Looking at it purely as a maths problem, that part is [iplausible[/i. Because of City's bigger crowds, it could be that each City game with roughly an extra ~4k in attendance (above the 'goes free' threshold), generates an extra £30k or so for the SMC. If that gets the event to or close to breakeven, then it could be that each Hull FC game is losing the SMC £15k. But, of course, numbers can be lined up in different ways to tell different stories, and how compelling they seem mostly depends on your POV. The Johnny Whitely issue is nice and straight forward - this looks like a can of worms for somebody, and it isn't clear who yet.

With a local press that seems unable or unwilling to ask all the difficult questions to try and fill in the gaps it leaves Allam to peddle his one eyed view of the situation.

Di I read correctly ? a Mortgage on the Stadium for £3.2 million was it ? who took that out , the Council ?

Can we start putting houses/hotel on the site like in Monopoly to raise revenue ? ...oh hang on a minute

just been to the stadium for St helens tickets and just just been passed the skateboard park back of the arena and its now a dump ( who looks after that) and also some one in a earlier post comment about hull city player andy Dawson posters been up on the outside of the stadium they aint any but was and now just hull city poster offering cheap hull city shirts

It's given me a great business idea has this,i'll start charging my employees £2 for every cup of tea and coffee they have,if they argue i'll say it's fair and i'll put £2 in the tin for every one i have,you can't say fairer than that.

I do recall Bartlett obtaining a mortgage against Citys user agreement with Barclays for c£3.5 mill

might had been Paul duffen so he could give Jimmy bullard his wages

Some form of (peaceful) protest needs to made at the Saints game to keep this at the front of people's minds. It will be on the radio so some clean chanting ("One Johnny Whiteley" ? etc) might be a good idea.

Just because we have a game, we shouldn't forget about this. Support the team and raise awareness of how petty the SMC are being

So in other words this cost was part of buying City and nothing to do with the stadium whatsoever?

If only some responsible journalist had bothered to investigate the claims made in the press release instead of just printing it without challenge.

Indeed, but then HDM don't "do" journalism, they just do fellation and onanism.

couple of things

Why don't Allams just return the smc to the council if its losing so much money?
suing the council wont solve anything

How could Bartlett take a loan out against the kc? they only rent it. obviously I must be missing something

That statement by Allem puts Hull City AFC in a very good light as he states that they have coughed up everything requested by the SMC without any objection.

If the SMC was run by an independant would he be so obliging??

If another person was owner of Hull City and Allems had the SMC, would the Hull City owners be willing to pay up on the 'accountancy changes' without protest?

The problem for us is that he's painting us as the bad guy in the eyes of the public....a very dangerous man indeed. The HCC need to get a hold of those accounts asap.

If it is losing money in fact as well as on paper, and at least some of the SMC press release is an accurate reflection, then the council won't want it. There's a general assumption that taking the stadium back is a threat and offers leverage, but there is a possiblity that it works in the other direction. If he's behaving rationally, then Allam must, IMO, think that is the case. Otherwise, if it is potentially a little gold mine or even simply doesn't carry much risk, the council could 'generously' offer to unburden him.

the Council don't have a pair of gonads between them, gravy train, simple as that.

Dont get peoples dejection. Hes making the council out to be a load of useless numpties. Thats hardly gonna go down well in his quest for ownership of the KC is it