We were placed under a transfer embargo for failing to pay back the bounce-back loan, Grant McCann could only sign frees and loans as a consequence. Acun paid off that £2m loan a week after taking over and the embargo was lifted. All a matter of public record. The £2m bounce-back loan was clearly nowhere near as big a deal as the debt situation currently. The club was in a managed decline when Ehab left, there was zero investment, attendances were pitiful and he should be nowhere near this football club. FACT.
Would you trade that position to the one we are in today? I was not in agreement with the way the club was being ran at the time but we were being put into shape to attract a buyer, which we did. The club was cheap, no debt, solvent, with a couple of sellable players which kept the asking price down. One average Premier League player costs more than Acun paid for this club. I'd have much sooner we had a thriving club at the time with a waiting list for season tickets but the asking price would have been way higher, obviously. The club was also toxic and not an attractive purchase/gamble if the price had of been higher. That is the real disappointing memory from those days, what could have been........ You obviously have a personal dislike for Ehab Allam but it was their loans which helped fund Bartlett and Duffen to get us into the PL in the first place and the most likely person Acun will be tapping up this time to bale us out will be Ehab. Like it or not. for the record I don't think it will happen again. He doesn't need all the sh!t second time around.
Not even good trolling either. He tries to be like Amin so bad but he loses his cool sometimes and rants. A true master baiter would never do that.
Owing transfer installments also isn't a concern in itself other than from a cash flow perspective. Of course we're still owed significant money from Ipswich and Villa too.
That really surprises me, not sure why they would have paid it all up front. Unless you just mean they're up to date on payments? It would be a huge concern if we have cash flow issues despite receiving 30m+ in cash last season.
It is not unusual for clubs to structure payments in such a way, spreading the cost of new signings, but Hull’s case is made concerning by the fact they have already advanced the fees agreed last summer with Ipswich Town to sign Jacob Greaves and Villa to re-sign Jaden Philogene. Those combined fees, totalling close to £30m, have now been settled.
Apparently, we asked them to settle up the entire fees (not including add-ons) this year as we were that desperate.