New owner confirmed…

and a rotten pear.. for the Allams

 

Isn't that what due diligence is all about? After that caveat emptor rules, no?

 

They are likely to sign a pre-sale agreement, then the potential buyers' legal team will carry out due diligence but after the final act of sale I'm not sure if the EU's cooling off period of 14 days applies to sale of a company?

 

Don't believe it applies to b2b transactions unless explicitly stated in contract.

Can you imagine, after a couple of (losing) games, 'team doesn't work, I want a replacement'.

 

"hope to have a sale by Xmas" is all you need to know.

Like others I will believe it when I see it.

 

What happened to his book?

 

He released it.

 

It's the hope that kills you.

 

It is for me.

I was just thinking what excuse I could use to not go but you’ve just done it for me, nice one

 

Does anybody else feel it's going to be hard to get a ticket for the first home game after the sale.

Lots of people have said they want to welcome new owners and stick 2 fingers up to the Allams

 

I've been saying that for ages, Marv. All this waiting and then when the glorious day comes, sold out sorry...

If that happens, I'll still stand outside the ground taking in the atmosphere.

 

I will buy 2 tickets out of principle / support even if I can’t attend due to work

 

I’ll just use it as an excuse not to go. Couldn’t get a ticket sorry.

 

No.

Hope and expectations will not meet reality.

FACT.

 

Lots may have said that, I expect thousand of empty seats. That though, as the undertaker said when the pallbearers dropped the coffin and the lid came off, "remains to be seen."


The views expressed in my posts are not necessarily mine.

 

To be honest, me too if it's really cold or raining

 

It's around about now when it all goes tits up !!!!

Hull City: Owners Allam family say goodbye to stadium staff as takeover nears

 

And some sour grapes for them both.

 

"The Allam family have overseen Hull's most successful period since taking over, with Premier League football and the team's only FA Cup final appearance."

GTF BBC

They have no inkling of how to 'oversee' success.

They got lucky thanks to the recruitment decisions of others and the expertise of the people who were recruited, all the Allams did was loan money to Hull City at a hefty interest rate..

https://www.bbc.co.uk/sport/football/46052369