The 3.5million loan/mortgage taken out against the SMC isn't a drain then, which has nothing to do with Hull FC.
So , when they they bought the SMC did they not do due diligence on the KC stadium to see the state it was in?When anyone buys a house they get a survey done, did the Allams not do this before buying the SMC and taking control of the upkeep of the stadium.
Another question I would like to ask is all the gate receipts that City receive for a home match, do they keep them?
For Hull FC they don't, initially when the moved in the SMC received 50% of gate receipts for crowds over 7500. Hull FC 's average crowds have steadily risen so it would be interesting to see how much the SMC makes from Hull FC home games and whether the total over a season offsets these 200k losses the SMC say Hull FC cost them, especially when you have derby matches against Hull KR with crowds of 20000 plus.
It's got nothing to do with the Allams either, you idiot. You should be grateful they took on the debt. If they hadn't Hull City would be now out of business and you would be back at that sh1thole down Boulevard.
If you want to pour your scorn at someone for how that £3.5m came about, pour it on th Council. They are the ones who signed off the operating rules for the SMC that allowed such a mortgage to be actioned in the first place.
Ask yourself this. If the Allams hand back the lease to the council what do you think will happen to the costs accruing to Hull FC resulting from playing at the KC?

