Not really, but I’m quite happy to take on the role of your arse’s agent I’ll tout your arse round as extensively as possible and if, between us, we find a taker I’ll only take a 10% fee **I’ll take you liking this post as a contract
Wherever it came from, I'm calling that figure wishful thinking - a push for the PL from an on its arse Championship team looks a poor value investment to me. Time will tell though - feel free to quote this post to me should your outlook prove correct
And another unscrupulous agent turns the head of a naive young thing with fancy offers of fast cars, penthouses and loads of cash. In the end kemps will be in the top floor of Cambridge st flats, a mobility scooter with a rubber ring and disability benefit his only possessions. Utter disgrace Dennis, no shame. How could you do it to kempton.
Its possible but not likely. Any potential buyer would have to pay £30 million to clear the debt and then find the players to replace Bowen, Grosicki, Henriksen (possibly) and the players whose contracts haven't been renewed. The Allams spent the best part of £30 million funding Bruce's first promotion. With the massive increase in Premier League monies the cost could be far higher. If a potential buyer had over £60 million to spend there are far better clubs (some of them in League 1) to buy. The one advantage we currently have is the FFP profits but that will almost certainly disappear over the next three years.
I think the FFP thing is a huge point we have over most other clubs in our league, as you say though that will start to drift away over the next few seasons. All new owners will want their own players/team and to out their own stamp on things and to show they will spend money.
You think there the only ones who are close to it.? How about villa, Stoke, derby, Middlesbrough for example. I think it's a huge selling point for us and probably the only one we have
So., City doesn't have value. Bollocks. These owners are stupid. Bollocks. Their accountants and advisors are without credibility. Bollocks. How do YOU determine the value of something? We're an investment for them, they will at least realise that. (or have they, just about? ) Still they are underestimated, with the same folk pretending to know the score.
In the past few seasons, we’ve had a massive income, but spent **** all, so as far as FFP is concerned, we’re in a better position than any other Championship club. There’s far more chance of us being sold at £25m, than there is at £50m, even if we flog a few players. Fingers crossed.
City have a value. Its just not £50 million. I think the owners are stupid. After an income of close to half a billion pounds they are owed more than when they bought the club and our assets haven't significantly improved. Their accountants and advisors have credibility. Hull City is valued at what somebody will pay for it. The Allams have wanted to sell for at least 3 years and they've failed. As the parachute payments end the value of the club falls. If we get rid of our best players the value falls even further. Assem Allam could sell tomorrow for a lot less than he is owed. He may even breakeven if you add in the interest payments and the tax allowances transferred and write off most of the debt. He has said he won't do that and that'll sell for £1 plus the payment of the debt. I believe him. I don't know the score. I just look at what we have after £600 million's worth of spending and think only an idiot can spend that much and have nothing but a few memories to show for it.
You think Assem Allam is prepared to write off any of the debt? I don't think the last line is silly at all. That's how much they've spent and we'll see what team we have next season. Significantly worse than the one Allam inherited in my opinion. For a fraction of the £15 million they got in loan repayments we could have had a couple more experienced central defenders and been in the play-off places now. If he didn't want to have them on the wage bill he could have got them on loan.
For the Allams to go in the immediate future will need a buyer who's creative, pays a realistic price (c£25-30m?) based on due dil and todays valuation, and allows the Allams to retain a minority stake with a buy out clause based on future financial performance for the new owners and which also potentially provides the Alams with further funds in the future, i.e. existing player sales as an example. If the Allams play hard ball as they are appearing to do, then we are stuck with them, nobody with an ounce of common sense and business acumen is going to pay substantially over the odds
