Just a guess but (regardless of his wealth) I would think Peter Swann bought Scunny for a reasonable price. I think it is generally agreed that Hull City is well overpriced and probably so heavily overpriced that it is effectively not really for sale at all.
I'd disagree with that. Scunny are never going to get much higher up the football ladder then they already are. So he perhaps paid what they are worth which I would put down to the value of the stadium they play in. Hull City are worth a punt around the £20m mark, which is the price I think the owners are looking for. Plus depending on the time of the sale any monies which are still to come into the club in the way of outstanding payments on transfer fees. If we were sold tomorrow my prediction would be £20m for the club plus £15m for the cash still to come in from transfer fees, so £20m as you get the other £15m back in time. £20m for a debt free club playing from a modern stadium who were in the Premier League not so long ago is not an outlandish price. But I'm guessing, as we all are because no-one has come in with a penny yet. Plenty of enquires but no cash on the table and the only party who did were knocked back by the Premier League.
Plenty of clubs in all leagues have been bought and sold, why not ours? Is it because the asking price is unrealistic?
As opposed to owning said stadium, yes it is quite a big obstacle and a big factor to take into account for anyone who would be interested in buying our club
That isn't how people buying into a club would look at it. The whole site and development of it cost £40 million, the stadium itself about £30 million. Additionally, it needs money spending on it.And, since when is it rent free? Wasps bought the Ricoh, a newer stadium with a larger capacity for £20 million. Charlton a club with a larger stadium on land in London could be bought for about £20 million
It wouldn't be an obstacle at all if it were priced accordingly. Also we have been in the PL during the time the club has supposedly been for sale. It still didn't get sold
Long term it would still make a difference to things, it is bar no means the reason why we haven't been sold, but it really doesn't help the sale either
Yet you read it and commented. I do realise that when people, or certain people, post something we should all agree wholeheartedly and move on with no discussion.
We won't be seeing Peter Swann as our owner any time soon he'd have to sell Scunny first, best of luck with that as they're only ten million quid in debt and losing 90k a week. Funnily enough he claims "we're one of the best run clubs in the EFL." Some things don't change though as he's charging interest on his loans, and his other Coolsilk companies have paid four million less in tax due to the football club losing money, perfectly legal of course...
All this talk about the importance of owning the stadium is absolute bollocks, absolute ****ing ****ing bollocks. It makes no difference to the sale of the club, only the market to sell into. So can we just stop the conversation now. The only way forward is for the communities to own the stadiums, which by some miracle, in Hull it still does.
So if it makes a difference to the market to sell into then it does make a difference to the sale of the club. Communites owning the stadium is the way forward? In what way does that help? Apart from City and FC who benefits from the KCOM? You don't even have local league cup finals played there let alone community events. When will we see Anfield, Old Trafford, The Emirates becoming community stadiums?
