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| Whilst i can fully understand the stadium concerns that Adam expressed we dont need another stadium in Hull.
With Hull City for sale the best option for Adam would be looking at finding either the finance to purchase the club or looking for a small consortium to fund the purchase.
With both clubs controlled by Adam then most of the stadium problems would go away and the council in my opinion would be far more willing to do deals with Adam with regard to the surrounding land development and the stadium itself than they currently are with Pinocchio Allam.
I am certain fans of both teams would back this and provide the clubs with as much money as they can afford by buying pre season passes and club clothing.
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Player Coach | 1603 | Coventry Bears |
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| Quote Chris71="Chris71"Great listen and shows just how lucky we are to have AP as our owner. He is a genuine honest guy who clearly just wants the best for the club, the fans and the city.
Think it was telling about the private equity bid and the way he feels the sport needs to move forward to gain more exposure and money into the sport.
I noticed he also mentioned that the club have signed the union trialist.
In regards to the stadium it is certainly something he sounds serious about. I would imagine the cost of renewing the leave will no doubt be a driving factor. Though interesting he made several mentions of the fact that there is currently a vast amount of available financial help at the moment which has probably brought the thought of a club owned stadium to the forefront of his thoughts. I’d even say if he got the right spot for a stadium and finance he’d likely do it. So it’s up to the council & SMC to make it an attractive option for the club to renew the lease. Be interesting to see what sort of response he gets from both. He certainly sounds to be focused and full of renewed energy for moving the club forward.
What was also telling and a sign of the type of guy he is was he mentioned about being the custodian of the club which just shows he understands what it means to own a sporting club and the responsibility of that.'"
I agree, the cheaper option may be to buy City and have one person with genuine sporting interests running the two clubs and stadium, with a collective benefit.
The stadium lease may still be an issue, but perhaps down the line their may be scope to renegotiate terms or buy the Council out.
I also support both clubs, so would rather see harmony break out for the geeater good. Adam would bring this if he owned everything.
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| It's a very enticing thought of our own stadium a few years down the line. No more of the crap we've had to endure like weeks in summer with no home games, temporary squash courts ruining the pitch, club memorabilia taken down, stupid tiger wall paintings etc.
The KCOM was a great stadium but it's looking very shabby now and the area around it especially the walk from Argyll Street is an eyesore.
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| The problem is that AP is not "rich". Sure compared to myself and other posters he is very comfortable but compared to the Allams he is poor who compared to the owners of Manchester City are poor. It's all relative. The latest guide that we may have to the cost of a new stadium may be the cost of Hull KR's North Stand which cost circa £8 million nearly 10 years ago for 2,000 seats. So 4 such stands would cost a minimum of £32 million without allowing for inflation and a capacity of 8,000 is not big enough. Even with free or low-cost land, it cannot be built without some serious financial backers and these backers will want a return on their investment. The Council won't be able to help; they're strapped for cash so that leaves supplying the land. And selling land at less than the market value may be illegal. I heard probably 5 years ago now that he had explored the possibility of building a stadium on the site of the old Birds Eye factory on Hessle High Road but I don't know how true this is. But with only 7 years left on the lease he has to move quickly. As said previously the cheapest option may well be to purchase the football club.
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| Don't you all think he's talking about a new stadium hoping to force the Allams into a better deal?
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| Quote bishops finger="bishops finger"Don't you all think he's talking about a new stadium hoping to force the Allams into a better deal?'"
I think he's deadly serious.
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| Quote bishops finger="bishops finger"Don't you all think he's talking about a new stadium hoping to force the Allams into a better deal?'"
Yes I do, but I doubt it will have any impact. The council have had the opportunity in the past to get involved and had no appetite to do so, so I guess the Allams.will charge what they like.
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| AP wouldn’t waste time in playing games. If he’s looking into it, it’s not just to use as a bargaining chip.
He’s very aware of the private equity deals available no doubt.
Whatever he’s doing seems to be from a point of view of safeguarding the long term future of the club.
Think we can safely say he’s “one of our own”
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Moderator | 8562 | Hull FC |
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| Quote Mrs Barista="Mrs Barista"Quote Mrs Barista="bishops finger"Don't you all think he's talking about a new stadium hoping to force the Allams into a better deal?'"
Yes I do, but I doubt it will have any impact. The council have had the opportunity in the past to get involved and had no appetite to do so, so I guess the Allams.will charge what they like.'"
I think while there will be a certain aspect of what AP has said will be to wake up people within the council I don’t think it it’s said without any substance.
He seemed quite honest about the prospect of the club having its own ground and pretty serious. As for the Allams I can’t see them wanting to fund the whole of the KCOMs cost should AP be successful with his pursuit of a club owned stadium. Do the Allams or rather Ehab have the appetite for it all if they are indeed selling City.
Maybe it would be a cheaper and more viable option long term to buy City?
I’m not sure the council will look forward to the prospect of possibly loosing a tenant of the stadium either.
It’s more than evident the stadium is certainly not used to its full potential almost as if the SMC has set out for the stadium to fail in an attempt to force the council into a deal.
It’s certainly a story that we won’t have heard the last of, I certainly don’t see it as just a stunt to try and get a better deal. If it were I’m sure he’d have had a photo taken holding an architects plan up of the stadium 
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| We tendered out for Electrical contractors a couple of years ago to do the electrics for a stadium on the Costello site
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Club Owner | 17576 | Hull FC |
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| Quote Chris71="Chris71"I think while there will be a certain aspect of what AP has said will be to wake up people within the council I don’t think it it’s said without any substance.
He seemed quite honest about the prospect of the club having its own ground and pretty serious. As for the Allams I can’t see them wanting to fund the whole of the KCOMs cost should AP be successful with his pursuit of a club owned stadium. Do the Allams or rather Ehab have the appetite for it all if they are indeed selling City.
Maybe it would be a cheaper and more viable option long term to buy City?
I’m not sure the council will look forward to the prospect of possibly loosing a tenant of the stadium either.
It’s more than evident the stadium is certainly not used to its full potential almost as if the SMC has set out for the stadium to fail in an attempt to force the council into a deal.
It’s certainly a story that we won’t have heard the last of, I certainly don’t see it as just a stunt to try and get a better deal. If it were I’m sure he’d have had a photo taken holding an architects plan up of the stadium
'"
Buying City may work in the short term as it gets rid of the ownership issues at the stadium and Pearson is popular amongst City fans...but the problem is Football finances have gone bonkers since he sold City. I doubt he'd have the finances to keep them any higher than League1 consistently, and after a while fans will want more and thats when things turn ugly at sports clubs.
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| Quote Wilde 3="Wilde 3"We tendered out for Electrical contractors a couple of years ago to do the electrics for a stadium on the Costello site'"
That got quite a long way before the issues with raising the cash scuppered it that was before the private equity craze. There is a lot on here about the council but although they own the Stadium they handed all the control and management solely to Stadium Management Company in exchange for the council having no responsibility for the upkeep and maintenance which is all on the SMC. The stadium was built with capital funding, but the authority just doesn't have the money in their revenue estimates to do all the upkeep so with the exception of being the owners of the place the council has no input whatsoever and the SMC do pretty much as they like till their lease is up.
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