‘Unrealistic’ Bulls bid gets thumbs-down

MP Gerry Sutcliffe MP Gerry Sutcliffe

Bradford Bulls were today in danger of going into liquidation after the Rugby Football League rejected a consortium’s bid to save the crisis-hit club from collapse on the eve of a deadline to find a new buyer.

The governing body last night confirmed it had thrown out an “unacceptable” offer for the rugby league club by a group of Bradford businessmen, known as ABC, and branded conditions attached to their bid as “unreasonable and unrealistic”.

The consortium, which had submitted an offer conditional on the stricken side remaining in the Super League and the RFL handing back the lease to Odsal Stadium, has now put a new deal on the table with only hours to go before today’s deadline.

The terms of its new offer are not yet known.

A spokesman for the RFL said last night: “Details of a further offer for Bradford Bulls are currently being assessed by the RFL, which will continue to work with the administrator to help find new owners for the club.”

Joint administrator Brendan Guilfoyle, of The P&A Partnership has previously indicated the deadline could be extended if he could find £200,000 to pay the club’s August wage bill.

Last night he said he was “depressed” to hear about the rejection.

He said: “I have been made aware the consortium’s offer has been rejected and that there is also another offer which I will be asking about when I meet the RFL today.”

He also said the self-imposed deadline to find a new buyer was always extendable depending on the progress that is made.

“We really need a purchaser. I’m hoping there will be more developments at the meeting. The clock is ticking very quickly and we will soon have more wages to pay.”

Former Sports Minister and Bradford South MP Gerry Sutcliffe, honorary chairman of a rival bid for the club, said the RFL’s announcement was a “blow” but would not affect a potential offer by Bradford curry house boss Omar Khan.

The pair, whose bid was exclusively revealed in the Telegraph & Argus yesterday, met Mr Guilfoyle yesterday to discuss Mr Khan’s plan to buy the Bulls for an undisclosed sum. Mr Sutcliffe said he still hoped a last-ditch bid could be put together before today’s deadline, although their offer carries the same conditions as ABC’s.

“It doesn’t affect our bid at the moment,” he said.

“Our bid’s not been seen by the RFL so we will have to wait and see, but it’s clearly a blow.

“I think the ABC bid was a genuine bid from people who care about the club.”

Mr Sutcliffe said yesterday’s meeting with the administrator had been “constructive”, but there were “complex issues” to be resolved.

He said Mr Khan, who runs Indian restaurants in Bradford and Skipton , was now waiting to hear if any support would be made available by Bradford Council.

Council leader David Green, confirmed the authority had been approached by the pair on Tuesday and its financial officers were looking at the paperwork.

Comments(24)

Thee Voice of Reason says...
8:21am Fri 27 Jul 12

I would be disapointed if the council gave these two the money to purchase the club, whilst at the same time they cut care for the elderly saying there is no money.

The other bid appears to not require public funds and according to this article they now realise their conditions were unreasonable so are goimg back with a revised bid, after all its the RFL who lay down the conditions not the Bulls.

scandanavian's love child52 says...
9:01am Fri 27 Jul 12

The city is in a terrible state without bankrolling a failing rugby club who only a fraction watch

DevonBull says...
9:26am Fri 27 Jul 12

We pay our council tax, we pay for things that seem pointless to some of us, so why cant I get my tax back for the last 20 years that I have paid for things I do not agree with? I can then give it to those that deserve it! Simple really!

AdeyG'man says...
9:27am Fri 27 Jul 12

scandanavian's love child52 wrote:
The city is in a terrible state without bankrolling a failing rugby club who only a fraction watch
Better than spending it on a park that only a fraction visit, in a town only a fraction of people shop in. Maybe we should just do away with sport in Bradford all together.

Schoey 2 says...
9:46am Fri 27 Jul 12

Interesting comment on The Sun online that RFL have agreed to pay Bulls players until 30 November!

The plot thickens with all these twists and turns!

scandanavian's love child52 says...
10:24am Fri 27 Jul 12

Sums it up really from the ridiculous asking for tax back to sun readers. I do agree with the point about the park but elderly care should be a priority and they will have paid more in than you.

scandanavian's love child52 says...
10:24am Fri 27 Jul 12

Sums it up really from the ridiculous asking for tax back to sun readers. I do agree with the point about the park but elderly care should be a priority and they will have paid more in than you.

Prycey says...
11:06am Fri 27 Jul 12

It doesn’t come as a surprise as it was the first move by the bidders. As for should the RFL tell us the details, no they shouldn’t. This was a private bid to buy a company. If I was the bidder I wouldn’t want confidential details disclosing in public especially if I thought other bidders were waiting to make their move. Of course I want to know everything that is going on but I shall have to wait till all of the private meetings have taken place and they all appear on the steps shaking hands and smiling, then we will only find out what they want us to know. The other alternative is to read everything from certain posters on here as they seem to know most things. Unfortunately I don’t so I shall wait and keep my fingers crossed.

BlackpoolBull says...
11:25am Fri 27 Jul 12

To be fair, it's speculative on everyone's part at the moment as to what will happen.
My guess would be that today will see the administration extended as the two/three parties involved do some horse trading and then there will be an anouncement in a few more days. Hope i'm wrong and that it all gets sorted today.


Also, if a bloke whose surname is Sutcliffe can get elected in Bradford there's no telling what he could do for the Bulls! *ahem*

shikran says...
11:31am Fri 27 Jul 12

Fingers crossed everything gets sorted today, the longer it goes on more speculation is fueled and more mad arguments on here

Deadline will probably be extended again tho to allow other bidders in hate it dragging on

bartsbull says...
12:21pm Fri 27 Jul 12

If the initial bid was declined by the RFL for a consortium wanting to purchase the club and were willing to put 2 million plus into the sport with some security

Purchasing the lease back and the club staying in super league lets say for the next two years until applications come round again

The RFL could not carry out any developement of the ground without council approval no one can

So if the consortium have offered money to purchase the lease back what is the reason behind not wanting to sell it back to new owners

Does the RFL want clubs to be secure or do they want the Bulls out of Super league.


Reading between the lines they do then they can re arrange the first div and move to having twelve teams in super league and bring in promotion and relegation

SharonVH says...
12:28pm Fri 27 Jul 12

Where does it actually state in the above article that the council are actually putting any monies into this? It states the Mr G Sutcliffe is an honorary chairman of a rival consortium, so surely he's been invited into he role and not bought into it.

raisemeup says...
12:30pm Fri 27 Jul 12

scandanavian's love child52 wrote:
Sums it up really from the ridiculous asking for tax back to sun readers. I do agree with the point about the park but elderly care should be a priority and they will have paid more in than you.
You write as if you care, about the care of elderly and underpriveliged in the City?..
Confusing messages from someone who doesn't care about anything but his own warped sense of vanity and unwitless wit!!

Don't bother with a rebuttle, I think I can guess?

The council are not wrong, and it was always muted as a type of bridging loan to help the club get back on it's feet.

_Size3_ says...
12:47pm Fri 27 Jul 12

AdeyG'man wrote:
scandanavian's love child52 wrote: The city is in a terrible state without bankrolling a failing rugby club who only a fraction watch
Better than spending it on a park that only a fraction visit, in a town only a fraction of people shop in. Maybe we should just do away with sport in Bradford all together.
I think you'll find Bradford City aren't losing £100,000.00 a month so we'll gladly be excluded from this comment thank you very much lol.

scandanavian's love child52 says...
1:09pm Fri 27 Jul 12

Touche

Thee Voice of Reason says...
1:10pm Fri 27 Jul 12

Schoey 2 wrote:
Interesting comment on The Sun online that RFL have agreed to pay Bulls players until 30 November!

The plot thickens with all these twists and turns!
Two days ago you were hanging of the fact the bulls were given a points deduction as a reason that a deal was in place now your saying somethings appeared in the sun and championing it as gospel.

Others are disgusted that public money isn't been poured into the club to keep it alive so what next? Has Mr Morrison been made the scapegoat because he sita by with his millions and some idiot will call for a boycott of Morrison store.

Its the same pattern over and over.

tyker2 says...
1:47pm Fri 27 Jul 12

going, going, gone!!!

If the super league are now dictating who can and cannot run the club then the licence is going to be withdrawn and then what.

THE LEAGUE ARE BETWEEN A HARD PLACE AND A ROCK!!

The lease money has gone one way or another, the banks will not extend overdraft facilities and the revenue are presssing.

So what do the league do with the lease: remember all those years ago when Park Avenue was sold to someone who wanted to develop it:the council refused any planning permission:history will repeat itself at Odsal.

So what happens next: me with a £100 million win tonight. No chance. I would rather invest at VP so long as Lawn was not around!!

Schoey 2 says...
1:52pm Fri 27 Jul 12

Thee Voice of Reason wrote:
Schoey 2 wrote: Interesting comment on The Sun online that RFL have agreed to pay Bulls players until 30 November! The plot thickens with all these twists and turns!
Two days ago you were hanging of the fact the bulls were given a points deduction as a reason that a deal was in place now your saying somethings appeared in the sun and championing it as gospel. Others are disgusted that public money isn't been poured into the club to keep it alive so what next? Has Mr Morrison been made the scapegoat because he sita by with his millions and some idiot will call for a boycott of Morrison store. Its the same pattern over and over.
Newver mentioned that a deal was done the other day.

I simply stated the fact that why bother issue a points deduction if there was no deal at a ll to be brokered with RFL, as if there was 100% to be no deal done, then why deduct points. If no deal done Bulls not in SL so points deduction not relevant.

Re the article in The Sun, clearly they have got there info from some source, and if that is the case re Bulls players being paid til end of Nov, then it would lead to think that the RFL seem confident that a deal will be finalized in some shape or form.

Bearing in mind that currently the Bulls have no coaching staff or admin/ backroom staff and these guys are not going to be doing it for nowt until the end of the season.

Thee Voice of Reason says...
2:04pm Fri 27 Jul 12

Schoey 2 wrote:
Thee Voice of Reason wrote:
Schoey 2 wrote: Interesting comment on The Sun online that RFL have agreed to pay Bulls players until 30 November! The plot thickens with all these twists and turns!
Two days ago you were hanging of the fact the bulls were given a points deduction as a reason that a deal was in place now your saying somethings appeared in the sun and championing it as gospel. Others are disgusted that public money isn't been poured into the club to keep it alive so what next? Has Mr Morrison been made the scapegoat because he sita by with his millions and some idiot will call for a boycott of Morrison store. Its the same pattern over and over.
Newver mentioned that a deal was done the other day.

I simply stated the fact that why bother issue a points deduction if there was no deal at a ll to be brokered with RFL, as if there was 100% to be no deal done, then why deduct points. If no deal done Bulls not in SL so points deduction not relevant.

Re the article in The Sun, clearly they have got there info from some source, and if that is the case re Bulls players being paid til end of Nov, then it would lead to think that the RFL seem confident that a deal will be finalized in some shape or form.

Bearing in mind that currently the Bulls have no coaching staff or admin/ backroom staff and these guys are not going to be doing it for nowt until the end of the season.
Ever thought the points deduction was issued because a breach of rules had been broken. If the Bulls go out of business next week the points deduction doesn't matter but to the other clubs a sign that this will go unpunished isn't sent out.

As for the Sun comment hes telling you what you want to hear so on that basis he has a source. Grasping at straws comes to mind.

nosher says...
2:21pm Fri 27 Jul 12

raisemeup wrote:
scandanavian's love child52 wrote:
Sums it up really from the ridiculous asking for tax back to sun readers. I do agree with the point about the park but elderly care should be a priority and they will have paid more in than you.
You write as if you care, about the care of elderly and underpriveliged in the City?..
Confusing messages from someone who doesn't care about anything but his own warped sense of vanity and unwitless wit!!

Don't bother with a rebuttle, I think I can guess?

The council are not wrong, and it was always muted as a type of bridging loan to help the club get back on it's feet.
you tell him raisemeup

Reality50 says...
2:28pm Fri 27 Jul 12

I think the time has come for Bulls fans and the RFL and the administrator to admit Bulls can't be saved and liquidation is the only way out.This won't mean the end of Bulls but a new reborn Bulls in the lower leagues set up by fans.Look at Chester FC or nearer to home Bradford Park Avenue or Fleetwood Town in football.They all liquidated and came back stronger.Bulls need to playing the Hunslets and Rochdale's and York's of the RL world and reform regroup and move on.Sell Odsal and move in to VP and then get around a table with Bradford Council and look at building a new stadium which could be shared with Bradford PA.That maybe a few years off so they could play lower league RL at VP in the meantime.Glasgow Rangers bit the bullet and so should Bulls.A new start with a club owned by the fans from scratch in the third tier of Rugby League should be the way forward.

BD16 says...
2:37pm Fri 27 Jul 12

Reality50 wrote:
I think the time has come for Bulls fans and the RFL and the administrator to admit Bulls can't be saved and liquidation is the only way out.This won't mean the end of Bulls but a new reborn Bulls in the lower leagues set up by fans.Look at Chester FC or nearer to home Bradford Park Avenue or Fleetwood Town in football.They all liquidated and came back stronger.Bulls need to playing the Hunslets and Rochdale's and York's of the RL world and reform regroup and move on.Sell Odsal and move in to VP and then get around a table with Bradford Council and look at building a new stadium which could be shared with Bradford PA.That maybe a few years off so they could play lower league RL at VP in the meantime.Glasgow Rangers bit the bullet and so should Bulls.A new start with a club owned by the fans from scratch in the third tier of Rugby League should be the way forward.
Bradford council aren't building a stadium for anybody. Hasn't that penny finally dropped.

If the Bulls are liquidated then a phoenix club would be a good idea. If you took a poll of football supporters I bet the followers of FC United of Manchester take more satisfaction from their team arather than those of Manchester United.

There's still time for a knight in shining armour, but he had better be quick.

scandanavian's love child52 says...
3:20pm Fri 27 Jul 12

nosher wrote:
raisemeup wrote:
scandanavian's love child52 wrote: Sums it up really from the ridiculous asking for tax back to sun readers. I do agree with the point about the park but elderly care should be a priority and they will have paid more in than you.
You write as if you care, about the care of elderly and underpriveliged in the City?.. Confusing messages from someone who doesn't care about anything but his own warped sense of vanity and unwitless wit!! Don't bother with a rebuttle, I think I can guess? The council are not wrong, and it was always muted as a type of bridging loan to help the club get back on it's feet.
you tell him raisemeup
I do care for the elderly hence why I shall be calling in on Nosher on the way home to make sure he is OK.

Zingy bfd says...
4:41pm Fri 27 Jul 12

the ABC deal is not dead.The RFL have only one share in the superleague with the clubs having 14.The clubs have not asked to consider the bid .The RFL hace got a problem - they want someone to invest in odsal without owning it or they want to sell the lease for a premium where in reality odsal has little or no development value dueto the contaminated land surrounding it - the RFL simply paid too much for the lease and are now reluctant to sell it back at a commercial value.My understanding is that the ABC offer was for a figure greater than the RFL paid but to be discharged on defererd basis. With regards the Suttcliffe offer - my understanding is that the cash is not there and that they want the counsel to make a loan to buy back the lease - with 20% cuts in the council budget coming up that aint happening

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