The Rugby Football League has rejected the second bid submitted by the ABC consortium for Bradford Bulls, after an original conditional bid was rejected last Thursday before the second bid was submitted the following day.
According to media reports, it is believed the consortium want assurances over the club’s Super League future as well as being allowed to buy back the club’s Odsal ground.
Meanwhile, the RFL is continuing to talk to the club’s administrators about funding the players’ wages for August.
RFL director of licensing Blake Solly told BBC Sport: ‘We have been consistent that we are unable to consider any offers which comes with strings attached.’
‘It is disappointing that the ABC consortium are still unable to submit an unconditional offer.’
When the initial bid was placed, administrator Brendan Guilfoyle warned that he could not envisage any consortium being willing to purchase the club if there was a chance it would not be in the top flight next season.
The Bulls have been in administration for over a month, having entered it on 26th June when efforts to raise £1m to keep the club afloat proved unsuccessful.