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| Quote bullpower2014="bullpower2014"True, but the asset would be the leasehold not the actual freehold - without seeing the lease and its fine print, a true valuation is impossible. Only Hood/RFL and Bradford Clowncil will know the value.
Again, if Hood/Caisley hadn't overspent..... no need for the lease to be sold on for 700k'"
The value of the lease can be classed in terms it's sale was the main reason the bank withdraw the overdraft facility which caused the admin in 2012. The lease must also be a sizable asset due to the fact the RFL are unwilling to do any sort of deal on it.
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| Quote Scarey71="Scarey71"And had the RFL not told Caisley it was fine to sign Harris the over spend wouldn't have been as big. Very costly error that one.
Everywhere you look in the who debacle the RFL's finger prints are everywhere. Every time they tried to 'help' it drove another nail in the coffin.
I agree Caisley got too cocky but the ham-fisted interventions by the RFL have seen us collapse completely. They couldn't even oversee setting up a new club without getting dragged into a tribunal.
We shouldn't expect any different though. Big Nige's work at Halifax speaks volumes.'" The RFL never said it was fine to sign Harris that's the great urban myth that has cropped up. They said he had no registered contract with Leeds at the time when he signed for us.
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Quote redeverready="redeverready"The RFL never said it was fine to sign Harris that's the great urban myth that has cropped up. They said he had no registered contract with Leeds at the time when he signed for us.'"
I'd say there's a reasonable base to the Urban Myth though.
news.bbc.co.uk/sport1/hi/rugby_l ... 855107.stm
"the Rugby Football League has accepted Bradford's move after checking with its lawyers and the Rhinos are now threatening to take the matter further."
Reads like, Caisley did the deed, Leeds said 'just a minute..' and the RFL said its ok. After all it's their rules the clubs have to abide by
To be fair though, if Caisley wasn't willy waving so much you'd have thought Leeds would have let it go with a s knowing they had Burrow and Maguire up their sleeves and we'd signed a fat, old donkey 
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Quote redeverready="redeverready"The RFL never said it was fine to sign Harris that's the great urban myth that has cropped up. They said he had no registered contract with Leeds at the time when he signed for us.'"
I'd say there's a reasonable base to the Urban Myth though.
news.bbc.co.uk/sport1/hi/rugby_l ... 855107.stm
"the Rugby Football League has accepted Bradford's move after checking with its lawyers and the Rhinos are now threatening to take the matter further."
Reads like, Caisley did the deed, Leeds said 'just a minute..' and the RFL said its ok. After all it's their rules the clubs have to abide by
To be fair though, if Caisley wasn't willy waving so much you'd have thought Leeds would have let it go with a s knowing they had Burrow and Maguire up their sleeves and we'd signed a fat, old donkey 
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| Quote bullpower2014="bullpower2014"cause and effect - these sanctions were not applied to the bulls for fun, they were the effect of our previous chairmens failings.... why do people seem to gloss over these facts? I can't imagine big Nige asked Hood to borrow x amount..... more the other way round as the mis-management was all our doing (the cause!)
The lease was sold to the RFL because Hood/Caisley didn't have a pot to pee in and still spent money that they/we didn't have.....'"
Firstly May I burst your bubble of indignation over what you think is the justification for our demise!
At the time Hood sold the stadium lease Chris Caisley wasn't at the club and hadn't been for 6 years! Secondly the year of Hoods mis management began in 2010 , I have the comments he made after that years AGM where he states that in 2010 we were showing a loss of £334 k, from the 2009 figure of £78k loss. Turnover had dropped from £4.69m to £3.96 million. Crowds were down to just over 8.5k from approx 12K the year before. So it would be helpful if you have the facts before sounding off (something that many people on here can make their stance from).
On a final barb to your good self can I say that in no business that has had the misfortune to be nearly insolvent and faced with Administration is the situation made worse for the saviours or potential saviours to be in the position of blaming their clients/customers for the demise of the previous business, with punitive penalties heaped on the innocent! Plus when they have no say whatsoever on the chosen New owners, particulary when the choosers of those failed owners blame the client again and again. It's akin to the guilty blaming the innocent.
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| what's 'rimming' ?
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| Let's not go there.
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| Quote Rarebreed="Rarebreed"Firstly May I burst your bubble of indignation over what you think is the justification for our demise!
At the time Hood sold the stadium lease Chris Caisley wasn't at the club and hadn't been for 6 years! Secondly the year of Hoods mis management began in 2010 , I have the comments he made after that years AGM where he states that in 2010 we were showing a loss of £334 k, from the 2009 figure of £78k loss. Turnover had dropped from £4.69m to £3.96 million. Crowds were down to just over 8.5k from approx 12K the year before. So it would be helpful if you have the facts before sounding off (something that many people on here can make their stance from).
On a final barb to your good self can I say that in no business that has had the misfortune to be nearly insolvent and faced with Administration is the situation made worse for the saviours or potential saviours to be in the position of blaming their clients/customers for the demise of the previous business, with punitive penalties heaped on the innocent! Plus when they have no say whatsoever on the chosen New owners, particulary when the choosers of those failed owners blame the client again and again. It's akin to the guilty blaming the innocent.'"
what indignation??? are you Chris Caisley by any chance?? If so, why did YOU send us into Admin?????? answers on a postcard
another one that fails to understand cause and effect.
What was the blooming cause?? where did it all start? small clue, not at Red Hall
I'm no fan of Red Hall, Nige and his cronies but way too many people are happy to point the finger at them rather than looking closer to home.
Caisley/Hood/Green and others can rot in hell for what they have done to this club. I sincerely hope that none of them step foot in Odsal again, ever
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| I think when someone comes to write the history of this sorry period they'll come to the conclusion that the RFL and member clubs often compounded the very great failings of successive owners.
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| Quote Ferocious Aardvark="Ferocious Aardvark"EXCEPT that from next year that requirement ends. But that's none of my business ...'"
No, FA that's not quite the case.
The date you refer to was the date the club had to play at Odsal until to avoid having to return of any of the 'Odsal settlement' money and has nothing to do with any 'covenants' which the council might, or might not, have placed on the ground. The council said at the time of the settlement, that they wanted to retain the ground for sport, so we assume (but don't actually know) that this formed part of the lease contract. However, this wouldn't be a normal type of 'covenant', made by some long gone donor, but simply a council decision, which I'd guess could be just as easily reversed in council.
What stands to reason though, is that, assuming rugby were to go, the council, as owner, would certainly want to be the major beneficiary if any more profitable use is found. Though, by the same token, the RFL would be in a strong position to bargain for their lease. Clearly, unless they came to an agreement or there is some breach of the lease, nothing can happen without the blessing of both parties.
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| Quote Bullseye="Bullseye"I think when someone comes to write the history of this sorry period they'll come to the conclusion that the RFL and member clubs often compounded the very great failings of successive owners.'"
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| Quote Bulliac="Bulliac"No, FA that's not quite the case.
The date you refer to was the date the club had to play at Odsal until to avoid having to return of any of the 'Odsal settlement' money and has nothing to do with any 'covenants' which the council might, or might not, have placed on the ground. The council said at the time of the settlement, that they wanted to retain the ground for sport, so we assume (but don't actually know) that this formed part of the lease contract. However, this wouldn't be a normal type of 'covenant', made by some long gone donor, but simply a council decision, which I'd guess could be just as easily reversed in council.
What stands to reason though, is that, assuming rugby were to go, the council, as owner, would certainly want to be the major beneficiary if any more profitable use is found. Though, by the same token, the RFL would be in a strong position to bargain for their lease. Clearly, unless they came to an agreement or there is some breach of the lease, nothing can happen without the blessing of both parties.'"
Quite often people run away with their thoughts on this, what they forget is that the council will have to answer to the local taxpayers/population if Odsal/Richard Dunns is ever redeveloped whether it be for Rugby, housing or other.
Too much bull poop is written and then taken as gospel on forums without the required proof, its as if some things suit peoples agendas.....
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| Quote bullpower2014="bullpower2014"..the council will have to answer to the local taxpayers/population..'"
How does that work in practice then?
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