Bradford Bulls’ future in the sport of rugby league is once again in jeopardy, as the five-time Challenge Cup winners have been placed into administration by chairman Marc Green.
The decision comes following increased pressure from HMRC which left Green no choice, as the Yorkshire club’s problems off-the-field continue to grow.
STATEMENT FROM THE CHAIRMAN
— Bradford Bulls (@OfficialBullsRL) November 14, 2016
The news came after Lee Gaskell’s departure was confirmed as the stand-off has signed a four-year deal with rivals Huddersfield Giants, and the Championship club will now face a points deduction ahead of their 2017 campaign.
Bradford failed to make the top four in 2016, consigning the famous club to another year in the second tier, however they did win the Championship Shield final 27-16 against Sheffield Eagles.
Club chairman Green told the Telegraph and Argus that he intends to regain ownership from the administrators as quickly as possible and is confident of the Bulls’ future within the sport.
“I have been talking to a number of serious investors and purely the pressure from HMRC has forced the club to be put into this position to save its future,” he said.
“There is a dispute between ourselves and HMRC which we have been working hard to resolve since the winding up petition was issued and despite two adjournments from the courts to resolve this matter we have been unable to do so.
“We were concerned over the ability to secure a third adjournment and therefore this action became unavoidable to protect the club.
“I will be working closely with the Administrators over the coming weeks and it is my intention to regain this club from them within the shortest practicable time frame.”
His future as chairman isn’t set in stone, but he was quick to reassure fans that the club’s future still looks bright.
“Regardless of whether I remain at the helm of this great club, I will ensure all memberships already purchased for next season will remain valid, as will the offer under which they were purchased. I believe the future of Bradford Bulls is still strong.”
It is the third time in the last four years that the three-time World Club Challenge winners have entered administration though, which will leave fans wondering whether they are capable of recovering again.