If we get relegated what will Mr Allam do?

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Muffinthegoat said:
So, what you're saying is, Assem Allem should get some humility and speak to the Council, for the greater good of everyone.
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Or ideally **** off and let someone else do it.

Even if Allam came to his senses and did as you say, he'd just come up with something else to spoil everything in 6 months time.

Chazz Rheinhold said:
Cant see it myself. The council are hardly breaking down Allams door. Anyone developing the stadium has to put more money in. Who wants a hotel round there? No one. St Stephens is killing Prinny Quay. Another development there would hinder St Stephens.
Nah unless they give it away no one will buy it or the land. Its a non starter.
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And they know that, so they will give it away.
 
PLT said:
Or ideally **** off and let someone else do it.

Even if Allam came to his senses and did as you say, he'd just come up with something else to spoil everything in 6 months time.
And they know that, so they will give it away.
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All of this talk about the KC being given away, makes it sound simple. It isn't and the fact of the matter is that as a development site it lacks infrastructure and as other sites around the city are more viable it is not an attractive proposition.
To make the site viable you would need the retail park to be twice the size of St Sevens and at have at least two hotels. If this project was designed to fund a PL promotion bid fine, flog the development, but to sustain a PL club it's a non starter.

The KC and Walton Street are not the key to future funding.
 
The Omega Man said:
All of this talk about the KC being given away, makes it sound simple. It isn't and the fact of the matter is that as a development site it lacks infrastructure and as other sites around the city are more viable it is not an attractive proposition.
To make the site viable you would need the retail park to be twice the size of St Sevens and at have at least two hotels. If this project was designed to fund a PL promotion bid fine, flog the development, but to sustain a PL club it's a non starter.

The KC and Walton Street are not the key to future funding.
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The KC and Walton Street would be part of funding a Premier League team not all of it. The City Council are not going to give either away because it is illegal. The only alternatives are to sell or to work in partnership with them, which is what they told Assem Allam when they met.
 
neverdullinhull said:
He can afford to walk away and he will receive more money in the way I suggest than if the money is left invested with a club that cannot realistically pay much capital back annually in addition to interest, if charged.
I do hope he does leave the money invested but this would be a philanthropic act on his part as I believe we could only afford small repayments that would take about 50 years
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He CAN NOT walk away without selling the club. Do you really think that Allam had £80+million sitting in a bank somewhere doing **** all. The money he has put in has been sourced using his other businesses as security. If he walks away he risks putting them in the ****.His own personal investment is probably no more than £10 million the rest will be loans secured against his businesses. All this crap he is speaking about walking away in 24 hours if he doesn't get his way with the name change is just hot air to frighten the fans and the FA, same as the **** he talked about moving to a new stadium if the council didn't give him the KC.
 
Obadiah said:
We have little or no external debt. He'll find a buyer. It just depends on how much of his debt he wants to write off and how much the buyer has to put into the club. Any potential buyer will walk up to the Council and get a deal on developing the stadium and the land around it. Financially we have enormous potential.
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I think you will find we will have a huge external debt. Allam has funded Hull City through loans, very little will have come from his personel fortune.
 
Isn't there a possible scenario in which Mr Allam sees staying involved with the club after relegation is just throwing good money (ok more borrowing) after bad? He might prefer a big loss to an absolutely gigantic loss, if he looks into the future and feels the team could easily still be in the Championship after five more seasons.
 
merchantman5 said:
I think you will find we will have a huge external debt. Allam has funded Hull City through loans, very little will have come from his personel fortune.
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They would be his debts, not Hull City's. The club owes money to Allamhouse. Where Allamhouse sourced that money is neither here not there.
 
Boothferry2Wembley said:
Can our glorious leader and benefactor the mighty Allam withdraw his application for the name change at any time of his choosing?
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I'm sure he could. I can't see the FA insisting he carries on if he says I've a better idea for making Hull City self-sufficent.
 
originallambrettaman said:
AA could withdraw the application at any point, I'm sure the FA would be very grateful if he did just that.
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He would break the hearts of 377 osc members if he did, but apart from that it would be well received imo. I was thinking more if he didn't fancy it against the possibility of the mighty tigers getting relegated he might wish to withdraw it.

On the same subject, do you think the FA could come to the conclusion that deferring the decision, (one year as an example) would be a sensible move?

Does anyone think that would be a sensible move on their part?
 
Boothferry2Wembley said:
He would break the hearts of 377 osc members if he did, but apart from that it would be well received imo. I was thinking more if he didn't fancy it against the possibility of the mighty tigers getting relegated he might wish to withdraw it.

On the same subject, do you think the FA could come to the conclusion that deferring the decision, (one year as an example) would be a sensible move?

Does anyone think that would be a sensible move on their part?
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I think that deferring the decision for another year would be bad for all concerned, it would just prolong the agony, but I do think it's a real possibility. I think there's a reasonable chance that the FA will use the lack of fan consultation and the refusal to ballot season ticket holders as a reason to defer a decision.
 
ElTigre-HCAFC said:
Sell all the best players and use all the parachute payments to pay back what the club owe him, or not blink and make a serious effort to get back?

Note: The question doesn't mean I expect City to go down.
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Relegation would not be as bad as the FA turning down the name change. I would not expect anything other than an effort to make the squad stronger and try for a return to the top division in the case of relegation.

I also do not expect the mighty tigers to be relegated.
 
originallambrettaman said:
I think that deferring the decision for another year would be bad for all concerned, it would just prolong the agony, but I do think it's a real possibility. I think there's a reasonable chance that the FA will use the lack of fan consultation and the refusal to ballot season ticket holders as a reason to defer a decision.
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I concur with this^^^^ it would however give AA a face saving opportunity.
 
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