Hull City will be playing in a new arena within 2 years. It has to. The KC is dead.... long live the "Seimens Stadium".
The fact is that unless the KC can be run in a reasonable and viable manner, it is doomed. Just how does the city council expect the stadium to function at a loss!
When a building starts to require major investment in maintainance, costs rise. Commercial landlords understand that unless they foot the bill, it is better to release the building to the tenants. When the projected costs out way the lease revenue over term, it is acceptable to sell at a vastly reduced level. There is no future with the present lease. The council cannot raise funding against the stadium, whilst the SSMC could. But why would it if the development is restricted to the stadium, nothing but a loss making machine there. The land around the KC and Walton Street is a prime flat developable area, it meets many of the demands of developers. Access and infrastructure are viable.
But Melton is better for the club!