Transfer Embargo

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What’s gonna happen

  • Temporary blip

  • Complete ****ing collapse

  • It’ll all be ok

  • Relegation

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Trumpton Tiger. said:
That was through Covid payments and you know it. The club used the covid bounce back loan and paid it back. The embargo wasn't enforced for dipping out on paying our bills. Nothing like the mess this idiot has got us into or the scale which is increasing by the day. I said at the time, be careful what you wish for and you shouted me down on every post. The only family who have kept this club's head above water in recent years are the Allams, for all their faults too, which would you prefer today? This liar or them?
This guy has seriously dented my enthusiasm for the club, he has shafted us big style, let's not beat around the bush. In a way that I thought was impossible after we had been through it so many time before under other dodgy owners. I didn't think we would get fooled again but we have and only this time it's far more serious.
It's never been easy supporting this club and we do not deserve to be rinsed in this way especially after the way we have supported them in numbers.
For me, no sentiment at all, the Turks days are numbered and the quicker he ****s off the better.
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We were placed under a transfer embargo for failing to pay back the bounce-back loan, Grant McCann could only sign frees and loans as a consequence. Acun paid off that £2m loan a week after taking over and the embargo was lifted. All a matter of public record.

The £2m bounce-back loan was clearly nowhere near as big a deal as the debt situation currently.

The club was in a managed decline when Ehab left, there was zero investment, attendances were pitiful and he should be nowhere near this football club. FACT.
 
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originallambrettaman said:
We were placed under a transfer embargo for failing to pay back the bounce-back loan, Grant McCann could only sign frees and loans as a consequence. Acun paid off that £2m loan a week after taking over and the embargo was lifted. All a matter of public record.

The £2m bounce-back loan was clearly nowhere near as big a deal as the debt situation currently.

The club was in a managed decline when Ehab left, there was zero investment, attendances were pitiful and he should be nowhere near this football club. FACT.
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I don't get why Ehab would even want to come back?
 
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originallambrettaman said:
We were placed under a transfer embargo for failing to pay back the bounce-back loan, Grant McCann could only sign frees and loans as a consequence. Acun paid off that £2m loan a week after taking over and the embargo was lifted. All a matter of public record.

The £2m bounce-back loan was clearly nowhere near as big a deal as the debt situation currently.

The club was in a managed decline when Ehab left, there was zero investment, attendances were pitiful and he should be nowhere near this football club. FACT.
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Would you trade that position to the one we are in today? I was not in agreement with the way the club was being ran at the time but we were being put into shape to attract a buyer, which we did. The club was cheap, no debt, solvent, with a couple of sellable players which kept the asking price down. One average Premier League player costs more than Acun paid for this club. I'd have much sooner we had a thriving club at the time with a waiting list for season tickets but the asking price would have been way higher, obviously. The club was also toxic and not an attractive purchase/gamble if the price had of been higher. That is the real disappointing memory from those days, what could have been........
You obviously have a personal dislike for Ehab Allam but it was their loans which helped fund Bartlett and Duffen to get us into the PL in the first place and the most likely person Acun will be tapping up this time to bale us out will be Ehab. Like it or not.
for the record I don't think it will happen again. He doesn't need all the sh!t second time around.
 
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george dawes said:
"In financial documents seen by The Athletic, dated the end of May, Hull still had £21.8million of future transfer commitments"

This doesn't necessarily suggest a leak from the club does it? Do the EFL have lists of this sort of info? Maybe he has a source at the EFL?

Whilst a worrying article, it doesn't really tell us anything we didn't already know. If anything it could be positive as it shows a willingness to sell. I don't dislike Acun but he clearly doesn't have the money or the backers to do what he wants to do.
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Owing transfer installments also isn't a concern in itself other than from a cash flow perspective. Of course we're still owed significant money from Ipswich and Villa too.
 
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SydneyTiger14 said:
That really surprises me, not sure why they would have paid it all up front. Unless you just mean they're up to date on payments?

It would be a huge concern if we have cash flow issues despite receiving 30m+ in cash last season.
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It is not unusual for clubs to structure payments in such a way, spreading the cost of new signings, but Hull’s case is made concerning by the fact they have already advanced the fees agreed last summer with Ipswich Town to sign Jacob Greaves and Villa to re-sign Jaden Philogene. Those combined fees, totalling close to £30m, have now been settled.
 
WYT said:
It is not unusual for clubs to structure payments in such a way, spreading the cost of new signings, but Hull’s case is made concerning by the fact they have already advanced the fees agreed last summer with Ipswich Town to sign Jacob Greaves and Villa to re-sign Jaden Philogene. Those combined fees, totalling close to £30m, have now been settled.
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That's a huge concern then. Where has the money gone?
 
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SydneyTiger14 said:
That really surprises me, not sure why they would have paid it all up front. Unless you just mean they're up to date on payments?

It would be a huge concern if we have cash flow issues despite receiving 30m+ in cash last season.
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Apparently, we asked them to settle up the entire fees (not including add-ons) this year as we were that desperate.
 
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