Quote Dave K.="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.'"
Yet a few paragraphs down it stated
"Mr Hudgell added that he had specifically offered a return on any investment, but this was declined as the Allams are not interested in making any return out of their involvement in sport."
Ok the general opinion would be that if someone puts something in they want that back but in NO article did it state that the amount was going to be paid back at all. So people stating it WAS a loan were making an assumption without the facts being released.
Mr Allam obviously knows Rovers make a loss year on year, he must know that RL in general loses money with few clubs making profits. If we add up all the money Neil has ploughed in to the club he would probably have been worth twice as much as he is now.
The Hull Daily Mail also state "Allam has agreed to plough more than £1m into Rovers
in what appears to be an interest-free loan."
So even todays press have not got any specific details. As I haven't heard any radio interview with Mr Allam I do not know what has come out of the mans mouth. Anybody able to accurately quote what he put on the radio??