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New owner confirmed…

Discussion in 'Hull City' started by Hutch-tiger69, May 30, 2016.

  1. PLT

    PLT Well-Known Member

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    Sadly nothing seems to. I agree with you there.

    I just think that to say they are thick skinned affords them far too much respect. They are anything but.
     
    #16341
    Large Elephant likes this.
  2. City Man

    City Man Well-Known Member

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    Maybe thick-skinned is the wrong expression.

    Determined,single-minded, not prone to changing course because it's unpopular is more in line with what I meant.
     
    #16342
    PLT likes this.
  3. Barchullona

    Barchullona Well-Known Member

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    Traits which are commendable when the people have the same views and objectives as your own, but which make them objectionable twats when they don't.

    Though stubborn and pig-headed are more accurate descriptions of them.
     
    #16343
    Last edited: Apr 20, 2019
  4. rovertiger

    rovertiger Well-Known Member

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    They're not thick skinned, they're just a pair of ****s!!
     
    #16344
  5. Brucebones

    Brucebones Well-Known Member

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    Does anyone know what the prize money is in the Championship?
    I don’t expect us to get any more points this season & I expect us to finish 15th, which is 9 places higher than I expected us to finish at the start of the season.
     
    #16345
  6. Asterix

    Asterix Well-Known Member

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    All I can find is an article about the new Sky deal running 2019/24 worth 590 million. The "basic award and solidarity payments" is worth 6.3 million. No mention of how much per televised game. Not enough for City, or any other club, to be self sufficient.

    Selling players keeps the club going, or holds off the call to the bank of papa.
     
    #16346
    Brucebones likes this.
  7. originallambrettaman

    originallambrettaman Mod Moderator
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    It seems he's currently trying to buy Chelsea.
     
    #16347
  8. EasyTiger

    EasyTiger Active Member

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    The Hull City AFC ‘cryptocurrency’ buyout has quietly fallen through

    Contrary to what reports from last year suggested, English Championship football club Hull City AFC won’t be getting acquired by cryptocurrency crowd funding platform SportyCo.

    According to sources familiar with the matter, SportyCo’s managing director, Marko Filej, met with the club’s owners and agreed on a price. However, after that price was disclosed to investors supporting SportyCo’s bid, the deal fizzled out to nothing. Sources claim the price was “higher than the real market valuation.”

    Here’s what happened
    Last year, reports claimed the Hull City Supporters Trust (HCST) – an organization set up to represent Hull City supporters – and SportyCo had teamed up to launch a £45 million ($58 million) bid to buy the club.

    “[Our involvement] in the bid to buy Hull City AFC, led by SportyCo, has been misunderstood by some journalists,” Geoff Bielby, HCST Chairman, told Hard Fork last year. “We are not leading the bid, [we’re] simply a partner representing supporters.”

    Original reports also suggested that fans would be purchasing a stake in Hull City FC using cryptocurrency, which again, isn’t true.

    “The concept wasn’t to involve [cryptocurrency] but SportyCo did lead the bid with the intention of following up the traditional investor led bid with crowdfunding using [the blockchain-based] SportyCo platform,” Bielby told Hard Fork in an email.

    When SportyCo first put together its bid, cryptocurrencies were dismissed as creating a ‘Hull City AFC coin’ would have been too complex, Bielby explained. It would’ve also taken too long to complete.

    Hard Fork has contacted Hull City AFC for comment, but is yet to hear back.

    While SportyCo led the bid, most of the funds were in fact brought in by Alexander Jarvis and his investment firm Blackridge.

    Who on earth is Jarvis though?
    Jarvis has come under scrutiny for his lack of experience a number of times before. An investigation by the NY Times from March last year, found that Jarvis has a history of exaggerating and overstating his investor connections, most of which he claims are based in China.

    The same article also quoted Hull City AFC’s former Chairman, Paul Duffen, who claimed Jarvis had clearly not “done a football transaction before, or more likely, any transaction.”

    Duffen also told the NY Times that Jarvis claimed to have a number of Chinese investors for a deal to buy Hull City football club back in 2016, all of which never materialized.

    Indeed, it seems not even the allure of cryptocurrency and blockchain was enough to reignite Jarvis’ investors on this occasion.

    Cryptocurrency and football seems to making to be making headlines quite frequently at the moment, and not always for the right reasons.

    Tron’s Justin Sun recently Tweeted that it had a new partnership with English premiership football club, Liverpool. Days later though, Liverpool denied it.

    Update, Friday, May 3, 13:57UTC: Jarvis has since reached out to Hard Fork, claiming that the “asking price for Hull City FC in the Premier league was just to high and talks broke down due to that fact.” (For the record, Hull City AFC currently competes in the Championship, not the Premier League.


    https://thenextweb.com/hardfork/2019/05/01/hull-city-cryptocurrency-buyout-fallen-through/
     
    #16348
  9. GLP

    GLP Well-Known Member

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    Alexander Jarvis = Billy Bullshitter. Probably.
     
    #16349
    SW3 Chelsea Tiger likes this.
  10. dennisboothstash

    dennisboothstash Well-Known Member

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    The CryptoJarvisCoin stuff is irrelevant

    The club wasn't worth as much as they were asking for it, the rest is just noise
     
    #16350

  11. originallambrettaman

    originallambrettaman Mod Moderator
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    Sunderland have been sold again, sold twice in the 24 hours since we were put up for sale...
     
    #16351
  12. originallambrettaman

    originallambrettaman Mod Moderator
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    Scrub that, looks like someone jumped the gun, discussions ongoing.
     
    #16352
  13. GLP

    GLP Well-Known Member

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    The amount of interest in Sunderland is obviously driven by their close proximity to London.
     
    #16353
  14. originallambrettaman

    originallambrettaman Mod Moderator
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    Doesn’t matter if you’re in League One, as long as you’re no more than half an hour from Heathrow.
     
    #16354
  15. GLP

    GLP Well-Known Member

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    The lure of that Southern club from the North East.
     
    #16355
  16. Ron Burguvdy

    Ron Burguvdy Well-Known Member

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    Only since they were rebadged as Sunderland Cat All Blacks {SCAB} for the all important Austraisian supporter base ...
     
    #16356
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  17. Barchullona

    Barchullona Well-Known Member

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    Any info on that? Haven't seen anything.
     
    #16357
  18. desfrog

    desfrog Well-Known Member

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    During the play off game the commentator said the owner isn't selling completely just selling an interest in the club to bring in more finance.
     
    #16358
  19. Barchullona

    Barchullona Well-Known Member

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    Cheers.
     
    #16359
  20. Edelman

    Edelman Well-Known Member

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