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A question for the business minded types

Discussion in 'Hull City' started by DMD, May 1, 2012.

  1. DMD

    DMD Eh?
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    Ignoring if it's the right thing to do or if buyers are avilable, is it a realistic option for the Allams to step down/sell up? If they did, what would you expect the asking price to be?

    Also, is Adam Person still involved on the SMC (other than as head of FC)?
     
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  2. originallambrettaman

    originallambrettaman Mod Moderator
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    They'd be lucky to get back half their investment and I don't think AP has any involvement in the SMC, other than being a tenant.
     
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  3. PLT

    PLT Well-Known Member

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    I was wondering this. Are we still relying on their money so survive?
     
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  4. Boothferry2Wembley

    Boothferry2Wembley Well-Known Member

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    A tennant who sought a reduction in payment to the SMC.

    No conflict of interest?
     
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  5. TigerMarv

    TigerMarv Well-Known Member

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    It all depends on the finances of the club, ive heard contrasting details about the finance, mainly been the Allams have paid off all the debt the other been that the Allams are security for the debt

    either way ive got a couple of Euro Millions tickets so when i win (im always convinced I'll win) I can buy the club and get AP & NB back where they should be
     
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  6. RicardoHCAFC

    RicardoHCAFC Well-Known Member
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    Either way we wouldn't be troubled. If they were the security on it and the creditors decided we couldn't pay they'd be going after the Allams personally.

    From next season (when do I start calling it this season) we're supposed to be running as a self sufficient club though, so as I can't see anything that's happened that changes that I don't think we're relying on outside finance to fund us now.
     
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  7. mussiesredhat

    mussiesredhat Active Member

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    and that is probably why the allams are successful businessmen and we are not. we have to trust them and their business judgement. we have nowt else anyway. i wonder what APs company's deal was?
     
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