Doesn’t matter if they are worth £500 million. They will still have limits on what they can spend. Bill Gates and Elon Musk could buy City but not be able to spend more than we are doing.
Exactly salary cap sport. Stadium ownership seems to be the only way they will make money and the council are willing to sell (if rumours are true)
No any sale would have a clause in it that both clubs are using it. City would just need to pay a rent I guess. Hopefully Acun is already in talks with new Hull owners as he can’t afford to buy the stadium so hopefully getting a good deal.
Well, it wouldn’t surprise me to see the council after blocking any attempts for City to buy it selling it to FC. In the unlikely event of that happening would love it if City could build a new stadium and leave FC to see how they could manage on their own.
I’m sure acun could afford to buy it, was it tan or someone on here that said the council wanted about £7million for it
Maybe he knew about this and it would explain what is felt by supporters a distancing from the club as he is not in position to compete financially with Hull’s new owners.
It was a light hearted remark. But would anyone be happy to see us as tenants of FC if they did buy it?
Because they are worth £500 million doesn’t mean they have huge amounts to spare, most of it could be tied up in assets.
The SMC lease runs to 2052, any new owner couldn't do anything until the end of the term, or they'd have to buy the SMC as well (which is currently carrying almost £22m in cumulative losses), so there's little chance of any change in ownership.
