Quote number 6="number 6"why would any potential buyer want to buy city? what do they own? their own training ground!?
not owning the kc is a millstone around allams' neck and one he didn't for see with all the surrounding land protected, pity he didn't do his homework, now he is stuck with a football team nobody wants to buy!
the only thing i see is he pockets the cash from the new tv deal and sells the club off for peanuts'"
I am of the opinion the the ownership of the ownership of the stadium is largely irrelevant. If The SMC and Hull City were run by different parties then it wouldn't even get a mention.
Realistically, what does ownership actually give? Realistically could it be used as security on loans? After all if the loanee defaulted, is the lender really going to repossess a sports stadium and sell it on to recoup their debt? Its not as if its like a residential property for which there is an open market for.
In reality, any loan would be secured on future revenue streams. If you maintain Premier League status, then that appears to be a huge amount. In years gone by it was on future ticket sales. Leeds United found to their detriment that this was a flawed strategy when they slipped down the divisions as the TV money was simply not there in those days.
Key fact in this is that Allam doesn't want to speculate to accumulate, hence the appeal to the Premier League for £20m to put an extra 10k seats in.
The potential purchase price for Hull City would be significantly affected by the liabilities on their Balance sheet which are owed to Allams other business.