Local businessman and lifelong Bulls supporter Ian Watt has become a co-owner of the Bradford club.
The 38-year-old will join Mark Moore and Ryan Whitcut as co-owners of the club, following the departure of Omar Khan last month.
His family own Keighley-based businesses Advanced Solutions, an audio-visual firm, and Designer Yarns, a textile company.
Watt said: “My grandfather and my father supported Northern and now my kids follow the Bulls, right down to my two-year-old coming to the games. It’s very exciting to be involved.
“We need to make the club successful on the field and to do that we’ve got to have a strong team running the club off it.
“The potential is there for all to see and that’s what we’re trying to get back to.
“The more investment we can put into the infrastructure of the club, the more we can strengthen the team.
“The club has made good steps forward but now it’s time to regroup and push it on again.
“That’s what Ryan and Mark are trying to do – move things forward with the right people.”