We could simply start with the rejection of the application to change the name of the club !! How often is the name Hull City now used on any official club communications etc....in fact how many times does it appear in the membership scheme application document ?
No I've used everything I've gathered about how the Allams behave to come to my conclusions. They will sell the club when they are certain they will get their money back. I've come to the conclusion from what OLM has said that the American bid is a bit of a joke. To conclude that this is the fault of the Allams would require access to the information I provided in response to your original question.
Have a read of what I've actually said there and what you claimed I said. Your accusation was completely untrue.
http://www.not606.com/threads/hcst-away-supporters’-initiative-fund-where’s-the-money-gone.295795/page-21#post-7859057 Seems pretty clear to me (unlesss you're arguing they're not crap) . I posted a link to the start of your comments on the earlier reply, just to give it more context, so I'll post to the direct quote. Instead of being defensive and digging a bigger hole, you'd be better moving on and considering the point that it's better to focus on specifics and find ways of resolving the problems, rather than just trying to blame everything on the Allams, and offering no way of resolving it.
How much did the Americans offer for Superstadium Holdings Limited? Why where they shocked when they were told the agreed bid didn't include it and if they wanted to buy it an extra £6 million was required? Surely they offered to buy the shares of Superstadium Holdings Limited and specified how much per share they were prepared to pay. Its fairly standard practice when buying a company.
To me it means either you have no idea of the answers or are deliberately avoiding them. As they've walked away it doesn't matter. I'd say we've dodged a bullet.
The deal was most likely a price for all the debts, assets, and shares etc. in total. I don't think it's a big deal to ask for more for a separate business, unless they had explicitly included it in any previous discussion. So... It's impossible to know what went off, or who to blame. Any side of the story will be framed to suit that perspective and we are feeding off the scraps. It's pointless discussing it further as it's speculation on top of speculation based on a fact. It didn't happen. Move on?
Its another one of those, i'm really sorry to say this but why are you constantly defending the Allams now? Your giving every on a hard time for speculating what has gone on and yet you feel that we have dodged a bullet with the potential buyers, what are you basing that on? and anyway they will be back in september won't they? Going for me tea be back soon.
Given the individuals involved in advising the American consortium, I think it's pretty unlikely that they simply forgot to check that the SMC was included in the deal until the last minute. So assuming their version of events is correct (at present we've nothing else to go on and it hasn't been denied by the other party) the price went up for the whole shebang at the last minute and it blew up in Assem's face. Whether or not that is the outcome he wanted is open to debate. Seems unlikely.
Fed up with every poster thinking they know best. It's dull. You just don't know, so this postulating is tiresome.
Because its not about the Allams. Its about the future of Hull City and the lessons of its past. For me it comes down to how much money have the potential owners got, how much debt are we going to be left with, how much external debt will the purchasers raise to buy the club, how much of the TV money will have to go on financing and repaying debt rather than players. Bartlett didn't have the money when he bought us and look where we ended up. The bits that have leaked out are not encouraging. They will pay so much up front and the rest later. No details of the split. They didn't seem to know Hull City Tigers Limited and the SMC were two separate companies and that they'd have to buy both. It doesn't sound like the actions of high powered wealthy businessmen to me. Finally I don't believe anyone must be better than the Allams because it isn't true.
If you think they don't know how we were corporately structured, you are misguided. No one does due diligence and misses the obvious. That's not a fact that would have slipped past a trainee lawyer! The rest I agree with... We don't know the specifics of he bid so we can't apportion blame beyond what makes us feel better.
Forgetting simply the financials, as I don't believe there was any issue with these, the Americans planned to immediately start a dialogue with the fans and reverse all the things that had alienated them over recent seasons. That would seem a fairly obvious thing to do, but it's self-evidently not obvious to the current incumbents.
Representatives of Premier League supporters, including one from each top flight club, under the auspices of the Football Supporters' Federation today met with Premier League chief executive Richard Scudamore. Following the government's Expert Working Group (EWG) on Fan Engagement and Supporter Ownership, the football authorities committed to structured dialogue with fans and this was the first national meeting in that ongoing process. The discussion covered the aforementioned EWG, ticket prices, the implications of TV on fixture changes, safe standing, the Independent Football Ombudsman, Premier League teams in the English Football League Trophy and the prospect of clubs paying the Living Wage. More detailed notes on those discussions will be made available shortly including, crucially, follow up actions. Dialogue between fans and the authorities is important but it means little unless the resulting ideas are full explored, or commitments delivered. The Premier League has committed to bi-annual meetings with all club representatives present, and between those sessions sub-groups will be organised to look at issues in greater detail, and they will engage with the appropriate Premier League officials during that time. This was a positive first step in what we hope will be a long-term commitment to dialogue between fan groups and the authorities that delivers results for match-going supporters http://www.fsf.org.uk/latest-news/v...ogue-with-premier-league#sthash.Ei586Zqb.dpuf
OLM, whatever their saintly plans, they couldn't afford the asking [edit for the pedantic: didn't want to pay] So who cares. It's easy to promise, however genuine... It's all academic what they wanted to do. Even if absolutely genuine. And it still isn't an entitlement to buy the club. Just because they were potentially good owners isn't enough. The abuse given out for the failure to bite their hand off is a bit misguided. If their offer was that good, as in really good, we'd not be in this position.
