I don't think anyone really wants to have Cash Converters as our kit sponsor. It's incredibly naff - and considering Hull's reputation nationally a bit of a farce to boot. Plus they, along with all the payday loan lot, are a parasitic industry...might as well get sponsored by an opium warlord.
When you enter a contract with a Championship team, potential promotion/relegation and success/mediocrity are things that you take into account. Part of the reason you may spend is the chance of greatly increased coverage from promotion to the Premier League. It has paid off for Cash Converters, so of course they will take their 3rd year (part of a contract which we aren't quite sure of the finer details). The only way I see Cash Converters not being on our shirts next season, would be if somebody else came along and offered Cash Converters a generous amount of money to take the Sponsorship from them. Though, I imagine Cash Converters value their sponsorship very highly, given that other Premier League clubs may be disinclined to choose such a sponsor.
You get staged payments, but I've no idea how they break down. We've got one new bill already, we need to pay FIFA £15k for the rights to install the goal-line technology we need for next season.
Well wouldn't that make us worse for advertising it! Fact is we took the money (i didn't like it) and offered a 2 year deal with an option of a third. Now they have chosen to take the 3rd year and feel we should honor it
Not that it makes any odds really! But we will soon see, Haven't got a clue how Football business works and i would be bankrupt in a week
It seems no one on here has any idea, and few seem to have any idea on what a contract means! Speaking as someone who understands contract law, it is quite simple: the agreement is what is written! If the contract has a clause that allows the agreement to be renegotiated/voided/option to leave etc. on promotion then we WILL leave it if we get a better offer. Business sense, rather than any loyalty. Same way Cash Convertors would not just walk away if they had the chance! Whether or not they took up the extra year is irrelevant if there is a promotion clause. No one will come out and say at the moment as it would be damaging for one party. CC wil want some exposure from promotion irrespective of any future outcome. HCAFC are not going to make them history and deny them that exposure if there is a clause that they can be dumped for a new sponsor - just out of business etiquette! There may even be a date that the option goes live, and if there is you will just get ambiguous stalling tactics until that time (a bit like what we are getting now - vagueness!) Also, contract are sometimes a little woolly under scrutiny, much like tax law... Might be a case of arguing about the meaning of words. I reckon a sensible club would have inserted a promotion clause and at the very least the board seem to think they have a get out. I'd just wait and see. We may even have signed a sponsor (don't think we will have in reality, but it is a possibilty) and be tied to keeping it secret until the CC deal expires. All complete speculation unless you have the contract in front of you to decipher.
And they have to put replay screens in for every seat in the press box. They have no idea where they screens from the last Prem season went....
In terms of Premier League money what we get from cash converters is tiny I really hope we don't have that on our shirts next season when we get worldwide coverage
Just out of interest...did people know that Cash Converters aren't a two bob outfit....... Cash Converters have over 700 stores in 21 countries around the world. Is listed on the Australian stock exchange. One of the largest most successful franchise businesses in the world. Had a turnover last year of over $234m Australian dollars I agree there is a certain stigma attached locally to the brand, but it aint that bad honestly......
Cash Converter stores in Australia, Belgium, Canada, England, Northern Ireland, Wales, Scotland, France, Italy, Switzerland, Malaysia, Singapore, Thailand, Netherlands, New Zealand, Portugal, South Africa, Spain, United Arab Emirates and the good old US of A. So if we do have Cash Converters as our sponsor next year, people will be familiar with the brand the world over (what they think of the brand is another matter)! Last post on this subject, the Wigan game is getting too exciting now....got 3-2 either way!!!!
So is this what Papa Allam meant when he said in a radio interview Europe next year. And then THE WORLD.
Speaking of Duffen, he was at the game on Saturday. Saw it somewhere on the Newsnow page. Said it was 'an honour to be part of our celebrations' or something like that. Twat.