I fail to understand why a bloke with obvious business sense would "give" £1m to a club in a sport he has stated he has no interest in and risk alienating himself from 1 half of the city, a lot of whome are supporters of his football club.

personally i don,t think allam has enough money to run a premiership team, so he,s worth 267million thats only on paper he won,t have that much money in his own personal bank account.The problem with been in the premiership is that to be a half decent team you have to have at least five 10million pound plus players then you have to folk out at least what bullard who they cannot afford to pay wages are, the city is a rugby league city and always will be allam is spending some of his fortune on a short term dream anybody with that little amount of money compared to man utd, lpool, man cty etc who have multiple billionaire backers and still lose money every year. I,m not worried about him buying the kc because he would still need the income from our profit making team.

Strange how the two most commercially sound clubs (L**ds and FC) aren't following that business model.

Maybe Allem has come in because Hudgell can't get his Parasol to open?

Don't see the big deal tbh.
There'll always be an FC and it will always play at the KC. The rest I couldn't give a flying feck about.

Eh? Please tell me who Leeds' sugar daddy is. How much have Man United spent recently? Barcelona are owned by the fans FFS.
Money can buy you success. Doing it the right ways achieves greatness.

I keep thinking of that old Yorkshire saying 'You dont get out for nout'
Maybe I'm being a cynic I dunno.
One thing I am confident of is how our club is run business wise, I'm sure they'll be keeping a close eye on all this.

The power base in RL will move to the clubs with the big money backers. Warrington and Wigan will dominate RL for a time now. Do you honestly think Man Utd get by without massive investment, they turn over £290m but that isn;t profit similarly with Barca, their business model isn;t run on shirt sales and attendance figures alone.
So you are actually saying man Utd havent bought success. Its a common held fantasy that they do it all on home grown talent, remind me again how much Rooney, Ferdinand etc cost. Hate to burst the bubble but they bought the titles they won. Barca are the same, it isn;t a home grown talent, they buy it.
If you want to see the perfect business model in football you have to go down to div 1 to find a profit.

rlhttps://news.bbc.co.uk/sport1/hi/football/europe/8859257.stmrl
rlhttps://menmedia.co.uk/manchestereveningnews/sport/football/manchester_united/s/1413006_debthit_manchester_united_still_plan_to_spend_bigrl

Barcelona are in massive debt. As indeed are Manchester United.

There are different types of subsidy. When Real Madrid were in financial difficulties, the City council and regional government rode to the rescue.

rlhttps://news.bbc.co.uk/sport1/hi/football/europe/1355780.stmrl
rlhttps://www.sportbusiness.com/news/153965/ec-probe-real-ground-salerl

Barcelona and Real Madrid are Civic institutions more than businesses. God knows what is going on at Man U.

franchising was brought in to try and avoid the reliance single investors, £1m won't make a massive difference to KR, it certainly wont increase your fan base above the 10,000 break even that you are still struggling to attract.

I know it wont, don't think one person has claimed it will, what I was saying, and not from a red or black point of view, is that RL clubs and the sport as a whole will need backers to be truly successful.

I really hope this guy is genuine and does invest in the sporting clubs of Hull, the last thing I want is to see either HKR, HFC or HCFC go to the wall. HCFC were on the verge of that before AA came in so he can only be commended for that.

They were back in the nineties but Mr Allam was nowhere to be seen then.

Have to disagree with you on this point. What this sport needs to be successful is a strong & professional organisation not the current idiots at Red Hall. One that is more proactive in promoting itself to an audience it can geniunely attract and retain not wasting time, money and resources on pipe dreams of making it a big concern in other countries.

Clubs also need to be self sustainable and not reliant on one or more backers. RL is not a majority sport in the UK and has to work harder to promote/sell itself. The day when money men rule the world of RL will be the death of it, you only have to look at what happened to Ice Hockey in the UK when Heineken pulled out. The BIHA ran the sport into the ground then the money men such as Sir John Hall thought he could do better or make a killing, the latter he did by killing off the most successful club ever in Durham Wasps. Since then the top flight in UK Ice Hockey has had more failed leagues aswel as teams in a short space of time then its entire history as money men think they know best.

Leeds and Hull FC are doing it right by making sure their clubs are self sufficient any other way is just fool hardy as sugar daddys can lose interest or need to relocate their funds elsewhere particularly in todays financial climate.

Indeed, imagine HKR need £1m to stay afloat, but City are close to being promoted and they need a £15m injection in the January window.

What will AA's priority be then?

Just reading the HDM article again, this caught my eyeNeither KR or the Mr Allam have confirmed whether or not a repayment agreement has been reached, due to commercial sensitivity. However, it was stressed that there was no commercial element to the deal, and there was 'no gain' for the Mr Allam.'" This sounds like an interest free loan to me. I'm sure we'll all find out soon enough! www.thisishullandeastriding.co.u ... ticle.html

Just reading the HDM article again, this caught my eyeNeither KR or the Mr Allam have confirmed whether or not a repayment agreement has been reached, due to commercial sensitivity. However, it was stressed that there was no commercial element to the deal, and there was 'no gain' for the Mr Allam.'" This sounds like an interest free loan to me. I'm sure we'll all find out soon enough! www.thisishullandeastriding.co.u ... ticle.html

Get that chip off your shoulder, people were talking about him and his infamous radio humberside interview (where he statesd the only way forward for rugby was to merge Hull & Rovers) well before it was made public he had invested in Rovers.

Most people dont trust him on the basis of that interview. The fact he's chosen to (apparently) favour one team over the other (in direct contravention of something else he said in the interview) further reinforces that view. But you stick you your small minded view of "if it favours rovers FC fans must hate it for soley that reason and no other" if you want to.