New owner confirmed…

[brownbagtiger]

The "You" part does, and as you'll know, a lot of the time that part is elongated for as long as possible, so until you hear the 'Ull part, it sounds a lot like booing.

Ok, well I didn’t hear it when I was there but on the video it definitely sounds to me like the unbroken “ooooo” of a boo, if it’s a “yooooo”I can’t hear the associated “‘ull”. It also sounds lower pitched like a boo not the higher pitch of yoo ull.

anyway I’m probably over thinking this on a Friday night…

 

[Barchullona]

I had a mate who wanted to go to Southampton vs Arsenal at St Mary’s. I was given some free tickets and took him.
Two days later he rang me to say he was being interviewed on local radio and I should listen. The presenter introduced him and he said that he was disgusted by the monkey chants that he heard from the Southampton supporters. The presenter said he had been at the game himself and hadn’t heard anything.
My mate rang me after and asked what I thought, he said the football club was coming to see him and he wanted details of our seat number etc.
A week later, we met and he said straight away that he had been to the doctors to get his ears syringed!
He had been to the club and they played back the game and when he heard the monkey chant to tell them. He heard it about four times. They heard it as the oohs and ahhs from missed shots at goal.

Years ago when people used to make ooh ooh ooh sounds at a corner there were accusations of racism when it was nothing of the sort.

 

[steverico]

So you believe the BS Assam Allam was spouting!
From what's been said, it seems reasonable to assume that the club was sold for somewhere between £20 and £30 million.
For you and Allam to be correct, it means Allam has managed to get Acun to simply gift £20 to £30 million to him, resulting in the club's Balance Sheet now showing zero debt to our new owner. Incredible!
I never mentioned anything about where Acun got his money from and that's nothing to do with the point. The Allams took the club on with around £30 mill of debt and he's left us with pretty much the same debt, just now owed to Acun.
If Acun has bought us as a gift to the people of Hull then I take the above back. I'm 99% the Balance Sheet will now show £20 to £30 million debt to Acun and I won't be taking anything back. For him to say the club is 'debt free' is utter bollox and for you or anyone to believe him is beyond belief.

You know when you buy a house, cash or mortgage it doesn’t matter, what ever you pay, that house is in debt to you, do you (A) panic like **** and shout I’m in debt for £100k, or whatever, or (B) say this might be worth £150K in a few years, Acun has bought the equivalent to a house, if he does well, he will be in profit, like the Allams were.
If he ****s up, he can afford it. Football club ownership is a vanity project, he owns a TV station, he will make millions.

 

[Mckechnie Orange]

You know when you buy a house, cash or mortgage it doesn’t matter, what ever you pay, that house is in debt to you, do you (A) panic like **** and shout I’m in debt for £100k, or whatever, or (B) say this might be worth £150K in a few years, Acun has bought the equivalent to a house, if he does well, he will be in profit, like the Allams were.
If he ****s up, he can afford it. Football club ownership is a vanity project, he owns a TV station, he will make millions.

Worth remembering the media company owns the club. Acun is the founder and face of that company, but he came up from the streets and has always had people backing him.

You don't come from here he has, to where he is now without a track record of making as much money for others as you do for yourself.

As far as it's 'not a gift' ?

It never is and you're a naive ****er for thinking it is. Hopefully though it's a win - win.

 

[steverico]

Worth remembering the media company owns the club. Acun is the founder and face of that company, but he came up from the streets and has always had people backing him.

You don't come from here he has, to where he is now without a track record of making as much money for others as you do for yourself.

As far as it's 'not a gift' ?

It never is and you're a naive ****er for thinking it is. Hopefully though it's a win - win.

Are you pissed mate

 

[Ric Glasgow]

I’ve said for a while, there’s no fan under 30 who follows City have known anything but success, compared to my first 25 years of failure, the next couple of years are going to be great, the first 5 under Allam were excellent, then he went crazy, but hey ho, we never went bust and he seems to have sold us to a good un, it’s like the new start under Sir Adam

Good post,spot on

 

[Mckechnie Orange]

Are you pissed mate

Acun Medya bought the club.its on the club website. It's bigger than Acun alone.

And no, no-one ever bought a football club purely as a gift to fans.

Not even the 'good' owners.

 

[John Ex Aberdeen now E.R.]

Radio 5 live podcast 72+, featuring Phil Brown and announcing he has just become a father again. First 15 minutes about City and the takeover including Mike White from RH.

https://www.bbc.co.uk/sounds/play/p0bjklvh

 

[Mr Hatem]

compared to my first 25 years of failure

You are Frank Spencer!

 

[originallambrettaman]

The SMC has about 15 million debt.
Hull city has about 30 million owing to Allamhouse.

So there's 45 million and if we guesstimate the value of the Club and the SMC at say 20 million the total is 65 million.

So potentially Acun paid Allamhouse all that was owed and the value of the club and smc.
Allamhouse wrote of some or all of the debt and Acun paid the difference
Acun paid the value of the club and smc and still owes the debt to Allamhouse

Any other possible scenarios?

The SMC debt was owed to City, it’s included in the £30m owed to Allamhouse, not in addition to it.

Acun paid £20-30m, depending on who you believe and in return the Allams wrote off all the debt (it was only a paper debt anyway, they’d actually had the money back in interest and group tax benefit, so Acun’s payment is basically the profit they’ve made from their ownership).

It seems they could also benefit further in the future, as there’s clauses that could see them get additional payments based on success and player sales.

 

[Top_Tiger]

The SMC debt was owed to City, it’s included in the £30m owed to Allamhouse, not in addition to it.

Acun paid £20-30m, depending on who you believe and in return the Allams wrote off all the debt (it was only a paper debt anyway, they’d actually had the money back in interest and group tax benefit, so Acun’s payment is basically the profit they’ve made from their ownership).

It seems they could also benefit further in the future, as there’s clauses that could see them get additional payments based on success and player sales.

Christ alive, shows you how keen Acun was for the club if he’s agreed to that. No right minded business man would usually sign up on those terms, bar our Turkish night.

 

[Red top reader]

It’ll still be the busiest thread on here

pretty sad

ehab living rent free in a lot of posters heads

great line !!!

 

[Top_Tiger]

I know it would never happen, but there’s no wonder yeh council never gave the keys to the stadium to them two idiots. This could have happened.

You must log in or register to see media

 

[Chillo]

ive posted this on the blackburn match thread. but as it features the new owner and is a good watch ill post it here too. apologies if this is old news. almost brings a tear to your eye.

You must log in or register to see media

 

[originalminority]

I'm not sure why we have got bogged down with only discussing the mere £20-30M? I was told we had had over half a billion through the club several years ago during the Allam era to end up no better off, arguable a smaller club in fact, over the 11 years. City accountants what has been the final turnover? I'd hope that if Acun Ilicali has a similar turnover in the same time scale we will see progressive improvements in the stadium, the training facilities, the fan base and the league position a decade from now, then history will judge the legacies?

 

[Gone For A Walk]

You know when you buy a house, cash or mortgage it doesn’t matter, what ever you pay, that house is in debt to you, do you (A) panic like **** and shout I’m in debt for £100k, or whatever, or (B) say this might be worth £150K in a few years, Acun has bought the equivalent to a house, if he does well, he will be in profit, like the Allams were.
If he ****s up, he can afford it. Football club ownership is a vanity project, he owns a TV station, he will make millions.

My point was simply that Assam Allam said he'd left the club debt free. BS, another lie.

As OLM sets out nice and simple, the club owed Allamhouse around £30 million. Acun (or Acun Media) paid Allam £20-30m, depending on who you believe, and IN RETURN the Allams wrote off the debt. BUT this means that at that same moment as the debt to Allamhouse was removed, the club became in debt by the same £20-£30m to Acun (Media), as the balance sheet will now show ....... unless Acun has gifted the city £20-£30 million which, as someone else said, doesn't happen.

There's no problem with us still being in debt, just a problem with Allam talking BS / lying about handing us over debt free, and also with people continuing to believe his BS.

Edit: re. the interview, why the hell don't journalists challenge his crazy BS comments? He was once again allowed to otter on about his stupid name change logic, making out the club is called by some stupid incorrect name other than the name that's used throughout the football world, Hull City AFC, nickname The Tigers (exactly as per the badge he removed in spite). Then to talk BS about the club now being debt free. In fact, why even give him air time when he's gone to lengths previously to avoid, even ban fellow journalists.

Why don't I just ignore him now? Because people are still believing and defending his BS.

 

[Evington]

Pity it wasn't a 'City 'Til I Die' scarf

 

[Tigger]

Years ago when people used to make ooh ooh ooh sounds at a corner there were accusations of racism when it was nothing of the sort.

I can't say I remember ooh, ooh, ooh but I do remember, "Ooh, it's a corner!" Lack of success made us easily pleased in those days.

 

[Ric Glasgow]

My point was simply that Assam Allam said he'd left the club debt free. BS, another lie.

As OLM sets out nice and simple, the club owed Allamhouse around £30 million. Acun (or Acun Media) paid Allam £20-30m, depending on who you believe, and IN RETURN the Allams wrote off the debt. BUT this means that at that same moment as the debt to Allamhouse was removed, the club became in debt by the same £20-£30m to Acun (Media), as the balance sheet will now show ....... unless Acun has gifted the city £20-£30 million which, as someone else said, doesn't happen.

There's no problem with us still being in debt, just a problem with Allam talking BS / lying about handing us over debt free, and also with people continuing to believe his BS.

Roman Abramovich owes Roman Abramovich a billion...essentially Chelsea are debt free?

 

[Evington]

Roman Abramovich owes Roman Abramovich a billion...essentially Chelsea are debt free?

You're telling me he hasn't 'gifted' it. Shock horror. Probably not his money anyway.