The Rugby Football League has announced that there will be a rugby league side in Bradford this season in the Championship, despite the Bulls liquidation.
The administrator of the club liquidated the club today after a bid to save them collapsed last night.
The newly formed club would start the season with no debt, but would begin the campaign on -12 points.
In a statement, the game's governing body said: "The RFL is aware of significant interest shown in the club by a number of potential bidders and one bid for the company emerged shortly before Christmas.
"This was rejected by the Administrator and subsequently the further late interest shown to the Administrator by another party was withdrawn yesterday evening.
Accordingly the RFL, through Rugby League Cares, intends to offer support to all staff and players who have had their employment terminated by the company ceasing to trade. The RFL is contacting all staff to advise them of the support it will provide.