FORUMS > Hull FC > DoR - New Coach - Investor & Adam - New signings |
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| I know what everyone asking now firstly what are the Christmas jumpers like and secondly
What Is an Exclusivity Period?
An exclusivity period, also known as a “no-shop” period, is an agreement between a seller and a buyer wherein the seller agrees to negotiate exclusively with a single buyer and not entertain discussions or negotiations with other potential buyers during such period. This period is usually negotiated and agreed upon by both parties in a letter of intent. There are various contextual factors that go into determining the length of an exclusivity period, but buyers generally prefer longer periods, while sellers typically want no or short exclusivity periods.
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| Only just seen this, what great news. Let's hope it's the start of a new era for the club with a true "power board" (Unless we have bought some development land I'm not aware of and they're only here to get what they can out of that?).
I do feel the criticism of pearson is a bit OTT. He's made mistakes but I've never doubted his commitment to the club. He's been naïve and made some poor decisions but he's also put in a large chunk of his personal wealth and backed coaches, particularly radford, with plenty of cash. Didn't we pay a big fee for westerman in his early years of ownership?
He just never really had the cash needed once covid hit.
It should certainly put a different spin on tonight. Tickets were all gone when I tried to get one but will listen in with interest
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| Great news. Bet we don’t hear much about “the power board” for while.
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| Well as we’ve all known for long enough things were in motion behind the scenes and Thirkell hotly rumoured, I don’t think anyone could have envisaged such a huge change.
Whilst a combined wealth of over £500M does not mean they have cash readily available we are certainly now moving on to some very solid foundations financially.
With the news of the takeover and the arrival of Cartwright we should finally be on the right road to getting the club back challenging in the next couple of years.
I know many are glad to see the back of AP but I do think we owe him so much, yes he made a few mistakes but I haven’t seen many owners who have single handedly run a club.
Without him I do not think it’s wrong to say we might not have been here. He’s also ensured the club looks to be in very capable hands of people who have not only money/financial clout but more importantly are fans and supported of the great game we all love.
Certainly interesting and exciting times ahead for the club and us all following Hull FC and sheer panic across the border as the rovers fans take in the news.
Think it’s also an important and great thing for the game too. Reckon there’ll be a few Loiners fans asking why he wasn’t able to invest in Leeds.
Again a great day to be a Hull fan as times ahead look very promising.
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| Quote: The Dentist Wilf "I know what everyone asking now firstly what are the Christmas jumpers like and secondly
What Is an Exclusivity Period?
An exclusivity period, also known as a “no-shop” period, is an agreement between a seller and a buyer wherein the seller agrees to negotiate exclusively with a single buyer and not entertain discussions or negotiations with other potential buyers during such period. This period is usually negotiated and agreed upon by both parties in a letter of intent. There are various contextual factors that go into determining the length of an exclusivity period, but buyers generally prefer longer periods, while sellers typically want no or short exclusivity periods.'"
I'm sure all of the other potential investors are spitting feathers
It normally means there is an agreement in place, possibly a memorandum of understanding and just the legal side to be finalised. I'd expect the new owners have done their due diligence or the announcement wouldn't have been made yet
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| Great news for the great club and the long suffering fans of which I'm a member, I don't know how AP got us through the covid era, I do hope his debts have been repaid and he can leave the club with his head held high, gave me two of the greatest days of my life.
Onto the new owners both clearly know what they are doing and the potential of FC, bring on the new season
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| WE ARE BACK!!!!
Another GRAND FINAL before a lot of us kick the bucket would be class.
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| Quote: DiggerHFC "Great news for the great club and the long suffering fans of which I'm a member, I don't know how AP got us through the covid era, I do hope his debts have been repaid and he can leave the club with his head held high, gave me two of the greatest days of my life.
Onto the new owners both clearly know what they are doing and the potential of FC, bring on the new season'"
Fantastic news for us all and really good to see some credit to AP who like him or not has really gone through it lately
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| Wow! Wasn't expecting that.
100% takeover, like most,.I was thinking 49% investment at best
Got to thank AP for everything, even though towards the end has tarnished his era a bit. But still thank you AP
Seen talk about a new stadium out own stadium...wouldn't that be amazing. Probably the only way that the new owners could really earn any real money
Funnily enough, I heard today that HCC are looking at and happily so, selling the MKM, west park,.Walton street.etc to the Hull City owner, who has huge plans for the area (sounds a lot like allams) with one small sticking point atm, which is a building / plot of land on there that HCC don't own (yet)
Plenty of space on that vast area for a smaller stadium...rather than looking at Costello or birds eye site...just a thought
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| Wowzers
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| Great news
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| Brilliant news for the club and the fans, with some proper investment on board hopefully we'll start to work our way back to the top.
Also thank you to AP for helping deliver 2 of the best days in my life and for also guiding the club through covid I can't imagine the stress, worry and sleepless nights he'd have endured throughout.
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| Quote: Chris71 "
Certainly interesting and exciting times ahead for the club and us all following Hull FC and sheer panic across the border as the rovers fans take in the news.
.'"
There's already a "who has the richest power board" argument going on (it's us BTW)
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| Quote: Yippee try yay "Brilliant news for the club and the fans, with some proper investment on board hopefully we'll start to work our way back to the top.
Also thank you to AP for helping deliver 2 of the best days in my life and for also guiding the club through covid I can't imagine the stress, worry and sleepless nights he'd have endured throughout.'"
At the forum tonight It'll be fitting if someone pays tribute to him for the pivotal part he has played in our recent history.
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