Marc Green new favourite to take over Bradford Bulls helm

The Bulls need financial support quickly as they bid to bolster their threadbare squad

The Bulls need financial support quickly as they bid to bolster their threadbare squad

First published in Sport
Last updated
Bradford Telegraph and Argus: Photograph of the Author by , Bradford Bulls Reporter

An announcement on the Bulls’ ownership is expected today – with debenture holder Marc Green having emerged as the frontrunner to take control.

Mandy Koukash, a London-based consortium led by Richard Lamb and two other groups including senior figures from Bradford City and Bradford Park Avenue all made bids for the club.

But none of those parties had seen their offers accepted by administrator David Wilson as of last night, paving the way for Green to take up the challenge of keeping the Bulls in Super League.

Green’s company, Leeds-based Safeguard Security Group Ltd, is the Bulls’ biggest creditor following a loan it made to the club last September.

The loan was secured against the club by means of a debenture as the Bulls’ latest financial crisis began to unravel.

OK Bulls Ltd was placed into administration on January 31 after Green, managing director of SSG, appointed Wilson as administrator.

In a statement issued last week, Green revealed he has been working behind the scenes in an effort to broker a rescue deal.

He maintained that, had SSG not exercised its powers as debenture holders to appoint an administrator, the club would have been compulsorily wound up by Her Majesty’s Revenue and Customs.

It remains to be seen what level of financial support Green would be able to provide the Bulls with as they bid to bolster their threadbare squad with new signings in a bid to beat the drop.

* Bulls fans have started an online petition, which has already been sent to the administrator and the RFL, backing Mandy Koukash to take over at the club.

Supporters can still sign the petition at http://www.gopetition.com/petitions/let-mandy-koukash-save-the-bradford-bulls.html

Comments (33)

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7:46am Wed 26 Mar 14

bradfordbronco says...

So Friday was they meant by "early Next Week"!!
The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper.

The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season
So Friday was they meant by "early Next Week"!! The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper. The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season bradfordbronco
  • Score: 6

8:03am Wed 26 Mar 14

Shipley Paul says...

Well, it remains to be seen if today's expected announcement actually happens today, or a week on Monday, but at least if Mr. Green takes over he has a flying start as he's the biggest private creditor so already has money in the club. It's just so demoralising for everyone to keep having all these false dawns. Let's hope if he does take over that he has some financial clout and we can finally bring players in.
Well, it remains to be seen if today's expected announcement actually happens today, or a week on Monday, but at least if Mr. Green takes over he has a flying start as he's the biggest private creditor so already has money in the club. It's just so demoralising for everyone to keep having all these false dawns. Let's hope if he does take over that he has some financial clout and we can finally bring players in. Shipley Paul
  • Score: 3

8:07am Wed 26 Mar 14

Thee Voice of Reason says...

bradfordbronco wrote:
So Friday was they meant by "early Next Week"!!
The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper.

The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season
Once again just for you Bronco. The RFL does not pick the bid to be referred to the RFL. The administrator does based on the best deal for the creditors. The RFL then once the administrator has referred the best bid for the creditors checks over the bid and as with Lamb he was proven no to have the funds.

The RFL can only act on what the administrator refers to them. Mandy's bid is known to be bad for the creditors but good for the club but under that scenario all the better bids for the creditors will have to be checked first.

The simple it's all the RFL's fault is just plain daft.
[quote][p][bold]bradfordbronco[/bold] wrote: So Friday was they meant by "early Next Week"!! The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper. The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season[/p][/quote]Once again just for you Bronco. The RFL does not pick the bid to be referred to the RFL. The administrator does based on the best deal for the creditors. The RFL then once the administrator has referred the best bid for the creditors checks over the bid and as with Lamb he was proven no to have the funds. The RFL can only act on what the administrator refers to them. Mandy's bid is known to be bad for the creditors but good for the club but under that scenario all the better bids for the creditors will have to be checked first. The simple it's all the RFL's fault is just plain daft. Thee Voice of Reason
  • Score: 13

8:14am Wed 26 Mar 14

Bone_idle18 says...

Thee Voice of Reason wrote:
bradfordbronco wrote:
So Friday was they meant by "early Next Week"!!
The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper.

The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season
Once again just for you Bronco. The RFL does not pick the bid to be referred to the RFL. The administrator does based on the best deal for the creditors. The RFL then once the administrator has referred the best bid for the creditors checks over the bid and as with Lamb he was proven no to have the funds.

The RFL can only act on what the administrator refers to them. Mandy's bid is known to be bad for the creditors but good for the club but under that scenario all the better bids for the creditors will have to be checked first.

The simple it's all the RFL's fault is just plain daft.
True, the administrator picks it, but by now you'd think he had a pretty clear picture of the RFLs criteria.
[quote][p][bold]Thee Voice of Reason[/bold] wrote: [quote][p][bold]bradfordbronco[/bold] wrote: So Friday was they meant by "early Next Week"!! The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper. The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season[/p][/quote]Once again just for you Bronco. The RFL does not pick the bid to be referred to the RFL. The administrator does based on the best deal for the creditors. The RFL then once the administrator has referred the best bid for the creditors checks over the bid and as with Lamb he was proven no to have the funds. The RFL can only act on what the administrator refers to them. Mandy's bid is known to be bad for the creditors but good for the club but under that scenario all the better bids for the creditors will have to be checked first. The simple it's all the RFL's fault is just plain daft.[/p][/quote]True, the administrator picks it, but by now you'd think he had a pretty clear picture of the RFLs criteria. Bone_idle18
  • Score: 6

8:16am Wed 26 Mar 14

Fozz13 says...

Unless mr green takes control settles everything and then sells it to one of the other bidders ? Stranger things have happened
Unless mr green takes control settles everything and then sells it to one of the other bidders ? Stranger things have happened Fozz13
  • Score: 0

8:23am Wed 26 Mar 14

Bowlingboy says...

"It remains to be seen what level of financial support Green would be able to provide the Bulls with as they bid to bolster their threadbare squad with new signings in a bid to beat the drop."

I hope he is thinking of selling to recoup is investment as the guy sounds like another OK....

Why Oh Why?
"It remains to be seen what level of financial support Green would be able to provide the Bulls with as they bid to bolster their threadbare squad with new signings in a bid to beat the drop." I hope he is thinking of selling to recoup is investment as the guy sounds like another OK.... Why Oh Why? Bowlingboy
  • Score: 10

8:49am Wed 26 Mar 14

Videoref says...

Far be it for me to say I told you so but 2 weeks ago I told you so! I said Green would call his debt and get the club for nothing. It would appear he has. Can't see him throwing £1m at the club this season can you? Has he shown proof of funds to RFL?
Far be it for me to say I told you so but 2 weeks ago I told you so! I said Green would call his debt and get the club for nothing. It would appear he has. Can't see him throwing £1m at the club this season can you? Has he shown proof of funds to RFL? Videoref
  • Score: 5

8:50am Wed 26 Mar 14

Thee Voice of Reason says...

Green will want his money back. Taking over the however will require him to prove funding to the RFL which could mean paying over £1m to recoup £250k.
This appears a non starter so more time is wasted till the next bid can be checked.
Green will want his money back. Taking over the however will require him to prove funding to the RFL which could mean paying over £1m to recoup £250k. This appears a non starter so more time is wasted till the next bid can be checked. Thee Voice of Reason
  • Score: 4

8:55am Wed 26 Mar 14

spanglishbull.uk says...

T.V.O.R.
You are correct the Administrator picks the bid but the RFL decides if they want that bid or not.That says to me that the RFL decide on whether the Bulls survive or not.The Administrator is trying to get the best deal for the creditors,he can try till the cows come,if the RFL do not want that person in he has wasted his time.How much time has been wasted now and how much has it cost..Surely he knows what the RFL are looking for so why does he keep putting these bids forward knowing full well they will be rejected.I do not know Mr.Green so can not comment on him but if as understood B.P.A. are involved in any way with him in my opinion he will be rejected,unless of course they have an un named backer.
T.V.O.R. You are correct the Administrator picks the bid but the RFL decides if they want that bid or not.That says to me that the RFL decide on whether the Bulls survive or not.The Administrator is trying to get the best deal for the creditors,he can try till the cows come,if the RFL do not want that person in he has wasted his time.How much time has been wasted now and how much has it cost..Surely he knows what the RFL are looking for so why does he keep putting these bids forward knowing full well they will be rejected.I do not know Mr.Green so can not comment on him but if as understood B.P.A. are involved in any way with him in my opinion he will be rejected,unless of course they have an un named backer. spanglishbull.uk
  • Score: 4

8:56am Wed 26 Mar 14

Ackersthebull says...

Fozz13 wrote:
Unless mr green takes control settles everything and then sells it to one of the other bidders ? Stranger things have happened
I think that's exactly what will happen and sooner rather than later. He has just guaranteed that he is the creditor who will recoup his money. Mandy Koukash appears to be willing to invest so once the club is in Green's hands he can do as he wishes as long as he sells to someone who is fit and proper. Money back and a bit of profit to go with it. Nice little earner!
[quote][p][bold]Fozz13[/bold] wrote: Unless mr green takes control settles everything and then sells it to one of the other bidders ? Stranger things have happened[/p][/quote]I think that's exactly what will happen and sooner rather than later. He has just guaranteed that he is the creditor who will recoup his money. Mandy Koukash appears to be willing to invest so once the club is in Green's hands he can do as he wishes as long as he sells to someone who is fit and proper. Money back and a bit of profit to go with it. Nice little earner! Ackersthebull
  • Score: 1

8:56am Wed 26 Mar 14

Videoref says...

bradfordbronco wrote:
So Friday was they meant by "early Next Week"!!
The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper.

The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season
And don't forget it is because of this guys actions we had 6 points deducted.
[quote][p][bold]bradfordbronco[/bold] wrote: So Friday was they meant by "early Next Week"!! The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper. The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season[/p][/quote]And don't forget it is because of this guys actions we had 6 points deducted. Videoref
  • Score: -1

9:04am Wed 26 Mar 14

northern pig says...

As a paying supporter of the club,like most posters on Bulls forum sites, I feel i am entitled to an opinion. I don't give a sot if other people don't like what i have to say.Marc Green's bid as been accepted by the administrator because he is owed money by past owners of the club and meets the criteria .It is not the best outcome for the Bulls to move forward.Owning a club simply to get your money back is the wrong reason.We shall see what transpires but i am not confident that the club will see the season out and if it does will be playing at a lower level,as T.V.O.R. as already stated.
As a paying supporter of the club,like most posters on Bulls forum sites, I feel i am entitled to an opinion. I don't give a sot if other people don't like what i have to say.Marc Green's bid as been accepted by the administrator because he is owed money by past owners of the club and meets the criteria .It is not the best outcome for the Bulls to move forward.Owning a club simply to get your money back is the wrong reason.We shall see what transpires but i am not confident that the club will see the season out and if it does will be playing at a lower level,as T.V.O.R. as already stated. northern pig
  • Score: 10

9:06am Wed 26 Mar 14

Thee Voice of Reason says...

Videoref wrote:
bradfordbronco wrote: So Friday was they meant by "early Next Week"!! The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper. The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season
And don't forget it is because of this guys actions we had 6 points deducted.
Another simplistic outlook. The club was under a winding up order from HMRC, therefore if it wasn't placed into admin the club could well be wound up and liquidated by now.
The courts show that a winding up order was issued, and date for the hearing was early March, therefore without Admin the club would cease to exist unless someone had £200k lying about to pay of HMRC.
[quote][p][bold]Videoref[/bold] wrote: [quote][p][bold]bradfordbronco[/bold] wrote: So Friday was they meant by "early Next Week"!! The guy who put them administration to protect his £200,000 or whatever it was is now going to be seen by the RFL as the best bid. I don't think even the utters at Red Hall can believe this is the case. We aswell just call it a day now and leave the RFL with some real problems to sort out. We're gonna get relegated anyway so lets go out with a bang not a whimper. The only other solution is for someonewith money to come in andd sign up the existing players we want for next season in the Chamipionship on fulll time wages (Addy, Donaldson, Foster, Gaskell, Gale, Blyth, Ferguson etc). Kearney, Diskin can leave at the end of this season. Then add some real quality so we can get promoted back into SL at the end of next season[/p][/quote]And don't forget it is because of this guys actions we had 6 points deducted.[/p][/quote]Another simplistic outlook. The club was under a winding up order from HMRC, therefore if it wasn't placed into admin the club could well be wound up and liquidated by now. The courts show that a winding up order was issued, and date for the hearing was early March, therefore without Admin the club would cease to exist unless someone had £200k lying about to pay of HMRC. Thee Voice of Reason
  • Score: 6

9:13am Wed 26 Mar 14

Thee Voice of Reason says...

spanglishbull.uk wrote:
T.V.O.R. You are correct the Administrator picks the bid but the RFL decides if they want that bid or not.That says to me that the RFL decide on whether the Bulls survive or not.The Administrator is trying to get the best deal for the creditors,he can try till the cows come,if the RFL do not want that person in he has wasted his time.How much time has been wasted now and how much has it cost..Surely he knows what the RFL are looking for so why does he keep putting these bids forward knowing full well they will be rejected.I do not know Mr.Green so can not comment on him but if as understood B.P.A. are involved in any way with him in my opinion he will be rejected,unless of course they have an un named backer.
I'm just wondering if the Administrator is just following the letter of the law and saying to the RFL, here if the best bid for the creditors will you verify it and if there is any problems we will supply you details of the next best bid.

The administrator hasn't spoken to the press so it's all guess work nor are they under any requirement to do so.

If Mandy's bid was the worst out of the bids then the others have to be properly verified and given a fair chance before it can be looked at.

There is still an outside chance at this stage Mr Green could takeover the club and then sell it to Mandy for a full return of his loan money meaning it might not get to Mandy's administrators bid.

Who knows at this stage it's all speculation but I beleive the letter of the law is being followed and like I said weeks ago, the best bid for the creditors is not the best bid for the club which means a massive conflict of interest when trying to makesure the club is left in safe hands and the events of the last few years are avoided from happening again.
[quote][p][bold]spanglishbull.uk[/bold] wrote: T.V.O.R. You are correct the Administrator picks the bid but the RFL decides if they want that bid or not.That says to me that the RFL decide on whether the Bulls survive or not.The Administrator is trying to get the best deal for the creditors,he can try till the cows come,if the RFL do not want that person in he has wasted his time.How much time has been wasted now and how much has it cost..Surely he knows what the RFL are looking for so why does he keep putting these bids forward knowing full well they will be rejected.I do not know Mr.Green so can not comment on him but if as understood B.P.A. are involved in any way with him in my opinion he will be rejected,unless of course they have an un named backer.[/p][/quote]I'm just wondering if the Administrator is just following the letter of the law and saying to the RFL, here if the best bid for the creditors will you verify it and if there is any problems we will supply you details of the next best bid. The administrator hasn't spoken to the press so it's all guess work nor are they under any requirement to do so. If Mandy's bid was the worst out of the bids then the others have to be properly verified and given a fair chance before it can be looked at. There is still an outside chance at this stage Mr Green could takeover the club and then sell it to Mandy for a full return of his loan money meaning it might not get to Mandy's administrators bid. Who knows at this stage it's all speculation but I beleive the letter of the law is being followed and like I said weeks ago, the best bid for the creditors is not the best bid for the club which means a massive conflict of interest when trying to makesure the club is left in safe hands and the events of the last few years are avoided from happening again. Thee Voice of Reason
  • Score: 5

9:15am Wed 26 Mar 14

raisemeup says...

Shipley Paul wrote:
Well, it remains to be seen if today's expected announcement actually happens today, or a week on Monday, but at least if Mr. Green takes over he has a flying start as he's the biggest private creditor so already has money in the club. It's just so demoralising for everyone to keep having all these false dawns. Let's hope if he does take over that he has some financial clout and we can finally bring players in.
At this stage Shipley I would much prefer Luke Dorn than a false one?
We need a midfield leader desperately.

Not sure about Marc Green, will he have the millions as proof of funding.
Or the £500k required as immediate investment, and will he pass the due diligence test, and will he agree to pay the creditors or at least the preferential creditors. ie ones that hold a debenture and a floating charge...That's him is it not so he satisfies that obstacle, and we should get some points back for that?
[quote][p][bold]Shipley Paul[/bold] wrote: Well, it remains to be seen if today's expected announcement actually happens today, or a week on Monday, but at least if Mr. Green takes over he has a flying start as he's the biggest private creditor so already has money in the club. It's just so demoralising for everyone to keep having all these false dawns. Let's hope if he does take over that he has some financial clout and we can finally bring players in.[/p][/quote]At this stage Shipley I would much prefer Luke Dorn than a false one? We need a midfield leader desperately. Not sure about Marc Green, will he have the millions as proof of funding. Or the £500k required as immediate investment, and will he pass the due diligence test, and will he agree to pay the creditors or at least the preferential creditors. ie ones that hold a debenture and a floating charge...That's him is it not so he satisfies that obstacle, and we should get some points back for that? raisemeup
  • Score: -2

9:16am Wed 26 Mar 14

spanglishbull.uk says...

Northern Pig,
You indeed are entitled to your opinion and if as you say Mr.Greens bid has been selected by the Administrator it still has to satisfy the RFL.As T.V.O.R pointed out I can not see anybody paying up 1 million pounds to get £250000 00 back can you?If he does he obviously is not an intelligent businessman and will not pass the fit and proper purpose test or he has a hidden agenda.This is possibly where B.P.A. come into the equation.I think we all realise the Bulls will not be in Super League next season but surely this fiasco wants to come to an end now,never to recur again.Do you think with this bid that will end the matter.I doubt it very much,there will be more to come.
Northern Pig, You indeed are entitled to your opinion and if as you say Mr.Greens bid has been selected by the Administrator it still has to satisfy the RFL.As T.V.O.R pointed out I can not see anybody paying up 1 million pounds to get £250000 00 back can you?If he does he obviously is not an intelligent businessman and will not pass the fit and proper purpose test or he has a hidden agenda.This is possibly where B.P.A. come into the equation.I think we all realise the Bulls will not be in Super League next season but surely this fiasco wants to come to an end now,never to recur again.Do you think with this bid that will end the matter.I doubt it very much,there will be more to come. spanglishbull.uk
  • Score: 8

9:28am Wed 26 Mar 14

axelf1963 says...

Told you so
Told you so axelf1963
  • Score: -4

9:28am Wed 26 Mar 14

Van Bellen's Baby says...

Ackersthebull wrote:
Fozz13 wrote:
Unless mr green takes control settles everything and then sells it to one of the other bidders ? Stranger things have happened
I think that's exactly what will happen and sooner rather than later. He has just guaranteed that he is the creditor who will recoup his money. Mandy Koukash appears to be willing to invest so once the club is in Green's hands he can do as he wishes as long as he sells to someone who is fit and proper. Money back and a bit of profit to go with it. Nice little earner!
I see the logic of your suggestion but the problem is that the creditor debt will stay alive in the form of how much Mr Green will want for the club and therefore Mandy might just as well settled with the creditors in the first place.
[quote][p][bold]Ackersthebull[/bold] wrote: [quote][p][bold]Fozz13[/bold] wrote: Unless mr green takes control settles everything and then sells it to one of the other bidders ? Stranger things have happened[/p][/quote]I think that's exactly what will happen and sooner rather than later. He has just guaranteed that he is the creditor who will recoup his money. Mandy Koukash appears to be willing to invest so once the club is in Green's hands he can do as he wishes as long as he sells to someone who is fit and proper. Money back and a bit of profit to go with it. Nice little earner![/p][/quote]I see the logic of your suggestion but the problem is that the creditor debt will stay alive in the form of how much Mr Green will want for the club and therefore Mandy might just as well settled with the creditors in the first place. Van Bellen's Baby
  • Score: 0

9:51am Wed 26 Mar 14

Thee Voice of Reason says...

This is doing the rounds. I have no idea of how genuine it is but thought I'd pass it on as I have seen it in two separate places now.

" I can advise you that the sale of the club was completed yesterday evening and a press conference will be held later this morning by the purchaser to make a formal announcement, i am unable to make any further statement due to the confidentiality agreement in place, but hopefully you will be pleased with the outcome of the situation"

Yours sincerely

David F Wilson
Admininstrator
This is doing the rounds. I have no idea of how genuine it is but thought I'd pass it on as I have seen it in two separate places now. " I can advise you that the sale of the club was completed yesterday evening and a press conference will be held later this morning by the purchaser to make a formal announcement, i am unable to make any further statement due to the confidentiality agreement in place, but hopefully you will be pleased with the outcome of the situation" Yours sincerely David F Wilson Admininstrator Thee Voice of Reason
  • Score: 2

9:53am Wed 26 Mar 14

bullybullman says...

I don’t know what think anymore ! on the face of it Marc Green looks like another of the 10 Bob millionaires we have had at our club ! he`s the main creditor, he put the club into Administration causing the 6 point deduction yet he is the preferred bidder.

I think the fans choice is Mandy Koukash but there is never any info on what people are offering. Richard Lamb had to prove he had a million does Marc Green have to prove the same ?

One thing is for sure I don’t think any of us can trust the Administrator or the RFL.

All we can do is wait for the next twist in the saga whispers are Mr Caisley is involved with the Marc Green bid.
I don’t know what think anymore ! on the face of it Marc Green looks like another of the 10 Bob millionaires we have had at our club ! he`s the main creditor, he put the club into Administration causing the 6 point deduction yet he is the preferred bidder. I think the fans choice is Mandy Koukash but there is never any info on what people are offering. Richard Lamb had to prove he had a million does Marc Green have to prove the same ? One thing is for sure I don’t think any of us can trust the Administrator or the RFL. All we can do is wait for the next twist in the saga whispers are Mr Caisley is involved with the Marc Green bid. bullybullman
  • Score: 5

10:00am Wed 26 Mar 14

northern pig says...

spanglishbull.uk wrote:
Northern Pig,
You indeed are entitled to your opinion and if as you say Mr.Greens bid has been selected by the Administrator it still has to satisfy the RFL.As T.V.O.R pointed out I can not see anybody paying up 1 million pounds to get £250000 00 back can you?If he does he obviously is not an intelligent businessman and will not pass the fit and proper purpose test or he has a hidden agenda.This is possibly where B.P.A. come into the equation.I think we all realise the Bulls will not be in Super League next season but surely this fiasco wants to come to an end now,never to recur again.Do you think with this bid that will end the matter.I doubt it very much,there will be more to come.
May be i am jumping the gun regarding the Mark Green bid but we are rapidly running out of bidders.As for the BPA bid,i believe you and i, have been in Odsal Stadium,watching a match with just a few hundred spectators there.It is as insipid as cold tea! Avenue playing there would be like.Queens Park. playing at Hampden Park.Pointles.
[quote][p][bold]spanglishbull.uk[/bold] wrote: Northern Pig, You indeed are entitled to your opinion and if as you say Mr.Greens bid has been selected by the Administrator it still has to satisfy the RFL.As T.V.O.R pointed out I can not see anybody paying up 1 million pounds to get £250000 00 back can you?If he does he obviously is not an intelligent businessman and will not pass the fit and proper purpose test or he has a hidden agenda.This is possibly where B.P.A. come into the equation.I think we all realise the Bulls will not be in Super League next season but surely this fiasco wants to come to an end now,never to recur again.Do you think with this bid that will end the matter.I doubt it very much,there will be more to come.[/p][/quote]May be i am jumping the gun regarding the Mark Green bid but we are rapidly running out of bidders.As for the BPA bid,i believe you and i, have been in Odsal Stadium,watching a match with just a few hundred spectators there.It is as insipid as cold tea! Avenue playing there would be like.Queens Park. playing at Hampden Park.Pointles. northern pig
  • Score: 3

10:26am Wed 26 Mar 14

tuono 59 says...

What are the rfl going to do with the ground if the bulls are relagated ?less money coming in would mean staying at odsal would be impossible .Is this why the rfl are now insisting new owners have money to spend not to save the bulls but to protect their own investment?
What are the rfl going to do with the ground if the bulls are relagated ?less money coming in would mean staying at odsal would be impossible .Is this why the rfl are now insisting new owners have money to spend not to save the bulls but to protect their own investment? tuono 59
  • Score: -3

10:43am Wed 26 Mar 14

axelf1963 says...

I know
I know axelf1963
  • Score: -1

10:45am Wed 26 Mar 14

tezzawils says...

I think we should all take a step back and think about this Marc green bid if a company or guy if you can afford to lend 250 ,000 to the bulls or whitcut as it was . It could not have been his last money he must have been able to lend that sort of money and to be able to lend that amount of money you must have plenty or company must have , and how many more loans have they lent out you have have to be worth a lot of money to be able to loan so much . To borrow that much from a bank would take a lot of doing unless you had the safeguard of that amount . So let's give him a chance
I think we should all take a step back and think about this Marc green bid if a company or guy if you can afford to lend 250 ,000 to the bulls or whitcut as it was . It could not have been his last money he must have been able to lend that sort of money and to be able to lend that amount of money you must have plenty or company must have , and how many more loans have they lent out you have have to be worth a lot of money to be able to loan so much . To borrow that much from a bank would take a lot of doing unless you had the safeguard of that amount . So let's give him a chance tezzawils
  • Score: 0

11:14am Wed 26 Mar 14

Ackersthebull says...

Van Bellen's Baby wrote:
Ackersthebull wrote:
Fozz13 wrote:
Unless mr green takes control settles everything and then sells it to one of the other bidders ? Stranger things have happened
I think that's exactly what will happen and sooner rather than later. He has just guaranteed that he is the creditor who will recoup his money. Mandy Koukash appears to be willing to invest so once the club is in Green's hands he can do as he wishes as long as he sells to someone who is fit and proper. Money back and a bit of profit to go with it. Nice little earner!
I see the logic of your suggestion but the problem is that the creditor debt will stay alive in the form of how much Mr Green will want for the club and therefore Mandy might just as well settled with the creditors in the first place.
Yea I considered that and not knowing enough about the deal or the price offered I thought that as the 6 point penalty is in place he could forget about the other creditors, get his money and the purchase price back and be selfish as most of the others involved for god knows how long have been.
I'm b*ggered if I know!
[quote][p][bold]Van Bellen's Baby[/bold] wrote: [quote][p][bold]Ackersthebull[/bold] wrote: [quote][p][bold]Fozz13[/bold] wrote: Unless mr green takes control settles everything and then sells it to one of the other bidders ? Stranger things have happened[/p][/quote]I think that's exactly what will happen and sooner rather than later. He has just guaranteed that he is the creditor who will recoup his money. Mandy Koukash appears to be willing to invest so once the club is in Green's hands he can do as he wishes as long as he sells to someone who is fit and proper. Money back and a bit of profit to go with it. Nice little earner![/p][/quote]I see the logic of your suggestion but the problem is that the creditor debt will stay alive in the form of how much Mr Green will want for the club and therefore Mandy might just as well settled with the creditors in the first place.[/p][/quote]Yea I considered that and not knowing enough about the deal or the price offered I thought that as the 6 point penalty is in place he could forget about the other creditors, get his money and the purchase price back and be selfish as most of the others involved for god knows how long have been. I'm b*ggered if I know! Ackersthebull
  • Score: 2

11:36am Wed 26 Mar 14

Bull4Life says...

Well I can CONFIRM that Green has indeed won the takeover bid. I have just received a BELONG email direct from the bulls with the following headline...

"BRADFORD BULLS officials are delighted to announce the completion of its takeover, with Marc Green today finalising the purchase of the club."
Well I can CONFIRM that Green has indeed won the takeover bid. I have just received a BELONG email direct from the bulls with the following headline... "BRADFORD BULLS officials are delighted to announce the completion of its takeover, with Marc Green today finalising the purchase of the club." Bull4Life
  • Score: -3

11:38am Wed 26 Mar 14

Bull4Life says...

The aforementioned email goes on to say...

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.

Mr Green – whose bid was approved yesterday as the successful one – this morning met with staff and players in his new role as chairman.

Robbie Hunter-Paul is to remain in position as the club’s chief executive and Mr Green has acted swiftly to bolster the Bulls’ senior management team, appointing Steve Ferres as managing director.

The former Bradford Northern player and Wakefield, Castleford and York CEO is to bring vast experience to The Provident Stadium, driving the club forward into a new era.

“I am really pleased to have completed the takeover of this fantastic club,” said Mr Green, a successful local businessman who owns, manages and operates an extensive, multi-million pound business portfolio.

“Bradford Bulls is a major sporting brand in the United Kingdom and I think this has been proven by the sheer volume of national media coverage which the club has received throughout the process of its future being secured.

“I have been working with the Bulls for the best part of six months, prior to this, and I think it is important for the supporters, stakeholders and staff to work towards restoring this club to its former glory.

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

“We are confident, in a short amount of time, we can make a full audit of every business unit and prioritise the aspects that will make the biggest impact.

“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.

“Myself, Steve and Robbie are fully behind the head coach Francis Cummins and his backroom staff. We believe he is the man to deliver on-field success for Bradford Bulls. I would also like to thank David Wilson, of DFW Associates, and his team for all of their efforts throughout this process.

"Finally, but by no means least, I would like to thank you David for your support and together, we can take this club back to where it BELONGS"
The aforementioned email goes on to say... 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. Mr Green – whose bid was approved yesterday as the successful one – this morning met with staff and players in his new role as chairman. Robbie Hunter-Paul is to remain in position as the club’s chief executive and Mr Green has acted swiftly to bolster the Bulls’ senior management team, appointing Steve Ferres as managing director. The former Bradford Northern player and Wakefield, Castleford and York CEO is to bring vast experience to The Provident Stadium, driving the club forward into a new era. “I am really pleased to have completed the takeover of this fantastic club,” said Mr Green, a successful local businessman who owns, manages and operates an extensive, multi-million pound business portfolio. “Bradford Bulls is a major sporting brand in the United Kingdom and I think this has been proven by the sheer volume of national media coverage which the club has received throughout the process of its future being secured. “I have been working with the Bulls for the best part of six months, prior to this, and I think it is important for the supporters, stakeholders and staff to work towards restoring this club to its former glory. “Now that the takeover is complete, the team and I are in a position to move forward with the business. “We are confident, in a short amount of time, we can make a full audit of every business unit and prioritise the aspects that will make the biggest impact. “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. “Myself, Steve and Robbie are fully behind the head coach Francis Cummins and his backroom staff. We believe he is the man to deliver on-field success for Bradford Bulls. I would also like to thank David Wilson, of DFW Associates, and his team for all of their efforts throughout this process. "Finally, but by no means least, I would like to thank you David for your support and together, we can take this club back to where it BELONGS" Bull4Life
  • Score: -3

11:43am Wed 26 Mar 14

Bowlingboy says...

So whats the deal with the 6 points now then?
No mention of new playing staff........
Here we go again!
So whats the deal with the 6 points now then? No mention of new playing staff........ Here we go again! Bowlingboy
  • Score: 1

11:53am Wed 26 Mar 14

Thee Voice of Reason says...

Bowlingboy wrote:
So whats the deal with the 6 points now then? No mention of new playing staff........ Here we go again!
What about the 6 points? They were the penalty for going into admin. I guess there is a right to appeal by the new owner but I'm guessing the new owner knows that they come along with the club so will be working on the basis of a 6 point deduction.
[quote][p][bold]Bowlingboy[/bold] wrote: So whats the deal with the 6 points now then? No mention of new playing staff........ Here we go again![/p][/quote]What about the 6 points? They were the penalty for going into admin. I guess there is a right to appeal by the new owner but I'm guessing the new owner knows that they come along with the club so will be working on the basis of a 6 point deduction. Thee Voice of Reason
  • Score: 3

11:56am Wed 26 Mar 14

Bull4Life says...

Why have my previous posts got scores of -3 ? all I have done is post the contents of an email, have I broken a rule or something?
Why have my previous posts got scores of -3 ? all I have done is post the contents of an email, have I broken a rule or something? Bull4Life
  • Score: 1

1:15pm Wed 26 Mar 14

bradfordbronco says...

Bull4Life wrote:
Why have my previous posts got scores of -3 ? all I have done is post the contents of an email, have I broken a rule or something?
Don't worry about it. Somebody corrected a spelling mistake the other week and got a thumbs up for it! Some people even vote in favour of their comments
[quote][p][bold]Bull4Life[/bold] wrote: Why have my previous posts got scores of -3 ? all I have done is post the contents of an email, have I broken a rule or something?[/p][/quote]Don't worry about it. Somebody corrected a spelling mistake the other week and got a thumbs up for it! Some people even vote in favour of their comments bradfordbronco
  • Score: 0

1:23pm Wed 26 Mar 14

Bull4Life says...

bradfordbronco wrote:
Bull4Life wrote:
Why have my previous posts got scores of -3 ? all I have done is post the contents of an email, have I broken a rule or something?
Don't worry about it. Somebody corrected a spelling mistake the other week and got a thumbs up for it! Some people even vote in favour of their comments
Yeah I have read some of the other news items and the comments on them and there seems to be quite a bit of playground style tittle tattle going on between some people. Oh well, In hindsight I think my posts were down-voted because it was news a lot of people didn't want to hear.

But, it is what it is. I'm a season ticket holder and I'll support the bulls come what may. I don't know enough about the respective bidders and the nature of their offers to join the discussion and that's why I have been a silent observer the past two weeks (other than breaking the news as I received it).

Lets just hope this new appointment turns out good for the club and we can salvage something from the remainder of our season.

COYB!
[quote][p][bold]bradfordbronco[/bold] wrote: [quote][p][bold]Bull4Life[/bold] wrote: Why have my previous posts got scores of -3 ? all I have done is post the contents of an email, have I broken a rule or something?[/p][/quote]Don't worry about it. Somebody corrected a spelling mistake the other week and got a thumbs up for it! Some people even vote in favour of their comments[/p][/quote]Yeah I have read some of the other news items and the comments on them and there seems to be quite a bit of playground style tittle tattle going on between some people. Oh well, In hindsight I think my posts were down-voted because it was news a lot of people didn't want to hear. But, it is what it is. I'm a season ticket holder and I'll support the bulls come what may. I don't know enough about the respective bidders and the nature of their offers to join the discussion and that's why I have been a silent observer the past two weeks (other than breaking the news as I received it). Lets just hope this new appointment turns out good for the club and we can salvage something from the remainder of our season. COYB! Bull4Life
  • Score: 2

3:07pm Wed 26 Mar 14

Thee Voice of Reason says...

bradfordbronco wrote:
Bull4Life wrote:
Why have my previous posts got scores of -3 ? all I have done is post the contents of an email, have I broken a rule or something?
Don't worry about it. Somebody corrected a spelling mistake the other week and got a thumbs up for it! Some people even vote in favour of their comments
Thee clique vote my comments down on the basis they don't like me. Some people are just funny like that.
[quote][p][bold]bradfordbronco[/bold] wrote: [quote][p][bold]Bull4Life[/bold] wrote: Why have my previous posts got scores of -3 ? all I have done is post the contents of an email, have I broken a rule or something?[/p][/quote]Don't worry about it. Somebody corrected a spelling mistake the other week and got a thumbs up for it! Some people even vote in favour of their comments[/p][/quote]Thee clique vote my comments down on the basis they don't like me. Some people are just funny like that. Thee Voice of Reason
  • Score: 0

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