THE Bulls’ joint administrators have moved quickly to allay fears of the club being liquidated.

It is understood that team training was stopped yesterday morning after players were informed the club could face liquidation if no buyer is found this week.

However, the administrators issued a statement yesterday evening promising “a significant announcement within 48 hours regarding the sale of the club.”

After yesterday’s initial deadline for final offers came and went, the administrators revealed that they had received offers from four separate parties, with two preferred bidders now subject to an ongoing due diligence process.

Joint administrator Gary Pettit said: “We believe that we will be able to make a further, more definitive announcement within the next 48 hours regarding the sale of the club.

“I remain very grateful indeed for the way in which the players and staff at the club have dealt with the administration. I am conscious of the dedication, professionalism and sheer graft exhibited by the players and staff against an uncertain background.

“I would again like to thank all those supporters who have come forward to support the Bradford Bulls in their hour of need.”

The Bulls’ debts are thought to be well over £1million and they have had their RFL membership withdrawn.

The financially-stricken Championship club are now in their fifth week of administration, and speculation that liquidation is even a possibility has understandably left many fans worried.

Paul Butterworth, from supporters group BullBuilder, said: “I still believe in the Bulls and I have some fantastic memories at Odsal, but we will have to wait and see what happens.

“At the moment it is all speculation – no one can predict the future.”

“It’s a case where we all want the same thing so we need to remain positive.”