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New owner confirmed…

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

  1. DMD

    DMD Eh? Forum Moderator

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    Prove it.
     
    #5561
    PattyNchips2 likes this.
  2. tigercity

    tigercity Well-Known Member

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    whilst you're there, can you also look up Clown Shoe Mong? if he exists tell him to put an offer in for the club, he'd at least be a step up from the current circus acts..

    Love from Europe
     
    #5562
    PLT and Kempton like this.
  3. Real ale tiger

    Real ale tiger Well-Known Member

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    Don't buyers borrow the money to buy the club aka the glaziers.why would they put their own money in.these people are in it to make even more money.its the way it is.
     
    #5563
  4. augustatiger

    augustatiger Well-Known Member

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    I think you are the winner for not posting immediately after this one
     
    #5564
  5. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    The only FACT in all this is the Allams would have sold if the Chinese hadnt ballsed up the fit n proper person.

    IF, big if, there are more bidders then the price may go up. But at what point do we become less attractive to any buyer? If we keep plummeting down the table are we still a worthwhile proposition if nailed on for a return to the Championship?
     
    #5565
    The Omega Man likes this.
  6. Red top reader

    Red top reader Well-Known Member

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    Too easy !!!!
     
    #5566

  7. balkan tiger

    balkan tiger Well-Known Member

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    It all depends on the price. Which is why we will not be sold to anyone any time soon. This whole season will be with the same clowns in charge. But what would I know i'm like a Japanese soldier living in a cave not believing the war is over <laugh>
     
    #5567
  8. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    Easy Tojo
     
    #5568
    balkan tiger likes this.
  9. Party Hull!

    Party Hull! Well-Known Member

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    I can't see a takeover happening anymore, at least not this season. It just seems to have died on its arse completely, and square one again seems a hell of a long way back after seemingly being so close.

    My hope has been more or less extinguished, barring a surprise out of the blue when least expected. Gotta keep truckin' on with all life's business, check in once a month or so with one eye squinted in vain hope. That's my plan.
     
    #5569
  10. Dills double deckers

    Dills double deckers Well-Known Member

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    When the Chinese group lost the 6 million deposit who got the cash?
     
    #5570
  11. Edelman

    Edelman Well-Known Member

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    Ehab !!
     
    #5571
    Dills double deckers likes this.
  12. dennisboothstash

    dennisboothstash Well-Known Member

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    Who do you think ?!
    You'd be correct

    Nice work if you can get it
     
    #5572
    Dills double deckers and PLT like this.
  13. Mr. Shoes

    Mr. Shoes Well-Known Member

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    When will people realise that the price of the club isn't based on our league position... it's based on potential and the last few years of performance.
    Many companies trade on several times their profit margin and some tech companies trade on share prices that are optimistic when you factor in they are making a loss year on year.

    You DO NOT buy a club like ours based on where we stand this week.


    And it isn't a two week process to close a deal. It's a long , legal slog full of negotiation.

    When the Chinese were knocked back I pointed out repeatedly that it wasn't just changing the names on paper and resubmitting to the FA. If it was, we'd be sold.

    This whole thing is about more than just an offer to buy, and it involves liquidity (factor in source of funds and money laundering or asset movement) debt arrangements, due diligence, nationality (some places are just a bit more of an issue for out government, and yes I was berated for suggesting this previously and ridiculed as someone who was reading too many spy novels), and the ambition to pay the asking price.

    I'm fed up of people who think the owners have an obligation to sell, and who think they are being greedy and asking too much. I've not seen anyone on here post anything that shows the remotest idea of what this is all about. Being star struck and won over by grand ideas and fancy name bidders is just the equivalent voting for someone who looks good.

    This is a nationally important sale, crucial to the economic and social wellbeing of the UK and it isn't going to be a calk walk. Yes, I'm impatient like most and want news, but I am fed up of some of the ill conceived assumptions and rants on here that are founded in total speculation. Most of the people who have knowledge can't speak, and most who are speaking are simply guessing and packaging it as fact.

    Right, bed time, before I say what I really think. How many nationally critical businesses get flogged in a month? Don't doubt it, football is global and this makes any deal a big issue that goes beyond agreeing a price. Statements like we won't be sold until the next transfer window shuts are ignorant... as are posts saying x million is madness. It's just the equalvelnt of sitting on your couch, wathchng the news, and saying you'd run the country better.

    Anyone interested in the club can afford to pay a lot of experts a lot of money to get a lot of informed opinion to make their own mind up what's best. So i prefer to trust action, rather than words.
     
    #5573
    Last edited: Oct 5, 2016
    Happy Tiger likes this.
  14. dennisboothstash

    dennisboothstash Well-Known Member

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    Don't come on here with your reasonable points
    I want them to **** off
     
    #5574
  15. ImperialTiger

    ImperialTiger Well-Known Member

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    I don't think past performance comes into it so much with a football club as it does with most businesses. There's little goodwill in the staff/management because turnover is high. Potential future cash flows will be more important.
     
    #5575
    PLT likes this.
  16. Mr. Shoes

    Mr. Shoes Well-Known Member

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    An buyer isn't paying for immediate return. They are paying for the next decade of potential.
     
    #5576
  17. ImperialTiger

    ImperialTiger Well-Known Member

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    That's what I said. I think the last few years of performance is less relevant. I don't think it would make too much difference if a club spent 5 years yo-yoing or in the championship or rising from the conference. It's such a different business at the top level that you are primarily buying your seat at the big table.

    Then it's down to management. You might get lucky and have the management in place but most clubs will need investment.
     
    #5577
    PLT likes this.
  18. swftiger

    swftiger Well-Known Member

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    Please explain why the future of the UK is dependent on this sale? Not even the Northern Powerhouse is.
     
    #5578
  19. Mr. Shoes

    Mr. Shoes Well-Known Member

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    Football is a critical part of our economy.
    The PL is a massive deal. Anyone who owns a club in the PL has a duty that transcends the scale of the purchase. Hence the Fit and proper test. Money doesn't always talk.

    And don't be so ****ing pedantic as too try and sunbvert my sentiment by being anally literal.
     
    #5579
    Happy Tiger likes this.
  20. swftiger

    swftiger Well-Known Member

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    What drivel You state that the future of the economic future of the country is dependent on the sale of Hull City. WOW. Sunbert? Too ? I may be "anally" illiterate but at least I have something between my ears.
     
    #5580
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