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Discussion in 'Hull City' started by Darylhull, Jun 15, 2021.
No, we really can't!
And the fact that 7+ years later and were still not sold means we are not that attractive to buy. It's not a question of them not wanting to sell, Its a matter of the debt that the Allams still want repaying to them. They started with £30+mill of debt and the figures are roughly the same (club and smc) in spite of all the money from 2 further PL promotions, and no assets to show for it.
There are better options if you were looking to buy a football club (must be mad) everything has a price and our owners appear to be wanting too much for ours.
We obviously aren't an attractive buy - no-one has come close to buying us since 2014, if we were such an attractive buy wouldn't someone would have bought us instead of one of the numerous other 'less attractive' clubs that have been sold in that time. Shirley?
Not sure about the figures but we do have a far more comprehensive youth system (even if we don’t actually own most of the hardware) and incomparably improved training and physio facilities.
To have invested in the squad the way we did, improve our infrastructure to the extent that we have, and go full circle to land back where we started isn’t bad. Many clubs end up worse off for promotion to the premier league than had they never been promoted at all.
Not that that is any defence of the Allams or there tenure, which has been a complete and utter catastrophe all things considered. But a new owner will be taking on a much better prospect than they did.
Whether or not you or I think we're an attractive proposition. Someone with deep pockets and good intent is the one who mattters.
Theres have been significant failings in supporter relations, they have made really good decisions and made really bad ones.
A title against the odds, an FA Cup final, 2 premier league promotions is hardly a disaster on the pitch.
If we are an attractive proposition, the sellers aren't doing a very good job.
Could they do more to sell us... Almost certainly, but it still doesn't change the fact if you look at the club as a football and business prospect and forget who's in charge and if they actually want to sell or not, we are an extremely good and almost unique buy/investment and a much better one for the new owners then the day the allams took over.
In which case we are WAY overpriced.
What price are we up for sale at?
No idea, and probably no one else has either, but if it's a great product and its not selling then its overpriced, simples. That or no buyer trusts the seller.
Just a reminder chaps.
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There are a lot of 'small boys' in the area who were priced out of having that opportunity.
I completely agree, in the past we have been way over priced, but I honestly don't know the figure ATM, the ones I've heard seem reasonable ( to me anyway ) and it is apparently the approx figures quoted to the recent interested parties, but neither of those parties as of yet have been able to show proof of funds. So just as potential buyers can't buy if the price is to high, the allams can't sell if the people trying to buy can't/won't prove they have the funds and it's not the first time it's happened.
I'll say again, I think it's best if the Allams move on, but for that to happen we have to have willing and able parties on both sides.
You have to agree a purchase price before you worry about showing proof of funds.
Your right, you definitely need some sort of agreement, the recent ones that have been mentioned in the media etc have been happy with and agreed the quoted price by all accounts, but have yet to provide proof, unless this has changed recently.
The willingness is there to sell now with a much more realistic price imo, but it's still not going to be straight forward one with the Allams, the current financial world we live in and people who like the idea of owning football clubs but not the funds to do it all mixed together