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New owner confirmed…

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

  1. look_back_in_amber

    look_back_in_amber Well-Known Member

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  2. LeftSaidFred

    LeftSaidFred Well-Known Member

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    Maybe there’s some assumed debt as well?
     
    #30142
  3. nbetiger

    nbetiger Well-Known Member

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    will today be the day its finally announced?
     
    #30143
  4. John Ex Aberdeen now E.R.

    John Ex Aberdeen now E.R. Well-Known Member

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    I think more chance today than yesterday, the first day back always felt it was unlikely to be announced but today or tomorrow is more likely. Fingers crossed, I'm sure he will want it done before the weekend.
     
    #30144
    nbetiger likes this.
  5. Gone For A Walk

    Gone For A Walk Well-Known Member

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    Well, we ARE finally going to be sold within 24 hours.
    The problem all along is that he never said which 24 hours. But, anyway, the 24 hours has finally arrived.
     
    #30145
  6. balkan tiger

    balkan tiger Well-Known Member

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    I think we have moved on to 48 hours now
     
    #30146
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  7. Real ale tiger

    Real ale tiger Well-Known Member

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    Had city gone into administration when the allams bought it.
     
    #30147
  8. SW3 Chelsea Tiger

    SW3 Chelsea Tiger Well-Known Member

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    No. Not that I remember , in obvious trouble but never a formal administration
     
    #30148
    Real ale tiger and nbetiger like this.
  9. Duke Silver

    Duke Silver Well-Known Member

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    Pretty sure that's wrong
     
    #30149
    Real ale tiger likes this.
  10. Tigerite

    Tigerite Well-Known Member

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    No. In fact I'm sure Assem has moaned about that in the past "we could have got it much cheaper in administration" or some such bollocks.
     
    #30150
  11. Real ale tiger

    Real ale tiger Well-Known Member

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    I am been told on facebook that they did. I dont believe it got that far either
     
    #30151
  12. Tigerite

    Tigerite Well-Known Member

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    #30152
    Real ale tiger likes this.
  13. Tigerite

    Tigerite Well-Known Member

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    By the way his quotes in that article make a complete nonsense of his Hull City being a "lousy, common name" considering everyone was talking to him about us. Nothing new there, I know.
     
    #30153
  14. Trumpton Tiger.

    Trumpton Tiger. Well-Known Member

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    No, we were in danger of doing so. Until the Allams stepped in. Although no-one will believe it but this is were 'the gift' myth came in. Assem said it was his gift to the city when he bought us and saved us from administration. .
    No point in opening up that old can of worms again.
    As for the question of will the sale be announced today ? Very much doubt it. There are still some finer details to check over.
     
    #30154
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  15. Gone For A Walk

    Gone For A Walk Well-Known Member

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    So why did you open it?!
    We've had a decade or so of lies and BS from them.
     
    #30155
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  16. SW3 Chelsea Tiger

    SW3 Chelsea Tiger Well-Known Member

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    can you tell us what the finer details are? Can’t be much left to sort if the share transfer has been submitted to the EFL
     
    #30156
  17. willyfog

    willyfog Well-Known Member

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    Finer details :emoticon-0101-sadsm

    It seems like everyone had finally been on the same page and it was by the end of this week. Hopefully not delaying it beyond then
     
    #30157
  18. Trumpton Tiger.

    Trumpton Tiger. Well-Known Member

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    Just take it that everything is being double checked to benefit both parties. Nothing to worry about.
     
    #30158
  19. The Omega Man

    The Omega Man Well-Known Member

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    The club faced a Winding Up Order and would have been placed in Administration if it had be sealed.
    Effectively the clubs debt to HMRC was paid in full by Assem Allam.
    He could have waited until it went into administration and seen the debts written off.
    He saved the club from compulsory points deduction.
    That was the only benefit, football wise. Financially the benefit was that it put him in a prime position and that was an expensive choice, as he didn’t get the benefit of the property development he had hoped for.
    He only was interested only in the development opportunities and not the football club. Hence all of the words about gifts.
     
    #30159
  20. nbetiger

    nbetiger Well-Known Member

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    do you think it will be announced before the end of the week?
     
    #30160
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