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FORUMS > Hull FC > o/t Allams 'want to buy KC Stadium'
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Quote: Gordon Gekko "You could always ground share with Ionians
On the plus side.. at least all their stands are firmly fixed to the floor

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I would imagine some very robust covenants are attached to the KC, to prevent a sale to a private concern. The money from Kingston Communications was only released for capital projects so I doubt the legality of now taking a profit and applying that to cover any shortfall in the revenue account.

Mind you, given the previous of the incumbent government & Cllr Minge, they'd flog anything, that stood still long enough, to anyone with a promise of dosh.

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What Cod'ead said +

The legalities of selling an asset built for community benefit would no doubt result in endless court battles and possibly judicial review.

Furthermore, if this did go ahead I am not sure where we would play. Wouldn't want to stay at the KC, even if they allowed us to, and there is no obvious site or investor to pay for a new stadium.

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Quote: Gordon Gekko "You could always ground share with Ionians
Were do west hull play nowadays?

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Quote: Sheldon "Were do west hull play nowadays?'"

Francis Askew school site iirc

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Quote: Holty "Francis Askew school site iirc'"


Can it hold 14,000?

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We could always use the super stadium in the east of the city. icon_lol.gif

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For gods sake no no no no no no and no and no no no

At the least the SMC should be part sold so that City and FC both own a chunk of it.

If they buy it we will have a far heavier mill stone round out neck

As for 38k capacity, what a joke, that heap of dung cant muster 11k against a Premier League side

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Quote: old_faithful "On the plus side.. at least all their stands are firmly fixed to the floor'"
All one of em! c020.gif

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We could use the new council funded faciltity in the east

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Quote: Tavernred "All one of em!
Ive heard your looking at record crowd numbers for the forthcoming season. Hudgell says the 600 Willie Mason cut-outs should fill up that mobile stand nicely.

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I doubt very much that the Stadium could be sold, funding was secured from other sources (including Sport England) on the premise that it was a community facility. It makes no sense for the Council to sell it's only asset, and if it is, genuinely, "costing them money" it's their incompetence and nobody else's.

FWIW I do not want to see it sold, in fact I'd like to see the rules about the SMC tightened up so that it is not part and parcel of any one club, that way not only is justice being done (as I believe it already is) but importantly, it is SEEN to be being done.

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Quote: Standee "I doubt very much that the Stadium could be sold, funding was secured from other sources (including Sport England) on the premise that it was a community facility. It makes no sense for the Council to sell it's only asset, and if it is, genuinely, "costing them money" it's their incompetence and nobody else's.

FWIW I do not want to see it sold, in fact I'd like to see the rules about the SMC tightened up so that it is not part and parcel of any one club, that way not only is justice being done (as I believe it already is) but importantly, it is SEEN to be being done.'"


Spot on in every aspect.

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Quote: Standee "I doubt very much that the Stadium could be sold, funding was secured from other sources (including Sport England) on the premise that it was a community facility. It makes no sense for the Council to sell it's only asset, and if it is, genuinely, "costing them money" it's their incompetence and nobody else's.

FWIW I do not want to see it sold, in fact I'd like to see the rules about the SMC tightened up so that it is not part and parcel of any one club, that way not only is justice being done (as I believe it already is) but importantly, it is SEEN to be being done.'"


What he said

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Quote: Standee "I doubt very much that the Stadium could be sold, funding was secured from other sources (including Sport England) on the premise that it was a community facility. It makes no sense for the Council to sell it's only asset, and if it is, genuinely, "costing them money" it's their incompetence and nobody else's.

FWIW I do not want to see it sold, in fact I'd like to see the rules about the SMC tightened up so that it is not part and parcel of any one club, that way not only is justice being done (as I believe it already is) but importantly, it is SEEN to be being done.'"


Spot on Standee icon_thumb.gif

We have no need to worry about any proposed sale, I am very certain that when it was all set up there where lots of covenants put in place. As a major leaseholder of the KC our rights as tenants are guaranteed and NO ONE CAN KICK US OUT.

So sit back and laugh at them c015.gif

139 posts in 10 pages 
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Subscribe | Moderators: Admin, Kosh , Roland_R , Karen
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Subscribe | Moderators: Admin, Kosh , Roland_R , Karen



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