Bradford players will be paid
Beleaguered Bradford say they their players will be paid on time after the club reached their initial target of £500,000 in pledges to avoid the threat of administration.
The ailing Stobart Super League club still need a total of £1million to ensure their survival but now have enough cash to pay this month's wages and avert a winding-up petition by satisfying an outstanding tax bill.
"We've achieved our first target, the challenge is now to get to the next half a million," said chief executive Ryan Duckett. "It's been a fantastic response, we're really touched by the reaction we've had."
He added: "We can address a couple of the short term liabilities, particularly players and staff salaries and a tax bill, and moving forward we need another half a million to address some longer term liabilities."
The Bulls have had no access to cash following a tightening of restrictions by their bank and were forced to issue a desperate appeal to fans to help rescue the club.
A bumper 20,000-plus crowd for Bradford's Good Friday derby with Leeds helped take them to their initial target but Duckett says the club are hoping they will not need to ask supporters for more cash and that the money can be raised instead from the business community.
"We have a number of positive conversations going on with regard to commercial opportunities and also one or two people who are interested in getting more involved with the club," he said.
"Those will progress over the next couple of days and weeks. We've got a few different plans and it depends how some of those conversations go over the next few days.
"Certainly the aim is to get to our next target through some commercial opportunities and one or two individuals."
Duckett insists the club have a plan for long-term sustainability which can be implemented once they secure their immediate future, which he hopes will happen in four to six weeks.