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New owner confirmed…

Discussion in 'Hull City' started by Hutch-tiger69, May 30, 2016.

  1. Obadiah

    Obadiah Well-Known Member

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    The club say the talks have been put off to September. OLM says the Americans have walked.

    According to David Burns they are still talking about how much cash is paid upfront and how much on the never-never. I don't do Twitter so can't re-find the tweets to post. If they are discussing paying on the never-never I find that a reasonable thing to discuss.

    The transfer window is in the hands of the Allams. We'll find out what's happening come September. No buyers will be difficult to hide for long.
     
    #2181
  2. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    Burns seems to have agreed with OLM though.
     
    #2182
  3. dennisboothstash

    dennisboothstash Well-Known Member

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    Cheers
    not really

     
    #2183
  4. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    I'm referring to this:

     
    #2184
  5. tigercity

    tigercity Well-Known Member

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    I guess we might get an interview from a suited & smiling Ehab saying, "We want to do what's best for the club & we didn't feel the valuation was correct" et cetera..
     
    #2185
    PLT likes this.
  6. DanKelly

    DanKelly Well-Known Member

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    #2186
  7. Obadiah

    Obadiah Well-Known Member

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    I'd seen this.

     
    #2187
  8. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    And I believe that offer is no longer on the table.
     
    #2188
  9. DanKelly

    DanKelly Well-Known Member

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    and so has everyone else now. But it's only Burnsies assumption
     
    #2189
  10. DanKelly

    DanKelly Well-Known Member

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    Well I'll believe that when we have it in black and white
     
    #2190

  11. originallambrettaman

    originallambrettaman Mod Moderator
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    Burnsy's info is all from James Mooney.
     
    #2191
  12. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    Apparently the club is announcing a statement about the state of the sale today? Or did I imagine that?

    Also getting our sponsor announced today. Busy day.

    And Moses. Can't forget him!
     
    #2192
  13. tigercity

    tigercity Well-Known Member

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    £100m up front or no sale

    If you're the seller & you don't need to sell then why agree to installments?

    What we don't know is what the Allams intend to do with their money after Hull City, it's possible they have earmarked a lump sum for a potential new investment
     
    #2193
  14. Obadiah

    Obadiah Well-Known Member

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    Exactly, the only people who know are those involved in the discussions. If it is true I would expect the price to change depending on how much is paid up front, how long the repayments are etc.

    If OLM is right we'll find out in September.
     
    #2194
  15. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    You would agree to installments when you receive a sizeable wedge up front, and then payments equalling more than 100m which will likely compensate for the time value of money.
     
    #2195
  16. DMD

    DMD Eh?
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    It's all just rumours and best guesses.

    That could be read as a bunch of guys that have a whip round and still can't raise all the cash.
     
    #2196
  17. Chilton's Hundreds

    Chilton's Hundreds Well-Known Member

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    What Hull FC are involved in the deal now as well ?
     
    #2197
    tigercity and SydneyTiger14 like this.
  18. Chilton's Hundreds

    Chilton's Hundreds Well-Known Member

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    Well that's reassuring
     
    #2198
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  19. tigerpete

    tigerpete Well-Known Member

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    Isnt the shirt and sponsor next week? The 25th i remember seeing....

    But i could be wrong!!
     
    #2199
  20. ....

    .... Well-Known Member

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    #2200

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