New owner confirmed…
- Thread starter Hutch-tiger69
- Start date
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Your point was that the reason why it was much less likely was because the buyers would rather buy a championship club and aim for promotion. Many others said that it wouldn't matter and in fact having a pre-made premier league club was an attraction in itself.
As it is it looks like buyers ARE at the table but the Allams are being ****s as usual. There is no evidence that there would be more or less buyers if we were still in the championship.
Allam Marine profits were down, but only from £9m to £7m, I wish my business was that unsuccessful.
Ehab could have just dropped that comment in just to see what the reaction is, he could be sat reading this forum pissing himself
In the eyes of the world how he feels about us supporters is just a small paragraph, unfortunately. The legacy he's interested in is league and cup success.
Allam Marine profits were down, but only from £9m to £7m, I wish my business was that unsuccessful.
Think my recollection was based on this years Yorkshire rich list info below, and Allam Marines turnover and profit are all heading in the wrong direction the last three years Turnover £120m,£100m,£80m, Profits £11m,£9m,£7m, still very nice nonetheless, but there was some more analysis of the business I just can't recall right now..it is Friday......
Meanwhile, Hull City owners Assem Allam has seen his net worth slashed by £100m after the Tigers were relegated from the Premier League last season. The Allam family's fortune has dropped to £240m – making them the 18th richest in Yorkshire.
Steve Bruce has left the club and been replaced by Steve Evans. His transfer budget for next season is £0.
Do you play Cluedo? You seem to jump from one tread to another with endless suppositions.Was it?
That would be great, but I don't remember them saying it. Any chance you could refresh my memory and point out where you got this quote from? I can't even remember who the new owners are, let alone reading their statement of their plans for the future. Must be losing my memory - after 50 plus years as a Hull City supporter I guess that is kind of inevitable.
I've never denied anything I've said. That's the thing with written posts that remain on the Internet, the evidence is there. Funny eh? Your problem is you don't ****ing read properly. I asked you several times to show where I said what you said I said and you couldn't, because I hadn't.
My point was - and the posts clearly say this - that the price of buying a premier league club goes up relative to the increased income. If a championship club without its own stadium is worth for example £40m, then once it's promoted it doesn't still cost £40m, it's costs £210m, and therefore it's more economically viable to buy a championship club cos buying a squad to get promoted doesn't cost £170m.
Why is this difficult to grasp?
Geeze, it was you saying that rubbish wasn't it?
A PL club is more attractive than a Championship club because it's already cleared the hurdle of promotion. Guaranteed revenue streams are a pretty big incentive to prospective buyers, and staying up is relatively easier than getting promoted in the first place. Buying a squad to get promoted costs as much as it will cost. It won't cost 170m, but there's no guarantee of promotion no matter what you spend in the Championship, whereas buying a club about to enter a PL season is going to guarantee you the 170m. Why is this difficult for you to grasp?
