Like you when they came and paid £40M and said it was a gift to the people of Hull & ER I took it as a gift. Unfortunately, like many things with the Allam's it changed to the gift being a loan the club £40M.
As Sydney has said, there’s a free trial at The Athletic, but if you don’t fancy it, someone’s screenshot it bit by bit...
To be honest after reading the article I feel compelled to subscribe because of the fantastic research and work that went into the article.. they have some good pieces on the Championship as a whole which are pretty interesting too.
This is probably whats in the Athletic article https://www.hulldailymail.co.uk/sport/football/allam-hull-city-takeover-grieve-4253502
It's just a small part about the failed takeover. The Athletic article covers so much more. It's well worth a read for anyone who hasnt.
Strong rumour at the time was old man Allam was furious with Jr-ehab for cocking it up, though this would remain in the family...
Not sure of that, rumour had it, that the old man had left it to Jr as he wasn't well at the time, if that's true (whatever that is in Lalalallam Land) family cockwombling to the Nth degree...
It is true that Assem stepped in at the 11th hour - but that was to scupper the deal with an additional demand of £6m for the SMC, not to rescue the deal. What the Grieve team thought was happening with the SMC is anyone's guess - but they were being advised by Nick Thompson, so I assume they would have been aware of the situation and had a plan.
Shouldn't this be getting more media attention? If feels like if this was happening to another club it would be national news. Can you imagine if this was about West Ham for example? Sky would be all over it, as would everyone else.
It should, but then we are "just" Hull City. We all know what the national media thinks of both the place and the team, why change the habit of the lifetime. Fans of other EFL teams may have more sympathy, as everyone realises clubs are vulnerable to owners like this. We just won't get the publicity. If you look at Blackpool, they don't really get that much more attention for managing to be even more badly run and they had a convicted rapist as an owner.
They have a bunch of players out of contract, are only trying to offer players contracts today, and had 5 U23s players on the bench against City with two keepers because they couldn't fill a bench. Obviously much better than us but my point is they're in a world of hurt and no one cares and they're in the PL where they get much more scrutiny. What hope do we have?
Dyche has fallen out with the board, contracts are not being renewed and some players are not going to play beyond the end of the month.
I've got a limited article free subscription to the Athletic. It keeps asking me to take up a subscription but I get 3 or 4 free articles a month. The investigation highlights he appalling state of our club. I fear the only way we will get rid of the Allams is when they fold the club stating it cannot sustainably service the debt owed to Allam House. We could very well end up like Portsmouth or Bolton. I fear for the future and I'm angry that they have willfully destroyed the joy that the team has brought the supporters through greed and mismanagement. Until the club can't pay the interest and management fees to Allamhouse they have no reason to leave.
