For me thanking Allam is the same as the old lady thanking the young man for helping her across the road even though he also stole her purse.
If I had been wealthy enough to bail Hull City out of the mess we were in, I would've done it. Unlike Mr Allam, I wouldn't have done it on a loan basis; I would've GIVEN the club my money. ****ing GIVEN it. No strings attached. No conditions. Nowt. The ****'s not fit to lace my boots when it comes to generosity towards Hull City AFC.
Oh? Why are you laughing? Are you accusing me of lying? I'm sure I speak for loads of posters on here when I say that I would've gladly GIVEN my money to Hull City if I were a wealthy man. Wouldn't you? Or would you have loaned it too, yer ****?
The difference with Bullard was that he was crocked and no-one else was prepared to take the risk on him even after he came back from injury.
Either you are just on a wind-up, or you are very challenged. Forget the profit he makes, it's a red-herring - he is entitled to make a profit, no argument. Why are you fixated with the word gift, when it is so inappropriate to the debate? He made an investment, he got a big football club at a throwaway price. He, just like everyone else, knows most investments are risk related and that is usually reflected by the level of potential returns (circa £10m/annum and growing). According to the clubs statements in the months following his takeover he was fool enough to not understand the full extent of the debts and liabilities he had undertaken; but he did understand the huge property development opportunity that exists around the successful purchase of the KC Stadium and proceeded very quickly to try and railroad HCC into complying with his demands for ownership on his terms. This name-change farce is a direct result of his bitterness at being rebuffed by HCC, just as the refusal for a civic reception for team and supporters was when promoted. This man lives for self-aggrandisement, he has used his wealth to promote himself in the City (a word he does not like), making various donations, which I don't belittle, but I can also see their mutual benefit to him, personally. He has also been associated with other 'gestures' that have not been so well received - Hull Ionians ground plan being one such case, the KC development being another. Notwithstanding all of that, I am sure many, such as me, would afford him respect and gratitude for the manner in which he has gained that mutual improvement for the Allam family and the City of Kingston-Upon-Hull. That is exactly why, it is so massively disappointing when he shows his true colours and turns on his customers using underhand tactics, such as lies, deceit, manipulation and blackmail (yes, we can add that one now, too) in his personal campaign to attack the heritage of Hull City AFC. You see, Steve, some of us understand, we also don't agree, just as you say you don't, but we are prepared to fight it.
Exactly. We should be glad that he's making the LOANS available for us and accept that the rate isn't too bad. But he is NOT giving us this money, he will make a PROFIT as 5% is 3% above UK inflation. However, why was it okay for him to be so disrespectful to the fan base that has supported the club through all divisions of English football. Don't say the fans disrespect him as from the start the only point people were making is that they didn't want a name change. It was his arrogance and petulance that caused problems and now many people including myself do not like him as a person.
But Duffen's reasoning for paying 5 million and 45k per week was that he would have a resale value if we were relegated. If this season or next we are relegated it will possibly be down to 15 million pounds worth of strikers not scoring many goals. I can't see either of them having much resale value in that scenario and I can't think their value will increase even if they do score goals. I don't for one minute think that there are no relegation clauses in the contracts, but again that is what I thought when we signed Bullard.
It's something that's formed part of drunken chats. Many of us feel we'd do exactly as you suggest, but few of us think we could run a football club, so would put people in place that can. Let's call him Adam. We'd want fans involvement, but a business can't be run by committee, so they'd have influence and a voice but no authority and groups tend to form into the same issues of group dynamics no matter what their initial raison d'etre. Having pumped millions into the club, being honest at what point would you cede ownership/control? Forgot to say, all that goes out of the window if you're giving it to Hull City, the question then is who have you given it to?
Unfortunately some people then wonder what is behind his apparent generosity, like giving the players of a local football team a decent financial gift for doing well last season.
Yeah, that's pretty much a given, really. I'd like to think that my appointed CEO would be able to advise me on this. You might have to re-word that for me a bit. I've still got too much cider swilling around inside to fully get my head around the way you've written it....
He didn't lend US the money. He (Allamhouse) lent Hull City the money. He also owns Hull City. He may be charging 5% interest, but he is also paying it. This is done purely for tax reasons, is perfectly legal, very sensible, and pretty common. It also puts Hull City in a better position to borrow further if required.
What I'm asking there is, if you didn't own the club, but simply made a donation to Hull City without buying it, who ultimately benefits from the donation?
This is exactly what I was thinking....everyone is taking as if the club and Allam are separate and he's taking the money off the club. He owns the club....it's his money. He's simply moving it between his businesses, and he's moving a lot more in the clubs direction than he is currently moving out!
OK. I think my imagined scenario is that I would be playing the role of Mr Allam, and I would be buying the club, from whoever already owned it.
You can buy "A phoney doctorate" on the internet for £49.99. Universities (including Hull) give these awards in appreciation not because they confer any benefit. Only a fool would think anyone would make a £1.5 million donation in order to get one.
Aye, I'd guessed that, I just added the other bit as a catch all. It'd be a cracking problem to have, admitting I'd be rubbish as a chairman, but still not wanting to let others do it. I'd be wanting to focus on youth development, expanding out to sponsor local youth leagues, building players and brand at grass roots, and setting it up with community involvement/leadership. Invest in properties across the region to rent out, bringing in income and again, community branding. Bigger links with all local councils, looking at joint ventures for sport (not just football) and building links between all the professional and high ranking amateur sides, FC Rovers, Grimsby, Ferriby, Skirlaugh etc to share resources and knowledge. Supporting local businesses to provide our merchandise and possibly even kit. We can all dream.
Personally, I'd probably want very little to do with the actual running of the club. Of course, I would want to be allowed to do whatever I wanted, whenever I wanted, should the whim take me, and I'd want the press and the public to be under the impression that I was in charge. Whoever was my CEO would have to accept this, and they'd be rewarded handsomely for their complicity in the charade, of course. Matchdays would be my moment to bask. My name would be chanted and I'd quaff champagne and snort cocaine from the rock-hard stomachs of porn queens. I'm a proper football man, me
