No anger or abuse, merely a forthright and well observed opinion.

Perhaps you should seek some facts, common sense and judgement.

It looks to me as if this whole thing has been staged managed by the Allams to flush out into the open the deal we have with the SMC and to lay it bear for public scrutiny. It also appears by what the Mail is saying that there are some surprises to come and they aint gonna be nice ones.

The fans and the media have been almost pleading with the Club to come out and comment and while they don't the general public only have what Mr Allam has to say to go on. They cant claim that its to do with confidentiality any more because the Mail has obviously received the full agreement from the Allams. It looks like tomorrow will be a real eye opener as a dispute about a few pictures and the degrading and humiliation of a local hero is developing into a full blown crisis and I mean crisis. The Club have to comment if these trails from the Mail come to fruition, if they don't the public will believe what they read and it doesn't sound like it will be anything but humiliating for us lot. Here we go agaian folks!!

What is worrying is that all of the sports clubs in Hull are struggling financial with losses. The future isn't looking great! The majority of businessmen are driven by making money and will bail if things aren't going right. Allam is a complete tool and wants the stadium for peanuts and AP is looking to get involved back into Football.

Blooming heck, I've put loads of time and energy into indignant/outraged defence of the club.



If the SMC are putting all the details out there, the club need to man up and put out a statement. Still inconsistent with previous accounts which show a direct profit on FC activities of £400k, but if the club offer no clarification or back up, we've choice but to take the reports at face value.

Anyone slightly worried about HDM tweet regarding SMC covering hull FCs costs?

You are RLfans Correspondent and I claim my £5.

What?

Have they? All I'm seeing is the Mail printing one Allam propaganda piece after another. What permission is required for that?

In any case, one party breaching an agreement (if they have) doesn't amount to permission for other parties to do the same.

If the details of the confidentiality clause that have been stated on here are correct then there seems to be little the club can say without being in breach of contract.

I honestly believe we've played into allams hand's.. But not giving up, he need's putting in his place

As I see it , the allams are bleating poverty as they are losing cash but getting nothing in return for their spend.
They don't like that , not one bit. As for suing the Council - poppycock. The HDM article is just the allams trying to build up a case for scaring the Council and Hull FC.

My advice - Call their Bluff

Wait for their legal action , just wait. It won't come. FC are in a watertight agreement on rent and costs etc so have to do nothing. Don't comment. Let them play theirselves out and hang themselves dry.

It's like buying a caravan park in With and finding later that the caravan owners have an agreement to never pay more than they pay now for the next 20 years but the costs of running it go through the roof. Silly purchase that they can't get out of via closing the business though !

They need more revenue , from the Council and FC , and neither have to provide more to them . So the SMC may continue to lose cash and the allams don't like that either. The allams seemed to have bought the SMC in a rush and have now been found out. They would then normally liquidate that loss making company.

I was told about 10 years ago , after FC played the Bulls for the first time at KC , att approx 23,000 , that the SMC made an after tax and costs, profit of £38,000 for that 1 game !

These guys don't give money away they LEND or SECURE it on property.

Bill Gates / Warren Buffet - now these guys are generous !

It could be fezzes but the safest bet is to say "one fez and some more"

I got shot down for this post on Wednesday.

I don't think I was far off the mark.

Did I just hear Radio Humberside report that the Allams would be prepared to give control of the stadium back to the council?

@HDMsport: In today's Mail : Ehab Allam to consider handing control of KC Stadium to Hull City Council after #HullFC picture row.

I just missed the beginning of the sports news on Radio Humberside. Headlines on again just before 7.

More to Allam's new move than meets the eye, I expect.

Can't see the report online yet but from the Twitter trails I'd say it looks like Shane Richardson and Kath Hetherington negotiated us a better deal than we'd been led to believe. I suspect this could have been a factor in AP buying the club. This is a smart move by the Allams, calling the council's bluff on independence by offering to give up the SMC. . But there remain inconsistencies. If the SMC are so keen for transparency, why do they no longer include a detailed P&L in the accounts? Cash in the bank vs reported losses. How come our rent is meant to be the highest in SL but the SMC reckon we cost them money? However until we get a forensic audit it's one side of the story. Whether we ever hear FC's version, I doubt it.

Great!

Now's the ideal opportunity for the council to order a full, forensic audit of the SMC accounts and recent activities

IIRC the rumour was: after AP had negotiated Hull City's terms with the council, t was only once he got control of the SMC that he saw the terms negotiated between Hull FC & the council. He almost had an apoplectic fit and tried, unsuccessfully, to renegotiate Hull City's terms.

Wilf will probably have more info on this

Sounds like Pearson's had other things on his mind lately.

Care to expand?

Over 300k in SMC subsides

Wow

I assume she is talking about the Leeds Utd takeover.

Nothing new or shocking though, we all knew we got 'free' stewarding for starters. Got to give Kath and the old board their due, they did a better job on this deal than we realised.

Maybe paying to display the pictures isn't so bad then?

All depends on how you define "subsidies" and it does seem a little strange that there was no problem with these "subsidies" until recent months.

Anyway, you'd be better fretting over when and under what terms "Doctor" Allam will demand the return of his gift/soft loan, rather than worryig yourself over our difficulties