BID ACCEPTED FOR BULLS OWNERSHIP

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21st February 2014

BRADFORD BULLS officials have today moved to clarify the club's current position, regarding its ownership. 

Leeds-based administrator David Wilson last night accepted an offer from Bradford Bulls 2014 Ltd, who took initial control of the club after its former holding company, OK Bulls Ltd, entered administration last month.

Representatives of Bradford Bulls 2014 Ltd, including chairman Mark Moore, financial director Andrew Calvert, managing director Ian Watt and chief executive Robbie Hunter-Paul, are to now seek ratification and approval from the sport's governing body in a bid to continue to operate the club in the First Utility Super League. 

Bradford Bulls officials will next week present business plans and strategies to the Rugby Football League, outlining the future direction of the club.

Bradford Bulls 2014 Ltd secured a 28-day First Utility Super League licence following last month's announcement, concerning OK Bulls Ltd.

The month-long period allowed time for other interested parties to table offers for the ownership of the club.

And, after careful deliberation, the offer from Bradford Bulls 2014 Ltd has been accepted by administrator Mr Wilson, of DFW Associates – as the strongest. 

Chief executive Robbie Hunter-Paul said: "We are delighted that our offer has been accepted by David Wilson and are now approaching the final stages in the change of ownership of Bradford Bulls.

"The position of the board of directors of Bradford Bulls 2014 Ltd has always been to be open with supporters and stakeholders and that is why we are making an effort to update everyone concerned with precise and accurate information.

"The RFL's board of directors must now take a view on our offer, our plans for the future and the way in which we intend to work with creditors going forward.

"Despite recent reports, the ownership of the club now has to be approved by the governing body.

"There are right and proper protocols to follow and a due process which is still to take place.

"But we are extremely confident that we will receive ratification in the near future, handing us the right to operate in the sport's top flight.

"The first step was to offer the best deal for the club – and we have done that. The next is to get the nod from the RFL.

"We hope our supporters can appreciate the hard work that is going on here at The Provident Stadium, across all departments, to ensure a successful future for the Bulls.

"We believe we are close to a conclusion on the matter of ownership. That in itself is hugely pleasing.

"It was great to see the boys pull off such a vital victory last night. They gave it everything and got what they deserved.

"My message, to the fans, is it continue their fantastic support. We will take this club back to where it belongs."

Bradford Bulls will be making no further comment at this time. 

BID ACCEPTED FOR BULLS OWNERSHIP DOMAIN