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Sale of Bradford Bulls players ‘a possibility’
7:00am Wednesday 4th July 2012 in News
Up to six expressions of interest have been received by the administrators of the stricken Bradford Bulls rugby club, which has been given a stay of execution until Tuesday.
But player sales are not being ruled out in a bid to raise more cash for the club. It is also understood an interim chief executive is on the verge of being appointed. It is believed Gary Tasker, former chief executive officer at the club, has been sounded out about the role and is weighing up his options.
But administrators are struggling to find an interim coach, because of adverse comments about the dismissal of the coaching team on Monday. They were sacked along with the sales, marketing and maintenance staff to reduce the wage bill.
Brendan Guilfoyle, the administrator appointed to try and save the club, said they could keep the Bulls going until Tuesday and urged fans to head to Odsal stadium on Sunday to support the team. He is meeting a potential investor today.
The Bulls play London Broncos this weekend, which normally attracts a small crowd, but Mr Guilfoyle is hoping up to 5,000 fans will turn up and pay on the gate.
Mr Guilfoyle also said he wanted to apologise to players for not turning up at a players’ meeting yesterday because he had “nothing to tell them”.
“Our deadline now is Tuesday and we are taking legal advice,” Mr Guilfoyle said. “We are moving to stage the game on Sunday, but that game costs money and will cost £30,000 excluding staff wages.
“We expect revenue of £10,000 and I will make a loss of £20,000, but have been receiving assurances from the magnificent fans and season ticket holders that will walk through the gates and pay again.
“The players wages are due sometime in the middle of the month and we are working hard to make sure we have got the money to pay them.
“We get distribution money from the Rugby Football League every month and we are looking to speed that up, which is £100,000. But the wage bill is now £200,000 and that means we are still £100,000 short.
“I need an interim coach to get advice from on what needs to be done, but player sales are a possibility. It might bridge the gap, but then again we might not sell anybody, but people are showing an interest in players.”
Guilfoyle said he had been overwhelmed with the turnout and support from the fans at the Guide Post hotel in Bradford on Monday, where an estimated 500 people turned up for a meeting about the club’s future.