Bradford Bulls Survive Another Day
11 April 2012, 09:59
Super league team Bradford say they their players will be paid on time after the club raised the initial £500,000 in pledges to stop them going into administration.
The Bulls still need a total of £1million to survive long term but now have enough cash to pay this month's wages and pay an outstanding tax bill.
“We've achieved our first target, the challenge is now to get to the next half a million,” said chief executive Ryan Duckett.
“It's been a fantastic response, we're really touched by the reaction we've had.
The Bulls now have no access to cash when their bank cut off their overdraft and the club were forced to issue an appeal to fans to help rescue the club.
A 20,000-plus crowd for Bradford's Good Friday derby with Leeds helped take them to their initial target but Duckett says the club are hoping they won’t need to ask fans for more cash and that the money can be raised from the business community.
“We have a number of positive conversations going on with regard to commercial opportunities and also one or two people who are interested in getting more involved with the club,” he said.
“Certainly the aim is to get to our next target through some commercial opportunities and one or two individuals.''
Duckett insists the club have a long-term plan which went started will secure the clubs immediate future.