New owner confirmed…

[WhittlingStick]

Has he got a helicopter pad at Hymers ?

 

[Chillo]

Despite saving our club I bet not many will grieve for the Allams when they go

 

[larko]

Despite saving our club I bet not many will grieve for the Allams when they go

Grieve it a rest.

 

[originallambrettaman]

For Pete's sake

 

[Quill]

I like that Burnsy's 'exclusive' starts with "I think".

Yep, usually things you think are exclusive.

 

[Girt Bucket]

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[PLT]

He seems like a top guy from the bio.

Some people on here will be gutted if the Allams are replaced by someone like him.

 

[Walter Sobchak]

He seems like a top guy from the bio.

Some people on here will be gutted if the Allams are replaced by someone like him.

Allam seemed like a top guy when he bought us as well to be honest. Bio's are worth ****e.

 

[Dills double deckers]

The wealth of new owners helps however the key is getting feelgood back in the club. Its fair to say as a rule the yanks understand the customer well

 

[Tuckin]

Despite saving our club I bet not many will grieve for the Allams when they go

You saved our club?

 

[Girt Bucket]

A change in Heirachy, Is a positive , that reflects a fresh , modern, forward looking feel to the ongoings at the club. New management taking over from an old ' guard shows progress.

 

[bum_chinned_crab]

According to the HDM the Allams are after £100m to sell. I've had a look down the back of the sofa and I'm a bit shy of that amount

I wonder if that includes the debt....sorry loan? If so they're only asking about £20m for the club, very reasonable to be fair to them.

If we dont get a buyer at that price - if true - then we never will.

 

[Quill]

Well, he knows about football, there's a positive.

 

[Mr Hatem]

Grieve out

Get the pessimism in early. I like that.

 

[Cityswall]

BBC Humberside Sport ‏@HumbersideSport
Hull City spokesperson won't confirm or deny @bbcburnsy understanding that Peter Grieve's heading up leading potential takeover group.

BBC Humberside Sport ‏@HumbersideSport
Hull City have confirmed to @bbcburnsy that there are 3 interested parties still in talks with the club over potential takeover deal.

So they admit there are talks on going but they won't confirm or deny that Grive is involved.
That's an 'It's true but we can't admit it' then

 

[Kempton]

The wealth of new owners helps however the key is getting feelgood back in the club. Its fair to say as a rule the yanks understand the customer well

Don't say that to a Villa fan

 

[originallambrettaman]

I wonder if that includes the debt....sorry loan? If so they're only asking about £20m for the club, very reasonable to be fair to them.

If we dont get a buyer at that price - if true - then we never will.

I suspect it will be more like £30m, which is a good return on their investment, particularly when you consider they've also had over £20m in interest and group tax benefits.

 

[tigerrev]

So they admit there are talks on going but they won't confirm or deny that Grive is involved.
That's an 'It's true but we can't admit it' then

It's called a confidentiality clause

 

[Chilton's Hundreds]

I suspect it will be more like £30m, which is a good return on their investment, particularly when you consider they've also had over £20m in interest and group tax benefits.

Was the club budgeted to make a loss this season that's just finished ? That would add to the overall debt which in turn would reduce the Allam's profit.

 

[bum_chinned_crab]

I suspect it will be more like £30m, which is a good return on their investment, particularly when you consider they've also had over £20m in interest and group tax benefits.

But didnt they pay £40m for the club? If they have banked £20m in interest on their "gift" then they've only - only - made £10m.

Still, not a bad return on 3 years of been **** is it?