New owner confirmed…

[originallambrettaman]

Which bit?

The other guess would be that some heads of terms were agreed with the Chinese around the time of the sky story as realisation dawned they'd twatted the colonials around on the odd occasion too many.

They clearly want out and will be dealing with the club on a cost-neutral basis until they offload.

They seem to be struggling with deals more than originally anticipated due to the complete lack of stability at the top, dirth of effective communication and the negative coverage this will inevitably attract.

Despite their apparent shortcomings I can't believe Allamhouse would deliberately and systematically devalue their own asset, simply to spite a the club's supporters and intransigent local media and governmental institutions.

If there are no heads of terms presently agreed and books aren't currently open, then a september transaction seems very optimistic indeed relative to a deal of this size....

I hope they know what they're doing. Unnervingly I'm less sure they do than I should be.

Twice a deal was agreed with the Americans, twice it was reneged on and eventually they were indeed twatted around once too often and walked. The Chinese offer was initially dismissed as it was a significantly lower than the American one. I suspect that with things that have happened since, they're probably happy to now accept a lower offer.

I'm not sure why you'd be surprised at them devaluing their own asset, they've been doing exactly that for three years...

You're assuming that a deal hasn't already been agreed and that due diligence isn't already being done, but if the expected sale date is correct, then they obviously have.

 

[willyfog]

Twice a deal was agreed with the Americans, twice it was reneged on and eventually they were indeed twatted around once too often and walked. The Chinese offer was initially dismissed as it was a significantly lower than the American one. I suspect that with things that have happened since, they're probably happy to now accept a lower offer.

I'm not sure why you'd be surprised at them devaluing their own asset, they've been doing exactly that for three years...

You're assuming that a deal hasn't already been agreed and that due diligence isn't already being done, but if the expected sale date is correct, then they obviously have.

I just can't get my head around the 1st September date. If you are investing near on £100million you would want control of the club before the transfer deadline.

We might get to the January window already sunk and they would see their purchase easily lose £40million in value without being able to do anything about it.

Is this a final Allam parting shot?

 

[Party Hull!]

I call a **** a **** & a prick a prick. Call it as I see it. You go for the patronising pseudo-intelligent approach along with abuse. It doesn't work, you're a thick ****.

Have you got the reasoning as to why the name change would have been good for the club? You've even defended kids & oldies getting charged more under the new membership scheme. A proper ****.

A measure of the man

"Bastards, Bum chums, limp dick, you sponging tosser, Gobshite, dickhead, Give you time to bugger your "lad," Not bad abuse wise,. You're a hypocrite as well as a **** & a prick.

These posts of your just about sum you up.

"Much Ado About Nothing. I go with my Brother. This will save us a significant amount of money. Which is good. Don't see why we should be subsidising other peoples kids.Don't care where we sit (Ha!) as long as we have a decent view. We go to watch Hull City play football, and hopefully win, not to join a choir or listen to some drunken half-wit telling professional footballers that he/she could do the job better. If you don't like it I suggest you protest in the strongest possible terms by not taking up "membership". Pay as you go or don't go.I don't like Speedway, but instead of whining about it I don't go, and leave those who do to enjoy it. Easy."

"Why should I subsidise your kids? Look after them yourself you sponging tosser."

"As if I care about your valueless opinion? If you don't like the new system stop going"

"Self opinionated gobshite. If someone doesn't agree with you they're a troll? Dickhead."

"Seems you two are on the same wavelength. Bum chums? Hopefully the new system is implemented and you both stop going."

"You don't know how many kids will be forced to stop going, you don't know how many pensioners will stop going. You are just whining because you always do about any change. Trying to claim the moral high ground by simpering about "the kids". What about the disabled, the unemployed, the nurses and junior Doctors who are now working Saturdays? I'm not the one trying to price out long term HCFC supporter, you are. There are a damn sight more who go without kids etc who will benefit from this change. The greatest good for the greatest number. But that doesn't fit your anti Club agenda."

""People" don't, only you and a few of your bumchums on here. Who I don't really regard as proper people. I have to go now, so perhaps we can continue this exchange of abuse on Saturday? If you are not busy then."

"Give you time to bugger your "lad" without having to type."

Have you reported that post yet?

****s like you, I **** 'em. Now **** off Mr No Values, Mr No Principles, Mr Hypocrite, Mr Allam Whore, Mr Boo Boy, Mr Prick, Mr ****.

Strong strain of homophobia going through those examples there Ben. Good finds.

 

[Hutch-tiger69]

Sooooo have some chinese definatley bought us?

 

[originallambrettaman]

I just can't get my head around the 1st September date. If you are investing near on £100million you would want control of the club before the transfer deadline.

We might get to the January window already sunk and they would see their purchase easily lose £40million in value without being able to do anything about it.

Is this a final Allam parting shot?

The timing makes little sense and I'm afraid I'd got no explanation for it, maybe they're trying to complete as quickly as possible and simply can't get it over the line until September.

 

[Fez]

Burns is saying it's a punt but he wouldn't be posting complete speculation if he hadn't a nod from a source it was more likely than not they are the prospective buyers.

There seems to be separate corroborating rumours now - from those who don't claim to know it all but don't post **** either.

I think it is likely the Chinese and Americans were bidding against eachother; the chinese won and favour a new broom approach, with Chapman and Bruce et al ultimately being casualties of the failure of the Greive bid. We're probably in due diligence now which explains the lack of activity on the transfer front and Mooney jumping ship before he becomes surplus to requirements. That's my guess at least.....

....or at least what I hope is true.

I think you have the essence of it, although I think they unintentionally blew the Grieves bid and are left with due diligence by the Chinese.

It will be interesting to see what due diligence throws up.

 

[Fez]

The timing makes little sense and I'm afraid I'd got no explanation for it, maybe they're trying to complete as quickly as possible and simply can't get it over the line until September.

I think it's a red herring to instil a little calm to conclude a deal. It's Assem taking control and sorting the clusterfuck of his arsehole son.

 

[GLP]

I think you have the essence of it, although I think they unintentionally blew the Grieves bid and are left with due diligence by the Chinese.

It will be interesting to see what due diligence throws up.

If it is a bid from Hawken Lui Xi, I'd be happy with that. Self made billionaire, British passport and she loves football.

 

[DMD]

Dai Yonnge

That would be ironic!

Any excuse for this.

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[Fez]

If it is a bid from Hawken Lui Xi, I'd be happy with that. Self made billionaire, British passport and she loves football.

Is she the owner (or part of) Beijing Renhe F.C.? A team who changes it's name to suit sponsors. To be fair I know nowt about her, but will do some looking.

 

[Party Hull!]

"Hey, look, there's a takeover again so....don't protest on Saturday"

That should do it.

 

[originallambrettaman]

"Hey, look, there's a takeover again so....don't protest on Saturday"

That should do it.

Unless they announce that a deal has been agreed, with a firm completion date, it's not going to have any effect on the protests.

 

[Obadiah]

I think they intentionally blew the deal with the Americans.

The last accounts showed Renhe was in financial trouble. It has now sold the shopping malls for $1 billion to another company owned by Dai Yongge to enable it to pay its debts.

Hawken Lui Xi is Dai Yongge's sister.

 

[balkan tiger]

I think you'll find they're trying to sell their shopping malls to raise money.

FFS another buyer with no money. How long does it take to sell a supermarket or two and get the money in the bank? best be quick as they're buying Hull City in September.

Even worse iv'e seen the post under yours, they don't even own the building the supermarket is in.

I'm still calling bullshit on this story, happy to be wrong though.

 

[GLP]

Is she the owner (or part of) Beijing Renhe F.C.? A team who changes it's name to suit sponsors. To be fair I know nowt about her, but will do some looking.

She owns a Chinese Super League team (I think). She loves football having been introduced to it as a student in London.

She owns Guizhou Renhe AKA Beijing Renhe.

 

[dennisboothstash]

I think they intentionally blew the deal with the Americans.

The last accounts showed Renhe was in financial trouble. It has now sold the shopping malls for $1 billion to another company owned by Dai Yongge to enable it to pay its debts.

Hawken Lui Xi is Dai Yongge's sister.

It's the Welsh chap Dai that Burnsy was tweeting about too
He tweeted something about a possible owner, but then put two different links on it

 

[citycityhull]

I think they intentionally blew the deal with the Americans.

The last accounts showed Renhe was in financial trouble. It has now sold the shopping malls for $1 billion to another company owned by Dai Yongge to enable it to pay its debts.

Hawken Lui Xi is Dai Yongge's sister.

They only place I can see these been identified as buyers is by Burnsy, and even he admits he is "adding 2+2" - ie speculating, and that a club official has suggested he is wrong.

There certainly seems to be a strong suggestion that a sale is close, someone close to players saying they have been told (this would not happen if it was early stages), media starting to speculate also.

Ultimately you need to decide what you prefer, crackpot owners not investing and massively damaging morale and the club, or potentially new owners who may not be mega rich but likely to invest something in the squad to protect their investment?

 

[Party Hull!]

Misinformation from Ehab to quell the dissent before the cameras are switched on.

Basic stuff.

I don't believe anything is happening at the moment.

 

[Obadiah]

FFS another buyer with no money. How long does it take to sell a supermarket or two and get the money in the bank? best be quick as they're buying Hull City in September.

Even worse iv'e seen the post under yours, they don't even own the building the supermarket is in.

I'm still calling bullshit on this story, happy to be wrong though.

They've sold the shopping malls for $1 billion and paid off the debts.

Unless the club is talking to Burns the clues are in this Sky link:

http://www.skysports.com/football/n...erested-in-buying-hull-city-ssnhq-understands

 

[balkan tiger]

Unless they announce that a deal has been agreed, with a firm completion date, it's not going to have any effect on the protests.

It may not effect the planned protests but it could / will effect those you hope to join your protest. There will be plenty of those "why should I hold up the red card the Allams are selling soon" or those who tell you to sit down because you're spoiling my entertainment, they may even go as far as booing during the singing of protest songs.

Be strong and protest hard till they have really gone.