Bulls plan stock clear-out

PA Sport
Bradford need to find a buyer by July 27

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Bradford need to find a buyer by July 27

Cash-strapped Bradford are selling off cut-price goods in their latest efforts to keep the club afloat.

The Super League club, who are in administration after failing to pay off debts, will hold a massive stock clearance sale on Friday and Saturday to raise cash to pay for day-to-day running costs.

The club's administrator Brendan Guilfoyle remains in talks with a consortium of local businessmen interested in buying the club but interim chief executive Gary Tasker said: "We need to raise as much money in the short term as possible."

He added: "This will pay the ongoing costs, such as pitch markings, stationary, coach travel and staff wages etc to make the business viable in the immediate future."

Fans raised £500,000 earlier this year in a failed attempt to prevent the club from going into administration but officials have ruled out a similar plea.

"We're sat on £50,000 worth of merchandise and we need to convert that into cash to keep the wheels moving," Tasker added.

"We're planning a giant sale but, going forward, we're not going to be a club that asks for something for nothing.

"As ever, we'll give value for money and we need to convert stock into cash at cost price or less. We'll be doing this on Friday and Saturday."

The Rugby Football League have agreed to advance the club money due from television income to enable the administrator to pay the players' wages which are due on Friday.

That also enabled him to push back the deadline to find a new buyer to July 27.

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