Quote: WormInHand "You're right. The Allams [iare[/i businessmen. Ruthless ones. They've have bought Hull City with the sole aim of making a profit. They aint going to do that unless City become a Premiership team and a going concern which they can sell at an astronomical amount.
The only way they can do this is to invest in the club and the team and to do this they need the stadium and lands to borrow against and develop for income. I guess we agree so far? If I were a City fan I'd see nothing wrong in that and I think that's why you're blinded as to what is the truth and what is a smokescreen as far as the "gift" Allam is making and what are total lies to ensure he achieves his end.
So, they get their wish, the stadium is gifted (the council won't get the [igoing rate[/i, by the way, because the starting point of Allam's plan is that the council "contribute" to the project to the tune of the value of the stadium), the land is mortgaged and developed for the Allams' profit (this bit's not a gift to the people of Hull) and they buy themselves into the Premiership. The real money comes now because they can sell for millions.
But who wants to buy a football club with a sitting tenant who has equal rights to the ground?'"
Totally agree with all of that!
Are you now suggesting Allam has perhaps [iinstructed[/i his right-hand man to buy Hull FC in order to re-negotiate this troublesome lease?
