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Wages paid late

Discussion in 'Hull City' started by WestStandTiger, Apr 30, 2025.

  1. originallambrettaman

    originallambrettaman Mod Moderator
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  2. eimaj

    eimaj Well-Known Member

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    Christ, what's happened to the real Acun.
     
    #302
  3. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    That doesn't bode well. If it was all smooth sailing he'd be happy to reassure fans.
     
    #303
  4. originallambrettaman

    originallambrettaman Mod Moderator
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    I think it's absolutely right that he does nothing until after the game.
     
    #304
  5. HCAFCHangout

    HCAFCHangout Well-Known Member

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    As vocal as I have been at Acun. This is the right thing to do. Even if it was a positive message it could be a distraction.
     
    #305
  6. DJBlackandamberarmy(No4)

    DJBlackandamberarmy(No4) Well-Known Member

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    whatever he said, it would be twisted to fit whatever view people already had anyway , so probably best to keep it zipped for now until after the game
     
    #306
  7. bradymk2

    bradymk2 Well-Known Member

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    Owner doing an interview 2 days or the day before one of the biggest games in many years would be a bad idea whatever the topic
     
    #307
  8. Plum

    Plum Well-Known Member

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    And there's plenty on here who could do the same...
     
    #308
  9. Kalman II

    Kalman II Well-Known Member

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    It would be but I’m 99.9% sure he won’t.
     
    #309
  10. EricCartman

    EricCartman Member

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    Not saying you’re right or wrong Kalman but what makes you so sure?
     
    #310

  11. HCAFCHangout

    HCAFCHangout Well-Known Member

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    I don’t think he has the capital elsewhere to fund it. He’s not the wealthiest owner
     
    #311
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  12. Drew

    Drew Well-Known Member

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    I’d have been happy for Acun to do a very brief soundbite in support via the clubs own channels but doing an open interview with press would have been a very very bad idea
     
    #312
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  13. Kalman II

    Kalman II Well-Known Member

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    City’s debt to Acun Medya is well over half of Acun Medya’s net worth. Plus, Acun Medya took a loan (or loans) out to buy and finance the club in the first place. If he writes off the debt City owe his company, Acun Medya still owes the money to the creditors.
     
    #313
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  14. EricCartman

    EricCartman Member

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    I don’t think it’s quite as simple as that, Acunmedya has combined turnover of $350 million per year and is continuing to grow, in that situation you tend to have lenders throwing money at you.
     
    #314
  15. originallambrettaman

    originallambrettaman Mod Moderator
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    Net worth is a value of the assets of an individual, not a company. It's very difficult to find out what a Turkish company is worth, unlike here, accounts aren't a matter of public record and even if they were, I'm not sure they'd be entirely reliable.
     
    #315
  16. EricCartman

    EricCartman Member

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    To be fair to Kalman, the book value of a business can be described as net worth but you’re 100% correct re the figures being quoted they are what someone estimated Acun to be worth about 10 years ago, my guess is it’s wide of the mark and you’re also right with Turkish company data, it’s next to impossible to obtain anything meaningful.
     
    #316
  17. DJBlackandamberarmy(No4)

    DJBlackandamberarmy(No4) Well-Known Member

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    i guess the free holidays will be downgraded to a long weekend in Primrose Valley this year ..
     
    #317
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  18. TigerKare

    TigerKare Well-Known Member

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    Acun on his way!

    upload_2025-5-2_19-22-3.png
     
    #318
    Last edited: May 2, 2025
  19. augustatiger

    augustatiger Well-Known Member

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    #319
  20. Baldrick's Cunning Plan

    Baldrick's Cunning Plan Well-Known Member

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    Looking at the flight path, are you sure it's not a V-2 rocket?
     
    #320

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