The Bulls will have a better idea where their plans for a new stadium stand by the end of the month.

Chairman Peter Hood remains positive Odsal Sporting Village can be delivered in some form, even after a lack of funding caused Bradford Council to explore scaled-down alternatives to the original £75.5 million project.

Changes in local and national government since May’s general election have further delayed progress but the scheme’s steering group are set to meet on August 26 to discuss a possible way forward.

Hood said: “The club has always been realistic about the plans.

“The problem recently is that leadership has changed and we have had to wait until the first time we all sit down under the new leadership.

“We need to see how the new Labour leadership see the agenda now and how it will be affected by what the national Government has proposed in cuts.

“Realism and pragmatism have always been there and we’re confident of moving forward.

“But time is moving on and this time next year we will make our application for a new licence, by which time we would need to have more than just architects drawings.”

Although Bradford’s place in Super League is not likely to be under threat when the next batch of licences are handed out for 2012, Hood (pictured) believes a lack of progress on stadium development could prove harmful further down the line.

The Bulls supremo remains open-minded about possible solutions and has still not ruled out a possible move to Bradford City’s Valley Parade home.

“As I have said in the past, we will rule nothing out and nothing in,” he said.

“We want to stay here in a purpose-built stadium but we will rule nothing out.”

Meanwhile, Salford confirmed yesterday that Bulls centre Chris Nero will join them on a three-year contract next season.

“Chris is an outstanding player with plenty of Super League experience,” said Reds’ football director Steve Sims. “He will give us a lot of extra strike-power in our outside backs with his running off our forwards.”