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New owner confirmed…

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

  1. TonyNormansGloves

    TonyNormansGloves Well-Known Member

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    I was yes..

     
    #15541
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  2. howdentiger

    howdentiger Well-Known Member

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    I was just posting exactly the same
     
    #15542
  3. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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  4. Sir Cheshire Ben

    Sir Cheshire Ben Well-Known Member

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    Does that imply the problem may lay at the feet of HCC? Surely the Allams wouldn’t blame them ... would they?
     
    #15544
  5. City Man

    City Man Well-Known Member

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    And for over 5 years of that time the club has officially been for sale.
     
    #15545
  6. Kempton

    Kempton Well-Known Member

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    please log in to view this image
     
    #15546
  7. City Man

    City Man Well-Known Member

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    It will be " we retain a stake in the development of the land should HCC grant planning permission", along with "Master Ehab must retain a 10% stake in the club and remain a director"
     
    #15547
    dennisboothstash likes this.
  8. Barchullona

    Barchullona Well-Known Member

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    I wonder what Terry Geraghty's valued opinion is on this?

    As far as Orchard Park goes think of what they said of Wren and St Paul's Cathedral, if you want to see his memorial just look around you.
     
    #15548
  9. The greengrocer

    The greengrocer Well-Known Member

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    Hopefully they are waiting (the newbies) for confirmation off the council that they’re willing to listen to offers for the land? And as of yet they haven’t received it? Please let this be between these two and not the **** wits?
     
    #15549
    Last edited: Dec 16, 2018
  10. SW3 Chelsea Tiger

    SW3 Chelsea Tiger Well-Known Member

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    Just a guess.... but I think the Allams would want a stake holding in any potential redevelopment in the surrounding land
     
    #15550
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  11. Top_Tiger

    Top_Tiger Well-Known Member

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    If true, then the news is better than all the doom and gloom been muted. Although I will still be outstanded if the Allams are out before the season is out. Sounds to me they want to re-devolp the land something which Allams failed at and they are been stubborn as per. Now the Allams are furstrated and pretended to talk to other fake potential buyers.
     
    #15551
  12. Ron Burguvdy

    Ron Burguvdy Well-Known Member

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    The reason they wanted the club in the first place? New owners a front for their developments ???
     
    #15552
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  13. hullinasia

    hullinasia Active Member

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    Yorkshire post reporting deal was a done and expected to go through but one of the Saudi consortium is a property developer and wanted some assurances about future development of the area
     
    #15553
  14. Kempton

    Kempton Well-Known Member

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    And exactly what a lot of us soon suspected. SAVE THE GREATER CRESTED NEWT!
     
    #15554
    Last edited: Dec 16, 2018
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  15. pcworks

    pcworks Well-Known Member

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    A Saudi owned company is now the landlord of the Hammond's store in the City centre and they want to re-develop the store in partnership with the Council. They have also been very tight-lipped over who the actual owners are. A wonder if they are the linked?
     
    #15555
  16. Hutch_Tiger

    Hutch_Tiger Well-Known Member

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    Who are the Saudi company? Could possibly enlighten us as to who’s interested in us if the two are linked
     
    #15556
  17. City Man

    City Man Well-Known Member

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  18. pcworks

    pcworks Well-Known Member

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    A British listed company RDI REIT PLC sold the House of Fraser store for £11m, the sale information is included in their interim results for 2018, https://www.investegate.co.uk/rdi-r...lts-for-28-february-2018/201804250700090039M/

    I have just done a Land Register search on the property and it is registered off shore in the British Virgin Isles, but the Land register hasn't been updated since 2015, so the new owners have registered the sale, or they have just bought the holding company. You would have to search the British Virgin Islands company register to find out who are the beneficial owners of the company now. Good luck with that search as BVI rules are very lax and you don't have to register the company directors names!


    B: Proprietorship Register
    This register specifies the class of title and
    identifies the owner. It contains any entries that
    affect the right of disposal.
    Title absolute
    1 (13.10.2015) PROPRIETOR: REDEFINE PARAGON SQUARE HULL LIMITED
    (incorporated in British Virgin Islands) of Coastal Building, Wickhams
    Cay II Road Town, Tortola, British Virgin Islands, VG1110 and care of
    2nd Floor, 30 King Charles II Street, London SW1Y 4AE.
    2 (13.10.2015) The price stated to have been paid on 2 October 2015 was
    £17,100,000.
    3 (13.10.2015) A Transfer of the land in this title dated 2 October 2015
    made between (1) Aegon UK Property Fund Limited and (2) Redefine
    Paragon Square Hull Limited contains purchaser's personal covenants.
    ¬NOTE: Copy filed.
    C: Charges Register
     
    #15558
  19. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    The council won't listen to offers for the land. Not a ****ing Chance.
    Well sorry they will listen, pretend they're forward thinking etc etc etc
    And then do **** all.
     
    #15559
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  20. Top_Tiger

    Top_Tiger Well-Known Member

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    Doesn't stop them selling thousands of acres of land for housing....
     
    #15560

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