New owner confirmed…

HP, though Asda do a mean ketchup.

 

Let’s hope @Howdentiger2’s info is on the money and we can finally get the club moving forward again. Until the official announcement on the clubs website confirming it I won’t hold my breath although promotion, new owners, fans returning and 10 clubs under transfer embargo would make for an exciting season...

 

Yes it would be nice, but why should they just write off huge sums of money? Would you...?

 

Because they’ve made shed loads out of the club, far more than what they are owed and they philanthropists after all.

 

As I said, it would be nice, but we don't live in a fantasy world, in the real world it just isn't going to happen and personally I don't really care if they do or not, just that the club is sold

 

I know it's all been done before .... but ... the fact is they made a massive play in the early days of their ownership about how they were doing it because they wanted to give back to the community that had given them so much, that it was a gift, etc etc. As we know, it was all utter bollox and they were only into it for what they could get out of it.. Had they been true to their word, had they any integrity, then they also would be waiving chunks of what (they claim) they are still owed, or even be giving it away .... or at the very least, they would have been looking these past however many years it is now (?) to pass it on at a fair reasonable price.
But no, they continue to act like utter ****s (in relation to our football club) and care only about themselves.
And breathe .....

 

Hasn't he (Allam) been quoted as saying he'll waive some debt to accommodate a sale,hasn't he said the price of the Club will be independently set? They could pass it on for as little as you like but would that guarantee a trustworthy owner who would then invest to progress us,or would it attract some foreign investor who wouldn't even travel over to take over the reins?

Considering the season we've had(along with every other Club),I'd hardly describe them as acting like 'utter ****s'(when's the last time we actually heard from Allam).We're top of the League and that's down to investment in a decent squad and hardly points to them caring about themselves.

I too look forward to some business being done,would hope that the Club can be sold and we can encourage an investor.

Unlike you,I'll keep an open mind,hope that my hunches come to fruition and hope that yours don't

 

....In your opinion. In mine...... They bought the club when it was in danger of going under because of mis management of the previous owners. I don't recall seeing the queue of other potential buyers at the time. They took the gamble. I was only reading yesterday about Christopher Needler when he used to loan the club money at 4% interest ABOVE the Bank rate, and we still finished up at the bottom of Div 4 bankrupt.
They had plans for the club and the stadium which were put before the council and their plans were not even given the attention of the council leader, only his side kick ( who has since been voted out) never mind a full council meeting or a vote.
Other people will shout me down, obviously knowing more, but if they were only here to rip us all off why would they have any plans for anything ?
They broke the club transfer fee over and over again, delivered Premier League football, twice, an FA Cup Final, Europe, etc.
Hardly acting like 'utter ****s' at the time.
Not everything they did was met by every ones approval, but no owner has ever pleased everyone all of the time.
Things could have been handled better, no disputing that.
Animosity on both sides. They have had a lot stick from the fans but still funded the club during a sustained boycott and a pandemic with little income..
This talk of a 'gift' is rubbish and we all know that. It's a figure of speech.
If they have made a few quid out of their ownership then good luck to them and anyone thinking new owners will come along purely for the love of Hull City is deluded.
They are here to make money, If the club are successful on the back of it then happy days.
We have been successful. In the history of Hull City, massively. compared to the other 110 years.
The hatred and bitterness towards them is getting a bit childish now. Let's move on.
(puts tin hat on)


.

 

Who's writing the pay cheques then ?

 

Did WHU buy him straight from Hereford ?
Were they responsible for his development ?

 

Yes,it's paid into the Club accounts.The owners then have the choice in what they choose to do with it.They've chosen to boost the squad to the level that we are in an automatic promotion spot..I suppose they could've pissed it against a wall?

 

The money is from the sale of Jarrod Bowen. Without that sale, there wouldn't be any money for the players we bought. The next big sale will no doubt be KLP or Greaves and that money, if we're still under the stewardship of the Allams, will be used to run the club. There's nothing coming out of their bank accounts to run the club, it's money generated by the football club.

To be fair, they said they wanted the club to be self sufficient and through player sales it can be. But that doesn't need the Allams to work, you could be in charge and it would chug along.

 

I think the current model, for want of a better word, is exactly what the club are aiming for. You're quite right, this close season, irrespective of what league we end up in, we could lose the likes of Wilks, Greaves and KLP. If its Brentford model as long as they can keep regenerating talent I'd take it... I'm in no rush for Premiership football getting tonked every week, where the division within a league is becoming acute...

 

All the above is positive and in their favour. Their financial management of the club in league 1, and planning for such implications, has kept our heads above water at a time when many clubs are struggling, hugely impacted by covid of course. Establishment of the academy is a positive output, but where's the investment in facilities, it's around about zero!

To counter the above their treatment of fans on occasions, the supporters trust, the proposed club name change and club badge has been appalling. Any business owner (or custodian) should be 100% focused on all stakeholders continually, in this regard their record is abysmal.

I for one will be glad when they are gone, shame we should be celebrating a strong and lasting legacy at some point when they eventually leave!

 

Agree with the above. Without income how are they supposed to run the club ? If they lend the club money everyone is jumping up and down accusing them of ripping the club off.
Probably the same people who wont buy a season ticket or even pay a tenner for a live stream.
But they expect the Allams to pour money in with no return ?

 

I'd like a stable Championship Club as I prefer the competitiveness at that level.The odd trip into 'paradise' wouldn't go a miss,once in a blue moon,but the minute you try to compete and bring in the mercanaries,the wage bill rockets and drags the Club down.

 

Don't disagree, something between a Burnley and Norwich in terms of sensible investment, achievement on the pitch whilst not mortgaging the crown jewels (if we have any)