Or they might just do what Pearson and Bartlett did - which was none of the above! I hope you are right Obadiah, but it's pie in the sky in my opinion.
There we are, Tuesday has arrived here in Blighty. As we have done for the 2 ****ing years since you said you'd **** off in 24 hours.
That post was almost perfectly composed and executed, apart from maybe a couple of missing hyphens . But seriously, well done on your composition ... apart from the contained message, that is. Obviously, the horrible atmosphere in the club, in the city, among the paying customers (the supporting fans), and the damage done (regrettably and seemingly irreversibly in the foreseeable future, in the local media), will affect, and have affected, the manager, and therefore, inevitably, the players, and therefore the performances, and therefore the results, ... etc. A classic Vicious Spiral. It is not, and never will be, my style (nor yours, I suspect), except under the most extenuating circumstances, to use unnecessary expletives on a public website, or in front of ladies or children. But these effing Allams can just go and take an effing swim in the River Humber, Dark and Wide ... The source of all our pride. Phock 'em.
Goldman Sachs according to Burns have been doing the due diligence. This is one example of what they have been doing in the US and elsewhere. You may think its pie in the sky, but its how sports teams in the US have been making money and lots of it. http://www.goldmansachs.com/who-we-are/progress/levis-stadium/index.html
Goldman Sachs doing the due diligence doesn't necessarily mean they'll be actively involved in the management of the club.
They are not actively involved in managing the San Francisco 49ers either. They just put the deals together for the development of the parking lot into a sports stadium including lending them over $800 million of their own money. The Americans have already spoken to Hull City Council. If they buy the club they will make their money back from the development of the ground and the surrounding area.
The Allams wanted the freehold, the Americans want the ratepayers money. They like public private partnerships, spreads the risk and maximises the returns.
They didn't announce in relation to Hull City. Its historically how Goldman Sachs put deals together. Why not spend 20 minutes listening to Goldman Sachs' expert on sports finance. http://www.bloomberg.com/news/videos/b/aaebef9d-81b0-4a51-ba09-2b7cd6ecb870 Its not a long leap from there to seeing the development of the KCOM and the surrounding area in partnership with Hull City Council if the Americans buy us.
Whatever happens needs to happen soon......we can't start squad strengthening while we are in limbo I do hope we have new owners soon......I have £3k sitting in my bank account waiting to buy passes for the family the second the Allams are gone
As others have said, the club has potential. It has land which can be developed commercially. It has supporters who can be tempted back. Goodwill to rely on and take advantage of. But a lot of this will cost money, which is a risk, and the returns have to pay in the long term. The Alllams wanted a sports village which seemed an honourable dream; their problem was the acquisition of the capital assets and land. I doubt the Americans have the same vision, and you are more likely to see commercial business ventures than sports. If they have the services employed with the expertise and experience of his work then they should be able to make it happen. My gut feeling is the Allams had genuine ambitions that fell short due to the lack of real knowledge or skills to complete such a large and complex commercial undertaking. Anyone who has those skills and the cash up front to pull it off could make a real profit in the medium to long term. I predict that most people on here will eventually realise that entrepreneurs have to make money to achieve regeneration and provide employment. I did get very fed up of the resentment shown to the current owners every time they looked to cut costs or dare to make some cash... Lots of money makes money whatever... Loan interest is not evil! A new dawn would repair the stand off, but once the smile is back you will see the same hard faced commercial drive to remove cash from your pockets. The key is to do it well, so you don't notice, and be pragmatic about where you give a bit away now, to get a bit back later (cheap tickets for kids etc. ). It's hard to implement and achieve, but not a difficult thing to get onto paper. Done right, it could be a perfect balance of corporate enterprise and public services... Funding a bigger stadium and a better spread of prices.
The biggest challenge for any new owners is going to be how to reconnect Hull City with the fans who have become so disillusioned & embittered toward the club during the period of Allam ownership I have to hope the first things to do on that route are to reverse the least popular Allam policies....return the name to the club......you cannot have support for a team without an identity ..... give us back a club badge which carries that name.....by all means promote our nickname but first & foremost the club is Hull City AFC
I didn't forget to put anything. You don't think that our manager not getting on with the owner might have an effect on the football? Presumably, if he walks away, then you'll think it's had an effect?
That's the easy bit. It's only hard at the moment due to the recent history and decisions. The difficult bit has always been the money and risk, tied to ownership and interest in the land and major assets.
So you're making an assumption that a company with a strong reputation for doing due diligence for companies, and is doing the due diligence in this instance, is actually also on board with a whole raft of other things, purely because they've done likewise in other instances? I thought I was the resident assumption maker.
