Rfl Receives Four Bids For Bulls

17 Aug 2012 | tshego
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The Rugby Football League has confirmed it has received four unconditional bids for Super League side Bradford Bulls, with a deadline of 21st August now set for the bidders to present a business plan for the administration-hit club.

The Bulls have been in administration since 26th June.

In a statement, the RFL revealed that one of the bids under consideration came from Super League (Europe) Ltd, but the other three have not be named.

RFL chief operating officer Ralph Rimmer said: ‘We had constructive meetings with all the consortia that have submitted proposals to the administrator on Wednesday and we’re optimistic about the future of Bradford Bulls.’

‘There are now four confirmed bids for the Bulls and each consortium has been asked to submit business plans to us by Tuesday, 21 August. Due to the sensitive nature of the current discussions we are unable to confirm who the bids are from at present.’

‘However, it does appear that this renewed interest has come as a direct consequence of the offer from Super League Europe Ltd, which remains on the table.’

‘We understand the frustration regarding the on-going process but it is vital that due diligence is carried out on all the bids and that ultimately the right owners are found for the good of the club and the sport as a whole.’

Last week the RFL set a deadline of 10th August for any final bids to be submitted for the club, who were docked six points for entering administration.

With three Super League regular season games remaining the Bulls are level on points with eighth-placed Hull KR.

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