FORUMS > Hull KR > Change of ownership..? |
![](images/sitelogos/2022-59.jpg) |
|
Rank | Posts | Team |
Player Coach | 29769 | No Team Selected |
Joined | Service | Reputation |
Jul 2005 | 19 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| Quote: Sandra The Terrorist "Looks like a banishing from another World for the OP to me.'"
I wonder what the banning criteria are from the HDM comments section? Some weird stuff on there. Slammer could be our man with the inside track, but the server seems to be down.
|
|
|
|
Rank | Posts | Team |
Player Coach | 2219 | No Team Selected |
Joined | Service | Reputation |
Jul 2008 | 16 years | |
Online | Last Post | Last Page |
Jul 2020 | Jun 2020 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
40240.jpg [url:1yligwxm]https://freesolicitoradvice.co.uk/[/url:1yligwxm]:40240.jpg |
|
| Quote: Mrs Barista "I wonder what the banning criteria are from the HDM comments section? Some weird stuff on there. Slammer could be our man with the inside track, but the server seems to be down.'"
More interested in our woman with the inside track - or is it inside rumour?
|
|
|
|
Rank | Posts | Team |
Player Coach | 2255 | No Team Selected |
Joined | Service | Reputation |
Aug 2008 | 16 years | |
Online | Last Post | Last Page |
Aug 2016 | Mar 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
40717_1310644052.gif [quote="EL CAMO":fjdx2oe5]The majority of fans at Craven Park...are idiots who know nothing about the game.[/quote:fjdx2oe5]:d7dc4b20b2c2dd7b76ac6eac29d5604e_40717.gif |
|
| Quote: Mrs Barista "Surely the merged club will be playing at Craven Park? The liability on the stand is "only" £2mish, isn't it?'"
There is no liability... The council have taken on ALL risk... If Rovers don't pay, the taxpayer does!!
|
|
|
|
Rank | Posts | Team |
Player Coach | 8741 | ![](images/sitelogos/fullsize/59.png) |
Joined | Service | Reputation |
Sep 2005 | 19 years | |
Online | Last Post | Last Page |
Dec 2023 | May 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| Quote: FC Wembley 08 "There is no liability... The council have taken on ALL risk... If Rovers don't pay, the taxpayer does!!'"
If Rovers don't pay what?
|
|
|
|
|
Rank | Posts | Team |
Player Coach | 29769 | No Team Selected |
Joined | Service | Reputation |
Jul 2005 | 19 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| Quote: Basil Fawlty "More interested in our woman with the inside track - or is it inside rumour?'"
It says on the unofficial board that the rumour is "all over the city". Just thought it was worth asking whether anyone had heard it.
|
|
|
|
Rank | Posts | Team |
Player Coach | 29769 | No Team Selected |
Joined | Service | Reputation |
Jul 2005 | 19 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| Quote: SirStan "If Rovers don't pay what?'"
Their loan instalments on £2m for the stand, Stanley. Do keep up.
|
|
|
|
|
Rank | Posts | Team |
Player Coach | 2255 | No Team Selected |
Joined | Service | Reputation |
Aug 2008 | 16 years | |
Online | Last Post | Last Page |
Aug 2016 | Mar 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
40717_1310644052.gif [quote="EL CAMO":fjdx2oe5]The majority of fans at Craven Park...are idiots who know nothing about the game.[/quote:fjdx2oe5]:d7dc4b20b2c2dd7b76ac6eac29d5604e_40717.gif |
|
| Quote: SirStan "If Rovers don't pay what?'"
Their loan of course!!
|
|
|
|
Rank | Posts | Team |
International Star | 127 | ![](images/sitelogos/fullsize/130.png) |
Joined | Service | Reputation |
Apr 2011 | 13 years | |
Online | Last Post | Last Page |
Oct 2015 | Sep 2015 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
Black Backgrounds/Fozzie%20Bear.gif :Black Backgrounds/Fozzie%20Bear.gif |
|
| Quote: Mrs Barista "It says on the unofficial board that the rumour is "all over the city". Just thought it was worth asking whether anyone had heard it.'"
Was told by a Hull fan at the gym i go to last night that a sale had gone through yesterday,Dont think it will result in a merger from what i have heard,all rumour of course.
|
|
|
|
|
Rank | Posts | Team |
Player Coach | 8741 | ![](images/sitelogos/fullsize/59.png) |
Joined | Service | Reputation |
Sep 2005 | 19 years | |
Online | Last Post | Last Page |
Dec 2023 | May 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| Of course. Please can you give me a breakdown of liabilities between Rovers and the other partners sharing the facility. Keep it brief, just bullet points.
|
|
|
|
Rank | Posts | Team |
Player Coach | 2255 | No Team Selected |
Joined | Service | Reputation |
Aug 2008 | 16 years | |
Online | Last Post | Last Page |
Aug 2016 | Mar 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
40717_1310644052.gif [quote="EL CAMO":fjdx2oe5]The majority of fans at Craven Park...are idiots who know nothing about the game.[/quote:fjdx2oe5]:d7dc4b20b2c2dd7b76ac6eac29d5604e_40717.gif |
|
| Quote: SirStan "Of course. Please can you give me a breakdown of liabilities between Rovers and the other partners sharing the facility. Keep it brief, just bullet points.'"
•Hull City Council
|
|
|
|
Rank | Posts | Team |
Player Coach | 29769 | No Team Selected |
Joined | Service | Reputation |
Jul 2005 | 19 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| Quote: SirStan "Of course. Please can you give me a breakdown of liabilities between Rovers and the other partners sharing the facility. Keep it brief, just bullet points.'"
Of course.
Cost was originally estimated at a total of £6.5million with anticipated split of £4.2million from Hull City Council via prudential borrowing and £2.3million from European Regional Development Fund (ERDF). Of the total cost of £6.5m, the stand, ineligible for ERDF funding, quoted as £1,857,360. Rovers to pay this back to the council, with the other occupants, i think these were Hull Training and another Enterprise support entity, paying the balance. This was on the basis of the original submission though. We then learnt that the costs had increased to £8m I think. The Council underwrote the whole lot in case of default by any of the parties involved.
|
|
|
|
Rank | Posts | Team |
Player Coach | 8741 | ![](images/sitelogos/fullsize/59.png) |
Joined | Service | Reputation |
Sep 2005 | 19 years | |
Online | Last Post | Last Page |
Dec 2023 | May 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| That doesn't answer my question. Who are the partners, and what is the breakdown of the mortgage between all involved? Is £2M Rovers share?. What are the repayment terms?
|
|
|
|
Rank | Posts | Team |
Player Coach | 30103 | ![](images/sitelogos/fullsize/34.png) |
Joined | Service | Reputation |
Mar 2007 | 17 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
32641_1503834456.jpg The poor man's bonaire:d7dc4b20b2c2dd7b76ac6eac29d5604e_32641.jpg |
|
| Been told that this is true. Can't see it myself
|
|
|
|
Rank | Posts | Team |
Player Coach | 29769 | No Team Selected |
Joined | Service | Reputation |
Jul 2005 | 19 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| Quote: SirStan "That doesn't answer my question. Who are the partners, and what is the breakdown of the mortgage between all involved? Is £2M Rovers share?. What are the repayment terms?'"
It pretty much does. The council have taken out the loan. Three parties will pay them back; Rovers, who will pay be cost of the stand, quoted as £1.9m, plus interest. Hull Training and an undetermined enterprise support entity will repay the balance. The specific terms have not been published as far as I'm aware but typically are over 30 years at a rate of interest around 3%.
|
|
|
|
Rank | Posts | Team |
Player Coach | 5659 | ![](images/sitelogos/fullsize/34.png) |
Joined | Service | Reputation |
Mar 2007 | 17 years | |
Online | Last Post | Last Page |
Aug 2024 | Feb 2023 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
32444_1318716838.jpg [quote="Philip Larkin":2lhqd089]
There ain’t no music
East side of this city
That’s mellow like mine is,
That’s mellow like mine.
[/quote:2lhqd089]:d7dc4b20b2c2dd7b76ac6eac29d5604e_32444.jpg |
|
| Quote: Mrs Barista "Of course.
Cost was originally estimated at a total of £6.5million with anticipated split of £4.2million from Hull City Council via prudential borrowing and £2.3million from European Regional Development Fund (ERDF). Of the total cost of £6.5m, the stand, ineligible for ERDF funding, quoted as £1,857,360. Rovers to pay this back to the council, with the other occupants, i think these were Hull Training and another Enterprise support entity, paying the balance. This was on the basis of the original submission though. We then learnt that the costs had increased to £8m I think. The Council underwrote the whole lot in case of default by any of the parties involved.'"
Hull Training are a Council run organisation that's pretty much non-income making. They train underprivileged kids for work. Some of the training facilities cater for the public and a small amount of income is generated from these outlets. Essentially, Hull City Council will be paying Hull Training's share of the loan.
So that's Hull City Council, Rovers, Hull City Council and the other Enterprise support facility paying back the £2M-ish. Anyone know what the latter is, or is it really Hull City Council again?
|
|
|
![](images/sitelogos/2022-59.jpg) |
|
![](images/sitelogos/2022-59.jpg) |