Bradford Bulls takeover is ratified
The takeover of Bradford Bulls by local businessman Omar Khan has been ratified by the Rugby Football League.
The board of directors made the decision via a conference call to transfer membership to OK Bulls Ltd, which is the new company set up to take the Super League club out of administration.
The club's membership to the RFL was suspended when they went into administration in June, but it was re-admitted after Khan and MP Gerry Sutcliffe provided by the governing body to complete their due dilligence into their financial status.
Omar Khan, who owns a restaurant in Bradford, is the sole director of the new club and former sports minister Gerry Sutcliffe becomes honorary chairman. They plan to bring in people to help run the club.
They announced 11 days ago that they had acquired the Bulls from the administrators, but had to wait for today's official seal of approval. They now have wait a little longer to find out if the team can stay in Super League or start again in the Championship.
The RFL say details of how the board will reach that decision will be confirmed before the end of this week.