FORUMS > Hull FC > Imminent name change |
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| City also get about £45m from the premier league and around £10m in gate receipts.
I guess that won't even cover the wages!
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| Quote: easthull fc fan "Haven't read all the posts, but just seen him on sky sports saying if he can't change the name or the FA knock him back he's off!'"
He also said, if he didnt get the freehold of the KC he'd move the football club to Melton.
He didn't do that either
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| Does he think the FA will base their decision on his phoney threats. The guy really is showing his true colours.
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| Quote: Mrs Barista "Anyone know how Allam's "wealth" is calculated, ie his Sunday Times rich list value?
The consolidated accounts of Allamhouse Limited which includesrlThis siterl shows lots of company (and people) details. You might need to register.
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| I seriously fail to see how he can walk away. The losses City have inccured will have come at a price. I suspect that they are being covered by a "loan" from the good Dr. This will be a loan at a nice rate of interest and one that potential new investors will have to cover. Now he could walk away as promised and leave a massive debt or he could walk away and leave himself millions out of pocket. I suspect (can't think why) that he will not leave with his pockets empty.
Now look at HCAFC as a business. They have next to no assets other than the playing squad. They have no ground to sell. They have in effect got very little. Their position in the PL is far from secure. Ignore their position (currently 10th) they are just 5 points (two losses) from the relegation trap door. Ok GD is reasonable but a quick loss of form and confidence and they will be deep in the mire.
For me its all bluster from Allam and one that makes him look stupid to put it mildly. Its not his club at all. He is simply servicing the debt at the moment a debt that as I say will not be effecting his pockets in the long term.
I on the other hand am simply as the predicted fall out is starting to happen. City fans can not say they were not warned by any self respecting HFC fan. I just hope they have a club to support when it all calms down.
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| Quote: Graham Richards "I seriously fail to see how he can walk away. The losses City have inccured will have come at a price. I suspect that they are being covered by a "loan" from the good Dr. This will be a loan at a nice rate of interest and one that potential new investors will have to cover. Now he could walk away as promised and leave a massive debt or he could walk away and leave himself millions out of pocket. I suspect (can't think why) that he will not leave with his pockets empty.
Now look at HCAFC as a business. They have next to no assets other than the playing squad. They have no ground to sell. They have in effect got very little. Their position in the PL is far from secure. Ignore their position (currently 10th) they are just 5 points (two losses) from the relegation trap door. Ok GD is reasonable but a quick loss of form and confidence and they will be deep in the mire.
For me its all bluster from Allam and one that makes him look stupid to put it mildly. Its not his club at all. He is simply servicing the debt at the moment a debt that as I say will not be effecting his pockets in the long term.
I on the other hand am simply
Good post well summed up.
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| I doubt you'd ever get Richard Branson or Bill Gates saying "my business decisions cannot be questioned", they probably actively welcome counter opinions and ideas, which is why he's worth quite a few quid (in comparative terms) and those individuals are worth billions.
Confidence and Self-Belief are great traits in business, blind arrogance and stubbornness are not.
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| I heard today that Mr Allam charged life for a kid charity £1600 to fix the door on hull city's changing room as someone broke it at last friday nights boxing, apparently it was a lock & one hinge, what an utter 2@ he is! its a charity how much money does he think they make.
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| i would be a bit careful with allegations like the above on here, especially if they are not true.
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| Quote: the artist "i would be a bit careful with allegations like the above on here, especially if they are not true.'"
I would not have put it if it was not true.
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| Quote: easthull fc fan "I would not have put it if it was not true.'"
fair enough then, it was just the way you worded it - 'i heard today' that made me think it was a rumour. can't see the hull mail running this as a story they seem to be in their 'love in' phase with him at the moment
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| Quote: the artist "fair enough then, it was just the way you worded it - 'i heard today' that made me think it was a rumour. can't see the hull mail running this as a story they seem to be in their 'love in' phase with him at the moment'"
It is a ridiculous amount of money to charge hoggy's charity for a repair on a changing room door, its a kids charity that money could help a family in need for weeks that they help, i know its out of order whoever caused the damage but £1600 Allam makes my shoite itch!
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| And don't mention the stadium's emergency light system 'repair' bill.
I've just mentioned it once, but I think I got away with it.
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