Correct me if I am wrong here but I have looked at the interview that the Allam's gave and Assam Allam stated (and re-iterated) that should the FA refuse to agree to his request for Hull City to be known as Hull Tigers then the Club would be put up for sale 24 hours after the decision. The final decision will be made next month so the Club will be put up for sale. There will obviously be no further investment in the Club by the Allam's. Will Mr Allam include the 80 million (?) he has invested in the Club in his asking price or is he entitled to take that money (or part of it) out of the revenue Hull City will receive at the end of this season? This would I assume then reduce the asking price considerably. Will there be a buyer? My opinion is that there are better options than Hull City who have a small ground (not owned by the Club) and a small fan base (compared to others). We could finish in the **** here!
Are there better options? What teams are for sale that would be better options than us? There is a good chance we stay up, and are in the Europa League next season. We would have the pieces in place to do well again next season, one or two more additions could easily see us stay up again. Why buy a club that is in the Championship and try to get them up to the PL, in Europe and beyond when we would already be there and be for sale? Over the last couple years there has been plenty of interest in Americans wanting to buy PL clubs (i am sure there are other nationalities as well). I can think of Mark Cuban, that detroit owner, and I know there have been others. I have even heard some looney thing that the WWE owner is going to buy Newcastle. Anyway I wouldnt really take the definitive argument that we would not be a club that would be desirable to a buyer.
It depends what the buyer is looking for and we haven't got much. I couldn't see someone renting a house and spending a fortune on it or buying a football club with little or no assets. The Allam's were hoping for overseas sponsorship but that isn't going to happen now and there was no "Plan B" so I honestly do not know what is going to happen. Young Allam stated there was a good chance of being in the black at seasons end but recently is quoted as saying that we would show a loss of 11 million. Confusing.
AA said he would sell the club in 24 hours, but he also said he'd move us to Melton if the council didn't let him have the stadium, so I wouldn't assume it will actually happen. Ehab also said that they would challenge the FA decision, so it doesn't look like he's planning to walk. As things currently stand, it's been rejected, the full FA Council will ratify the decision of the membership committee on April 9th, as it's really just a rubber stamping. The club currently owes the Allam's £90m, far more than the club is worth and if that debt is to be reduced over time, then we need to remain successful in the Premier League. We're spending the money as it comes in, we have massive wage and fee committments ongoing, so there's no lump of cash that can be withdrawn and cashing in on players now would be more costly in the long term. He's been backing himself into a corner for months now, he might use a rejection by fan vote as an excuse to bin the idea, he might let Ehab take the front seat, we really don't know yet.
The club that was bought and had the most money spent on them in recent years also play in a council owned stadium. AA said we'd lose another £11m in the current year, back when we met him last year, but our current FA Cup run and a finish anywhere near mid table would easy see that defecit wiped out.
Accept the decision gracefully and find other ways to take the club forward. If they can not accept then sell the club and **** off.
Ehab has already said that he put a figure on the potential investment is his FA submission, but as with most of the people on here, they simply didn't buy it. There was no reason to hold anything back, the FA meetings were subject to complete confidentiality, so anything could have been disclosed in the first meeting. I have no doubt that Allam's had been informed of this decision before the weekend, hence the interview, but as PLT has said, we were aware of this poll a couple of weeks ago and I don't think they knew then. As far as we know, the rejection was based on them failing to prove that a name change was necessary, there has not yet been any mention of a lack of consultation with the fans. I've no doubt that they would rather have seen fan consultation, but it seems a little late to worry about it now.
We have one of the lowest footfall spends in the Premier League continuing a tradition that started in the championship. We fail to market ourselves properly in East Yorkshire. His fall out with the council means we are stuck in a stadium of 25,000. Newcastle United had over 10,000 enquiries for tickets we sold them under 3,000. All money lost to both the City and the club. In our most important game for over 40 years we didn't sell out. The attendance would have been worse if not for those Sunderland supporters buying tickets in the home ends. Sponsorship. Where is it? We got promoted at the Cardiff City match why has there been no real substantial change in the number of major advertisers at the ground? We have a success story to sell we should be doing better. In the past few weeks we've been told it will take 5 years before the money comes rolling in from the change of name. Yet the sponsorship deals we have in place for next season are not connected to the change of name and are dependent upon Premier League survival. Sponsors want success on the pitch. Our FA Cup run and our results in the Premier League are the reason for the interest in Hull City. Not excitement over a potential name change. Last season our income increased by only £35,000. We got automatic promotion and our income went up by only £35,000. I think that tells us a lot about how much money we could generate if we set our minds to it.
You keep repeating this, but it's simply untrue. Obviously there are some supporters of CTWD who think the owners have gone to far and would rather see them gone, but that was never the position of CTWD. In the face of extreme provocation, CTWD have always remained respectful and supportive of our owners. You keep pointing to the supporters trust idea as an indication of an ulterior motive for this devious bunch of City fans, but it's a nonsense. Every club should have an active supporters trust and if the members of CTWD want to merge with the members of the Tigers Co-Op, to form that new trust, then it should happen. It won't be called CTWD, as that is simply an anti-name change campaign group and once the name change is put to bed, two thirds of the campaign committee will step down, as that was all they signed up for. There is no ulterior motive for the twenty or so volunteers who have fought this campaign, a campaign I have been proud to be a part of and your constant insults aimed at them were completely unjustified.
Happy I have just listed to Rick Skelton on RH. No doubt someone who will come under attack from you. He came across as articulate, sensible and dignified and without any malice. He did not call for the Allams to go or anything like that. Have a listen. He is just straightforward unlike any interview with the Allams.
Maybe I missed the knowledge bus here, But wasn't the CTWD group as part of the campaign going to help advise suggest revenue avenues and show that we can raise money without the name change to the Allams? My question is, now most likely the name change is rejected, does this promise of effort stop before it starts ? reading this forum I get the impression its "we won, end off, will the last one out please turn off the lights"
Looking at that list there doesn't appear to be one company that would benefit from sponsoring a PL football team, in the £120 billion range that is. So I would suggest that the Allams are talking bollocks again.
When we met with AA in November, we offered to work with him to look at other ways of raising the revenue required, rather than him going through with the name change. He said he would meet with us again to discuss things further, but the following week decided he didn't like us(I think he was expecting us to turn up for work at the KC on the Monday morning and was disappointed when we didn't). Once the dust has settled and we know exactly where we are, we would be happy to meet again to discuss things, probably with Ehab rather than AA.
We met with TigerAir last year, but they're currently losing money hand over fist, I doubt sponsoring a football team is very high up on their agenda at the moment.
