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| International Board Member | 17898 | Hull FC |
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| Oct 2003 | 22 years | |
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| Mar 2020 | Aug 2019 | LINK |
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| Quote Mrs Barista="Mrs Barista"This sort of explains it:
Footballer earns as much in week as Hull council has got for stadium
Published Date: 15 October 2010
By Rob Waugh
ONE Hull City footballer is paid as much in one week as the local council has received in eight years' lease payments after spending £46m to build the club's new stadium.
And the stark reality for Hull Council is that the deal it signed up to, after handing over the keys to the KC stadium runs for 50 years and is legally watertight.
Anxious to avoid any responsibility for running costs, the council handed control to a private company when the stadium opened in 2002 and agreed to a return based only on a small proportion of any profits made.
The results of the agreement were previously held in private council papers but can now be revealed after the Yorkshire Post obtained a number of internal documents, some provided under the Freedom of Information Act.
A copy of the lease agreed with the Superstadium Management Company (SMC) shows the council receiving a return of 5 per cent of net profits up to £1m, 7.5 per cent up to £1.5m and 10 per cent above £1.5m.
But with profit levels continually low or even non-existent, the total paid in the eight years since the stadium opened is £46,996.20.
Over the same time, Hull City's attendances and fortunes have soared, including promotion to the Premier League in 2008, and Hull FC rugby team have become one of Super League's best-supported clubs.
Returns to the council under the lease have, however, fallen. In the year of City's promotion, the lease delivered just £709 and a season of bumper crowds in the Premier League the following year only brought in £1,038.
The council could have opted to receive a straight rental payment from the teams using the stadium or one based on attendances. A briefing note prepared for the council's scrutiny committee says the closest comparable development is Manchester City's stadium, under which the council there agreed a deal based on gate receipts.
A council spokeswoman said, however, the relatively low status of Hull City and Hull FC nine years ago meant a guaranteed rental based on crowd figures was not considered viable at the time the lease was negotiated.
Terms were agreed by the council's stadium project special sub-committee in 2001 when the authority was Labour-run.
The SMC has been owned by the owners of Hull City throughout. Concern about returns under the lease have prompted councillors on the scrutiny committee to ask officers to examine the accounts and the lease.
But its members were told the deal is watertight and can only be altered by agreement. A briefing note earlier this year reveals the council has been discussing the possibility of developing land nearby which would open up a chance to increase returns.
The negligible return on a £46m asset is questionable enough but the council also agreed to pay the SMC a set annual rent of £72,500 to use office space at the stadium.
A council spokeswoman said it was considered a market rent at the time and the authority does have a break clause in 2012 which it is considering using to terminate the agreement.'"
Great. I guess the break clause wasn't used then. Is this 2017 thing thats mentioned the same? |
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| Club Coach | 29861 | No
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| Jul 2005 | 20 years | |
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| Apr 2025 | Feb 2025 | LINK |
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| Quote Chris28="Chris28"Great. I guess the break clause wasn't used then. Is this 2017 thing thats mentioned the same?'"
Don't know. The break clause read to me like it was the council office bit only, could be wrong, but they did vacate in 2012. |
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| Rank | Posts | Team |
| Club Coach | 1738 | Hull FC |
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| Jan 2005 | 20 years | |
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| Oct 2016 | Oct 2016 | LINK |
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| Quote Chris28="Chris28"Great. I guess the break clause wasn't used then. Is this 2017 thing thats mentioned the same?'"
The 2012 break clause was for the council offices they no longer have. |
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| Rank | Posts | Team |
| Club Coach | 1738 | Hull FC |
| Joined | Service | Reputation |
| Jan 2005 | 20 years | |
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| Oct 2016 | Oct 2016 | LINK |
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Ok question.
So far he's played everything pretty clever in a way, surely if he has come out in the press and broken confidentiality clauses he has to have a reason to have done so ??
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| Rank | Posts | Team |
| Moderator | 36786 | Hull FC |
| Joined | Service | Reputation |
| Jul 2003 | 22 years | |
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| Jan 2025 | May 2023 | LINK |
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| Quote The Dentist Wilf="The Dentist Wilf"I have checked that one out and as far as I understand it the shop and the offices are in the original lease and protected as our right to play there is.'"
He can't take the shop and offices away, but he can charge pretty much whatever he likes to rent them to us. |
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| Rank | Posts | Team |
| Moderator | 36786 | Hull FC |
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| Jul 2003 | 22 years | |
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| Jan 2025 | May 2023 | LINK |
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| Quote jacko1="jacko1"Ok question.
So far he's played everything pretty clever in a way, surely if he has come out in the press and broken confidentiality clauses he has to have a reason to have done so ??'"
Unless he goes into details about the lease I can't see what confidentiality clause he's broken. And that's assuming the clause doesn't only cover the tenants (us and City). |
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| Rank | Posts | Team |
| Moderator | 4040 | No
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| Apr 2004 | 21 years | |
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| Nov 2023 | Jun 2023 | LINK |
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| Quote cod'ead="cod'ead"I'm interested, how do you and pony685 work that out?'"
Mr Allam uses an emotive subject in order to draw criticism which then gives him a platform in order to get across (what he sees as) the bigger picture. The end target for him is clearly to get more money out of Hull FC and gain ownership of the Stadium. |
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| Rank | Posts | Team |
| Club Coach | 1746 | Hull FC |
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| Mar 2005 | 20 years | |
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| Feb 2025 | Jul 2017 | LINK |
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Any idea what the £500,000 claim is??
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| International Star | 36 | No
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| Feb 2013 | 12 years | |
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| Feb 2013 | Feb 2013 | LINK |
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| Quote R.B.A="R.B.A"Mr Allam uses an emotive subject in order to draw criticism which then gives him a platform in order to get across (what he sees as) the bigger picture. The end target for him is clearly to get more money out of Hull FC and gain ownership of the Stadium.'"
What he said |
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| Player Coach | 49 | No
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| Feb 2010 | 15 years | |
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| Mar 2023 | Mar 2016 | LINK |
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The hcc will never sell the stadium to him after this yes ge can make life diffucult but this is the fans step in and give it that much bad press he loses money next targeted we should becontactng is the sponsors of his
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| Rank | Posts | Team |
| International Star | 337 | No
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| Feb 2011 | 14 years | |
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| Oct 2016 | Oct 2016 | LINK |
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| Quote Kosh="Kosh"Allam can make it financially impossible for us to stay at the KC. There's enough wriggle-room in the lease agreement for him to do this. We have the right to play there and that's about it.
You'll have noticed that he's about to launch a £500,000 claim against the council. That may not sound like much but it's an indication of the way this is going right now.'"
When the SMC were making a profit the council received a nominal amount, it now seems that Mr Allam is asking the council to contribute to the losses. Would think that before the council hand over any money (very, very unlikely) a full audit of the books will be made. This man is very dangerous but one thing he isn't and that is bigger than our City. |
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| Player Coach | 7575 | No
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| Dec 2005 | 19 years | |
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| Apr 2025 | Feb 2025 | LINK |
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| Quote Kosh="Kosh"He can't take the shop and offices away, but he can charge pretty much whatever he likes to rent them to us.'"
The way it has been explained to me is that they are included with usuing the pitch and stadim on game day in what we get for our annual payment which is index linked and the 50% of gate receipts we give after 7200 people are in the Stadium. |
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