Race to save Bulls off to positive start

Bradford Bulls administrators Brendan Guilfoyle and Chris White have revealed there has been interest from at least one prospective investor, in their frantic bid to save the club from liquidation.

After being placed into administration only yesterday morning and the pair revealing that the Bulls would go bust in just 10 working days if no significant investment was found, Guilfoyle told the Telegraph & Argus: "I've had someone get in touch with me about the Bulls and [I] will follow that up.

"I've got a list of names of other interested parties and now I've got to see if the club going into administration is an incentive for them to get involved."

However, he also revealed that the plight of administration means the sale (should it happen) would be a cut-price one.

"We'd be talking about selling it for tens of thousands; it's more about the ability to fund the losses for this season.

"The Bulls really are on the brink now, so I'm hoping there is someone out there who will strangely see the administration as a positive move.

"They can realise that the historic debt has gone, so maybe that will persuade people to step forward and rescue the club."

The Bulls stand to lose a great deal in terms of the value of the historic club, but they also face a six-point deduction that may also involve reimbursing clubs they defeated the two points the took off them earlier in the season.

I would personally like to wish these latest efforts all the best of luck in securing the future of what is a truly remarkable and beautiful rugby league institution.

Source: Sky Sports News
Photo credit: SWpix.com