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The Allams smc statement

Discussion in 'Hull City' started by hu7tiger, Feb 14, 2013.

  1. Docko

    Docko Member

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    I moved to Brough over 16 years ago and found a larger Hull City following, even back then, than I'd come across actually in Hull itself. That's not to say that's the case these days but there is an even bigger Brough contingent of fans now-a-days as well.

    Also seems to be much lower % of egg-chasers in the outer lying villages - it would seem to me at least, but I guess that could apply to Hull as well.
     
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  2. x

    x Well-Known Member

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    wow, i never realised the people on the council now are the same as the ones that were on it when they decided to build the kc.
     
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  3. suttontiger

    suttontiger Active Member

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    Please do tell how ERYC will find monies to help fund a stadium development in their 'patch' - **** me the ******s in the East Riding were complaining about pulling up the cobbles in Beverley and wait for it the whole of the county objecting to a massive £2.5m being allocated to Beverley at the expense of other villages in repaving the main market square that hasn't seen a tarmac machine in years.

    Imagine the controversy should they ever suggest building a football stadium outside the city - probably take longer to get planning than Falmer and without the help of Lord Prescott!

    PS Melton had a halt in the days of Cappers so nowt new there.
     
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  4. Jobboshinpad

    Jobboshinpad Active Member

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    Borrowing £100m for a project capitalised over say 40 years isn't that costly, the return on investment wouldn't need to be massive, the profits required to service the debt would be a piece of piss with premier league money. Watch this space...

    I'm not even sure they would need that much finance, materials costs are flat and have come down since 2007, probably within 2% of 2000 material costs. Labour costs have increased but there is real competition looking for projects like this. A 40,000 Capacity stadium might be doable for around £60M ?? Making the financing even easier.
     
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  5. originallambrettaman

    originallambrettaman Mod Moderator
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    Trust me, they're chomping at the bit to make this happen.

    I hope it doesn't, but if it does, then there's some serious coin being made available.
     
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  6. Amin Arrears

    Amin Arrears Well-Known Member

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    I hope it doesn't happen, attendances are bad enough with the stadium in as perfect a place as it could be.
     
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  7. suttontiger

    suttontiger Active Member

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    It won't and yes I agree it is..

    If out of all of this nonsense, we get the respect that we deserve as the senior partner (as we have been from day one otherwise the KC would never have been built) then the mud slinging would be worth it.

    The Council should now recognise that as a Club we have the clout tomove things on with development of and around the stadium.

    Time to get things back on track.
     
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  8. PLT

    PLT Well-Known Member

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    I've said this a few times but Nick Thompson is very confident that the club will get the stadium, and the reason for that is because of all the money the owners have had to pay for maintenance which should have been done by the council. This has to be good news for the club.
     
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  9. originallambrettaman

    originallambrettaman Mod Moderator
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    I withdraw my previous remark about posting on the FC board, I'm yet to be obnoxious, but that moderator mupet Kosk is so blinkered he won't accept anything, whatever the evidence.

    I'm with Dutch, their moderators are under qualified.
     
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  10. originallambrettaman

    originallambrettaman Mod Moderator
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    He's getting worse, the bloke is seriously ****ing dim.
     
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  11. StrovolosTiger

    StrovolosTiger Well-Known Member

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    What did you expect. They haven't changed their opinion on that site all week. As each new embarrassing revelation comes out about the All Greens or the Council, they find a new piece of fantasy to explain it all away. It quite frightening that people such of this are mixing their gene pool with ours. Glad I don't have daughters!
     
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  12. DMD

    DMD Eh?
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    Some of the people on there are so wrapped in their bubble, daylight can't get in. Mr Allam says on memorabilia "it's £300 a site" on there that becomes a demand for thousands. A glimmer of recognition that works will need doing to the stadium and that money isn't there to carry them out because not enough is paid in, still leads to a plea of it being nothing to do with FC.
     
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  13. Chilton's Hundreds

    Chilton's Hundreds Well-Known Member

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    To be fair, some FC fans have changed their viewpoint and point the finger at their own club for letting it descend into farce.

    Also some useful snippets on their fans forum gives some insight into the catering subsidy. It seems when FC moved to the KC part of the lease
    agreement guaranteed they wouldn't lose out on bar/food takings. For example, if they generated £200k a year revenue at the Boulevard then this figure was guaranteed at the KC.
    So, if sales are now only £130k then the SMC would have to make up the difference. Hence a loss of £70k. How they build the cost of sales into this I don't know but it must be taken into account.

    I assume someone audited that takings figure that Hull FC supplied otherwise it could have been open to upward manipulation. Although I'm sure they would never have thought of such a thing.....
     
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  14. StrovolosTiger

    StrovolosTiger Well-Known Member

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    They make me laugh when they bang on about wanting an independent SMC. Hope it happens! Then they won't be an irritating drain on our owners and they will instantly be £300,000 a year worse off, plus their beloved pie and pints will rocket in price.
     
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  15. The Omega Man

    The Omega Man Well-Known Member

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    A site is any AO sized frame. Ten sites = 3k simples. Window site add 50%. Door plaque £150. Lighting for frame £150. Insurance £150, cleaning and maintenance £250. **** with me charges, infinite. Golden rule don't enter the game unless you can afford to lose. Bow to the master Mr Assen Allam.
     
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  16. Mark Blow

    Mark Blow Well-Known Member

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    The 3.5million loan/mortgage taken out against the SMC isn't a drain then, which has nothing to do with Hull FC.

    So , when they they bought the SMC did they not do due diligence on the KC stadium to see the state it was in?When anyone buys a house they get a survey done, did the Allams not do this before buying the SMC and taking control of the upkeep of the stadium.

    Another question I would like to ask is all the gate receipts that City receive for a home match, do they keep them?

    For Hull FC they don't, initially when the moved in the SMC received 50% of gate receipts for crowds over 7500. Hull FC 's average crowds have steadily risen so it would be interesting to see how much the SMC makes from Hull FC home games and whether the total over a season offsets these 200k losses the SMC say Hull FC cost them, especially when you have derby matches against Hull KR with crowds of 20000 plus.
     
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  17. WhittlingStick

    WhittlingStick Well-Known Member

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    aww i got upto about page 12 on the new thread , but sadly its became hard work .
    As soon as someone opened their eyes and actually questioned the FC fan line , they were shot down needlessly .
    It spoils learning or understanding whats going on or isnt going on .
    Whats all this talk of a confidentiality clauses too ??? as i said in the Barmby situation , theres no such thing as a gagging order when you have the "truth " to tell .
    The only risk to speaking publicly is scrutiny so for the Allams to make a statement is a massive risk if they are telling porkies and that the FC side say nothing speaks volumes and reminds me so much of last summer .

    The mod on their board need to know when to allow debate to flow , its a critical thing on a forum - especially when you want to know the truth about something.
     
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  18. DMD

    DMD Eh?
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    Due diligence can't and (rarely does) show everything. Ever known anyone that's bought a car only to find later it has problems?

    City keep a gate receipts up to a certain amount. As I understand it, the 7,500 value quoted for FC is slightly misleading, there's an annual amount due that roughly equates to that, but both sides pay a value that means they should never be worse off than they were at their previous grounds.

    The money taken from FC does not cover the cost of them using the ground, hence the clear statement that they've been propped up by Hull City funds.
     
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  19. Amin Arrears

    Amin Arrears Well-Known Member

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    What's Imhotep?
     
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  20. DMD

    DMD Eh?
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    An attempt by the Grimsby fan to divert attention from his stance.


    They seem to be a collection of single point posters. His has been a call for an independent audit of accounts. I think the penny has dropped that this happens every year.
     
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