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Quote: hull smallears "icon_lol.gif would that not be the worst thing that could happen to fc. if an interdependent company ran the SMC and IF allams claims they subsidies fc by £300K a year wouldn't new company what that money back plus a bit of profit

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Quote: rebelrobin "kr will be fine i know i am new on this forum and i do like reading your views good or bad but everything we hear is rumour i will tell u what i heard, it will be done deal by 1st week july, the guy has huge links with hull and a kr fan and he wants to make kr able to compete with top 4 team so i guess we will see'"



Aaargghhh! Please tell us it isn't Tony Larvin icon_lol.gif

I read your comments on the HDM site and I think you need to bin your source Wayne Parker, who seems to lead many down the garden path.

I was chatting to Adrian Watts (HireBase) the other week and he said they were more than happy with sponsoring Rovers (not investing/buying) and he hopes to extend the present arrangement.

I was also chatting to another sponsor (he wouldn't be pleased if I named him or his company) after the Saints cup tie, and whilst he was offering the usual 'wait and see' rhetoric that seems to be the given in these circumstances, he did say of the five investors reportedly interested diussions have been mainly with one party; a consortium with very strong local connections. Apparently, they were given the VIP treatment a week last Wednesday - it would seem they weren't put off by Mike Smith's power point icon_eek.gif

In addition, he did (suggest) negotiations were at an advanced stage and that an announcement could well be imminent, and that they were all aware of the effect of May Day on certain OOC players (he mentioned Mickey Paea). Oh, he also said both Neil and Rob would be sponsors next season and shrugged his shoulders when I asked if they would remain on the Board.

Like everyone else, I will believe it when I read the official announcement, but until then let the rumour mill continue.

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Quote: Paul T - HKR "Aaargghhh! Please tell us it isn't Tony Larvin
Unfortunately Mr T this is about as accurate at the information you got when "talking" to O'Hara , Gleeson and the "Larvin consortium"..what IS been explored is the possibility of doing a Bradford Bulls...i.e remaining in SL yet setting up a new company, the difficulties this entails together with the new policies of the Inland Revenue and Customs and Excise with regards sporting clubs going "pop" to write off debts to them mean it may not be viable but there are certainly no knights with £15million coming in...

Of course if Hirebase can persuade their publicly listed owners the Grafton Group to shell out a few million all well and good however cannot see the shareholders going for it...

A crying shame the club has been so mismanaged , perhaps if we had never thrown away that 10 point lead with 10 to go in the 2009 quarter final we would have kicked on anyway...what might have been..

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Quote: Voltaire "Unfortunately Mr T this is about as accurate at the information you got when "talking" to O'Hara , Gleeson and the "Larvin consortium"..what IS been explored is the possibility of doing a Bradford Bulls...i.e remaining in SL yet setting up a new company, the difficulties this entails together with the new policies of the Inland Revenue and Customs and Excise with regards sporting clubs going "pop" to write off debts to them mean it may not be viable but there are certainly no knights with £15million coming in...

Of course if Hirebase can persuade their publicly listed owners the Grafton Group to shell out a few million all well and good however cannot see the shareholders going for it...

A crying shame the club has been so mismanaged , perhaps if we had never thrown away that 10 point lead with 10 to go in the 2009 quarter final we would have kicked on anyway...what might have been..'"


Given the way our debt is held/structured, that doesn't seem at all plausible. Our issue is ongoing losses, rather than accumulated debt, so 'doing a Bradford' would be pointless.

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Quote: Mild Rover "Given the way our debt is held/structured, that doesn't seem at all plausible. Our issue is ongoing losses, rather than accumulated debt, so 'doing a Bradford' would be pointless.'"


Don't know who told you that MR but the current pressure is not from Mr H or Mr C to recoup their dough or for servicing of long term debt but a pretty big sum to the revenue is casting a cloud...unfortunately the way Mr H engineered the clubs articles means that shareholders are no longer given full information as they once were otherwise perhaps things would have come to light much earlier...

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Quote: Voltaire "Don't know who told you that MR but the current pressure is not from Mr H or Mr C to recoup their dough or for servicing of long term debt but a pretty big sum to the revenue is casting a cloud...unfortunately the way Mr H engineered the clubs articles means that shareholders are no longer given full information as they once were otherwise perhaps things would have come to light much earlier...'"


That is at odds with the stated position, for which I can provide links, and also what I've heard (fwiw, as I can't back it up). But we're getting into speculation on commercially delicate matters, where we can't really go any further without sources on record.

Hull City thread has ended up a long way from home. I'll bump the investment from page 2.

97 posts in 7 pages 
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Subscribe | Moderators: Admin, R.B.A , Anakin Skywalker , Mild Rover
97 posts in 7 pages 
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Subscribe | Moderators: Admin, R.B.A , Anakin Skywalker , Mild Rover



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