Speaking of rent agreements, the other week when Assem Allam was looking to buy the KC stadium, he told 'Smack my bitch up Burnsey' that he could happily stay with the current rent agreement which was in his words "only a few thousand a year". When City and Hull moved in, I can remember the term peppercorn rent being thrown around and that both clubs would pay a small amount per season for the first few years, well it's almost ten years now, so the question is when is the council going to charge the going rate for playing in such a facility rather than "just a few thousand a year?"

My guess is that there is a Rent review whenever Rovers develop on the land. A new agreement will be in place to cover the East and North developments but a stumbling block has been reached with the development earmarked for the South/East corner that will stretch out to the training ground.
Mr Allam has offered Rovers use of some facilities at the KC that would have been incorporated into the development. All just a guess mind.

Absolute garbage. SMC accounts show SMC gets over a million a year rental income from City. I think you're confused. Peppercorn rental is however the correct term for the lease on Craven Park.

IIRC HDM ran an article backing up what the "oh yes" dog has just said.

So is Mr Allam confused? Because I heard him say exactly the same thing

you read any of his interiviews, hes as mad as a hatter

Talking about the profit, you numpty. It costs the SMC a lot of money to run the KC. The tenants pay the SMC rental, over a million quid in City's case, don't know what ours is as we're not a related party to the SMC in the same way City are but it's a commercial rent and reported to be hundreds of thousands. The £2.50 a week or whatever is the difference between the rental income the SMC get from the tenants and stadium sponsors and the costs of maintainance, licenses, stewarding etc. Both tenants pay a commercial rent, not a peppercorn one like some afforded more preferential terms by the council.

The SMC may get over a million quid a year from City in but how much of that will be to cover stewarding, staff etc as opposed to Stadium rental ? Same applies for Hull FC. It would be interesting to see how it was all broken down.
The actual figure for purely renting the Stadium may be, as Allam stated, just a few thousand pounds.

They guy's a nutter. £1m a year is probably loose change to him. From the SMC's audited accounts:
The directors consider The Hull City Association Football Club (Tigers) Limited to be a related party by virtue of common control. A summary of the aggregate transactions that have been undertaken by Superstadium Management Company Limited and the related party are:
Rental Income £1,254,047.

Calm down, only repeating what the man said. Just makes you wonder how small the rent is for both clubs after his comment. No wonder Rule jumps up and down claiming a small profit year after year when the club is paying next to fook all in rent to play at the KC.

Rent goes up shocker!!!

Anyone seen the blooming fuel prices? Completely out of order think we should do something about it!

While we're at it tins of beans have gone up some brands have even trippled in price. Protests are in order!

Sheesh if Rovers rent goes up for whatever reason what do you planktons expect Hull KR fans to do about it? The club will factor it in and then charge Hull FC fans more to get in on derby day...simples!

That means wel probably only make an extra tenner then they only bring about 5 fans at most now, what with fuel prices gone up has a knock on effect on the price of they're bus passes