Buying a football club, presumably with the aim of getting it back to the Premier League, isn't really investing in the area it's investing in a football club that has the potential to operate on a global scale. As that's the case, Ehab's comments are bollocks, there's been plenty of interest in buying the club (A Chinese investor is about to pay £20m for League One Wigan Athletic).
There's also been more investment in Hull in the past few years, than there was in the previous few decades, it's quite obviously on the up.
Yes as I said investment has gone up a little due to Siemens.... And I'll say again I didn't even mention interested buyers for the club (as there has been a number and probs still would be if he wasn't such a Bit), I just said he was rite about hull being undesirable for private investment which it is! Take out Siemens and what other large private investment has hull seen in the last 6/7 yrs?
I love hull, it's my home city and I'll defend it to death and do pretty much every single day in my job, but the fact is we arnt attractive for investment! We don't even have a motorway running into the city...even scunthorpe has that FFS!
I'm currently involved with approx 7 new construction projects in the HU postcode area and only one of those is privately funded, the rest are council,central government funded or EU funded. The 2 others ATM are exsisting hull businesses expanding
