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FORUMS > Hull FC > KC Stadium |
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| Sorry, I just don't get the concern about the Allams.
I have suported both FC and City since the 70's.
Now if the Allams did eventually get to buy the KC (and I hope they do as long as the Council get the market rate back for their initial investment), why would the Allams not want us to share the ground? Any future sale would also have to include protection against existing leases - I think we have 42 years remaining on ours.
The Allam's are business men and the basic business rule is that you sweat your assets. The summer Rugby League season perfectly compliments the Football season, plus playing Rugby League their also brings International matches. There are also synergies in being able to share the club shop and ticketing offices etc
So why all the concern?
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32444_1318716838.jpg [quote="Philip Larkin":2lhqd089]
There ain’t no music
East side of this city
That’s mellow like mine is,
That’s mellow like mine.
[/quote:2lhqd089]:d7dc4b20b2c2dd7b76ac6eac29d5604e_32444.jpg |
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| Quote: Rugby Raider "Sorry, I just don't get the concern about the Allams.
I have suported both FC and City since the 70's.
Now if the Allams did eventually get to buy the KC (and I hope they do as long as the Council get the market rate back for their initial investment), why would the Allams not want us to share the ground? Any future sale would also have to include protection against existing leases - I think we have 42 years remaining on ours.
The Allam's are business men and the basic business rule is that you sweat your assets. The summer Rugby League season perfectly compliments the Football season, plus playing Rugby League their also brings International matches. There are also synergies in being able to share the club shop and ticketing offices etc
So why all the concern?'"
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?
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Your one-stop resource to [url=http://www.cararena.co.uk:wd7jfnof]SELL A CAR[/url:wd7jfnof]!: |
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| 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?
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25029_1389002443.jpg [b:a3vty4bg]AIRLIE BIRDS FLYIN' HIGH YOU KNOW HOW I FEEL
SUN IN THE SKY YOU KNOW HOW I FEEL
BREEZE DRIFTIN' ON BY YOU KNOW HOW I FEEL
ITS A NEW DAWN, ITS A NEW DAY.[/b:a3vty4bg]
[color=#0000FF:a3vty4bg]LOCKO'S LYRICS OF THE WEEK:-[/color:a3vty4bg]
[b:a3vty4bg]AND ECHOES NOBODY HEARS, IT GOES, IT GOES, IT GOES
WE’RE FAITHFUL, WE ALL BEL13VE, WE ALL BEL13VE IT
SO FAITHFUL, WE ALL BEL13VE, WE ALL BEL13VE IT[/b:a3vty4bg]:d7dc4b20b2c2dd7b76ac6eac29d5604e_25029.jpg |
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| Quote: JMR "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?'"
Don't Muslims use their left hand to do that sort of thing?
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8087_1342892330.gif :d7dc4b20b2c2dd7b76ac6eac29d5604e_8087.gif |
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| Quote: JMR "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?'"
For that to be the case then we'd have to accept that Adam Pearson is a dishonourable man and a liar, I don't believe he is.
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32444_1318716838.jpg [quote="Philip Larkin":2lhqd089]
There ain’t no music
East side of this city
That’s mellow like mine is,
That’s mellow like mine.
[/quote:2lhqd089]:d7dc4b20b2c2dd7b76ac6eac29d5604e_32444.jpg |
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| Quote: JMR "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?'"
Erm no. Daft lad.
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6505_1460484023.jpg [i:10za56ci]Hold on to me baby, his bony hands will do you no harm
It said in the cards, we lost our souls to the Nameless One[/i:10za56ci]:d7dc4b20b2c2dd7b76ac6eac29d5604e_6505.jpg |
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| Quote: WormInHand "Erm no. Daft lad.'"
Not sure why you're trying to have a sensible conversation with an out-and-out troll.
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7078_1361913407.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_7078.jpg |
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| Quote: Kosh "Not sure why you're trying to have a sensible conversation with an out-and-out troll.
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39004_1360877303.png Born and raised on Black and White:d7dc4b20b2c2dd7b76ac6eac29d5604e_39004.png |
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| He's invested or given or loaned his bestest pal(Hudge) a million quid,maybe he could take his development plans to Preston Road.
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| Quote: ComeOnYouUll "Indeed. And he is so sad that he even pretended to be a Hull fan when he first registered on West Park to continue to support City and extend the KC, perhaps considering in measured terms the planning difficulties that he would work with the council to treat sensitively, but painting in measured terms the employment opportunities it might represent? Or
2) To fabricate an illusion of making a sporting gift to the people of Hull (with unspoken and impossible/unpalatable conditions attached), winding the myopic and sensationalist local media into a nodding dogs frenzy, then failing to have anything approaching a sensible discussion with the council, producing no plans or deal but a borderline blackmail approach to acquiring the stadium, with some rather clumsy, but, surprise, surprise, highly publicised cash donations to other causes in the city?
It's the fact that he's gone for 2 that has cost him, but that's no one's fault but his own. That and the fact that his follow-up is dummy spits in the press and lunatic ramblings about the red herrings of toffee apples, comas, asbos etc.
What Pearson tried to do this week was 1. He believes that the city, and Hull City, who employ him, would be better off with this development in place and, possibly, that the council should make a contribution. At the moment negotiations will go nowhere as there are too many stumbling blocks:
a) No detailed plans have been brought forward
b) The Allams, for so-called businessmen, have taken a ridiculous stance on the "negotiations", ie they won't and are imposing ludicrous pre-requisites to an adult discussion.
c) There are onerous obligations of the existing lease arrangement which Cllr Geraghty suggested would be waived in the event of a sale, meaning co-tenants Hull FC would have no protection from eviction.
d) The land is protected by covenants and a Royal Charter. These are not insignificant barriers.
e) The deal would be hugely complex, with loads of work needed on conditional clauses. What if Allam gets the KC for nowt, uses the cash for players for City and just doesn't build the development at all? You can't then force him to build just because he's got the freehold of the KC. What if the swimming pool is loss-making and they close all the sporting elements to leave a Burger King and Carphone Warehouse on the so-called "Sporting Village"
f) Planning policy dictates that in terms of sequential preference, if you're going to build a retail/commercial park, you build something in the town centre first. I have recently spoken in my job to a head of regeneration and planning in the north west, and the appetite for out of town developments when vacancy rates in city centre retail units is so high, has never been lower. I've not been into Hull City Centre for a while, but I understand that throughout the city from Whitefriargate through Princes Quay and across to the Prospect Centre, there is a high vacancy rate, and some retailers are vacating unit on Kingston Park next to the Ice Arena. This itself IMO is because planners have allowed a proliferation of retail development beyond the population's requirements. Building yet another commercial unit out of centre will just suck more life out of the city centre.
g) It's a community asset which has its own benefits in terms of control and any sale would have to be at fair value.
To Pearson's credit, he's trying to put the deal into less ridiculous and emotive terms and articulate what it actually is. For the first time we heard that it had to be a commercial development to pay back, which is something Allam has never spoken to in his ridiculous "gift/asbo" speeches over the last few months, so we're finally getting some clarity around what it would be. IMO (and I did say this weeks and weeks ago), this is nothing to do with Olympic swimming pools and ice rinks, which sound like, when challenged, they've been binned anyway, but all to do with a new retail park, and I've heard nothing this week to change my mind. If the Allams want to do this deal, Pearson's the man to broker it and they should stay out, but personally I believe the genuine barriers in a-g above will mean it won't happen.
I don't see a conflict of interest for Pearson, unless, as people have said, he is a complete and utter liar, which I don't believe he is. He thinks developing the stadium and surrounding area, with a watertight tenancy transfer to Hull FC, would be progress. I just think there are far too many justified hurdles to it happening.
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12839_1486909898.png [b:16wvcohs]"To play your best football you need players with enthusiasm and drive and energy." - [i:16wvcohs]Peter Sterling[/i:16wvcohs][/b:16wvcohs]
[quote="Adam Pearson said not":16wvcohs][b:16wvcohs]I know there are two franchises and two clubs (in Hull) and that will remain forever more[/b:16wvcohs][/quote:16wvcohs]:d7dc4b20b2c2dd7b76ac6eac29d5604e_12839.png |
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| Quote: Mrs Barista "commercial development on West Park to continue to support City and extend the KC, perhaps considering in measured terms the planning difficulties that he would work with the council to treat sensitively, but painting in measured terms the employment opportunities it might represent? Or
2) To fabricate an illusion of making a sporting gift to the people of Hull (with unspoken and impossible/unpalatable conditions attached), winding the myopic and sensationalist local media into a nodding dogs frenzy, then failing to have anything approaching a sensible discussion with the council, producing no plans or deal but a borderline blackmail approach to acquiring the stadium, with some rather clumsy, but, surprise, surprise, highly publicised cash donations to other causes in the city?
It's the fact that he's gone for 2 that has cost him, but that's no one's fault but his own. That and the fact that his follow-up is dummy spits in the press and lunatic ramblings about the red herrings of toffee apples, comas, asbos etc.
What Pearson tried to do this week was 1. He believes that the city, and Hull City, who employ him, would be better off with this development in place and, possibly, that the council should make a contribution. At the moment negotiations will go nowhere as there are too many stumbling blocks
Bloody hell that was like having 2 diaries in a week
You make some valid points - at the end of the day Pearson can show support of the general idea safe in the knowledge it wont happen and the fact it wont affect him or FC at all as a result in my opinion.
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32641_1503834456.jpg The poor man's bonaire:d7dc4b20b2c2dd7b76ac6eac29d5604e_32641.jpg |
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| Quote: JMR "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?'"
And bought hull kr so he can make us play at caravan park for free?
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disney1/Dis75.gif "FRIENDS ARE THE FAMILY YOU CHOOSE YOURSELF" Ray of sunshine Hull FC till I die
If you can not say any thing nice don't say nothing at all
GRANDCHILDREN ARE GOD'S REWARD FOR BEING A PARENT
It's Rough It's Tough It's Rugby League R Whiting Best Thing Since Slice Bread Better make That Second GRANDDAUGHTER IS NUMBER ONE ..1959/65 1Battalion Prince Of Wales Own Regiment Of Yorkshire ..Gibraltar/Libya/Wuppertal/Berlin FROM 1959 TILL 1965 I WAS TAUGHT HOW TO KILL FROM MONDAY TO SATURDAYS BUT ON SUNDAYS THE PARSON TOLD US NOT KILL When I asked Who is right I was told "don't be clever Soldier just do has you are told " "Ich bin ein Berliner I was there when those words where spoken " part of history " "SMILE and make the WORLD a better place ":disney1/Dis75.gif |
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| Quote: Mrs Barista " on West Park to continue to support City and extend the KC, perhaps considering in measured terms the planning difficulties that he would work with the council to treat sensitively, but painting in measured terms the employment opportunities it might represent? Or
2) To fabricate an illusion of making a sporting gift to the people of Hull (with unspoken and impossible/unpalatable conditions attached), winding the myopic and sensationalist local media into a nodding dogs frenzy, then failing to have anything approaching a sensible discussion with the council, producing no plans or deal but a borderline blackmail approach to acquiring the stadium, with some rather clumsy, but, surprise, surprise, highly publicised cash donations to other causes in the city?
It's the fact that he's gone for 2 that has cost him, but that's no one's fault but his own. That and the fact that his follow-up is dummy spits in the press and lunatic ramblings about the red herrings of toffee apples, comas, asbos etc.
What Pearson tried to do this week was 1. He believes that the city, and Hull City, who employ him, would be better off with this development in place and, possibly, that the council should make a contribution. At the moment negotiations will go nowhere as there are too many stumbling blocks
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32641_1503834456.jpg The poor man's bonaire:d7dc4b20b2c2dd7b76ac6eac29d5604e_32641.jpg |
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| Quote: Mrs Barista "commercial development on West Park to continue to support City and extend the KC, perhaps considering in measured terms the planning difficulties that he would work with the council to treat sensitively, but painting in measured terms the employment opportunities it might represent? Or
2) To fabricate an illusion of making a sporting gift to the people of Hull (with unspoken and impossible/unpalatable conditions attached), winding the myopic and sensationalist local media into a nodding dogs frenzy, then failing to have anything approaching a sensible discussion with the council, producing no plans or deal but a borderline blackmail approach to acquiring the stadium, with some rather clumsy, but, surprise, surprise, highly publicised cash donations to other causes in the city?
It's the fact that he's gone for 2 that has cost him, but that's no one's fault but his own. That and the fact that his follow-up is dummy spits in the press and lunatic ramblings about the red herrings of toffee apples, comas, asbos etc.
What Pearson tried to do this week was 1. He believes that the city, and Hull City, who employ him, would be better off with this development in place and, possibly, that the council should make a contribution. At the moment negotiations will go nowhere as there are too many stumbling blocks
That's a really long post. I think I'll quote it to make the thread longer
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| Quote: Jake the Peg "That's a really long post. I think I'll quote it to make the thread longer'"
Some long words in it too. Good for me.
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