FORMER Bradford Bulls owner Omar Khan has won a court victory against the administrator of defunct holding company Ok Bulls Ltd.

The High Court has ruled that Mr Khan had put more money into the business than the administrator had said and has called for a key creditors' meeting to be re-held.

Mr Khan said he now wanted an independent liquidator to investigate the "true facts of what occurred around the administration" of the company, which went under in January 2014, owing £1 million.

The Bradford businessman and restaurateur said he would pay for the investigation out of his own pocket, as he had been "accused of wrongdoing" and wanted to clear his name.

The original report by Leeds-based administrator David Wilson said Mr Khan was owed £375,000, despite his claims that he was owed £1m.

Although creditors are highly unlikely to see their money again, the amount they are owed influences their voting power at meetings.

At the creditors' meeting last April, after submitting documents backing up his case, Mr Khan was allowed to vote on the basis that he was owed £972,920.

But the High Court ruling states Mr Khan should be allowed to vote on the basis that he had put £978,920 into the business.

The ruling also states that the Super League, which had voted on the basis it was owed more than £900,000, should be given no voting rights at all.

The Super League, via the Rugby Football League (RFL), had previously said the figure was money the club had received for playing in the Super League from television company Sky .

Yesterday, the RFL declined to comment on the decision.

Mr Khan said his decision to take Mr Wilson to court had been "fully vindicated".

He said: "The reason I took this action was because I was outvoted at the creditors meeting in April last year as the administrator allowed the RFL to vote for more than £900,000.

"I should have been allowed to vote in the sum of £978,920, which reflects the amount of money I paid into the club.

"I shall now seek to have an independent liquidator appointed, at my cost, to establish the true facts of what occurred around the administration as I have been accused of wrongdoing and I want to clear my name."

The liquidation of OK Bulls Ltd has been on hold pending the court's decision.

In response, Mr Wilson said Mr Khan's legal costs had not been awarded against him personally but would instead be counted as part of the overall administration costs.

He said: "His costs are yet to be assessed and will then fall as a cost of the administration and not payable by the administrator. 

"There is a very important difference in this decision."