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Tuesday, 30 July, 2002, 09:18 GMT 10:18 UK
Brighter future for Bradford?
Bradford chairman Geoffrey Richmond has urged players to change their minds
Bradford City's future is secure after creditors accept a rescue package to save the club.

Can the fans look forward to a brighter future?

HAVE YOUR SAY

The Bantams' creditors agreed to a Company Voluntary Arrangement (CVA) which will see them receive 10 pence in each pound they are owed.

They had been in administration since May and have also had their Football League membership suspended.

The jobs of 19 players should also be secured on Thursday when the release of Benito Carbone from his 40,000-a-week contract is confirmed.

Bradford have been in decline since their relegation from the Premiership, and finished 15th in Division One Last season.

But with the threat of extinction now lifted, can their fans look forward with optimism?

HAVE YOUR SAY


This is good news for the town of Bradford and for Bradford City. It is unfortunate that we have Richmond still at the helm. He may have the club's interests at heart, but too many mistakes have put the very existence of Bradford at threat.
Nick, England

At least the Bantams are still in existence after all the hassles the club has been through. I agree with Joanne (below); we should have had a change of Board and not simply relied on the current members to learn from their mistakes.


In no way can this ever be forgotten, forgiven, or - unthinkably - repeated
Rob Moore, Yorkshire

However, it's time now for fans and players to rally behind the club and get on with taking Bradford back to the Premiership.
Droog, UK

This decision is all well and good for Bradford, but what about the clubs that have tried to solve their financial problems rather than running away from them? Bradford have managed to get away with spending 10 times the money they have available with seemingly no consequences. Should all other clubs now refuse to pay their debts too?

As a Forest fan I have seen us sell a hugely promising young player for 5m to pay off debts and our chairman has put in millions more, yet we are still heavily indebted. Now it seems we could have raised a tenth of the amount to clear out debts. This is a great decision for Bradford City, but is it really that great for football as a whole?
Steve, UK

I totally echo both of the previous comments of Joanne and Scott (below). It worries me that Richmond is still in control, but let's now give Nicky Law a good solid couple of years to try and shape a decent side.

The First thing I would suggest would be to immediately bring back Stuart McCall from Sheffield to work alongside him for the motivation factor!
Martin Astachnowicz, Exiled Bradfordian in London!


My concern is that the same people are in charge again - I hope this time around they are more careful with their financial decisions
Joanne, UK

It's obviously great news that City will still be playing next season, but the fans must surely make their feelings clear now about the future role of Richmond and his cronies.

This has been a disgraceful chapter for Bradford, and next season will be difficult as the team starts from scratch. In no way can this ever be forgotten, forgiven, or - unthinkably - repeated.
Rob Moore, Yorkshire

Bradford have had a lucky escape. Richmond spoke of his moment of madness and blamed ITV Digital, but the truth is the club was unrealistic in its ambitions. Leeds dominate (mores the pity) in West Yorkshire and attract a big fan base.

Bradford City have not invested in youth; there is a massive potential in the city's young players but they are all scouted by Leeds. Until this changes Bradford will remain an impoverished second rate club.
Andy Nolan, UK

Excellent news for the club! My concern is that the same people are in charge again - I just have to hope that this time around they are more careful with their financial decisions.

Another point to make is the fact that everyone is quick to blame Carbone's high wages, but what about the 6m that went into a new stand that we didn't need and couldn't afford?
Joanne, UK

A big thank you to all the creditors who have accepted the CVA proposal and given new life to the Bantams. Let's hope that funding is secured by 8 August, and get behind Nicky and the players, who have shown tremendous loyalty during the last few months.
Scott Wharton, England

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See also:

30 Jul 02 | Bradford City
25 Jul 02 | Bradford City
01 Jul 02 | Bradford City
23 May 02 | Bradford City
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