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International Chairman | 6038 | No Team Selected |
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I'm not sure what the logic would be for any potential buyer to bid against SLE. Why not let SLE buy the club, sort out the finances and then buy the club off of them?
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I'm not sure what the logic would be for any potential buyer to bid against SLE. Why not let SLE buy the club, sort out the finances and then buy the club off of them?
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Club Coach | 9554 | No Team Selected |
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Jun 2005 | 20 years | |
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| Quote Cibaman="Cibaman"I'm not sure what the logic would be for any potential buyer to bid against SLE. Why not let SLE buy the club, sort out the finances and then buy the club off of them?'"
To get it cheaper I'd guess. If SLE buy the club and sort the finances then the cost of doing that will be reflected in the price they accept from anyone subsequently buying the club. They arent going to sell the club on at a loss. SLE buying club only makes sense if they have a buyer lined up who won't deal with administrator for whatever reason.
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International Chairman | 14145 | No Team Selected |
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Dec 2001 | 23 years | |
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| Cibaman, exactly.
Surely that has been the purpose all along? To make sure it is the RFL decides who gets to own the Bulls and on what terms, not the administrator? With the SLE bid there as the fallback if necessary, or to provide an interim ownership between administrator and eventual new owner? And thereby putting an end to any of the conspiracy theories regarding who the administrator may or may not have been in bed with? That seemed the logical explanation for the RFL's actions to me?
So if the RFL DO now let someone other than themselves (sorry, SLE) take the club over, by extension we must presumably assume that by the intervention of the SLE bid they will have been able to ensure that the bid is indeed from owners and on terms that the RFL is happy with?
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International Star | 1300 | No Team Selected |
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Jan 2012 | 13 years | |
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| Hopefully this mornings SLE meeting in brighouse will make it clear if SL will have 13 or 14 clubs in 2013 and take a view on the remaining bids for the Bulls.
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Club Coach | 4013 | No Team Selected |
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Mar 2005 | 20 years | |
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| Quote Cibaman="Cibaman"I'm not sure what the logic would be for any potential buyer to bid against SLE. Why not let SLE buy the club, sort out the finances and then buy the club off of them?'"
It wont be to sort the Clubs finances out if they are the preferred bid, it will be to sell on to an investor with a long term plan to make the Club a solvent and going concern and the finances to do so! Rumours still abound that there are a couple of potentials waiting to deal direct with the SLE to buy the Club!
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Moderator | 10969 | No Team Selected |
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Mar 2002 | 23 years | |
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| Quote Blotto="Blotto"It wont be to sort the Clubs finances out if they are the preferred bid, it will be to sell on to an investor with a long term plan to make the Club a solvent and going concern and the finances to do so! Rumours still abound that there are a couple of potentials waiting to deal direct with the SLE to buy the Club!'"
I've said before that taking the other bids (other than SLE) at face value I can't see any of them being in a position to sort out the finances, ie pay off enough of the debt to ensure we remain in SL, so I hope those rumours turn out to be true. The problem with the SLE solution is that time is slipping by and even if we are 'saved' by keeping the licence we aren't going to have a chance of recruiting before the season starts. It needs resolving quickly, and yesterday will do.
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International Star | 1722 | No Team Selected |
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| Interesting tweet from Martin Sadler today
"@MartynSadler: So far this season there have been five Super League matches with crowds of over 18,000. One club involved in 3 of them. But which one?"
I bet no one can guess......lol
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International Chairman | 14145 | No Team Selected |
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| Pretty clear Martyn is helping to make the case for why would anyone with half a commercial brain cell eject us.
2 x Leeds 1 x Wigan btw.
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International Star | 1722 | No Team Selected |
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| Quote Adeybull="Adeybull"Pretty clear Martyn is helping to make the case for why would anyone with half a commercial brain cell eject us.
2 x Leeds 1 x Wigan btw.'"
Completely agree - he later makes reference to the meeting held today by the RFL, discussing the future of Bradford
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International Star | 1300 | No Team Selected |
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| Quote daveyz999="daveyz999"Completely agree - he later makes reference to the meeting held today by the RFL, discussing the future of Bradford'"
Was a SLE meeting. Focus was Bulls and SL team numbers in 2013. Would expect M. Sadler to know the outcome of that meeting given his position in the game.
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International Star | 1795 | No Team Selected |
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| I have just seen this posted on Witter, its our 2013 Squad at the preseason training camp, Brighton.
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International Chairman | 28357 | No Team Selected |
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| I thought that in the old days, they knew how to bind into a scrum, though? Ganson would penalise that effort every time.
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