The club says it will receive a "significant payment" from Hull KR for the players.
Bradford Bulls have confirmed they're selling five players to Super League's Hull KR for an undisclosed fee.
Elliot Minchella, Matthew Storton, Rowan Milnes, Joe Keyes, and Anesu Mudoti will be heading to Hull College Craven Park effective immediately.
Speaking on behalf of the shareholders Mark Sawyer said:
“It’s always difficult when players leave your club who you don’t want to leave.
“They are going to Super League; we have had offers from clubs below Super League, but they have been turned down.
“It’s going to be a blow to supporters, but it now gives us the opportunity to begin recruiting heavily.
“We would like to thank Neil Hudgell, the Hull KR Chairman, in making sure Bradford get recompensed fairly.”
As part of the deal, the Bulls will receive an undisclosed fee for these players and two Hull players will wear red, amber and black on loan for the 2020 Season, one of which will be Bradford born Rowan Milnes.
“It’s great that Rowan will be coming back to join us for 2020.
“He’s a Bradford lad and is wanting to support the cause at the club.”
Along with Rowan there will be another player coming from Hull KR who will be announced in due course.