The debt to Allamhouse increased last season from £60 million to £63 million. Seems there wasn't enough in the bank to pay all their interest.
I'm sure they'll have got their interest alright (cash flow). And managed to increase the debt as well. Looks like the club is a way off being debt free just yet. All that income eh #businessgeniuses # bestrunclub #****s
Some say boycotting wouldn't work because they don't give a ****. This may true, but to mind, it's all we can do to save the club from a fate worse than death. But it's your choice and rightly so. If you choose to bankroll our certain demise, I can't stop you.
I don't follow your logic there , a boycott won't work but going to games will mean our certain demise ?
Maybe the owner of Ideal Standard is one of the interested parties. They're used to tackling a load of ****.
Bankroll our demise? Essentially our only source of income next season apart from sponsorship deals will be our gate receipts. Boycotting hastens the demise rather than the other way around. In many ways, our demise is actually the only way to get the Allams out.
Strange but Paul Duffen has started a company in May called Tiger Nation Enterprises Ltd which could suggest an interest in city which is active?
These two ****s are a bit like Manor Properties- just squatting a site and letting it go to rack and ruin, in the hope that one day someone will make them an overpriced offer. I take the latest set of accounts with a pinch of salt- wait, I wipe my arse with them- as they're no doubt cooked to suit the owners' purposes and hide the removal of Hull City money into the Allamhouse coffers. They're not worth the paper they're printed on. Allams' vindictiveness, bitterness & greed + Ernst & Young's expertise + Rollit's legal muscle = they can do what the **** they want basically. I can't wait till these ****s finally **** off, it will be some party. 8 years they've been here now, the last 4 of which more than cancel out any positive things they have done. The club needs rebuilding from top to bottom, all the relationships it has (had) need fixing and the club's image needs a long detoxification and fumigation to rid it of all traces the ****ish crest and malevolent bullshit shovelled by these two ****ers.
Whilst I agree with most of this, I don't think the accounts even attempt to hide that they're running the club down. In fact, Ehab has openly said as much at the start of all this, that the club would be run "in the interest of the shareholders". He even admitted it wasn't for sale at one point before reverting to the absurd pretence that it was for sale but no one wanted to buy it. You don't need accounting expertise to look at the profit vs player sales and realise that we're clearly on the verge of being a club which makes a significant loss every year with very little in the way of assets left to sell. On the bright side, it does surely mean they'll be gone very quickly once that point is reached.
One of many downsides of the malevolent ownership we currently have is that it causes endless arguments between fans, aided and abetted of course by the online pro Allam trolls. No intention of getting into 'an argument here' for reasons stated above. Not sure what 'message' the Allams are sending out. Could be:- - look how lucrative running Hull City can be, you should consider buying it - look how much money we put into Hull City, look how much we are still owed - **** football, **** Hull City, **** conventional ideas of being custodians of a cherished community asset, look how lean we can get a business to run with minimal resources, people can learn from us I haven't a clue which message(s) they're trying to send; all I know is Allam numbers are meaningless as in "I will sell it for a pound", "I will be gone within 24 hours" and any declared attendance. Lies, damn lies and then Allam statistics I
Now please don't shoot the messenger but I've picked up a whisper that the owners/directors of MKM are interested in buying the club. It's just a conversation I had with an MKM employee by chance in a pub after the game. He named names but I honestly can't remember them as I may have had a few shandies.