Bradford bullish over future

Bradford officials say they are in a position to take the Bulls forward after completing their purchase of the club from the administrator.

The club's directors announced on Friday that administrator David Wilson has accepted their offer, ahead of a rival bid thought to be from London-based businessman Richard Lamb.

No one from DFW Associates, the Leeds-based insolvency company dealing with the sale, was available for comment.

Bradford chairman Mark Moore, financial director Andrew Calvert, managing director Ian Watt and chief executive Robbie Hunter-Paul, who formed a new company, Bradford Bulls 2014 Ltd, when OK Bulls Ltd went into administration on January 31, are to now seek ratification and approval from the sport's governing body.

They were initially given a provisional 28-day Super League licence and say they will present their business plan to the Rugby Football League before it expires at the end of next week.

The 28 days allowed time for other parties to table offers for the club and it is thought Lamb and the current board also faced competition from representatives of football clubs Bradford City and Bradford Park Avenue.

Hunter-Paul said: "We are delighted that our offer has been accepted by David Wilson and are now approaching the final stages in the change of ownership of Bradford Bulls.

"The position of the board of directors of Bradford Bulls 2014 Ltd has always been to be open with supporters and stakeholders and that is why we are making an effort to update everyone concerned with precise and accurate information.

"The RFL's board of directors must now take a view on our offer, our plans for the future and the way in which we intend to work with creditors going forward.

"Despite recent reports, the ownership of the club now has to be approved by the governing body.

"There are right and proper protocols to follow and a due process which is still to take place.

"But we are extremely confident that we will receive ratification in the near future, handing us the right to operate in the sport's top flight.

"We believe we are close to a conclusion on the matter of ownership. That in itself is hugely pleasing."

Bradford are expected to discover early next week what, if any, punishment they will face for going into administration.

The RFL board of directors are expected to hold deliberations over the weekend and are likely to impose a second points deduction in two years.

Bradford were given the maxiumum six-point deduction in 2012 for a breach of RFL insolvency regulations, whereas Wakefield and Crusaders were both docked four points for going into administration after agreeing to pay off most of the creditors.

The team collected their first points of the season on Thursday night with a 23-10 victory over Wakefield in their round-two fixture.