Bulls saga looks like having brighter outcome with four bids on the table

ALL four consortia interested in purchasing Bradford Bulls have until Tuesday to submit their detailed business plans and the Rugby Football League remain “optimistic” about the stricken club’s future.

The governing body held a productive meeting with Bradford’s administrator, Brendan Guilfoyle, on Wednesday afternoon to discuss the bids currently on the table.

Bulls, who head to Huddersfield Giants on Sunday hoping to claw back into the top eight, have been in administration since June 26.

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However, RFL chief operating officer Ralph Rimmer said: “We had constructive meetings with all the consortia that have submitted proposals to the administrator 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, August 21st.

“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.

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“We understand the frustration regarding the ongoing 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.”

Bradford City, restaurant owner Omar Khan and Bradford Park Avenue are believed to be the other interested parties as a positive end to the long-running saga finally looks like being reached.

Guilfoyle added: “We are pleased to be working collaboratively with the RFL to agree on a purchaser and sell the club.

“We now have all the ingredients that the RFL has requested and funds proven from three bidders plus the Super League Europe Ltd offer.

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“The RFL will consider the bidders’ business plans and all concerned do understand the need to bring this to a swift conclusion.”

However, no decision has yet been made about the division in which Bulls will operate in 2013.