New owner confirmed…

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Hull City Tigers Ltd owe Allamhouse Ltd circa £80m.

If Hull City Tigers Ltd goes into admin and pays it's creditors 10p in the pound, then Allamhouse Ltd (i.e. the Allams) lose £72m of their investment.

Which is why it obviously won't happen.
Sorry if I'm been really thick but Hull City Tigers then don't have to pay Allamhouse £72m, so a £72m saving for HCT (ie Allams?), thus they are quits? But then also only have to pay other unsecured creditors 10 p in the pound, so more savings?
I've tried to recreate this with a pile of coins. My loaded left pocket loaned my empty right pocket (both which I own) a handful of coins, etc, etc I always end up with the same amount of coins.
 
If he asset stripped ie trousered 25 million this window and saved on wages then they could ask for less for the club. They may not need the parachute cash

What happens to the sale price if there's no further Premier League money after February or when we get relegated because we are deemed to not be competing?

The only realistic way of getting their money back is to stay in the Premier League. My figures show he has around £16 million left to spend, maybe less if he have to buy Mbokani and Henriksen in January. That's not a lot of money to strengthen our squad.
 
We don't own the stadium, or the land surrounding it. Our training ground is a portacabin, our attendances are plummeting and will only get worse the more asset-stripping takes place - the players and our league position are the only valuable assets at this moment in time. He'd be f'in bonkers to asset-strip, as he'd then never even get a £30m offer for us.

You forget he is bonkers, these people I feel are trying to get their own back on the fans, nothing they do would surprise me.
 
Could it be the new owners are close and they want their own man?

Each time I hear a sale is possible my thoughts turn to the various celebrations City fans will have. Our massed ranks over here have already decided on a nice glass of sherry each and then go ON THE LASH FOR A [HASHTAG]#UCKING[/HASHTAG] WEEK!! Yippee... :-)
 
Wrong person to ask really. I'd have got rid of Bruce when we had the chance of getting Pulis.

It seems bringing in 6 or 7 players is what Ehab Allam was afraid of after Diomande and Nick Powell. The relationship between Bruce and Allam had broken down it wouldn't have worked. It wouldn't surprise me if Diomande wasn't Bruce's revenge for not getting Andre Gray.

Oh I agree I wanted rid too, I'm just thinking from their point of view, they seem to have done everything possible to get us relegated.
 
The DD takes roughly a month though doesn't it? Would be the worst time to sell unless they intend to let the new owners start signing players while the DD is still going on.