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New owner confirmed…

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

  1. bum_chinned_crab

    bum_chinned_crab Well-Known Member

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    It’s funny because it’s true.
     
    #11061
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  2. TwoWrights

    TwoWrights Well-Known Member

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    I think (a change is as good as a rest) the Allams will eventually sell, as long as the offer they receive is high enough.
    Proof of this can be found in the fact that Ehab cleared his desk, and virtually said goodbye in his programme notes. Perhaps the next lot will pass the F&PPT, or perhaps not and the Allams can trouser another fat non-refundable deposit

    Now for the abridged, and vernacular, version.
    One day they'll frig off!



    The views expressed in my posts are not necessarily mine.
     
    #11062
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  3. dennisboothstash

    dennisboothstash Well-Known Member

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    Corrected for you
     
    #11063
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  4. Chilton's Hundreds

    Chilton's Hundreds Well-Known Member

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    I think laughter is in fact the best medicine in our case.
     
    #11064
  5. AlRawdah

    AlRawdah Well-Known Member

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    Isn’t it the case that City never sign players in late July and early August because that is when the Allam family bugger off to Egypt for a family holiday?

    Given that this summer’s transfer deadline is on 4 August, I suspect the club might simply forget to get around to signing anyone this year and kick off (against Swansea, perhaps?!) with about 15 players again. Something to look forward to.
     
    #11065
  6. Chilton's Hundreds

    Chilton's Hundreds Well-Known Member

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    I'd forgotten about the new earlier deadline. Is it all of Europe of just us ?
     
    #11066
  7. PLT

    PLT Well-Known Member

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    They've had plenty of offers which were high enough, but then they messed the buyers about enough that eventually the plug was pulled.

    And the Dai Yongge deal was thrown out by Allam. The test raised some concerns but the PL/FA never announced that they'd failed it. The Allams were the ones who said the deal was off. There is a bit of a theme here!
     
    #11067
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  8. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    Early deadline is the best news for this board in a long time.
     
    #11068
  9. Mr Hatem

    Mr Hatem Well-Known Member

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    Did anyone tell Ehab?
     
    #11069
  10. dennisboothstash

    dennisboothstash Well-Known Member

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    I genuinely didn’t know that
    Makes much more sense now
     
    #11070

  11. PLT

    PLT Well-Known Member

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    It's been touched upon before. Allam senior was gleefully telling anyone who'd listen at Ron Black's funeral that the deal was off. I think the actual reason given was that the F&PP test was causing delays and he didn't want to mess about. Obviously that's turned out well. But the PL never actually said they'd failed, we just had the Allams' word for it.
     
    #11071
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  12. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    Hmmm
    From the financial Times.

    The prominent Chinese businesspeople behind a proposed takeover of Reading Football Club were previously subject to a Premier League investigation that raised “red flags” over their commercial background.

    Earlier this month the English Football League, the governing body for the country’s lower professional divisions, provisionally cleared the acquisition of Reading by Dai Yongge and sister Hawken Xiu Li.

    Chinese companies have invested in or acquired more than a dozen European football clubs during the past year, including Manchester City, Inter Milan and Aston Villa — a spending spree that followed President Xi Jinping’s call to transform the country into a football superpower.

    The Dai family were also behind a recent bid for Premier League club Hull City. At the time, Mr Dai was quoted in the Daily Mail newspaper saying: “We have a love for the game and we want to learn about European football.”

    Their most high-profile investment is based on transforming unused air-raid shelters in China into shopping malls. The family’s main listed vehicle, Renhe Commercial Holdings, has a record of financial difficulties and related-party transactions that last year led rating agency Standard & Poor’s to describe its corporate governance as “weak”.

    Before the takeover of any club in England’s top tier, the Premier Leagueundertakes an extensive review into a proposed owner’s finances before approving any transaction. According to people briefed on the deliberations over Hull City, Premier League investigators found a series of “red flags” related to the Dai family’s proposed takeover via a consortium.

    In particular, there were concerns that the acquisition involved offshore companies that made it difficult for the Premier League to understand the family’s sources of funding, or whether they had sufficient income to maintain a large football club.

    Hull City and the Dai family abandoned the deal before the investigation was completed. But the findings have been shared with the EFL after the Dais sought to acquire Reading, according to people close to the process.
     
    #11072
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  13. Evington

    Evington Well-Known Member

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    I double 'like' that comment.
     
    #11073
  14. Evington

    Evington Well-Known Member

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    You're a bloody optimist mate. Surely there are teams playing below Fleetwood we can loan players from.
     
    #11074
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  15. Evington

    Evington Well-Known Member

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    Smoke and mirrors
     
    #11075
  16. Chilton's Hundreds

    Chilton's Hundreds Well-Known Member

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    Any ****er will do.

    Sign em up
     
    #11076
  17. originallambrettaman

    originallambrettaman Mod Moderator
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  18. Evington

    Evington Well-Known Member

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    **** OFF Allam
     
    #11078
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  19. PLT

    PLT Well-Known Member

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    Thanks for backing me up.
     
    #11079
  20. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    Read it again it really doesn't.
     
    #11080

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