Bradford Bulls reach initial 拢500,000 goal
- Published
Bradford Bulls' Odsal Stadium
Bradford Bulls have announced they have reached their first target of 拢500,000 as they look to stay in business.
On 27 March the club revealed they needed to raise 拢1m to stay afloat.
The Bulls have so far raised 拢506,000 through a combination of pledges, gate receipts and an auction.
"Fans, supporters, sponsors, local business and the entire rugby league community have come together in a remarkable effort," chief executive Ryan Duckett said.
In the initial announcement, Bradford said an impending tax bill and a changed banking lending arrangement had left them with virtually no cash.
Duckett continued: "The club will now proceed to the next phase of our plan, in connection with which I can confirm a number of confidential discussions are underway.
"We now need everyone to redeem their pledges as soon as possible so that the club can address its short-term issues while those discussions continue.
"The directors, staff, coaching staff and players would like to sincerely thank all of those who have pledged and those who have contributed in a broader sense."
Bradford extended the initial deadline from 1130 BST Saturday to Easter Monday after falling just short.
The club now need to raise a further 拢494,000 by the end of the month.