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Those who follow the path of the righteous: shall have their reward.:



Quote: Airlie Street "The last few concerts made a loss, that's why there hasn't been any more.'"

Down to appalling marketing. The best time for outdoor arena concerts is right in the middle of the RL season. So they would have to be timed just before a pitch refurb.. Not to mention a decent line-up,well hyped and publicised.

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'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.:d7dc4b20b2c2dd7b76ac6eac29d5604e_33809.png

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Quote: Chris28 "Why wouldn't it? Two companies pay rent for use of the stadium. One ceases to exist in your scenario. You really think the council and whoever is in charge of the SMC would allow us to keep paying the same rent? The stadium would end up looking like Boothferry Park did.'"


Tbf, I would assume your tenancy agreement is watertight. It might be a bit politically awkward if the council couldn't find somebody to take on stadium management, if the losses the Allams report are a fair reflection of the situation. End of the day, your agreement will be underwritten by the council, I imagine.
If the Allams do sell City, it'll be interesting to see if the new owners want the SMC too.
If one tenant was lost (unlikely, of course) then SMC costs would fall significantly too - there'd be less events to steward and what have you.

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BLACK AND WHITES East is East,West is West, and never the twain shall meet. -------------------------------- "I" said the sparrow "With my bow and arrow.":33934.gif



Quote: Airlie Street "Its not sad its embarrassing and people like you are the problem. You have a local football team, if your interested in football then you support them. There's no reason to be a Liverpool fan if your from Hull other than glory hunting, you might as well ditch FC and support the Rhinos instead.'"

Steady on!
As an aside I started following F.C. for the glory. icon_biggrin.gifANCE:

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I wish people like Simon Clark would stop calling him Dr Allam.I hope any features about Johnny Whiteley on Look North in the future will address him as Dr Whiteley in the interests of fairness

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Quote: Chris28 "Why wouldn't it? Two companies pay rent for use of the stadium. One ceases to exist in your scenario. You really think the council and whoever is in charge of the SMC would allow us to keep paying the same rent? The stadium would end up looking like Boothferry Park did.'"


What we need to worry more about is the fact he may sell the football club, but keep the SMC to try and get one over the new owners, ourselves and the Council.

ccs
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Is Hodgson the new Griffin, or is it all about pace?:



It seems Mr Allam is unhappy because the FA had the audacity to speak to others groups opposed to the idea...
Quote: The FA introduced a new policy to handle our application on the back of consultations with the City Till We Die group,
and we therefore feel that our application was already pre-judged,
""The FA introduced a new policy to handle our application on the back of consultations with the City Till We Die group,
and we therefore feel that our application was already pre-judged," the club statement continued.'"


Very OT...

Quote: The FA introduced a new policy to handle our application on the back of consultations with the City Till We Die group,
and we therefore feel that our application was already pre-judged,
"Hull City Council has agreed to spend £10,000 to become an associate partner for this year's British Open squash championship, which will be held at the KC Stadium in May'"


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Quote: Mick Cranes Sidestep "What we need to worry more about is the fact he may sell the football club, but keep the SMC to try and get one over the new owners, ourselves and the Council.'"


He can't. The agreement with the council provides that whoever owns Hull City also owns the SMC.

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Is Hodgson the new Griffin, or is it all about pace?:



Quote: Diogenes "The agreement with the council provides that whoever owns Hull City also owns the SMC.'"
I've not heard that one before - strange if true.

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As regards to the SMC, didnt Adam Pearson say that it never made a loss when he was in charge of it.

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Quote: Punos "As regards to the SMC, didnt Adam Pearson say that it never made a loss when he was in charge of it.'"


Allam wants it to make a loss, he uses it to avoid paying tax on his other businesses plus he scores cheap political points - a win-win for him.

Good to see Peter Levy and all the other speakers on Look North tonight referring to "Mr" Allam, with one sad exception - that pathetic brown-noser Simon Clark still using "Dr".

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Quote: Erik the not red "Allam wants it to make a loss, he uses it to avoid paying tax on his other businesses plus he scores cheap political points - a win-win for him.

Good to see Peter Levy and all the other speakers on Look North tonight referring to "Mr" Allam, with one sad exception - that pathetic brown-noser Simon Clark still using "Dr".'"


Just hope Clark remembers that Johnny Whiteley is as much as a Dr as allam is for future reference

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Quote: Punos "As regards to the SMC, didnt Adam Pearson say that it never made a loss when he was in charge of it.'"


thats true it made a profit every year under Pearson's stewardship. In Allam's defence (rare for me to stick up for him) a lot of the SMC's revenue used to be from corporate events and trade fairs etc which has really dropped off during the recession. But the other poster is most likely right when he suggests its a tax scam.

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Quote: UllFC "But the other poster is most likely right when he suggests its a tax scam.'"


The tax implications of Allam's ownership of the SMC and City have been covered in Private Eye - there has been no hint of any retraction or apology to the great philanthropist in subsequent editions.

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will mr allam recoup his £75 million, after all there is no stadium with the team and even selling all the players would probably only fetch £30 million.
or was he serious when he said the £40 million was a gift to the people of hull

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The poor man's bonaire:d7dc4b20b2c2dd7b76ac6eac29d5604e_32641.jpg



Who the hell would buy them if he put them on the market anyway? He's in it up to his eyeballs with little chance of getting his cash back

260 posts in 18 pages 
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