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Council confirm invite to takeover SMC

Discussion in 'Hull City' started by Chazz Rheinhold, Mar 26, 2015.

  1. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    You really dont get things do you. Your whole arguement is, no its not thats rubbish. You may read things but you dont comprehend.
     
    #61
  2. BenW

    BenW Member

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    All i am saying is a business cant keep losing money. Without cutting costs and changing things to gain more income. Who ever takes on the smc needs to cut the losses
     
    #62
  3. Sir Cheshire Ben

    Sir Cheshire Ben Well-Known Member

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    Substantially increasing the rent of your cash rich tenant would be one way to cut them. Maybe AA should consider it rather than trying to push the debts he's built up onto the local taxpayers.
     
    #63
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  4. PLT

    PLT Well-Known Member

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    Two posts now of saying absolutely nothing. From the position you're trying to defend, a sentence starting "Your whole argument is..." is really weak.

    Cos let's face it, your whole argument is that you picked the wrong side ages ago, and now you just have to try and find some way of carrying it on, but you're having to try and defend some pretty embarrassing arguments to carry it on.
     
    #64
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  5. Obadiah

    Obadiah Well-Known Member

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    Hull City Council don't charge the SMC for the rent of the KC and Airco Arena. That is the quid pro quo. The Council could have charged half a million rent with regular rent reviews. They could have used the rental income to subsidise the sports but they didn't. They just wrote into the lease that the SMC rent out the hall at roughly comparable rates to the Council at all reasonable times. Getting the KC for £250,000 a year (if that figure's correct) seems like a fair deal to me.
     
    #65
  6. BenW

    BenW Member

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    Snippets of the lease have been posted on here.[/QUOTE]
    Depends how the lawyers read it. some community sports can use the 3g pitch
     
    #66
  7. PLT

    PLT Well-Known Member

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    Depends how the lawyers read it. some community sports can use the 3g pitch[/QUOTE]

    Only when it's not being used by Hull City.

    And that's unlikely to satisfy the 'at any reasonable time' clause.
     
    #67
  8. BenW

    BenW Member

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    Bartlett build up the debt what the council signed off. Why should city pay alot more in rent than hull fc do. When fc fans want a 50/50 say in how its run
     
    #68
  9. BenW

    BenW Member

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    Only when it's not being used by Hull City.

    And that's unlikely to satisfy the 'at any reasonable time' clause.[/QUOTE]

    City will only use it when its snowing anyway
     
    #69
  10. merchantman5

    merchantman5 Well-Known Member

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    IT'S CALLED CREATIVE ACCOUNTING
     
    #70

  11. Obadiah

    Obadiah Well-Known Member

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    City will only use it when its snowing anyway[/QUOTE]

    In which case they won't get Category 2 status. For Category 2 status you need exclusive use. I don't think "when its snowing" counts as exclusive use.
     
    #71
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  12. merchantman5

    merchantman5 Well-Known Member

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    It is a fan's organisation not a fat chance of Allam selling to the fans,especially for a £1
     
    #72
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  13. BenW

    BenW Member

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    In which case they won't get Category 2 status. For Category 2 status you need exclusive use. I don't think "when its snowing" counts as exclusive use.[/QUOTE]
    Only when city need it.
     
    #73
  14. Obadiah

    Obadiah Well-Known Member

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    Only when city need it.[/QUOTE]

    I included all our teams in the term City. It comes from me being ancient and thinking that Hull City includes the reserves and the youth as well. Old tricks and new dogs and all that.
     
    #74
  15. BenW

    BenW Member

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    I think they would sell to anybody willing to it on.
     
    #75
  16. Sir Cheshire Ben

    Sir Cheshire Ben Well-Known Member

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    I want a 100% say in how it's run unfortunately I'll continue, like FC fans, to have a 0% say in how it's run, as neither them or myself own the SMC.

    City should pay the rent agreed with their landlord, the same as FC should. If you were a landlord in need of boosting income who would you target? Cash strapped PL football team or a on the bones of their arse SL Rugby team?

    How did RB build up debts at the SMC last year, or the year before, ore the year before that?

    Have you seen the SMC's annual accounts since 2010?

    Have the debts not increased since then?

    Was AA aware of any debts when he bought the SMC?

    Did AA have the accounts checked prior to buying the business?

    AA chose to buy the SMC in full knowledge of the accounts. If he wasn't aware of any debts, then more fool him.

    The debts are the responsibility of nobody else but him.
     
    #76
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  17. BenW

    BenW Member

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    I included all our teams in the term City. It comes from me being ancient and thinking that Hull City includes the reserves and the youth as well. Old tricks and new dogs and all that.[/QUOTE]
    Yeah all the teams. Some of the youth teams use the airco already in the winter.
     
    #77
  18. ImperialTiger

    ImperialTiger Well-Known Member

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    Don't see why not. It's not worth £1, otherwise he'd be happy to keep it.
     
    #78
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  19. merchantman5

    merchantman5 Well-Known Member

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    #79
  20. BenW

    BenW Member

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    RB took out a loan when buying the smc for 6m from pearson. Whos to say city will be a prem lge team long term and can afford to keep paying for the up keep of the smc. And why should my season ticket money help fund hull fc.
     
    #80

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