Bulls liquidators appointed by High Court


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SUCCESS: Legal action by former Bradford Bulls owner, Omar Khan, ensured independent liquidators were appointed to OK Bulls Limited

SUCCESS: Legal action by former Bradford Bulls owner, Omar Khan, ensured independent liquidators were appointed to OK Bulls Limited

On 24th July 2015, OK Bulls Limited, which until its 2014 administration traded as Bradford Bulls in the Rugby League Premier Division, was wound up in the High Court bringing the administration to a close. 

At the same hearing, Gerald Krasner and Nick Reed of Begbies Traynor (Central) LLP have been appointed joint liquidators of the company.

The appointment of the joint liquidators is the result of successful legal action by the major creditor, Omar Khan, to appoint independent liquidators.

In March this year Mr Khan won a well-publicised legal battle against the former administrator David Wilson, to recognise the scale of his £978,920 investment into the Bradford Bulls.

The joint liquidators have been requested by Mr Khan, who was also a former director of the company, to investigate a number of matters leading up to and during the administration.

In August 2012, Bradford Bulls were within 30 minutes of ceasing to exist when Mr Khan purchased the club via OK Bulls Ltd.

 

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