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New owner confirmed…

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

  1. originallambrettaman

    originallambrettaman Mod Moderator
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    They're trying to raise £40m to build the new Venue, it would go straight into that.
     
    #3621
  2. Ron Burguvdy

    Ron Burguvdy Well-Known Member

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    If they do sell it they should give the money back to the local telephone contracted users from the time :)
     
    #3622
    TIGERSCAVE and dennisboothstash like this.
  3. Hutch-tiger69

    Hutch-tiger69 Well-Known Member

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    Trying to raise , now theres an interesting bit of info for the new owners
     
    #3623
  4. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    Agreed.
    Set me up for life those shares. :emoticon-0140-rofl:
     
    #3624
    Ron Burguvdy likes this.
  5. cheshirecat

    cheshirecat Member

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    Ah ok , not being there I'm not up to speed . Well that would be a pretty good trade-off , then : one venue for another , and good in the sense that weren't there a fair few non-sports fans bemoaning that they got no benefit from the KC ?
     
    #3625
  6. citycityhull

    citycityhull Well-Known Member

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    Maybe the council are very smart for once, they "sell" for £1 with £15-20m to be invested in community projects. Council then potentially have a win/win:
    - government can't take any of the cash unless they want % of £1 (£15m may make them figure out a way to claw some of it to Westminster)
    - council can wipe of any expenses they incur running/owning the KC, they can then feed this back to public purse
    - community projects can include anything, these can be low maintenance and low cost, or leased to others to run
     
    #3626
  7. citycityhull

    citycityhull Well-Known Member

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    Don't know if it's been mentioned earlier and can't be bothered to trawl through, but yesterday A Jarvis, the guy who maybe brokering the deal tweeted a couple of interesting things yesterday
    first that it was an important day for Hull City, and secondly that it was a great result.

    Doubt he would be that interested if he didn't have an involvement. Also said Earley in week he had an army of accountants and lawyers working on a deal... things are looking more likely
     
    #3627
  8. Tiger40

    Tiger40 Member

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    My thought exactly when I saw them
     
    #3628
  9. dennisboothstash

    dennisboothstash Well-Known Member

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    Also said that he might well be at the City v Man U game
     
    #3629
  10. tigerrev

    tigerrev Well-Known Member

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    Council are desperate to raise money which is why they have gone to the HDM with their idea of selling the stadium
     
    #3630

  11. Leon T Trout AFC

    Leon T Trout AFC Well-Known Member

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    Brady has repeatedly pledged that selling the stadium should be put to a referendum - which, I believe, means well, but is expensive, time consuming and frankly stupid to place such a decision in the hands of the Hull electorate.

    If this was the case, what would the public base their decision on? Who would sell either side? What would people vote on? The benefits to a football club? Race/ mistrust of foreigners? Conserving Hull Fair?

    Personally, I think he's ****ed up by stating the referendum idea as, if he doesn't do this now, he's going to lose a lot of face.
     
    #3631
  12. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    Aye a stupid thing to say. Par for the course really.
     
    #3632
  13. balkan tiger

    balkan tiger Well-Known Member

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    Presuming those commenting in the HDM are the same ones who would be voting, it doesn't bode well.
     
    #3633
  14. DMD

    DMD Eh?
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    Aye, funny old game is politics.
     
    #3634
  15. dennisboothstash

    dennisboothstash Well-Known Member

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    Why does anyone think the Council should sell to any owners?

    What would be the benefit?

    And how do you think things would be playing out now if the Allams owned the stadium?
     
    #3635
  16. Obadiah

    Obadiah Well-Known Member

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    The Council shouldn't sell.

    There would be no benefit other than allowing them to mortgage the asset.

    Having a reasonable lease and the joint development of the area should be beneficial to both Hull City's owners and the City Council.

    If the Allams had gotten hold of the stadium we'd have had different owners a long time ago. Two potential sales fell through because the Allams didn't own the freehold.
     
    #3636
  17. dennisboothstash

    dennisboothstash Well-Known Member

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    I certainly agree they shouldn't sell it

    I'm not sure where we would be if they had sold it to the Allams. It's possible they wouldn't have even wanted to change the name?! Strange thought
     
    #3637
  18. Leon T Trout AFC

    Leon T Trout AFC Well-Known Member

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    Fell through? Perhaps I'm naive regarding such matters but surely this information would have been known by any serious bidder at point one.
     
    #3638
  19. Obadiah

    Obadiah Well-Known Member

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    Unless the offers took place before the Allams met with Geraghty and there was a chance the freehold was going to be transferred to the SMC. In which case the deals would have fallen through when the Council said no.
     
    #3639
  20. Leon T Trout AFC

    Leon T Trout AFC Well-Known Member

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    You seemed to type with certainty that two sales 'fell through'.

    Now you seem uncertain.

    Seems unlikely, to me, that the Allams were courting sales prior to meeting with TG, but you're the one who knows about two sales falling through.
     
    #3640

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