Former Super League champions Bradford Bulls to be liquidated
Former Super League champions Bradford Bulls have been liquidated after a rescue deal could not be struck.
The professional rugby league club, which was also a three-time world club champion, entered into administration three times in the last four years.
Administrators appointed to the club rejected a takeover bid after talks with the remaining bidder broke down last night, according to reports.
On 29th December, a consortium led by New Zealand Rugby League chairman Andrew Chalmers also had their bid turned down by the administrators.
Prior to begin relegated to the Championship in 2014, Bradford Bulls were considered powerhouse in professional rugby league after winning four Super League titles.
General manager Stuart Duffy told BBC Radio Leeds: “The solicitor acting on behalf of the administrators has told everyone that the club has effectively ceased trading and will be liquidated.
“The Rugby Football League have said they have contingency plans in place and someone could buy the club from the liquidators but at the moment everybody has been made redundant. I’m hopeful something comes of this but in what league I don’t know.
“Everyone is very disappointed because we were led to believe that things would come to a successful conclusion today. Nobody has been paid their wages for December and we had been hoping to be paid tomorrow so this is a bombshell. This is a nightmare for everybody involved.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline