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FORUMS > Hull FC > o/t Allams 'want to buy KC Stadium'
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Quote: jeffers#1 "living 70 miles away i dont read the daily mail(well from time to time on the net). I prosume that they would try and plug the hole that has been that the budget shortfall. Its only my opinion though as i dont claim to know the ins and outs of how councils fund things. Its a pity these people that decide where the cuts are to be dont look at themselves first. But that will never happen will it'"


Just to clear this up, once and for all.

A sale of an asset could NOT be used to generate income to plug any funding shortfall, it would be ringfenced in many ways for specific expenditure.

rlFrom the f'whits mouthrl

Quote: jeffers#1 "Coun Minns said a sale would not help the council's dire financial situation because Government accounting rules mean that capital receipts cannot be used to run services or pay wages.'"


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Quote: Standee "Just to clear this up, once and for all.

A sale of an asset could NOT be used to generate income to plug any funding shortfall, it would be ringfenced in many ways for specific expenditure.'"


But we are living in uncertain times and the public purse is close to breaking point. Perhaps a relaxation of these specific rules may be in order to aid short term cash flow and plug holes in this councils finances. I'm not saying they will, but it should certainly be looked at.

Seems pointless owning assests if they cannot be turned into cash and in this case the KC is not generating income for the council. Plus if they do sell it they will get income from the business rates. Everyone's a winner.

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Quote: Gordon Gekko "But we are living in uncertain times and the public purse is close to breaking point. Perhaps a relaxation of these specific rules may be in order to aid short term cash flow and plug holes in this councils finances. I'm not saying they will, but it should certainly be looked at.

Seems pointless owning assests if they cannot be turned into cash and in this case the KC is not generating income for the council. Plus if they do sell it they will get income from the business rates. Everyone's a winner.'"


Not a chance, and nor should it be, the Public Service is bloated and the cuts are completely warranted, it's just where the axe is falling that needs addressing.

Or do you want all assets in private hands?

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Quote: Standee "Not a chance, and nor should it be, the Public Service is bloated and the cuts are completely warranted, it's just where the axe is falling that needs addressing.

Or do you want all assets in private hands?'"


Never said that did i?? and i do agree public spending is ridiculously high, but if they sold the KC for say £40m, surely that money could be spent on fixing roads and improving other council facilities (and i don't mean CP either icon_wink.gif ).

What do the council get out of the KC, that they wouldn't if it were sold to the Allams??

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Quote: Gordon Gekko "Never said that did i?? and i do agree public spending is ridiculously high, but if they sold the KC for say £40m, surely that money could be spent on fixing roads and improving other council facilities (and i don't mean CP either
What do the council get out of Craven Park?

This is just wind and guff from politicians and the HDM!

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Quote: Standee "What do the council get out of Craven Park?

This is just wind and guff from politicians and the HDM!'"


Nothing, but thereagain i don't think anybody has expressed an interest in buying it.

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Quote: Gordon Gekko "Nothing, but thereagain i don't think anybody has expressed an interest in buying it.'"

Yet Craven Park is the only ground you have sold twice!

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Quote: kingston droolers "Yet Craven Park is the only ground you have sold twice!'"


Thanks for that input, useless as it was icon_lol.gif

Anyway back on topic. What do the council get out of owning the KC rather than selling it??

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Lets get one thing out in the open the vast majority of KR supporters are salivating and getting all moist because there is a chance they can get rid of our club once and for all.

There has been a long history of them attempting or plotting our demise over the years since the days of our merger and a failed attack by one of there chairmen. There have been other since and it would appear that there whole ambition would be the destruction of our club.

I know of not one instance where our club has taken any action against to the long term detriment to their club. I know some KR uspporters have even contacted there local city councillors urging them to agree the sale.

Sad ..................................

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Quote: Ian P "Lets get one thing out in the open the vast majority of KR supporters are salivating and getting all moist because there is a chance they can get rid of our club once and for all.

There has been a long history of them attempting or plotting our demise over the years since the days of our merger and a failed attack by one of there chairmen. There have been other since and it would appear that there whole ambition would be the destruction of our club.

I know of not one instance where our club has taken any action against to the long term detriment to their club. I know some KR uspporters have even contacted there local city councillors urging them to agree the sale.

Sad ..................................'"


Think you're just being a tad paranoid there Ian.

I think the vast majority of sensible fans (which excludes about 80% of those who post on here) don't want to see the end of either club. A situation has merely arisen where a private buyer has expressed an interest in buying a public asset, something which happens pretty much everyday of the week nationwide.

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Quote: Eric The Viking "This was never in doubt, Hull FC will remain tenants for as long as they please. The only problem for Hull will be having 12,000 people sat in a 38,000 seater stadium. The atmosphere will be mute.'"



But not as mute as 25,000 at one of City's fixtures.

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Quote: Gordon Gekko "A situation has merely arisen where a private buyer has expressed an interest in buying a public asset, something which happens pretty much everyday of the week nationwide.'"


Name two that have gone ahead in the last 12 months (and I mean comparable assets)

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Quote: Standee "Name two that have gone ahead in the last 12 months (and I mean comparable assets)'"


what ever happens it will not effect the tenure of FC at the stadium!!

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Quote: Ian P "Lets get one thing out in the open the vast majority of KR supporters are salivating and getting all moist because there is a chance they can get rid of our club once and for all.

There has been a long history of them attempting or plotting our demise over the years since the days of our merger and a failed attack by one of there chairmen. There have been other since and it would appear that there whole ambition would be the destruction of our club.

I know of not one instance where our club has taken any action against to the long term detriment to their club. I know some KR uspporters have even contacted there local city councillors urging them to agree the sale.

Sad ..................................'"





Absolute rubbish. I have many good friends who, along with their families, are Hull FC fans. Why would i want Hull to die when it would clearly upset them?
I am sure the over-riding majority of Robins are in the same position so dont tar us with the same brush with a few idiots who may, or may not, have contacted the Council on this issue.

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So just Bertie and Easty? Are they still alive btw haven't heard much of them.

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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