Transfer Rumours Summer '22 Transfer Thread

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The sponsorship could be one of those classic Man City type deals to give us extra FFP wiggle room.

They pay us an inflated sponsorship and Acun or his associates invest a little bit back into them off the books
 
Shark Sports said:
Was there ever much chance of Keano staying, we weren't short of interest and if Brentford fell down, there would have been other options.

Actually long term wise, the sponsorship deals are a massive part of growth moving forwards. In our last Championship season, our turnover was just over £15m. We don't have a chance in hell of competing in this division with that turnover. Obviously increased crowds help a bit but sponsorship is a massive way forward. We need to be looking at reaching a turnover in the region of £40m eventually and that's without parachute payments.

From what's been said, it seems pretty realistic that sponsorship this season alone could increase our revenue by at least £5m with the various different companies/deals. That's a pretty beautiful start.
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Keano was only ever an injury away from the deal collapsing or at least not happening until January. I don't see how you can spend before you sell if you don't have the money to cover that eventuality.
 
Steven Toast said:
I wouldn't say negative, no. More eye opening about where the money funding the club is coming from.

According to the ex-city player, a short term loan was apparently taken out from a Dubai based bank to buy the club at pretty high interest if left unpaid. The buying party tried to pay it back early, but before the deal was complete (which is the bit I don't understand/find difficult to believe) and were told no by the EFL. So in order to pay back the loan within the time frame deals had to be sought to finance the club, such as the Corendon airlines deal and the other sponsorships. And in order to fund our players, other players had to leave, KLP included.

It makes sense when you think about it, because a man whose wealth is mostly tied up in businesses and investments isn't going to have the ready cash available to buy a Championship club outright. The CA deal is multi year, so if there's a yearly fee paid or it was all paid up front, that's plenty of money to pay back the loan and the money from KLP has provided us with money to sign almost a new squad.
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Interesting. I wonder what that means for next year if we don't get to the PL. Acun is a great media personality, it means he's able to spin a good yarn, and that can get a lot of people to buy in. Signing players such as Seri then encourage sponsors who bring more money and more investment in the club and so on, but when things go poorly, players don't work out, etc. the downside isn't so great if he doesn't actually have the money behind him to support the club. People may call this a negative post but I've been saying similar since January when we were expecting big money signings and the extent of our business was signing Longman and Slater for relatively small fees and then a few loans. I have no issue with the club being run sustainably, but I worry if we get to a position where we're relying on player sales to prop us up as that's essentially where we were in the last few years under the Allams.

As I started by saying though, if he can encourage investors and sponsors to come in above and beyond what we have, then we increase revenue streams and become more sustainable, but the idea that a loan was taken out to buy us (contrary to some saying we were essentially debt free when the club was sold) concerns me a little.
 
Steven Toast said:
The club statement didn't mention it as far as I can see (unless I've skipped over it). It was the HDM article that stated it was our biggest ever sponsorship.

They've also just expanded into the UK, Germany and Switzerland and they have that Dutch company as well. I mean it's a hell of a deal for us, especially as we're not even a PL club.[/QUOTE

The official statement did say that, extract from the official announcement off the club Facebook page below (wasn't sure how to link the actual page).

We are excited to announce Corendon Airlines as our new front-of-shirt sponsors in a club-record Championship sponsorship deal.

More Info ➡ https://bit.ly/3ntGb

Irrespective of their expansion plans they're a pretty small budget airline operating in a very tough market, so to commit to a multi year 8 figure sponsorship deal with a Championship club doesn't make a lot of financial sense (Turkish link or not). Thus if true there's got to be a lot more to this deal than we know about at the moment. Interesting times.
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Mckechnie Orange said:
So if there are also staged payments then it's even less likely that KLP sale is funding all current activity.

And besides, we've spent more on fees and contracts than the guaranteed part of the KLP deal already.
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Purchases will also be staged payments. Who's to say that Fenerbahce etc aren't only demanding 500k for Tufan and Ally up front, with further payments year on year? They have a good relationship with Acun so would potentially be happy to stagger payments in a way that helps Acun.
 
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It was in the clubs official statement taken from the clubs Facebook page below (wasn't sure how to link it):

We are excited to announce Corendon Airlines as our new front-of-shirt sponsors in a club-record Championship sponsorship deal.

More Info ➡ https://bit.ly/3ntGb5x
 
Tony T Tiger said:
It was in the clubs official statement taken from the clubs Facebook page below (wasn't sure how to link it):

We are excited to announce Corendon Airlines as our new front-of-shirt sponsors in a club-record Championship sponsorship deal.

More Info ➡ https://bit.ly/3ntGb5x
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Ah I don't have Facebook. Though I take it to mean it's a club record deal for us, who are in the Championship. Wonder if it's just badly worded?
 
SydneyTiger14 said:
Purchases will also be staged payments. Who's to say that Fenerbahce etc aren't only demanding 500k for Tufan and Ally up front, with further payments year on year? They have a good relationship with Acun so would potentially be happy to stagger payments in a way that helps Acun.
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It doesn't explain how KLP covers several 20k pw plus contracts. As well as fees, however staged from the beginning and throughout their contracts.

I'm happy to accept that fees paid may well add up to 16 mil, as we're 11.5 of the way there already, but fees are not going to be the bulk of the investment in this new transfer policy, we'll be jumping from. Less then 10m to mid 20's wage bill overnight and be committed for 3 years if Acun's statement about planning for top10 budget turns out to be true.

KLP fee being reinvested will not be the majority of the outlay on current transfers. It might pay for the transfer fees though.
 
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Steven Toast said:
I don't know mate, I'm just passing on what I was told. I couldn't get my head around it either, which is why I posted it on here to see if others had heard/could make sense of it. I've had three DM's on here confirming it from things their end, but I'm not going to pretend it's 100% true because I can't say that with all honesty.

Transfer stuff I can do, financial stuff, yeah not so much information there. I only put it on because it had come from an ex player who seemed to know a lot about what's going on (a very much loved ex player) so I ran it up the flagpole.
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Steven Toast said:
Ah I don't have Facebook. Though I take it to mean it's a club record deal for us, who are in the Championship. Wonder if it's just badly worded?
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Maybe, but I think the more natural reading of it is that it's the biggest deal we've had in the Championship.

Anyway, if they are paying us over £10m over 3/4 years there must be more to the deal than we currently know about. Irrespective of the Turkish connections that level of deal for sponsoring an average Championship club makes no financial sense. As you say, they could have probably sponsored a lower prem team for that.
 
Steven Toast said:
I don't know mate, I'm just passing on what I was told. I couldn't get my head around it either, which is why I posted it on here to see if others had heard/could make sense of it. I've had three DM's on here confirming it from things their end, but I'm not going to pretend it's 100% true because I can't say that with all honesty.

Transfer stuff I can do, financial stuff, yeah not so much information there. I only put it on because it had come from an ex player who seemed to know a lot about what's going on (a very much loved ex player) so I ran it up the flagpole.
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Acum and Tan don’t strike me as the type who would divulge their financial strategy to an ex hull city player.

i don’t doubt an ex player has told you this but it sounds like he is pissing in the wind
 
Tony T Tiger said:
Maybe, but I think the more natural reading of it is that it's the biggest deal we've had in the Championship.

Anyway, if they are paying us over £10m over 3/4 years there must be more to the deal than we currently know about. Irrespective of the Turkish connections that level of deal for sponsoring an average Championship club makes no financial sense. As you say, they could have probably sponsored a lower prem team for that.
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Is there any info on how much sponsors pay at other clubs?
 
Tony T Tiger said:
Maybe, but I think the more natural reading of it is that it's the biggest deal we've had in the Championship.

Anyway, if they are paying us over £10m over 3/4 years there must be more to the deal than we currently know about. Irrespective of the Turkish connections that level of deal for sponsoring an average Championship club makes no financial sense. As you say, they could have probably sponsored a lower prem team for that.
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I wonder if some of our potential winnings upon promotion will be invested into these firms? Kind of like:

"Hey, we're really gonna go for promotion, you could invest now at a low price, then be sponsoring a Premier League club and get global exposure, plus some money invested into your company if we pull this off"

Sold to them like that, it would seem like less of a risk and more like a decent chance of getting your company seen around the world.
 
HullCityTurks™ said:
Acum and Tan don’t strike me as the type who would divulge their financial strategy to an ex hull city player.

i don’t doubt an ex player has told you this but it sounds like he is pissing in the wind
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Oh I don't think they will have divulged it to him. He will have been told by his mates that are still working at the top end of the club.
 
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Mckechnie Orange said:
It doesn't explain how KLP covers several 20k pw plus contracts. As well as fees, however staged from the beginning and throughout their contracts.

I'm happy to accept that fees paid may well add up to 16 mil, as we're 11.5 of the way there already, but fees are not going to be the bulk of the investment in this new transfer policy, we'll be jumping from. Less then 10m to mid 20's wage bill overnight and be committed for 3 years if Acun's statement about planning for top10 budget turns out to be true.

KLP fee being reinvested will not be the majority of the outlay on current transfers. It might pay for the transfer fees though.
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There's a reason I thought the rest of our business would be cheap. We're being linked to some names but until they come off I'll not be blowing my socks off just yet.

Between sponsorships, the loan, player sales, I think we've managed to do very well, but as some said from the start, the club made it clear Acun was our sole backer and he isn't minted.
 
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