Guilfoyle works on last-ditch Bulls deal

PA Sport
Brendan Guilfoyle said he could have found a buyer for the beleaguered Bulls

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Brendan Guilfoyle said he could have found a buyer for the beleaguered Bulls

Bradford could have new owners today as administrator Brendan Guilfoyle works overtime to beat the clock.

Guilfoyle had given himself until today to unearth a buyer for the ailing Super League club and was last night locked in talks with a group of local businessmen in the hope of securing an offer.

Although the Rugby Football League last Friday insisted they had fielded two serious expressions of interest from potential buyers and passed on the details to the administrator, Guilfoyle believes the local consortium are the only serious candidates, unless someone comes in with a last-minute bid.

"I believe I've got someone who is very interested in buying the club," Guilfoyle said. "What they're concerned about is the level of losses going forward and they're giving it due diligence.

"Whether they make an offer or not, I don't know but I'm fully engaged in active discussions and I'm hopeful.

"I'm not pinning all my hopes on this but I don't see too many other options out there."

Bradford provided the big success story in the early days of Super League but went into a steady decline after reaching the last of five consecutive Grand Finals in 2005.

Debts gradually increased in the face of falling income and, with the bank slashing the club's overdraft, they went into administration a fortnight ago after directors failed to secure the £1.2million worth of funding needed to see the club through to the end of the season.

Guilfoyle made 16 full-time staff redundant a week ago in a desperate attempt to slash costs and, unless he can quickly find a buyer, will be left having to find the players' wages that are due at the end of this week.

The club do not have another fixture until July 20 and have only three home games left this season.

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