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Quote: Kingmaker "The stadium is leased for a nominal (very small) amount. Any successful improvements would net the club a hell of a lot more than the council.

In any case, I believe the funding is secured for the short-term stadium development plans.'"


The council are borrowing the money for the north stand and rovers are paying the money back I believe

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Quote: Jake the Peg "The council are borrowing the money for the north stand and rovers are paying the money back I believe'"


Correct, and I believe payments increase if attendances improve as well, but my point was that the lease payments on the ground itself are fairly insignificant meaning investment in the ground is not just a case of handing the profits over to the council.

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"The Mail understands..." NOTHING! :SUBMISSION: :lol: [quote="-VIKINGMAN-"]Respect to Roofs, the president of East Hull. :wink:[/quote]:d7dc4b20b2c2dd7b76ac6eac29d5604e_17371.jpg



Hopefully this will see the club investing in bringing back Byron Ford and Michael Smith. icon_razz.gifRAY: k020.gif icon_lol.gif icon_cool.gif

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Quote: Roofs "Hopefully this will see the club investing in bringing back Byron Ford and Michael Smith.
icon_biggrin.gif icon_biggrin.gif icon_biggrin.gif

a014.gif

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If there is no struggle, there is no progress. Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle. Frederick Douglas:d7dc4b20b2c2dd7b76ac6eac29d5604e_30596.jpg



Quote: Roofs "Hopefully this will see the club investing in bringing back Byron Ford and Michael Smith.
Marvellous stuff. One of the best campaigns on these boards.

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Quote: Ande "Interesting to hear about the owner of Hull City dropping a casual £1m into KR, seems a little weird that he has now decided to do it.

KR are building a new stand but it says that he is looking to players and facilities.

Thoughts?

rlhttps://www.sportinglife.com/rugbyleague/news/story_get.cgi?STORY_NAME'"

Maybe has something to do with the local councillors who are Rovers supporters, he needs all the help he can get if he is to buy the KC Stadium. No smoke without fire. BTW its a loan without interest or any sort of return.

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Allem wants to buy the KC from the council.
Allem treats Hull KR to £1million.
One of Hull KRs Directors is John Prescott.

Either way the winners here are the people of Hull. One thing I cant get my head around is his excuse for giving the gift. His investment in Hull City FC has made him looked biased to West Hull. How does that work?

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Quote: Established1865 "Allem wants to buy the KC from the council.
Allem treats Hull KR to £1million.
One of Hull KRs Directors is John Prescott.

Either way the winners here are the people of Hull. One thing I cant get my head around is his excuse for giving the gift. His investment in Hull City FC has made him looked biased to West Hull. How does that work?'"


Both Prescott and allam at CP on Sunday

Money is for HKR, not ground improvement

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Quote: Roofs "Hopefully this will see the club investing in bringing back Byron Ford and Michael Smith.
Why not, you could do with another 2 overseas playes.

And as far I can make out he hasn't given Rovers the money, rather loaned them it, intrest free, cant blame Rovers for taking a big intrest free loan like that, when they need the money.

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We're coming to make some noise!:



Quote: Dave K. "Why not, you could do with another 2 overseas playes.

And as far I can make out he hasn't given Rovers the money, rather loaned them it, intrest free, cant blame Rovers for taking a big intrest free loan like that, when they need the money.'"


I am guessing you have read the same articles as I have? Now where in the HDM or on the HKR website does it state this is a loan? Where does it say Rovers have to pay it back? At which point does the article claim or allude to this "gift" being paid back??

Your family must really hate Christmas with you giving them gifts, bet you expect them to buy their own!!

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Quote: nick hkr "I am guessing you have read the same articles as I have? Now where in the HDM or on the HKR website does it state this is a loan? Where does it say Rovers have to pay it back? At which point does the article claim or allude to this "gift" being paid back??

Your family must really hate Christmas with you giving them gifts, bet you expect them to buy their own!!'"


This below seems to hint to be that it is a interest free loan,

Neither KR or the Mr Allam have confirmed whether or not a repayment agreement has been reached, due to commercial sensitivity.

Where does it mention the word "gift"?

If you invest some money, you at least want what you put in back (Allam doesn't seem to want to make profit out of this deal though)?

I wouldn't want to take investment advice of you Nick.

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Quote: Dave K. "This below seems to hint to be that it is a interest free loan,

Neither KR or the Mr Allam have confirmed whether or not a repayment agreement has been reached, due to commercial sensitivity.

Where does it mention the word "gift"?

If you invest some money, you at least want what you put in back (Allam doesn't seem to want to make profit out of this deal though)?

I wouldn't want to take investment advice of you Nick.'"


It is a soft loan..Allam was on radio last night. My concern is that he has stated he wants KR & FC to merge, then a couple of weeks later loans KR £1m increasing their debt to £4.5m eusa_think.gif

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Quote: berrigans bitch "It is a soft loan..Allam was on radio last night. My concern is that he has stated he wants KR & FC to merge, then a couple of weeks later loans KR £1m increasing their debt to £4.5m
He can want what he likes, but has no say in either club at the moment, hopefully he will stay well away from us.

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[quote="Tarquin Fuego":3e09qe5x] I love Jamie and have done since he was 10 years old. [/quote:3e09qe5x] [quote="The Reason":3e09qe5x]Hi Andy The Rugby Football League are in the process of reviewing the video that you are referring to. We do not condone behaviour of this nature and have contacted the player’s employer, Hull F.C., who have confirmed that they are dealing with the incident under their club rules.     Regards,   Matthew[/quote:3e09qe5x]:23521.jpg



Who do Hkr owe £3.5m to?

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Quote: Sheldon "Who do Hkr owe £3.5m to?'"


Mainly directors I think, which is fine as long as they don't decide they want their money back. (which they may never do).

Rovers can't keep losing money at the rate they have been though.

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