Reading between the lines. If City do get to the prem anytime soon then the Allams seem likely to sell, however, who is likely to buy the club when the stadium is owned by the cretins at HC Council? Councillor Brady and the other eggchasers like Geraghty might just be the guys who put the first nail into City's coffin
This is what has been bothering me as well. Also if the Allams own the football club and the stadium what happens if they just get bored with owning a football club could City be without a ground. As long as the Council and people of Hull own the KC Hull City will always have a base whoever the owners are.
If its next season the Allams had better get a move on in gaining planning permission, building and funding a new stadium...
The Allams are not looking for confrontation, they have offered to fund the regeneration of a deprived area of the city in exchange for the freehold of property that generates the council £16 per week, a property that without Hull City in it is worthless, the only thing that is of value is the land which the council have had 10 years to begin work on regeneration and look how far they've got. The Allams have said this is an end to the matter and have began to explore their options and quite rightly so, they want what we all want, a successful Hull City, granted their reasons are different to mine but I don't object to them looking for some sort of return on their investment. Unfortunately our local government, regardless of which party are in power seem intent on preventing Hull City from progressing, why I don't know as surely a successful football club can only benefit the city.
What tangible proposals have the Allams exactly put forward for the building of a Sports Village? The SMC may not be generating much profit for the Council due to the peppercorn rents both City and Hull FC pay for playing at the KC - I don't recall AP complaining about it too much during his stewardship of the Club just the contrary. Moreover when both City and FC were on their arses ten years ago at the rotting BP and Bullyvard, I didn't hear too many descenting voices complaining about the monies being paid to the Council then to play at the new stadium. It was built with public money with the vision of the then Leader Pat Doyle to enusre the Club had a home and would no longer be at the mercy of such dictators as that prat David Lloyd. Yes both Geraghty in particular and Brady to a lesser extent are dinosaurs and see Allam Snr as Capitalist speculator - meat and drink to attack politically. That said Allam Snr is acting like a spoilt child and doing himself no favours whatsoever in any 'negotiations' with the City Council. AP was disappointed I know about the way in which Allam Snr went about his business and it was no coincidence he left the Club the way he did. The Owner needs a bloody good adviser and sharpish.
Hull a top ten city!!...FFS I nearly fell off my chair laughing! With the likes of Brady, Geriatric Terry and other Neanderthals in charge and at the cutting edge of development we'll always be second rate. Better get the cruise terminal built asap. I rest my case.
I know that you will think this is me having a go, but please re read your post. What would the point be of selling the club if there wasn't a stadium to play in?
The property agenda has never disappeared,simply overlooked. This is a no love lost game of poker and Allam has just upped the ante. His timing is impeccable!
I guess I dont understand any of this, I think it is becasue I do not live there. To the point that we wouldnt have a place to play if something happend? Wouldnt the KC still be there? No one is talking knocking it down in the short term are they? To the point about public funds being used. That is pretty normal in most places. Here public funds are allways used, the stadiums are owned by the team but a contract is put in place to keep the team from moving out of the stadium for a certain number of years. Normally enough years that a new stadium would have to be built anyway. Cities do this because of tax revenue they get from the economic benifits of the team being in the city. I know that isnt the same thing as the team cant just pick up and move to London like they could here. If the Allams do build a stadium they will have to take loans out yes? If they take loans out isnt that a risk to the future of the club? So if the council is correct it seems that either way the future of the club would be threatend.
The owners had an advisor, Adam Pearson. He advised them that it would only cost 11m raised to 17m then 28m, 47m and finally on going to the tune of 60m. The whole point of investment is to gain a return. The first plan was to gift the club back to the people of Hull. Gift horses and mouths!
The Allams would not have bought in without due diligence etc- they knew what they were getting. And they still bought in!
Not a financial advisor - they should be asute enough with their own business to have that. A PR advisor wouldn't go amiss. I also thought the Allams bought the Club for the people of Hull - the way in which Harold needler did. He wasn't looking for return on his investments in gifting them £250k worth of Hoveringham Gravel shares in 1965 - a gift that allowed the Club to rebuild BP and buy the talents of Wagstaff Houghton and Butler.
Phew! Where to begin? Allam has 400 million and counting- expected to increase substantially. Our City Council is run by socialist dinosaurs that don't exist in the USA. They are small-minded, envious, bitter men who have fashioned a political career of 'fighting the bosses' (and by extension the likes of the wealthy Allam) tooth and nail on behalf of their beleaguered community. Irresistible force meets unmovable object. More about ego and money than Hull City or the common good.
As Agro says, the Allam's could have walked away at any point, they certainly didn't buy the club for several times what it was worth, just because Adam asked them nicely. They should be admired for what they did, they should also bring in a PR company, as Assem is making a right balls up of things(everyone loves their mad uncle, but probably wouldn't want them in charge of their favourite football club). It's a real pity AP is not still still involved at City, he's the ideal man to sort things.
[video=youtube;nd-s2IhxmKQ]http://www.youtube.com/watch?v=nd-s2IhxmKQ[/video] He actually comes across as semi- coherent here.
Interesting. Here what would happen then is the Allams would toss millions into the campaign war chest of people who were on his side by passing the current council all together. Can he take that route?
Unfortunately not. Here in Hull, there is a long standing tradition of voting for brain dead morons who won't talk to successful people, in case the idiots that voted for them actually see them together and realise that they're brain dead morons. It's a vicious circle.
Allam says he wants to buy the stadium to develop a top of the range multi sports village with shopping centre etc The council have no plans after 10 years of car boot sales, grazing clapped-out horses and a one week a year travelling fair. Basically, the council have no one who knows how to make money and do not want to see a rich capitalist come in, buy the facility and cash in whilst the people of Hull get great sports facilities. Private v public, rich v poor, socialism v capitalism etc - it's all here Blustering blackmailed "I'll take my ball home" threats v showboating political posturing by men way out of their depth. Imagine an 80 year old man wrestling a feisty little shrimp in some back street pub car park to the dismay of onlookers (that's us)
I for one hate Hull Fair - however the dinosaur that is Terry Geraghty thinks its part of our history (which it is) and should remain on Walton Street as it brings in a million visitors (not true) but fook all money to the local economy. A debate about the use of this wasteland (as you say for wessie boot fairs once a week and Nottingham gypos for two weeks a year) should be heard once and for all - for me they could scrap Hull Fair tomorrow. At the very least move it to East Park. Sell the land to the Allams and lets move this whole charade forward.
