Allam may sell up

[Be Rugby Tit]

Precisely. Hull City Tigers Limited need money to be successful in the Premier League. Geraghty may have been ham fisted but he offered Assem Allam a joint venture to develop the KC. It was refused, on the surface because Geraghty gave a radio interview. If Assem Allam had rang up Brady and said he wasn't happy could we keep it private and I'll meet you next week City may well have an annual revenue of £6 to £8 million from an hotel flowing into its coffers.

Assem Allam has spent his money getting us into the Premier League and told Peter Levy he had no more money. We came within hours of signing Shane Long. If we had of done our deficit for this year would have been £20 million. That money would have to come from somewhere other than Assem Allam as his pockets are empty.

He could have looked at ways of increasing revenue from the Hull and East Riding community. I don't know how many local companies have been approached for sponsorship or invited as special guests to the club. I don't know if Siemens have been approached. He could even have picked up the phone to the council. Manchester City and Swansea City seem to have no problems with their council owned stadiums.

Instead we are told that changing the name from Hull City to Hull Tigers will bring in millions. I haven't seen anybody who believes it will. You talk about Premier League football. If the money runs out what happens to Tom Huddlestone and the rest of our squad. We could end up being the only club in history celebrated for its failure. The only club to get promoted under one name and relegated under another.

Finally lets talk about the elephant in the room. The Premier League and the FA. Its all well and good saying I can do what you want its my business but what about the clubs you are members of. How do you think they feel about all this publicity? Who do you think they blame? What can they do if they don't agree with him?

This is about the future of our club and where we get the money from to fund premier league football.

Our chief executive is leaving and Ehab is quiet, do you really think somebody at the club is sending him digests of these message boards?

Obi.... you have conducted yourself on this board in a respectful manner, and you should be celebrating your victory but somehow I feel when Allam puts out his announcement tomorrow that he is selling the club because of the "likely" reaction that happens today, that victory will leave a sour taste.

This was always going to be... Allam gets his way and the club moves forward, or Allam take his bat and ball home and the club fight for survival (and I don't mean premier league survival)

For that reason, I'm sad that your campaign has been successful.

 

[DMD]

No he hasnt killed it. He's taking his money out, which is reasonable isnt it? Where we end up doesnt matter does it? The team name you want is still there unless we have to change it and reform.

He's always been taking his money out in the form of interest and salary. We were always going to need additional funding. If you were an investor, would you look at his press releases and feel comfortable putting your money in with him?

 

[Chazz Rheinhold]

Not according to the information he himself has offered in his defence. It looks like he never even got as far as writing it on a *** packet.

Few of us are afraid of change IF it's for good reason.

Whats the end game for you dutch? Do you think he should get all his money back? I do.

 

[Be Rugby Tit]

He's too stubborn to leave.

Whose going to negotiate with him? He's petulant tart.

There will be no buyers... so he will just recover what he can by selling the players and cutting the wage bill and keeping the parachute payments.

 

[DMD]

Obi.... you have conducted yourself on this board in a respectful manner, and you should be celebrating your victory but somehow I feel when Allam puts out his announcement tomorrow that he is selling the club because of the "likely" reaction that happens today, that victory will leave a sour taste.

This was always going to be... Allam gets his way and the club moves forward, or Allam take his bat and ball home and the club fight for survival (and I don't mean premier league survival)

Who is he selling it to that you feel will be so bad?

 

[tigerman11145]

Steve Bruce and Hull City AFC did that though. It's Premier league money.

How does changing the name consolidate that position?

According to AA it will bring in more money, if that's the case then why would anyone disagree? He's made it very explicit that he's not just changing the name for the sake of it. Although football is just a game for most of us it does massively effect other businesses. If the name change helps us stay in the Prem then who would realistically be against that?

 

[Be Rugby Tit]

..

 

[Obadiah]

Tell me... do Portsmouth fans have your admiration? Or your pity?

Admiration. When Portsmouth got ripped off left right and centre they got together and saved their club. Yes they may be in League 2 but they made sure their club didn't go out of existence.

 

[....]

I've never been vocal on the name change and Mr. Allam but what Happy has said mirrors my feelings to the letter. A group of "know alls " has possibly killed my Football Club. I thank you all.

gotta say that I agree on your viewpoint and especially happy's post ...

 

[tigerman11145]

There will be no buyers... so he will just recover what he can by selling the players and cutting the wage bill and keeping the parachute payments.

Allam won't sell up, they've just bought Ferriby for christ sake! It'll be part of a big plan and bright futures for our local clubs.

 

[DMD]

Whats the end game for you dutch? Do you think he should get all his money back? I do.

I do think he should get his money back, but that's not what he said his game plan was.

He's got a fair chunk back, (don't foget, some was security, not payment) the only way of getting the rest back is to sell up,the only way to sell up is to show us a viable proposition. His media releases don't do much for that.

 

[Chazz Rheinhold]

He's always been taking his money out in the form of interest and salary. We were always going to need additional funding. If you were an investor, would you look at his press releases and feel comfortable putting your money in with him?

You say that as though he is being sneaky. Surely he deserves a salary and his interest rate is very low for a loan i understand.

 

[DMD]

According to AA it will bring in more money, if that's the case then why would anyone disagree? He's made it very explicit that he's not just changing the name for the sake of it. Although football is just a game for most of us it does massively effect other businesses. If the name change helps us stay in the Prem then who would realistically be against that?

He also showed he'd misread some and not read the rest of the report he got his flawed logic from. By his own evidence, it shows it wont work.

 

[DMD]

You say that as though he is being sneaky. Surely he deserves a salary and his interest rate is very low for a loan i understand.

No, it can hardly be sneaky when it's in the public domain. I'm pointing it out to those saying he should have his money back, despite his public claim it was a gift to us.

 

[Chazz Rheinhold]

I do think he should get his money back, but that's not what he said his game plan was.

He's got a fair chunk back, (don't foget, some was security, not payment) the only way of getting the rest back is to sell up,the only way to sell up is to show us a viable proposition. His media releases don't do much for that.

Ye but he cant welsh on them, i was told on here. He doesnt have to show "us" anything, to a potential buyer its if its profitable and can they earn out of it.

 

[tigerman11145]

He also showed he'd misread some and not read the rest of the report he got his flawed logic from. By his own evidence, it shows it wont work.

So in your opinion why is he doing this then? He's risked £66m of his own money for what? And only yesterday he said that he was more than happy to break our transfer record again, what more do all the fans want? You can't have everything!

 

[Chazz Rheinhold]

No, it can hardly be sneaky when it's in the public domain. I'm pointing it out to those saying he should have his money back, despite his public claim it was a gift to us.

Come on your both playing with words. The football team in the premier league was the gift not giving you his inheritance.

 

[DMD]

Ye but he cant welsh on them, i was told on here. He doesnt have to show "us" anything, to a potential buyer its if its profitable and can they earn out of it.

t'was a typo, should have said 'as'.

 

[Sir Cheshire Ben]

If you'd lived in Germany circa 1939 how many Jews would you have gassed?

Ridiculous post.... And here lies the problem... small-minded people who don't want to change, and therefore compare that change however great or small to the most tyrannical events in history.

I was asking you a question not comparing the situation with historic events. Simply asking you if you have also been a yes man drama queen in another situation.

Let me put it another way:-

Do you believe having someone in charge of the club who is so volatile he threatens to run down the club if his proposals are questioned is a healthy situation to be in?

At what point does he cross the line?

Are you so enamoured by the PL that you'd agree with all he proposes?

In what way do you believe Hull Tigers will be a financial revelation?

Do you believe the name change proposal is a result of his spat with the council?

Who's your second team?

 

[neverdullinhull]

I dont think people understand whats going on here, at least thats what I assume judging by some of the posts on this thread.

I said a while ago this war will not end well. I also said Assem Allam will not walk away; that he will run the club down to get as much of his money back as he possibly can. This will now happen.
First of all have no illusions, nobody is going to buy the club. Why? Because nobody will want to pay what Assem Allam will set the price at. Secondly, he ,as he has already stated will not put another pound into the club. You can forget about January and more than likely about staying in this league.

The nightmare scenario is coming true. Hope it was worth it.

I warned of the same a few weeks passed but my post seemed to be ignored. Those using offensive remarks are the dregs of society and we will be lucky to exist as a club if the Allams leave. There will be no City and instead Ferriby will play at KC