THE bid to buy the Bulls cannot go forward until chairman Andrew Chalmers has filed the club’s accounts.
Former Wakefield director Chris Brereton is heading the consortium looking to take over.
But their move for the cash-stricken club is being held up while they wait for further information from Chalmers.
The Bulls are understood to be at least £500,000 in debt currently but the proposed sale cannot go through until the accounts are sorted.
Brereton said: “Trying to do business with someone who lives on the other side of the world isn’t always easy.
“But what we’re waiting for at the moment is Andrew to file the accounts in Companies House. We cannot buy the business until he does that.”
Forward Ross Peltier’s departure for Doncaster has further reduced John Kear’s squad to just 12 contracted senior players for 2020.
The Bulls are unable to make any signings while they remain in special measures, which the RFL will only consider lifting when they see proof that the club are financially sustainable for next year’s move to Dewsbury.
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