The long-running saga over the future of ailing Bradford Bulls was brought to a successful conclusion when the administrators confirmed the sale of the Super League club to local businessman Omar Khan.
Brendan Guilfoyle, partner at the Leeds-based P&A Partnership and joint administrator at Bradford since June 26, revealed in a statement that he had completed the sale of Bradford Bulls Holdings Limited to OK Bulls Limited for an undisclosed sum.
The sole director of OK Bulls Limited is Omar Khan, who owns the award-winning Bradford restaurants and catering business under his name. Gerry Sutcliffe, MP for Bradford South and a former Sports Minister, is also involved with the business.
Khan tweeted: "Omar Khan's and Gerry Sutcliffe Save the Bradford Bulls and are the new owners of the club."
The RFL also fielded a bid from Bradford Park Avenue football club, while Super League (Europe) Ltd's offer to buy the Bulls was also on the table but this was always seen as a last resort.
Sutcliffe also took to Twitter to say: "Thanks to all #BradfordBulls fans for your incredible patience and support. Hard work starts now. See you all tomorrow #coyb.
"And thanks also to (coach) Mick Potter, coaching staff, players and all club staff. Shown devotion above and beyond the call #BradfordBulls."
Khan is thought to have paid around £150,000 to take the club out of administration but it will obviously cost a great deal more to take the club forward and they are still waiting to discover if they will retain their place in Super League.
Guilfoyle said: "This is a great achievement for Bradford Bulls, the players, fans and the city of Bradford. My main duty as administrator is to get the best return for creditors - and this was the best deal on the table.
"Omar Khan has also passed the Rugby Football League's test as being a 'fit and proper person' to run a rugby club as well as being a passionate fan of the Bulls."