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| is it actually 6 figures in cash? or barter points/services? they approached a company i used to work for with a similar proposal.
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| Quote dubairl="dubairl"is it actually 6 figures in cash? or barter points/services? they approached a company i used to work for with a similar proposal.'"
Read the article. It's 6 figures in cash for the next 3 years.
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| Quote roofaldo2="roofaldo2"Read the article. It's 6 figures in cash for the next 3 years.'"
it doesn't mention cash anywhere, its says a 6 figure sum that could be half money half points. Bartercard refers to points as a monetary value anyway.
it doesn't really matter because they could use the points for advertising agencies or printing press.
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| Quote JB Down Under="JB Down Under"Gutters won't be happy, he'll have to do a whole new set of workings out!'"
I won't bother...this deal will ensure that the 1.94 million in loans and investment the club has received in 2013 won't need to be repeated in 2014.
Everything is rosy at Bradford.
Quote JB Down Under="roofaldo2"Read the article. It's 6 figures in cash for the next 3 years.'"
Quote JB Down Underwill become an official partner in a tie-up that will give the Bulls a significant “six-figure sum” in each of the next three years. '"
London Broncos/Harlequins RL have had Bartercard on their shirts in the past......it was in exchange for Bartercard currency......the avoidance of the word cash in that article speaks volumes......as in, it's not cash!
ctrl a, ctrl f cash = 0
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| Quote roofaldo2="roofaldo2"Read the article. It's 6 figures in cash for the next 3 years.'" There was no mention of cash in the article I have just read. It could just be £100,000 worth in credits (As good as cash I guess).
Who knows.
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| Quote Anakin Skywalker="Anakin Skywalker"There was no mention of cash in the article I have just read. It could just be £100,000 worth in credits (As good as cash I guess).
Who knows.'"
if it was cash, they would not have pointedly avoided using the word cash.
If it is in credits, then basically the club will be able to purchase goods and services for Bartercard credits....it immediately limits the number of suppliers that can be used and many suppliers will only accept 30% of any payment in BC credits......the rest is in cash.
I know this how?
Because the company I run uses Bartercard.......I generally save up the credits and use them to off-set 30% of the Christmas BBQ....only one venue accepts 30% of the bill in BC credits...the rest generally say 20%.
It's spin, released at a time when even the most hardcore Bradford fans are asking questions as to future funding of the club.....1.94 million in loans and investment in 2013....the last 900k was not a planned investment, it was a reactionary bail out....
but hey....everything is rosy at Bradford......move along, nothing to see here 
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| Quote gutterfax="gutterfax"if it was cash, they would not have pointedly avoided using the word cash. '"
No sponsorship deal that I have ever seen announced in any sport in the world has ever used the word "cash".
Quote gutterfax="gutterfax"and many suppliers will only accept 30% of any payment in BC credits......the rest is in cash.'"
Except that the Bartercard website states that "Bartercard is a 100% trading system exchange. Upon joining every member agrees to trade at 100% full barter". Are you alleging that the information on their site is a lie?
Quote gutterfax="gutterfax"It's spin '"
Oh aye. Because no press release by any organisation ever about anything like this has ever been in any way spun positively before, has it? Yes, we all really needed you to tell us that a press release contains spin. No, really.
Quote gutterfax="gutterfax"but hey....everything is rosy at Bradford....'"
Do you think so? Nobody else does. Why, I don't know if you heard but we only just managed to pay the wages the other day, a week late. Times are clearly very tough. I thought you'd have been better informed.
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| Quote Anakin Skywalker="Anakin Skywalker"There was no mention of cash in the article I have just read. It could just be £100,000 worth in credits (As good as cash I guess).
Who knows.'"
Maybe better than cash in some cases. Like a business which issues a £100 voucher is issuing something with a built in profit. The person spending the voucher doesn't care, as it is as good as cash, and the issuer might (for example, depending on mark-up) only be parting with goods to the value (to them) of 50% or less.
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| Quote Ferocious Aardvark="Ferocious Aardvark"Maybe better than cash in some cases. Like a business which issues a £100 voucher is issuing something with a built in profit. The person spending the voucher doesn't care, as it is as good as cash, and the issuer might (for example, depending on mark-up) only be parting with goods to the value (to them) of 50% or less.'" Then wouldn't that mean that the investment is a lot less then £100,000 in real terms?
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| Quote Ferocious Aardvark="Ferocious Aardvark"Except that the Bartercard website states that "Bartercard is a 100% trading system exchange. Upon joining every member agrees to trade at 100% full barter". Are you alleging that the information on their site is a lie?'"
Yes.
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| Must be a lie, Gutterfax say it is and everything he says is immediately fact simply by him saying it.
Love how you go on about how the press release is spin, yet that's exactly what your doom-mongering "calculations" have been; spin to back up your argument that the Bulls are about to fall over again.
Is everything rosy at Bradford? Maybe not, but the Bulls are in far better shape than you want to admit.
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