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| Quote ="bishops finger"It's a brave move to come in and take over knowing how much the club loses every year IMO'"
And in the context that the current regime has I think taken the business from neutral in net assets terms to net liabilities of -£2.8m. as has been suggested on here before, much of what's owed to directors you'd think would be written off by them, so it will come down to future cash flow projections and confidence therein. Assuming you hit 7k passes target again, this will be a good barometer of fan engagement. Whoever comes in, if they are going to take the club forward (ie step on aspects requiring improvement) would need to have the appetite to invest in areas like the academy as well as getting squad spend back to full cap. Seen it mentioned that the MS3 director could well be the man for the job.
The other aspect is control. If someone else is holding the purse-strings, would they want Hudgell to still be making the calls as chairman? He's been pretty hands-on, would be hard for him to relinquish control, although obviously Mike Smith has been fulfilling the CEO role for some time.
Interesting timing of this announcement with 2 new signings still to be announced. Completion before season pass deadline?
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| Quote ="gingerspice"Thanks GR I'm pretty useless at downloading stuff so I'm still waiting for my apology from stan for saying I talk poop
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Only kept you waiting 8 mins dear!
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| Quote ="Mrs Barista"And in the context that the current regime has I think taken the business from neutral in net assets terms to net liabilities of -£2.8m. as has been suggested on here before, much of what's owed to directors you'd think would be written off by them, so it will come down to future cash flow projections and confidence therein. Assuming you hit 7k passes target again, this will be a good barometer of fan engagement. Whoever comes in, if they are going to take the club forward (ie step on aspects requiring improvement) would need to have the appetite to invest in areas like the academy as well as getting squad spend back to full cap. Seen it mentioned that the MS3 director could well be the man for the job.
The other aspect is control. If someone else is holding the purse-strings, would they want Hudgell to still be making the calls as chairman? He's been pretty hands-on, would be hard for him to relinquish control, although obviously [uMike Smith has been fulfilling the CEO role for some time.[/u
Interesting timing of this announcement with 2 new signings still to be announced. Completion before season pass deadline?'"
Has he?
Can someone tell Mike please.
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| I hope for your sakes it's not Allam. When he took over City he was asked about rugby and he said words along the lines of "How can I favour one rugby club over the other". Not to be trusted imo.
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| Quote ="Sandra The Terrorist"It's just gone noon,
Half past monsoon...'"
Complete & Utter
Nightboat to (Omari) Caro...classic
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| Quote ="Gerrum on side ref"Complete & Utter
Nightboat to (Omari) Caro...classic'"
Zing!
Quote ="Mrs Barista"with 2 new signings still to be announced. '"
I'm not saying it hasn't, but when was this mentioned?
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| Quote ="Chris28"I hope for your sakes it's not Allam. When he took over City he was asked about rugby and he said words along the lines of "How can I favour one rugby club over the other". Not to be trusted imo.'"
Since then he's given Rovers £1m and sacked Adam Pearson.
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| Maybe I'm mad but I wouldn't mind the Allams coming in, as long as they get the surrounding land to do there sports complex stuff ( keep them happy ) I reckon they'd soon have a south stand up because they wouldn't want the stadium making there sports complex looking (too) shabby.
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| Quote ="Chris28"I hope for your sakes it's not Allam. When he took over City he was asked about rugby and he said words along the lines of "How can I favour one rugby club over the other". Not to be trusted imo.'"
Radio Humberside reported at noon "it isn't a take over but major investment"
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| Quote ="Chris28"I hope for your sakes it's not Allam. When he took over City he was asked about rugby and he said words along the lines of "How can I favour one rugby club over the other". Not to be trusted imo.'"
According to the mail its not the Allams, though time will tell.
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| It is the Allams, they only want Rovers to get one over Pearson. Not the best reason to but a club. They will buy Rovers then spoil every deal Pearson has until he cannot carry on then they will take Hull off his hands. Then everyone knows what will come next
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| was the euro jackpot won ?
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| Quote ="Hullandproud"It is the Allams, they only want Rovers to get one over Pearson. Not the best reason to but a club. They will buy Rovers then spoil every deal Pearson has until he cannot carry on then they will take Hull off his hands. Then everyone knows what will come next'" Another FC fan that knows everything there is to know about HKR.
Interesting[size=10Not.[/size
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| Quote ="Anakin Skywalker"Another FC fan that knows everything there is to know about HKR.
Interesting[size=10Not.[/size'"
We'll see
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| Quote ="eastul105"was the euro jackpot won ?'"
No
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| Quote ="Hullandproud"We'll see'" We can all see already.
You make stuff up.
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| Quote ="Hullandproud"It is the Allams, they only want Rovers to get one over Pearson. Not the best reason to but a club. They will buy Rovers then spoil every deal Pearson has until he cannot carry on then they will take Hull off his hands. Then everyone knows what will come next'"
Stop panicking, its not the Allams.
Also , isnt your jealousy a little premature ?
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| Quote ="chesterwednesday"Stop panicking, its not the Allams.
Also , isnt your jealousy a little premature ?'"
All I am saying is the Allam's are the last people you want buying your club
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| Quote ="Hullandproud"It is the Allams, they only want Rovers to get one over Pearson. Not the best reason to but a club. They will buy Rovers then spoil every deal Pearson has until he cannot carry on then they will take Hull off his hands. Then everyone knows what will come next'"
He will close Hull down!!!!.
Seriously though, i think your imagination is running a little ahead of yourself here, The Allams may not be on good terms with Pearson but i dont think they would need to buy Rovers out just to get one over him, there would be easier ways and less costly.
So, unless you know more than anyone else including the HDM on this issue, or untill a statement is forthcoming from the club stipulating who it is for definate, we will have to assume it is not the Allams at this moment in time.
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| Quote ="Anakin Skywalker"Another FC fan that knows everything there is to know about HKR.
Interesting[size=10Not.[/size'"
Depends who your contacts are
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| Quote ="Hullandproud"It is the Allams, they only want Rovers to get one over Pearson. Not the best reason to but a club. They will buy Rovers then spoil every deal Pearson has until he cannot carry on then they will take Hull off his hands. Then everyone knows what will come next'"
This is one of the funniest things I have ever read on here. You should go on tour.
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| Mike Smith CEO, is on Sportstalk tonight to clarify everything. specifically whether the rumoured £750,000 cash injection and ongoing underwriting to full cap is true. Well, he might not go that far, but I'm sure we'll know a lot more by 7pm.
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| Quote ="Hullandproud"Depends who your contacts are'"
Keep going pet lamb, you're doing well.
Number of posters so far convinced... None.
Good strike rate that.
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| Quote ="Hullandproud"Depends who your contacts are'"
Yours more than likely aren't from Specsavers though....
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| I don't believe it is the Allams. They already have one loss-making venture in Hull City and don't need another. They have pumped millions into City and now income is decreasing due to lower attendances this season, hence the cost-cutting and redundancies there. Assam Allam is far too shrewd a businessman to buy Rovers just to get one over on Adam Pearson.
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