Club Finder

Find Your Nearest Rugby League Club

Experience The Extraordinary

http://www.extraordinaryrugby.com/

Bulls takeover rumbles on

21st of March 2014
Bulls takeover rumbles on

Bradford Bulls will play a sixth match while in administration after the club's protracted takeover talks carried on into another week.

Bradford Bulls will play a sixth match while in administration after the First Utility Super League club's protracted takeover talks carried on into another week.


The Bulls' change of ownership is thought to be close to completion after the London-based consortium fronted by businessman Richard Lamb had its offer accepted by the administrators.


But the final touches to the deal were still being applied today and an announcement is now not expected until next week.


It means yet more frustration for coach Francis Cummins, who has seen three major players leave for rival clubs as a direct consequence of the financial crisis and is currently able to make only loan signings to make up for the losses.


Cummins said: "We were hoping for the end of this week but it's probably looking more like the start of next week now - that's the only word I've had.


"I had a good meeting with the administrator last week but I'm not in regular contact with him because that's not my job to be.


"My job is to prepare the rugby league team and I liaise with the likes of (chief executive) Robbie Hunter-Paul, who tells me what's going on."


Bradford, who go to Hull KR on Sunday, are currently bottom of Super League on minus two points after having six deducted for going into administration.


Lamb, whose company Lucid Events organised corporate hospitality for the 2013 World Cup, failed in his initial attempt to buy the Bulls last month.


Leeds-based administrator David Wilson instead accepted an offer from Bradford Bulls 2014 Ltd, which comprised former directors Mark Moore, Andrew Calvert, Ian Watt and Hunter-Paul.


When they withdrew their bid in protest at the Rugby Football League's imposition of penalties, Lamb returned with a fresh offer and has emerged as the preferred bidder after beating off competition from Mandy Koukash, wife of Salford Red Devils owner Marwan, and representatives from Bradford City and Bradford Park Avenue football clubs.


Lamb's consortium is thought to include former Bradford player and chief executive Abi Ekoku.

Related Video

video