Bradford Bulls have been handed a one-year probationary licence to remain in the Super League.
The Rugby Football League have confirmed that the financially-stricken outfit will be allowed to stay in the top flight following the takeover from Omar Khan's consortium at the end of last month.
"This is a very positive development which provides stability for all the clubs in Super League and below," said RFL chief executive Nigel Wood. "It allows the sport to approach next season with even greater confidence.
"The board deliberated long and hard and took into consideration the many views of the sport's various constituents before reaching a decision which we believe is in the best interests of the whole game.
"The new owners of Bradford Bulls are to be congratulated on their foresight in purchasing a club which we always knew was a very attractive proposition. Their investment in Bradford Bulls is a vote of confidence in Super League."
Meanwhile, it emerged this morning that coach Mick Potter was due to step down from his role.
