Consortium Submit’s Bid for Bradford Bulls
By Community | July 19, 2012
The consortium seeking to rescue Bradford Bulls have formally submitted their bid, buy administrator Brendan Guilfoyle has confirmed.
Administrator Brendan Guilfoyle confirmed the consortium had submitted a bid to buy the club, ampoule but also says the offer is a conditional one. The lease for Odsal Stadium must be sold back to the club, and the Bulls must have assurances from the RFL over the Super League future of the club.
The new buyers are a group of Asian businessmen from the Bradford area, and are known only as the ABC consortium.
Guilfoyle said: “The consortium has made an offer that is a basis for negotiations with both the administrators and the Rugby Football League.
“Their offer is conditional on the RFL selling back Odsal and on the Bulls retaining their Super League status. The next few days are going to be critical for the club. I can’t speculate on what the outcome will be.
“The ABC consortium, the RFL, the administrators and professional advisers for all parties will be focused on trying to get a deal over the line.”
The RFL board of directors are expected to announce the points deduction the Bulls will incur after the club fell into administration.
Bradford travel to Headingley on Friday night to face Leeds.