UPDATED: Directors back running Bradford Bulls after 'constructive' summit meeting with Omar Khan

Bradford Telegraph and Argus: Odsal Stadium, home of the Bulls Odsal Stadium, home of the Bulls

Talks aimed at resolving the ownership of Bradford Bulls were tonight described as “constructive” as it was revealed that directors Ian Watt, Mark Moore and Andrew Calvert were back running the club.

Rugby Football League chief operating officer Ralph Rimmer today chaired a summit meeting at Odsal between Bulls owner Omar Khan and the group seeking to gain control of his shares, which comprises of Mr Watt, Mr Calvert and Mr Moore.

The trio of businessmen announced they were standing down as directors of OK Bulls Limited on Christmas Eve and walking away from the club altogether after failing to come to an agreement with Mr Khan over the transfer of his majority shareholding.

However, it is understood that the three men have not resigned as directors and that negotiations with Mr Khan will continue after today’s positive talks.

The meeting encouraged hopes that a resolution could finally be found after it was revealed that Mr Watt, Mr Calvert and Mr Moore, who all joined the Super League outfit as directors earlier this year, were still involved with the running of the club on a day-to-day basis.

The Bulls said in a brief statement: “Bradford Bulls are pleased to announce that constructive talks have taken place today, between all important stakeholders, under the chairmanship of the Rugby Football League.

“All parties concerned are working to maintain positive levels of progression, with a view to a final agreement being made over the club’s ownership in the near future.

“Ian Watt, Andrew Calvert and Mark Moore will now continue to direct the business and the club will make no further comment at this time.”

Bradford restaurant boss Mr Khan has so far refused to transfer his stake in the club, claiming Mr Moore and former director and general manager Ryan Whitcut have not paid him an undisclosed sum for the sale of the business.

Mr Khan last week insisted he would continue to take legal action against the two men he agreed to sell the club to in September, after a stand-off over the transfer of his shares led to the Christmas Eve walkout by directors Mr Moore, Mr Calvert and Mr Watt.

The three had said they found “massive holes” in the club’s finances, including £400,000 outstanding to creditors and a £180,000 undisclosed loan.

However, Mr Watt attended today’s meeting along with Bradford South MP Gerry Sutcliffe, the club’s former director and co-chairman during Mr Khan’s reign, Bulls chief executive Robbie Hunter-Paul and Marc Green, of Leeds-based Safeguard Security Group, which owns one of the 100 shares in OK Bulls Limited.

According to a document filed with Companies House on September 30 – four days after Mr Khan announced he had left the club – OK Bulls entered a deed of debenture with the firm, as part of a loan agreement.

The sum of money involved is not disclosed, but it is believed be £180,000. The club’s assets are listed as security on the loan.

Meanwhile, Bulls’ players and staff were understood to have been paid this month’s wages yesterday following a delay over the Christmas period.

Comments (8)

Please log in to enable comment sorting

7:13am Tue 31 Dec 13

Thee Voice of Reason says...

I said yesterday they weren't showing as resigned at companies house. Does this also mean legal action is suspended at this time.
As for the unknown debts then it seems this clearly shows there was one signed after Khan resigned and before Moore was appointed so Moore's side of the story appears to add up.
I said yesterday they weren't showing as resigned at companies house. Does this also mean legal action is suspended at this time. As for the unknown debts then it seems this clearly shows there was one signed after Khan resigned and before Moore was appointed so Moore's side of the story appears to add up. Thee Voice of Reason

7:39am Tue 31 Dec 13

Mike Strutter says...

Trust me , Khan would rather this didn't go to court ;-)
Trust me , Khan would rather this didn't go to court ;-) Mike Strutter

9:10am Tue 31 Dec 13

Prisoner Cell Block A says...

Maybe, just maybe there is a ray of light appearing.

Will still be a fair bit of wrangling but if people have been paid and this lot of started negotiating again it looks like the season will actually start for the Bulls.
Maybe, just maybe there is a ray of light appearing. Will still be a fair bit of wrangling but if people have been paid and this lot of started negotiating again it looks like the season will actually start for the Bulls. Prisoner Cell Block A

10:46am Tue 31 Dec 13

bullybullman says...

Lets hope so cell bloke ! once the season starts we will get some cash in through the gates & hopefully things may improve with cash flow.
Lets hope so cell bloke ! once the season starts we will get some cash in through the gates & hopefully things may improve with cash flow. bullybullman

12:29pm Tue 31 Dec 13

grafter1980 says...

Mike Strutter wrote:
Trust me , Khan would rather this didn't go to court ;-)
Totally agree, neither GS. Which puts Watt/Moore/Calvert in a strong position and they know it. Good work. The era of BS may be over, also agree this may be the start of something positive
[quote][p][bold]Mike Strutter[/bold] wrote: Trust me , Khan would rather this didn't go to court ;-)[/p][/quote]Totally agree, neither GS. Which puts Watt/Moore/Calvert in a strong position and they know it. Good work. The era of BS may be over, also agree this may be the start of something positive grafter1980

3:59pm Tue 31 Dec 13

oddshapedballs says...

More to the point how dare they put an adopt a rhino on a bulls post!!
More to the point how dare they put an adopt a rhino on a bulls post!! oddshapedballs

5:11pm Tue 31 Dec 13

Pablo says...

I think the parties concerned finally realise there is too much to lose in terms of reputations and cash if this is not resolved amicably.

It's sad that little clubs such as Batley, Keighley, Dewsbury et al can operate with the minimum of fuss, yet we are a laughing stock as we lurch from one crisis to another and air our dirty washing in public with all the squabbling at executive level.

I don't believe anything I read about the Bulls anymore. The personnel change but the shambles continues. Even Dynamo couldn't make a board of directors disappear and then reappear as quick.

I'm heartily sick and tired of the whole affair and dread to think the effect that this is having on the players and staff.
I think the parties concerned finally realise there is too much to lose in terms of reputations and cash if this is not resolved amicably. It's sad that little clubs such as Batley, Keighley, Dewsbury et al can operate with the minimum of fuss, yet we are a laughing stock as we lurch from one crisis to another and air our dirty washing in public with all the squabbling at executive level. I don't believe anything I read about the Bulls anymore. The personnel change but the shambles continues. Even Dynamo couldn't make a board of directors disappear and then reappear as quick. I'm heartily sick and tired of the whole affair and dread to think the effect that this is having on the players and staff. Pablo

5:40pm Tue 31 Dec 13

Reality001 says...

Mike Strutter wrote:
Trust me , Khan would rather this didn't go to court ;-)
I doubt Ian Watt, Andrew Calvert and Mark Moore would want it to go to court.

Why the tell the local newspaper they have resigned and left, when they didn't. A lie.
[quote][p][bold]Mike Strutter[/bold] wrote: Trust me , Khan would rather this didn't go to court ;-)[/p][/quote]I doubt Ian Watt, Andrew Calvert and Mark Moore would want it to go to court. Why the tell the local newspaper they have resigned and left, when they didn't. A lie. Reality001

Comments are closed on this article.

click2find

Get Adobe Flash player
About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree