Im gonna bump this thread up in about 6 days after the transfer window has closed............. then we can see who is right.
You may be on the money here, Kemps. When I posted the rumour I'd heard that the Allams had 'trousered' £60m (in repayment of the Allamhouse loan/s), I was thinking the same - the value of the Club, post-relegation won't matter if they've recovered a big chunk of their investment. As others have said: we'll know more when the window has shut... ...possibly.
If it was £6 million, that would have been paid to Allamhouse not Hull City. I would say £1.5 million would have paid off Phelan's team. Maybe slightly more to bring in Silva and his team. It may well be small change in Premier League terms but the question is whether we can afford it. The bank loan suggests we can't.
Adam Pearson in his recent interview with Radio Humberside (not sure when but someone posted the link on this board) said the club was well run and worth the asking price, if and its a big if, we stayed in the Premier League. Come May if we avoid relegation we will be worth around £100 million. The Allams could walk away with £30 million profit plus all the interest they have collected over the years. Does anyone really think Ehab would chuck that away just to spite us?
The people on here making excuses for the Allam's asset stripping failing to realise that 3 of the 4 signings we have made so far are loanees. And we have so far sold 2 players therefore making our squad dwindle more and more in numbers and ability. So at the end of the season if we get relegated and all these loan players leave, we are left with barely a squad we can muster together with the likelihood of our few remaining quality players leaving. Silva preforming a miracle and keeping us up is the difference between the Premier League and at least 10 years trying to rebuild our club whilst we sink down the leagues like Leeds, Blackpool, Portsmouth and Sheff Utd. Allam's realising they can't sell and therefore they reduce the loans by asset stripping. Lining their pockets as well and thus the club is much easier to sell in the Championship with debts cleared. I feel like the Allam's see relegation or survival as a win win. Because there is money involved either way. All out of spite because of their failure to buy the stadium and changing the name to Hull Tigers.
The name change idea came from the company name that Adam Pearson set up, Assem Allam bought Hull City Tigers Limited. Incorporated in 2000. Before responding please read my next post!
I did say this several weeks ago but an esteemed Mod said I was talking bollocks and it would never happen...
What utter history-airbrushing nonsense. Even Allam himself has said many times that it was motivated by his fallout with the City Council.
I've been made aware of Silvas contract (and the negotiations) and I can confirm that he was very clear on what he wanted and essentially didn't take any ****. I gather it was 'I want this or no deal' type of thing. Hopefully if he was this firm with his own contract negotiations he also had ideas about signings and so on.
I posted about the sale, to try to show that not everything posted on here is factual. One poster quite rightly challenged it and he was and is right. I deliberately airbrushed the historic fact. My reason for doing so is that it can be easy for posters on a forum to believe what other posters put out without actually checking to see if what was said is correct. Assem Allam bought Hull City Association Football Club (tigers) Limited and in 2013 changed its name to Hull City Tigers Limited. Nothing underhand no lying, he did what he could do and stated his reasons or doing it. From the Sun, it could have been Yorkshire TV, or any media outlet. Allam said: “Hull City is irrelevant. My dislike for the word ’City’ is because it is common. “City is also associated with Leicester, Bristol, Manchester and many other clubs. “I don’t like being like everyone else. I want the club to be special. “It is about identity. City is a lousy identity. Hull City Association Football Club is so long.” Any references to AFC on club branding are to be phased out, although AFC will remain on the shirt crest during their first season back in the Premier League, before being removed from the 2014-15 campaign. Allam added: “In the commercial world, the shorter the name, the better. The more it can spread quickly. “I have always used short names in business. It gives you power in the science in marketing. “The shorter, the more powerful the message. In Tigers, we have a really strong brand.” Allam’s son and vice-chairman Ehab Allam defended the decision to drop AFC from the club’s name after 109 years. He said: “We have dropped the AFC as it is something which has become redundant. “The identity of the club is the Tigers, the stripes, and the colour scheme of amber and black, which remains. “We just feel that, now being on the international stage, we need to strengthen the brand identity. AFC is redundant, it is not used by the club, the fans never mention AFC, nor do the media. We have dropped something that is redundant, that is of no value, and is of no use.” However, Ehab Allam admitted the club could not force people to accept the rebrand. He added: “People have the right to call the club what they like, it’s their club. We are not going to fans and saying they all have to refer to us in the same way. They call it what they like, we will do the same, but it is for commercial reasons that we are choosing this branding.” I do not support his view, but if he is to be attacked, lets not try to make things up and then say he is lying.
My inadvertent part in Omega Man's utterly pointless and ridiculous charade is a matter of personal shame. I'm sorry.
I'd have thought that right now our biggest single asset isn't the players but our EPL Status. As a Premier League club we are apparently worth 100-130 million pounds. How much would we be worth in the Championship? Half that? I think Forest sold for about 50 million. That's what I really can't understand about whats going on. I wouldn't expect them to double down and spend big in this window their involvement is way past that. But I would have expected them to keep the players we had and add to them with loans and nominal signings to give them the best possible chance of avoiding the drop for minimum costs. Even if that meant incurring a few extra million in debts to me that would have been the most prudent way to protect their asset for the minimum risk. Taking 20 or 30m now wouldn't offset the money you'd lose by going down. Especially as they'd still be able to sell them in the Summer if we went down anyway.
What is going on seems to be more in line with the Watford model. Dismantling the UK/Irish backbone and replacing it with a more international base. This allows the Allams to cash in on their home grown assets, which do seem to go for higher prices than imports, and replace them with cheaper foreign players and loans. With MS at the helm this might prove to be more successful, as the team so far this season as struggled to survive in this league. I guess TWT.
I and a few mates were singing a song about Hull City Tigers on Saturday nights in the Corn Exchange pub back in the 50's. It included " There's not a team like Hull City Tigers no not one no not one". Words and tune were copied from a Glasgow Rangers anthem.
I am sorry, but as Alrawdah points out, the post you quote was part of a "utterly pointless and ridiculous charade". I was trying to prove a point.
