What would the council do with a stadium that has no football club tenant? How much would that 'asset' be worth?
It's not a £54 million asset at all, it has a lifespan of 50 years and currently generates the council/us as tax payers approximately £65 per year, as an assets worth is governed by the economic benefits it can generate the stadium itself is worth about £2600, this is due to the cretins at the council committing a **** load of our money to building a stadium and then agreeing peppercorn rents. From that perspective it is bizzare that they are reluctant to give control to the Allams to allow them to build their sports village and achieve greater economic benefit for the city as a whole, surely that is what we elect them to do? The only thing worth money is the site the stadium stands on and I'd be amazed if it's worth more than £5 million, a small price to pay for £100 million of investment and the creation of 200 jobs.
Brady and Geraghty are quite simply dimwits. They have no experience of success, it frightens them, they probably think it will cost them their council houses if they create anything that generates a revenue. Seriously, I think they're that ****ing stupid.
Which is why I think the MPs need to be having a whisper in some councillor's ears. This can't go on. There were no Hull CC elections in 2013, realistically, there is no possibility of the electoral situation changing against Labour until 2017-8 at the earliest, and that's assuming the Lib Dems do recover. People can't let Brady and Geraghty be little Kim Jong Ils until another party gets its act together. I quite like both Diana and Alan Johnson - I think they're both good constituency MPs. I really think they need to be looking in here.
Totally agree OLM, after ****witt Geraghty went live on air and said why would the KC stadium need expanding Hull City have never filled it and Brady live on air referred to us as that club they confirmed everything I'd ever thought of them, small time backward thinking dinosaurs who have nothing but distain for our club and no vision for the future of Hull, they'd rather the city continue to go backwards than see anyone with vision and the drive to succeed benefit financially from making Hull a better place.
When two parties enter into negotiations they should have already established within their own best and worst positions, unfortunately the council have neither and AA is making that very clear; negotitaions have re-started, in a quiet and indirect manner - good luck to the Allams, because their's is the right way forward. Everything has a price, the council need to understand that.
My two pennyworth regarding the ground situation......... Keeping the KC stadium under council control gives us somewhere to play regardless of what financial position the club finds itself in in 5/10/15 years time, be it still in the Premier League, the Championship, or we absolutely cock it up royally, go bust and re-form in non-league ala Wimbledon, Newport etc. If the stadium goes into private hands, it can be used as security to borrow against......future owners might not be as sensible as our current regime.....it could easily become a reposession and the property of RBS/HSBC/etc.....remember former owners who liked to lock us out whilst playing tennis. I for one say keep it in council hands...BUT...come to some negotiation with regards to maintenance/profits sharing/re-investment.
I rate Alan Johnson, it's a pity he's not running Hull City Council, he's so far ahead of the current incumbents, it's frightening.
what's the latest on the Siemens plant opening in the Hull area? (living in France, I'm a bit out of the loop re news like this..)
Only a couple of flaws in your arguement. Maintainance and improvement. The SSMC does not have the money to maintain the stadium beyond what is required to in order to meet safety requirements. The Allams do not want to buy the stadium now why should they, within a couple of years the council will end up with nothing more than a money pit on their hands and both tenants will have to be compensated for their losses. There is no long term safeguard that will mean that Hull City and Hull Fc will always have a home its all pie in the sky. OLM is right the club will not move to Melton but we have a suitable lump of land nearby.
