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New owner confirmed…

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

  1. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    You may not, but many businesses do operate that way with takeovers.
     
    #23401
  2. Mr Hatem

    Mr Hatem Well-Known Member

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    Any self-made multi-millionaire has done dodgy deals somewhere along the line.
     
    #23402
  3. Gone For A Walk

    Gone For A Walk Well-Known Member

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    We don't know. I suspect that you might even be right (which fits sort of with the answer to the question RV is asking i.e. the Allams were initially asking for more than £30mill and this promotion add-on was the way out of an impasse).
    But however it came about, we are talking of an (alleged) deal of £30 mill plus up to £20 mill. Whether that's what Allam's were or weren't looking for, it's still in my opinion, and that of commentators on the topic, a very good deal that the Allams have achieved - which is part of the points I was making.
    All pretty irrelevant anyway; as Plum says, it's what has (allegedly) been agreed ...... and hopefully very soon happens!
     
    #23403
    Last edited: Nov 4, 2021
  4. TonyNormansGloves

    TonyNormansGloves Well-Known Member

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    Totally agree.
     
    #23404
  5. Plum

    Plum Well-Known Member

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    But if the seller then said, OK I'll reduce the price by x and if you double it's share price in 3 years you give me y. You might think hmm, it's worth thinking about and eventually you agree some sort of deal. Or you might just walk away. Or whatever.
     
    #23405
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  6. Phinius T Bookbinder

    Phinius T Bookbinder Well-Known Member

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    No one tells him where to do his business.
     
    #23406
  7. originallambrettaman

    originallambrettaman Mod Moderator
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    Rubbish
     
    #23407
    Putney Tiger and highpeak tiger like this.
  8. SW3 Chelsea Tiger

    SW3 Chelsea Tiger Well-Known Member

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    Utter bullshit
     
    #23408
  9. AlRawdah

    AlRawdah Well-Known Member

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    No no, that’s not right.

    People with £998,543 in the bank - legit.

    People with £1,001,176 in the bank - dodgy AF.
     
    #23409
  10. Qatartiger Cambridgetiger

    Qatartiger Cambridgetiger Well-Known Member

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    No I haven't. :emoticon-0105-wink:
     
    #23410

  11. Muffinthegoat

    Muffinthegoat Well-Known Member

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    No it doesn’t matter, which is why I was playing devils advocate with those saying it was only a good deal for the Allams.
     
    #23411
  12. Asterix

    Asterix Well-Known Member

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    In any other business, yes. Quickest way to up the share price is dump costs out of the business. Sackings.

    City, the best run club, need the exact opposite. The cost of sacking the manager, player recruitment, bigger wage bill. And after you have done exactly what the Allams have refused to do for years? You give them some more money?????
     
    #23412
  13. cheshireles

    cheshireles Well-Known Member

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    What do I know. Seems like The Allams may have said we want £45m for the club (value of current debt but I could be wrong, and reason we are still for sale after 7 years?), and the prospective new owner said No Way! It's not worth that! So Allams and buyer agree a compromise as reported. All conjecture, but a way of getting a deal done that works for both parties with £20m upfront being accepted by the prospective owner and The Allams as providing a foundation to move forwards.

    One things for sure, in league 1, or at risk of being in league 1, the price goes down substantially, so The Allams need to get this done pronto I would suggest
     
    #23413
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  14. Mr Hatem

    Mr Hatem Well-Known Member

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    I did say multi-millionaires.
     
    #23414
  15. Mr Hatem

    Mr Hatem Well-Known Member

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    Dodgy dealing millionaires are on the defensive
    <laugh>
     
    #23415
  16. highpeak tiger

    highpeak tiger Well-Known Member

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    All this is only relevant if the sale goes though.
     
    #23416
  17. Mr Hatem

    Mr Hatem Well-Known Member

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    Please send me £1 million and I'll keep quiet ;)
     
    #23417
  18. Plum

    Plum Well-Known Member

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    It's just a deal, they're both happy, what's all the fuss about?
     
    #23418
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  19. Kempton

    Kempton Well-Known Member

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    I'd be so tickled if the council now gave the freehold to the new owners :biggrin:
     
    #23419
  20. SW3 Chelsea Tiger

    SW3 Chelsea Tiger Well-Known Member

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    that thought had crossed my mind too :emoticon-0105-wink:
     
    #23420
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