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Ehab Speaks

Discussion in 'Hull City' started by hovetiger, Jan 16, 2017.

  1. Obadiah

    Obadiah Well-Known Member

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    I agree. The bank loan(s) are being used to avoid relegation not repay the debt to Allamhouse.
     
    #361
  2. originallambrettaman

    originallambrettaman Mod Moderator
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    I have no idea what this loan is for.

    But I agree completely with your other comments about a bank not agreeing to lend at the full value of the Premier League income.

    They'll work on a worse case scenario and while there's any risk of withheld payments, or football creditor preference, they'll limit the funds they make available.
     
    #362
  3. SW3 Chelsea Tiger

    SW3 Chelsea Tiger Well-Known Member

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    I hope you & obi are right.

    I cannot comprehend what else the mortgage / debenture can be for mid season, unless they plan to spend big in the next 10 days & I really really doubt that
     
    #363
  4. DMD

    DMD Eh?
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    Maybe it's to fund the stadium expansion.
     
    #364
  5. originallambrettaman

    originallambrettaman Mod Moderator
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    Arf!
     
    #365
  6. DMD

    DMD Eh?
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    I'd expect it would be a full expansion for that price, not arf.
     
    #366
  7. Dills double deckers

    Dills double deckers Well-Known Member

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    They will certainly say "not our fault"
     
    #367
  8. Fez

    Fez Well-Known Member

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    Sensible view. <ok>
     
    #368
  9. Fez

    Fez Well-Known Member

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    I've only had one bottle of wine and a few brandies, or I would have beaten you to that. :emoticon-0105-wink:
     
    #369
  10. Fez

    Fez Well-Known Member

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    I've had a couple, but I find this funny.
     
    #370

  11. Pat E O'Dors

    Pat E O'Dors Well-Known Member

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    Maybe it's to buy some new crayons for ehaw and pay for a course of penis enlargement for him. :emoticon-0138-think
     
    #371
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  12. Evington

    Evington Well-Known Member

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    Oh please let this happen
     
    #372
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  13. 4tiger

    4tiger Active Member

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    This.

    They know anybody coming in is likely to repay all debts on purchase whether that be to Allams or bank so by switching the debt into the name of Hull City Tigers they are just reducing their risk.

    They may also be preparing for relegation and think if their debt is reduced by say 50% (just a guess) it allows them to sell the club at a reduced price in the Championship which would be more appealing perhaps for investors. Although why anybody would buy us in the Championship with the majority of our income already gone for the next season would be surprising.

    To be fair none of us know for certain but the signs are not good.
     
    #373
    Herbert Atkin likes this.
  14. John Ex Aberdeen now E.R.

    John Ex Aberdeen now E.R. Well-Known Member

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