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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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    The Allamhouse loan is repayable on demand, it always has been, they can withdraw that money whenever they like (as long as there are enough funds to cover it).

    The club can borrow money against future income, secured against that income, indeed it already has (parachute payments, transfer fees, they're all contracted income).

    The club doesn't need all the income to be cash in the bank to access it, though a couple of recent deals might well have been discounted to make them cash deals.

    All of this is obviously speculation, but it's based on likelihood and opportunity.
     
    #9821
    LeftSaidFred and Fez like this.
  2. originallambrettaman

    originallambrettaman Mod Moderator
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    A Championship club, with little in the way of assets, but with a recent Premier League history and a very low asking price, is still an attractive proposition.
     
    #9822
  3. Hutch-tiger69

    Hutch-tiger69 Well-Known Member

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    The allam apologists on social media are mainly sad middle aged men attention seeking it seems (mid life crisis's)
     
    #9823
  4. ImperialTiger

    ImperialTiger Well-Known Member

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    Repaying the Allamhouse loan with replica kits in lieu of cash?
     
    #9824
  5. tigercity

    tigercity Well-Known Member

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    What would be a reasonable asking price for our club now?
     
    #9825
  6. ImperialTiger

    ImperialTiger Well-Known Member

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    No one can answer that except someone conducting due diligence. Too many unknowns. You can speculate on how much income has come in since the 30 June 2016 accounts but the outgoings are much tougher.

    As ever, whatever someone is willing to pay for it.
     
    #9826
    balkan tiger and Chazz Rheinhold like this.
  7. Fez

    Fez Well-Known Member

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    I think it remiss not to keep in account the influence and business nous of Assem, who is the one of the two who, as the owner, can sell the club.
     
    #9827
  8. ImperialTiger

    ImperialTiger Well-Known Member

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    Legally, Allamhouse is the owner (albeit Assem has control of that company).
     
    #9828
  9. Fez

    Fez Well-Known Member

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    You don't know that or any of the true detail.
     
    #9829
  10. King Curtis

    King Curtis Well-Known Member

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    That Dave bloke was full of it after the Villa game, lauding the Allams for a brilliant masterstroke of bringing Slutsky. Strangely, he's been rather quiet over the last week.
     
    #9830
    Hutch-tiger69 likes this.

  11. Fez

    Fez Well-Known Member

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    I don't think anyone has.
     
    #9831
  12. Fez

    Fez Well-Known Member

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    Who owns Allamhouse? There is only so far spliting hairs achieves anything.
     
    #9832
  13. The B&S Fanclub

    The B&S Fanclub Well-Known Member

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    I came to the conclusion a long time ago, that the more people voice their anger against these two, the more they'll dig their heels in. Might be
    better to bite a few tongues, say jack ****, let them get on with it and just see what happens in both the short and long term. in the hope they sell up.
     
    #9833
    Last edited: Aug 20, 2017
  14. look_back_in_amber

    look_back_in_amber Well-Known Member

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    It's a nice thought but the truth is that they'd be total ****s either way, so personally I'd rather call them out for the ****s that they've proved themselves to be.
     
    #9834
  15. The B&S Fanclub

    The B&S Fanclub Well-Known Member

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    I don't have a problem with that at all. But do wonder if they crave the elixir of publicity.
     
    #9835
  16. look_back_in_amber

    look_back_in_amber Well-Known Member

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    Being ridiculed and disrespected, those are the most painful things for them, so let the ridiculing begin.
     
    #9836
    Evington likes this.
  17. The B&S Fanclub

    The B&S Fanclub Well-Known Member

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    Maybe its about time our shoes came off...
     
    #9837
  18. Newland Tiger

    Newland Tiger Well-Known Member

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    In truth what level of protest has there ever really been ? I think they've had a pretty easy ride
     
    #9838
  19. Fez

    Fez Well-Known Member

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    This is true, IMO, but it doesn't move anything forward unless it is done correctly - and consistently. The whole response to their behavior is lacking in understanding.
     
    #9839
    look_back_in_amber likes this.
  20. Fez

    Fez Well-Known Member

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    Clown ?
     
    #9840

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