Last Ditch Attempt To Save Bradford Bulls
5 April 2012, 14:19
Bradford Bulls former chairman Chris Caisley has offered to rescue the club, but only if the current chairman steps down.
The crisis-torn Super League club must raise £1million - at least half by 5pm tomorrow - or face going into administration with a big tax bill looming.
The Bulls, have so far raised £300,000 in pledges, but say they were forced to issue a desperate plea for help following pressure from their bank.
Bradford hope to reach their initial target with the aid of a bumper auction at Odsal tonight and a 20,000-plus crowd for the visit of Leeds tomorrow, in addition to further pledges from the public.
Meanwhile, Caisley has offered to arescue plan but insists the current chairman Peter Hood must step down first.
Caisley remains the largest single stakeholder with 25% of the shares.
Caisley says he can deliver a business strategy to save the club from financial ruin and had received support from a number of high-profile figures such as actor and Bulls fan Duncan Preston and former Bradford and Great Britain coach Brian Noble.