They are there to answer the questions, not his typical "we'll look into it" He's toying with peoples lives and its not all about him.
Central government really need to take a look at this useless council and give us some people that aren't bent.
I'm not surprised the people of Aire, Worth valleys etc want out.
[quote][p][bold]BierleyBoy[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]The £200k loan was to OK Bulls Ltd. When Khan ran off the loan went into default because payments were not kept up. The loan was over 2 years from January 2013. Khan signed as guarantor for the loan. Following the default, when £150,000 was still outstanding,Bradford Council did not pursue Khan for immediate settlement of the loan. Instead they came up with a new repayment schedule, which Khan has not adhered to. Bradford Council has consistently refused to explain the process by which it felt it was acceptable to loan this money. There was no reason why Khan could not raise it himself. The due diligence carried out by Bradford Council was at best incompetent & at worst downright corrupt. Gerry Sutcliffe has stated he had no intention of ever using his own money, and all the other Labour Party officials & councillors who were directors invested none of their own money. If these people weren't willing to invest their own money, why was it ever agreed that they could have ours? David Green is nothing but a truly detestable liar politician who believes his role is to be the master & not the servant of the city. He will be made to pay for his disgusting abuse of public money.[/p][/quote]Spot on, these Labourites are in a panic because we want to know what the hell is going on. Green is a terrible politician and he really does make the Labour lot look dumb with his excuses and political answers. They are there to answer the questions, not his typical "we'll look into it" He's toying with peoples lives and its not all about him. Central government really need to take a look at this useless council and give us some people that aren't bent. I'm not surprised the people of Aire, Worth valleys etc want out. Papa Smurfs Wig
  • Score: 6

2:53pm Mon 14 Jul 14

Albion. says...

-HCK3R- wrote:
BD16 wrote:
-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms"

That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors.

"if" everything was above board, why the secrecy?
"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !!
"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?
[quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]BD16[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms" That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors. "if" everything was above board, why the secrecy?[/p][/quote]"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !![/p][/quote]"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing? Albion.
  • Score: 6

3:44pm Mon 14 Jul 14

-HCK3R- says...

Albion. wrote:
-HCK3R- wrote:
BD16 wrote:
-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms"

That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors.

"if" everything was above board, why the secrecy?
"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !!
"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?
The "WE" is part of the quote given by the council spokesman not me if you take the time to read the article ......
[quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]BD16[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms" That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors. "if" everything was above board, why the secrecy?[/p][/quote]"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !![/p][/quote]"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?[/p][/quote]The "WE" is part of the quote given by the council spokesman not me if you take the time to read the article ...... -HCK3R-
  • Score: 0

4:17pm Mon 14 Jul 14

Albion. says...

-HCK3R- wrote:
Albion. wrote:
-HCK3R- wrote:
BD16 wrote:
-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms"

That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors.

"if" everything was above board, why the secrecy?
"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !!
"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?
The "WE" is part of the quote given by the council spokesman not me if you take the time to read the article ......
I apologise, you're incomplete use of punctuation marks rather confused me.
[quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]BD16[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms" That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors. "if" everything was above board, why the secrecy?[/p][/quote]"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !![/p][/quote]"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?[/p][/quote]The "WE" is part of the quote given by the council spokesman not me if you take the time to read the article ......[/p][/quote]I apologise, you're incomplete use of punctuation marks rather confused me. Albion.
  • Score: 3

5:17pm Mon 14 Jul 14

Here today says...

Charge him the "payday" lenders interest rate, 5000% or so, accrued daily AND compounded.
Charge him the "payday" lenders interest rate, 5000% or so, accrued daily AND compounded. Here today
  • Score: 1

5:36pm Mon 14 Jul 14

BD16 says...

-HCK3R- wrote:
BD16 wrote:
-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms"

That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors.

"if" everything was above board, why the secrecy?
"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !!
Mr Khan said the money would be repaid "shortly after" it was raised at a council meeting in March. Five months later we are expecting a "big chunk" it doesn't sound like he's paid it all yet even though he said he would several months ago.
[quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]BD16[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms" That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors. "if" everything was above board, why the secrecy?[/p][/quote]"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !![/p][/quote]Mr Khan said the money would be repaid "shortly after" it was raised at a council meeting in March. Five months later we are expecting a "big chunk" it doesn't sound like he's paid it all yet even though he said he would several months ago. BD16
  • Score: 1

5:55pm Mon 14 Jul 14

bullofbradford says...

Its disgusting that the T&A are more interested in petty thieves than criminals who rape the City. How can we hold the Council to account?
Its disgusting that the T&A are more interested in petty thieves than criminals who rape the City. How can we hold the Council to account? bullofbradford
  • Score: 1

7:00pm Mon 14 Jul 14

Here today says...

ooops, sorry I forgot, he's one of the "special" people who can't pay interest on money (or repay the capital either it seems)
ooops, sorry I forgot, he's one of the "special" people who can't pay interest on money (or repay the capital either it seems) Here today
  • Score: 2

7:26pm Mon 14 Jul 14

BirchLane-1964 says...

Albion. wrote:
-HCK3R- wrote:
BD16 wrote:
-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms"

That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors.

"if" everything was above board, why the secrecy?
"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !!
"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?
By 'we' I read it as us the general public, especially as the line concludes with 'do not know the terms of the deal' so hence obviously not on the inside. People should stop looking for arguments and focus on why on earth a virtually bankrupt council is lending vast sums of money to a new start up company with no accounting history to prove it can repay the debt. Agreed there is a guarantee in place, but were the financial records of Mr Khan inspected prior to the loan being granted. I believe it was a knee jerk reaction to save the bulls from folding with top Labour MP's pulling strings. Agree with many on here that if a repayment plan is in place and if that said agreement is to run until 2015, then the loan most certainly should be paid back on time. Unless there is a serious deviation from the payment plan then Mr Khan must be given the chance to repay. Having said that, HMRC would not have hesitated in issuing a winding up petition on the Bulls for failure to pay their taxes, so the council should look to implement proceedings asap should repayments not be met as per the agreement. Come on Omar do the decent thing, pay up, clear the debt and everyone can move on, we may even get some of that money spent on decent road surface material!!
[quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]BD16[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms" That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors. "if" everything was above board, why the secrecy?[/p][/quote]"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !![/p][/quote]"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?[/p][/quote]By 'we' I read it as us the general public, especially as the line concludes with 'do not know the terms of the deal' so hence obviously not on the inside. People should stop looking for arguments and focus on why on earth a virtually bankrupt council is lending vast sums of money to a new start up company with no accounting history to prove it can repay the debt. Agreed there is a guarantee in place, but were the financial records of Mr Khan inspected prior to the loan being granted. I believe it was a knee jerk reaction to save the bulls from folding with top Labour MP's pulling strings. Agree with many on here that if a repayment plan is in place and if that said agreement is to run until 2015, then the loan most certainly should be paid back on time. Unless there is a serious deviation from the payment plan then Mr Khan must be given the chance to repay. Having said that, HMRC would not have hesitated in issuing a winding up petition on the Bulls for failure to pay their taxes, so the council should look to implement proceedings asap should repayments not be met as per the agreement. Come on Omar do the decent thing, pay up, clear the debt and everyone can move on, we may even get some of that money spent on decent road surface material!! BirchLane-1964
  • Score: 2

10:56pm Mon 14 Jul 14

basil fawlty says...

The millions of pounds of ratepayer's money used to prop up the Bulls over the last 15 years or so is a scandal. No wonder the club gets so little sympathy from the majority of the Bradford public and the wider Rugby league.
The millions of pounds of ratepayer's money used to prop up the Bulls over the last 15 years or so is a scandal. No wonder the club gets so little sympathy from the majority of the Bradford public and the wider Rugby league. basil fawlty
  • Score: 1

10:08am Tue 15 Jul 14

-HCK3R- says...

Albion. wrote:
-HCK3R- wrote:
Albion. wrote:
-HCK3R- wrote:
BD16 wrote:
-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms"

That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors.

"if" everything was above board, why the secrecy?
"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !!
"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?
The "WE" is part of the quote given by the council spokesman not me if you take the time to read the article ......
I apologise, you're incomplete use of punctuation marks rather confused me.
Did you find the article too confusing to read as well ?
[quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]BD16[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms" That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors. "if" everything was above board, why the secrecy?[/p][/quote]"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !![/p][/quote]"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?[/p][/quote]The "WE" is part of the quote given by the council spokesman not me if you take the time to read the article ......[/p][/quote]I apologise, you're incomplete use of punctuation marks rather confused me.[/p][/quote]Did you find the article too confusing to read as well ? -HCK3R-
  • Score: -1

10:48am Tue 15 Jul 14

Albion. says...

-HCK3R- wrote:
Albion. wrote:
-HCK3R- wrote:
Albion. wrote:
-HCK3R- wrote:
BD16 wrote:
-HCK3R- wrote:
Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...
"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms"

That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors.

"if" everything was above board, why the secrecy?
"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !!
"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?
The "WE" is part of the quote given by the council spokesman not me if you take the time to read the article ......
I apologise, you're incomplete use of punctuation marks rather confused me.
Did you find the article too confusing to read as well ?
I read it four hours before my post (at the time of my first post). At my age, photographic memories are rare.
By the way, you didn't spot my point of irony (you're=your). Not to worry, do have a very nice day.
[quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]Albion.[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: [quote][p][bold]BD16[/bold] wrote: [quote][p][bold]-HCK3R-[/bold] wrote: Not defending either the council or Khan but if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those epayments/terms whats the problem ?.......have the council issued a full list of all commercil loans it has given out and the terms of repayment for them all if so I haven't seen them published with headline grabbing statements in the T&A ...[/p][/quote]"if the council made the loan and the terms of repayment were to be made over a certain period of time and O.K is keeping to those repayments/terms" That word "if" The problem is that we don't know what the terms are or whether they are being met. The council did a deal in secret to a company who had Labour party supporters, ex council leaders and Labour party MP's as directors. "if" everything was above board, why the secrecy?[/p][/quote]"The Council made a commercial loan that was secured. The Council has taken appropriate steps with regard to repayment, as we would with any other commercial transaction, and has received scheduled loan repayments. ..................So repayments have been made as per the agreement !![/p][/quote]"we"? You seem to know a great deal about this, does the "we" confirm that you are on the inside, or are you just guessing?[/p][/quote]The "WE" is part of the quote given by the council spokesman not me if you take the time to read the article ......[/p][/quote]I apologise, you're incomplete use of punctuation marks rather confused me.[/p][/quote]Did you find the article too confusing to read as well ?[/p][/quote]I read it four hours before my post (at the time of my first post). At my age, photographic memories are rare. By the way, you didn't spot my point of irony (you're=your). Not to worry, do have a very nice day. Albion.
  • Score: 1

11:12am Tue 15 Jul 14

They only do damage! says...

So he could of paid back £2.50?.
So he could of paid back £2.50?. They only do damage!
  • Score: 1

11:30am Tue 15 Jul 14

pellethead says...

In other news Tony Reeves has just emailed BMDC staff to tell them he is leaving to work for Deloitte.
In other news Tony Reeves has just emailed BMDC staff to tell them he is leaving to work for Deloitte. pellethead
  • Score: 0

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