RFL Save Bradford Bulls Home by Purchasing Stadium
January 25, 2012
The Rugby Football League (RFL) has helped secure Odsal Stadium’s future after they agreed a deal to buy the property.
The former council tip has been the Bradford Bulls home since 1934 but the Bulls have recently been under pressure to sell to housing developers. They will now pay rent the premises from the RFL, with the League having paid an undisclosed price.
“This arrangement is absolutely the right thing to do, because it safeguards the future of one of the sport’s most famous stadia,” said the RFL chairman, Richard Lewis.
Bradford Bulls Chairman Peter Hood was delighted by RFL’s decision to save the historic stadium.
“The Bulls approached the RFL with the idea, which was subsequently explored and developed over several months, he told the Telegraph & Argus.
“It’s a deal that the RFL has done on its own merits and in the interests of the wider game.
“We have sold them our lease for a capital sum and then we have entered into a new agreement to rent the ground back from them.
“From our point of view, everything about this deal will benefit the club in terms of securing our future at Odsal and ensuring that we retain our spiritual home.
“There is not a downside to this deal as far as we are concerned.
“The opportunity to safeguard the Bulls’ future at Odsal is priceless – that sums up how important it is.”