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| Ignoring who did what, and ignoring entirely a blame game (which is no longer relevant), we are now in a sh*t position that is actual.
1. We have huge debts..estimated at £1m - £1.7m depending on which sources are accurate
2. We have no cash to pay any bills, including the players/staff on 14th July
3. We are loosing £200,000 cash for every month we trade so would need a cash injection of £800,000 just to finish
this season.
So how will this play out after the end of the administration on 9th July? If there was not a miracle investor coming forward?
What really would happen if we then went into Liquidation?
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| it would turn out like rangers(football) with all contracts void and starting again from championship one.
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| Are you sure about Championship one? I understood from listening to Radio Leeds today that we wouldn't even exist there
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| Quote bullboy1997="bullboy1997"it would turn out like rangers(football) with all contracts void and starting again from championship one.'"
 that's being naive isn't it, do you not think other clubs might have something to say about or I'm I reading this wrong, you wouldn't expect to keep all your players would you
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| If there is no saviour in sight (and it's hard to see where any is going to come from sadly) then non-existence and a lower league Phoenix club (I think "Bradford Northern" has a certain ring to it as a suitable name) starting from scratch (maybe at VP) is the most likely consequence really. It's not beyond the bounds of possibility that SL might even bend it's rules to let the new club into SL at an accelerated route. It will be an absolute travesty not to have RL's 2nd biggest city not being represented in the top flight after all.
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| Hull and Leeds are both bigger
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| Quote Northampton_Saint="Northampton_Saint"It will be an absolute travesty not to have RL's 2nd biggest city not being represented in the top flight after all.'"
1st been London then but I thought Leeds was a bigger city than Bradford ?
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| Quote Tigerade="Tigerade"1st been London then but I thought Leeds was a bigger city than Bradford ?'"
Then Hull b4 Bratfut in size
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| Quote Tarquin Fuego="Tarquin Fuego"Then Hull b4 Bratfut in size'"
Not true.
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| Bradford 5th largest city/metropolitan district in the country: pop - 535,300
Hull 43rd - 263,900
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| Dont forget to take away the people of Keighley! They have their own team!
on a more serious note:
Our biggest problem is that the bulk of, if not all, our debt liability lies with the taxman. And the Rangers FC episode tells us that they want their money, in full, or will put you out of business. a CVA simply does not look like being viable.
So in short, we need someone to pay the tax man before we can think about anythinge else!
The days of sports clubs owing millions, paying back 10 grand, then being sold for a quid are over. As a tax payer, I am thankful for this, as a bulls fan I am gutted that we missed the gravy train!
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| Unfortunately unless any new backer materialises that is prepared to keep HMRC happy I can only see liquidation on the cards.
A new Bradford club may be the future but if it's in NL1 or 2 then it couldn't afford to play at Odsal unless the RFL picked up the costs, nor could it afford to play at VP either. The sponsorship and potential income from gates would be too low.
As for sharing with Fax or Cougars I think that's a non starter.
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