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SBD Global/July 13, 2012/Franchises

Bradford Bulls Hope Merchandise Sale Eases Financial Strain

The cash-strapped Super League Bradford Bulls are "selling off cut-price goods in their latest efforts to keep the club afloat," according to the PA. The rugby team, who is in administration after failing to pay off debts, will hold a "massive stock clearance sale on Friday and Saturday to raise cash to pay for the day-to-day running costs." Club administrator Brendan Guilfoyle "remains in talks with a consortium of local businessmen interested in buying the club," but the interim club CEO Gary Tasker said: "We need to raise as much money in the short term as possible." Tasker added, "We're sat on £50,000 ($77,000) worth of merchandise, and we need to convert that into cash to keep the wheels moving. We're planning a giant sale, but going forward we're not going to be a club that asks for something for nothing" (PA, 7/12).
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