The Third Meeting.

[originallambrettaman]

Almost as funny as you saying Assem Allam is a liar when he said Brady changed his mind in exchange for Geraghty's vote.

You’re welcome to stick with anything you’ve dreamed up, but I’m bored of this nonsense, so I’ll just leave you to it.

 

[Barchullona]

130 years.

I know. It was a rhetorical question. Relatively little of its history. But for some, including Geraghty I believe, Walton Street is its spiritual home and should be for all time.

 

[Chazz Rheinhold]

One thing that came out of his in depth interview was that he has no idea what is the heart and soul of a football club is. He might make his money back and that is his best case scenario. Other than that no idea what makes a supporter tick and really he just doesn’t care about anything but the investment.

None of them do, they just hide it better.

 

[Fez]

My answer is he did say that. Why wouldn't he? A respected local businessman and Labour donor offers to build a sports village and develop the area around the KCOM and the Council's contribution would be transferring the freehold. The freehold which is practically worthless to anyone but the owners of Hull City because of the lease given to the SMC.

I don't remember many people congratulating Geraghty for turning down the Allams at the time. I think he came in for loads of abuse on here and on CI.

This is what OLM:

"He (Assem Allam) offered to build a £120m sports village, if the council were willing to contribute £30m in the form of that value in the stadium, with him raising the other £90m. Removing an eyesore, creating hundreds of jobs, with clauses to prevent the stadium being redeveloped into anything other than a sports stadium.

Start writing, the man (Geraghty)'s a buffoon. " 27 September 2011

 

[Fez]

The council are able to give away city assets if, in return, they get a major privately funded development, it’s happening now.

Trying to use that hypothetical as proof of what Brady said to Allam is just increasing your bollocks count.

One thing is clear: the closer folk got, the further apart they became.

 

[Fez]

This morning whilst doing chores I listened to the full Burnsey / Ehab interview. I thought Burnsey did a good good with the questions which covered the major points. It is clear now to everyone that there will not be further investment at City from the family. Ironic that he kept going on about re engaging with the fans then cancelled the meeting. Could not be drawn on the price they wanted. Looks extremely likely they will get the money back plus interest. No buyers at present. Gave Burnsey a bad time about not being positive. Cringeworthy stuff alright !

I listened to it this morning and have a few sherbet since, but my recollection is:

• His well meaning words are plausible, unless you've paid attention to the detail (and recognise bollocks when you see it or hear it)
• He made it clear he might buy players in the summer to improve our league standing (he is confident we will stay up).
• Sale price of the club is not an issue.
• Spending money to buy players will increase the price of the club. (But the price isn't an issue )
• They know what they are doing and have been successful.

His words are as reliable as those of the politicians. I find it hugely amusing that ITK posters take sides.

 

[Fez]

Bit of a sweeping statement, but regardless of how truthful anyone is after a meeting the one thing that seasoned politicians are during formal meetings is guarded
I simply don’t believe the notion the freehold was ever promised

It was tongue in cheek and referring more to politics in general
A sensible businessman (as opposed to an average voter) should be more switched on anyway, but I absolutely don’t think Brady would have even got close to promising it

No the art is letting people believe you are going to do what they want, even when you’re not

Oh dear what?

A nod's as good as a wink, which you seem to understand, yet choose to ignore.

 

[tigerscanada]

I know. It was a rhetorical question. Relatively little of its history. But for some, including Geraghty I believe, Walton Street is its spiritual home and should be for all time.

No-one's built a supermarket on the site of Holy Trinity (Hull Minster ?) yet have they ?

 

[Kempton]

Although this may seem a good time and a good place for Political discussion.

Stick to the rules of the board. It's for the common good.

 

[Fez]

Although this may seem a good time and a good place for Political discussion.

Stick to the rules of the board. It's for the common good.

Who's discussing politics? Mentioning politicians isn't discussing politics.

 

[tigerscanada]

Who's discussing politics? Mentioning politicians isn't discussing politics.

"Absence of evidence is not evidence of absence" tha' 'nows !

 

[John Ex Aberdeen now E.R.]

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Was this Ehab

 

[dennisboothstash]

A nod's as good as a wink, which you seem to understand, yet choose to ignore.

Not ignoring anything
I said from the start that Allam may have left the meeting thinking he’d been offered the freehold...I just don’t think he was

 

[Chilton's Hundreds]

It is possible that he didn't realise what a major a **** up he had made until he was too far in, only at that point would he need to look for a way to get his money back. He spent the first period of his ownership crying like a bitch about what a strain it was on his (and his wifes) family fortune, as he later admitted.

We shouldn't forget that the minutes from the first Allam/fans meeting back in 2013 record the fact that club was bought using family funds from Egypt as well.
No doubt some of those interest payments on the debt will be winding their way back to those investors.

I did have a theory some time ago that the 'Arab Spring' was the catalyst for wealthy Egyptians to look for somewhere safe to park their cash (if indeed an English football club is considered safe ). The timing is a bit out but it's possible those 'in the know' as it where had some forewarning that something was brewing. Co-incidentally, the first wave of revolutions started in Tunisia on Dec 17th 2010 which IIRC was the day the club was sold !

 

[Ron Burguvdy]

Can we just rename the thread 'The Turd Meeting' ?

 

[Chilton's Hundreds]

I listened to it this morning and have a few sherbet since, but my recollection is:

• His well meaning words are plausible, unless you've paid attention to the detail (and recognise bollocks when you see it or hear it)
• He made it clear he might buy players in the summer to improve our league standing (he is confident we will stay up).
• Sale price of the club is not an issue.
• Spending money to buy players will increase the price of the club. (But the price isn't an issue )
• They know what they are doing and have been successful.

His words are as reliable as those of the politicians. I find it hugely amusing that ITK posters take sides.

That did make me chuckle. It obviously is an issue. They're asking too much for the club because they want all the debt re-paying as part of the valuation !

Also the reason Ehab didn't give a 'current level of debt' figure is probably because he won't know. He also wouldn't know the level of debt in the accounts at June 2017 (which is why he kept on saying to Burnsy to refer to the accounts). He wasn't being arrogant but was in fact on the defensive to hide his complete lack of knowledge of the financial position. In fact, I don't think he knows much the poor lad.
I've come across these sorts of people before. Elevated to lofty positions purely based on their genes. They bluff their way through life.

Assem is still firmly running the club and Ehab is simply carrying out orders. Burnsy might as well have interviewed a plant pot.

 

[Pat E O'Dors]

That did make me chuckle. It obviously is an issue. They're asking too much for the club because they want all the debt re-paying as part of the valuation !

Also the reason Ehab didn't give a 'current level of debt' figure is probably because he won't know. He also wouldn't know the level of debt in the accounts at June 2017 (which is why he kept on saying to Burnsy to refer to the accounts). He wasn't being arrogant but was in fact on the defensive to hide his complete lack of knowledge of the financial position. In fact, I don't think he knows much the poor lad.
I've come across these sorts of people before. Elevated to lofty positions purely based on their genes. They bluff their way through life.

Assem is still firmly running the club and Ehab is simply carrying out orders. Burnsy might as well have interviewed a plant pot.

I think a plant pot would be far more knowledgeable than the idiot that is Enob Chilts.

 

[Chazz Rheinhold]

That did make me chuckle. It obviously is an issue. They're asking too much for the club because they want all the debt re-paying as part of the valuation !

Also the reason Ehab didn't give a 'current level of debt' figure is probably because he won't know. He also wouldn't know the level of debt in the accounts at June 2017 (which is why he kept on saying to Burnsy to refer to the accounts). He wasn't being arrogant but was in fact on the defensive to hide his complete lack of knowledge of the financial position. In fact, I don't think he knows much the poor lad.
I've come across these sorts of people before. Elevated to lofty positions purely based on their genes. They bluff their way through life.

Assem is still firmly running the club and Ehab is simply carrying out orders. Burnsy might as well have interviewed a plant pot.

Don't you think burns should have been better prepared and have, as much as possible, all the figures to hand. I do.

On another point, not wishing to defend Ehab. But doesn't he have a degree in Engineering? If he does, then he isn't a fool.

 

[Chilton's Hundreds]

Don't you think burns should have been better prepared and have, as much as possible, all the figures to hand. I do.

On another point, not wishing to defend Ehab. But doesn't he have a degree in Engineering? If he does, then he isn't a fool.

By his own admission, Burnsy doesn't have a firm grasp of the financials. All Ehab had to do was bluff for a few minutes knowing Burnsy would
accept what he said and move to another subject.
I've no idea if Ehab has a degree in anything !

 

[Chazz Rheinhold]

By his own admission, Burnsy doesn't have a firm grasp of the financials. All Ehab had to do was bluff for a few minutes knowing Burnsy would
accept what he said and move to another subject.
I've no idea if Ehab has a degree in anything !

Personally I don't think it's good enough when a journalist has the opportunity to grill them and doesn't do his homework.