Quote: HullFC_1865 "it could all get very messy (and expensive!) I am not sure if the lease is HCC>SMC>Hull FC or if it's HCC>Hull FC and the SMC are managing agents.....one for Wilf?'"
Hull City AFC and Hull FC have user rights but have no legal interest as tenants, according to the City Council.
Under the current agreement Hull City AFC paid rent of nearly £5 million for the KC in the year ending 30 June 2014. West Ham will pay £1m a year for the Olympic Stadium. If the lease goes back to the Council do you think they'll get anywhere near £5 million a year rent?
Hull FC paid around half a million in rent. According to the accounts that doesn't cover the costs. I'm sure the Council have thought all this through.
