Bradford Bulls owner Omar Khan has injected £900,000 into the cash-strapped Super League club, to enable the players' and staff's delayed wages to be paid, according the Telegraph and Argus.
Khan has insisted the Bulls are not going to embark on their second financial meltdown in 12 months, and has confirmed he will implement money secured by releasing the club's equity in his assets.
Khan, who bought the debilitated club for £150,000 after threats of liquidation last September, said an issue with his bank was the reason for the delay.
The Bulls owner released a statement on Wednesday, which diminished any rumours the Super League club were going to go into administration, after revealing the financial issues at the club were only temporary.
“I’m releasing equity in my properties and putting the money into the club,” Khan said.
“I am doing this for the club and the city of Bradford. It is a place I love. It is my heritage. It is the city I’ve been brought up in. This is our city and our club."
Bradford Bulls face Wakefield Wildcats on Sunday in a crucial clash, which could dictate whether the Bulls have a chance of placing in a play-off position.
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