Currency Converter

Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).


SBD Global/August 3, 2012/Franchises

Rugby Super League Makes Offer For Financially-Stricken Bradford Bulls

Rugby Super League's parent company "has tabled an offer to purchase" Bradford Bulls on behalf of the competition's 13 other clubs, according to the BBC. Super League (Europe) Ltd. have now made an offer to try to save the struggling club. Super League CEO Nigel Wood said, "Direct positive action is required to safeguard the club's future." Wood, who is also the CEO of the Rugby Football League, said that the uncertainty surrounding the Bulls' position "had gone on for too long and that swift and decisive action was now required" (BBC, 8/2). The London DAILY MAIL reported that Thursday's "startling development was immediately welcomed by Brendan Guilfoyle," partner at The P&A Partnership who has been running the financially-stricken club since it went into administration on June 26. Guilfoyle said, "It was totally unexpected and is completely unprecedented, but a brilliant development. If the deal goes ahead, then the Bradford Bulls will become the first club ever to be owned by the Super League clubs themselves" (DAILY MAIL, 8/2).
Return to top

Related Topics:

Franchises, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug