They won’t have to write off anything, if they took the parachute money in July, £40m is all the club owes them.
They want out! And whatever the amount the debt is to themselves is what they want! We’ll never know the true amount? But I can imagine they’ll end up well in front?
They want £48m. Of that, £38m is the parachute payment up front to enable early investment for Jan. The balance is perceived value for stage payments from sales, sell on value and current squad. Got this from someone who works at the club. They confirmed Duffen and its very close. He has made an offer but no agreement just yet. Most in the press anyway.
Assam needs to do the negotiations himself, if Ehab gets involved it will probably fall through due to cloak & daggers, fudging of facts and moving the goalposts (if they haven't been stuffed in the back of an Allamhouse van..)
Bloomin marvellous it will be great to get the buzz back after 4 years of negativity, can't wait for this to go through so that we can all get back to supporting our club again.
He's just as bad. Maybe worse. It was him who bundled into the Peter Grieve deal bumping the price up, which culminated in it falling through.
Not really...38M is guaranteed from the parachute payment in Jan. Any negotiation is around the players/sell on clauses etc
Fingers crossed it does go through. Though as long as there’s an Allam involved there’ll be a huge amount of ****wittery, which will obviously jeopardise any potential sale. The pair of ****s.
So you think they think the club Hull City and all it's assets are worth 10 million, parachute payments aside of course.
