Rugby: Bradford on brink of going bust

Super League club Bradford Bulls were given just "10 working days" to save themselves from extinction after it was announced on Tuesday they had entered administration. Brendan Guilfoyle and Chris White, from insolvency firm The P&A Partnership, have been appointed joint administrators of the Yorkshire club after it failed to secure fresh funding to pay off crippling debts. Guilfoyle said: "We now have just 10 working days to save the club from liquidation because there are no funds to carry on longer. "If there is anyone interested in buying the Bulls then we need to hear from them right now because this famous club is now on the brink of extinction." Four-times Super League champions Bradford, in existence for more than a hundred years, have failed in their bid to secure the £1.2 million ($1.8 million), they needed to see out the end of the season. Bradford's directors filed a notice of intention to enter administration on June 13 in order to buy them more time to find investment, with UK tax authorities threatening to wind up the club over unpaid bills. Fans responded to a plea from former chairman Peter Hood by raising around £500,000 ($782,000) in a fortnight to pay bills after the bank cut the club's overdraft facilities, but it hasn't been enough to stave off the threat of liquidation. Guilfoyle added: "The directors made every effort to try to save the club within the 14-day timescale issued by the courts but the moratorium ended yesterday (Monday) without any potential buyer coming forward."