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| Interesting to hear about the owner of Hull City dropping a casual £1m into KR, seems a little weird that he has now decided to do it.
KR are building a new stand but it says that he is looking to players and facilities.
Thoughts?
[urlhttp://www.sportinglife.com/rugbyleague/news/story_get.cgi?STORY_NAME=rleague/11/05/17/RUGBYL_Hull_KR.html&BID=480[/url
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| Strange that he has gone for KR and not FC who share the same ground.
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| Quote ="dids858"Strange that he has gone for KR and not FC who share the same ground.'"
The ground share has nothing to do with the clubs though. It's a council run stadium for the teams in the city of Hull and from what I remember Hull KR were offered tenancy too, only to turn it down.
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| The Allams will buy the KC (eventually) and plan to invest heavily including redevelopment, training facilities etc, FC will benefit.
It seems they want to appear fair so have thrown KR a cheeky million. Good news for Rovers and surly anyone pumping money into Rugby League has got to be a good thing.
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| Agreed, not a shareholder, not after anything it seems like he's putting money in for the good of city.
Good thing, wish we had more of this!
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| Expensive ticket that, cost me £13.77 to go on Sunday with my season ticket.
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| On a serious note and even as a fan of Hull KR, it's too early to tell just what this bloke is up to.
He's come from nowhere in the last twelve months to owning Hull City, making very large claims about what he can do for the city's sporting clubs including threatening to move Hull City to a new £100m stadium complex if the council don't sell him the KC.
Nobody just gives away £1m, approach with caution.
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| He's given Hull KR £1m to invest in a Council owned stadium (Craven Park)
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| Quote ="Mick Cranes Sidestep"He's given Hull KR £1m to invest in a Council owned stadium (Craven Park)'"
Is it for the Stadium? Rovers already have a loan from the council for the Stadium improvements so this Million could and probably will be spent elsewhere.
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| Will it be spent sensibly and wisely,or just wasted and frittered away?
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| He has built his fortune over the last 30 years, you have to ask why he wasn't interested in any of the professional sporting clubs in the nineties when all three were close to going out of business.
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| Quote ="Speccy"Will it be spent sensibly and wisely,or just wasted and frittered away?'"
There will be some more washed up Tongan Aussies rubbing their hands together today
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| Quote ="Mick Cranes Sidestep"He's given Hull KR £1m to invest in a Council owned stadium (Craven Park)'"
The stadium is leased for a nominal (very small) amount. Any successful improvements would net the club a hell of a lot more than the council.
In any case, I believe the funding is secured for the short-term stadium development plans.
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| Quote ="retro_muz"Is it for the Stadium? Rovers already have a loan from the council for the Stadium improvements so this Million could and probably will be spent elsewhere.'"
Facilities & Infrastructure the acrticle said didn't it? That could mean anything from a boost to the junior set-up, improved training facities, perhaps a start on a South Stand?
It does seem odd that he'd give Hull KR £1m, without some sort of motive other than a gift to sport in the city. Maybe this is to get some support ahead of his bid to buy the KC Stadium, and it's no coincidence he's stepped up his campaign following the local elections.
Something seems fishy ( ) to me, but only time will tell.
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| Quote ="pmh"On a serious note and even as a fan of Hull KR, it's too early to tell just what this bloke is up to.
He's come from nowhere in the last twelve months to owning Hull City, making very large claims about what he can do for the city's sporting clubs including threatening to move Hull City to a new £100m stadium complex if the council don't sell him the KC.
Nobody just gives away £1m, approach with caution.'"
I'm guessing rovers either need some cash quick to get the North stand started and strengthen their franchise bid, or are skint and desperate for some cash. Either way, there will be a price to pay some way along the line.
All this talk of sports village developments reminds me of the lloyd era
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| Quote ="Kingmaker"The stadium is leased for a nominal (very small) amount. Any successful improvements would net the club a hell of a lot more than the council.
In any case, I believe the funding is secured for the short-term stadium development plans.'"
The council are borrowing the money for the north stand and rovers are paying the money back I believe
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| Quote ="Jake the Peg"The council are borrowing the money for the north stand and rovers are paying the money back I believe'"
Correct, and I believe payments increase if attendances improve as well, but my point was that the lease payments on the ground itself are fairly insignificant meaning investment in the ground is not just a case of handing the profits over to the council.
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| Quote ="Roofs"Hopefully this will see the club investing in bringing back Byron Ford and Michael Smith.
'"
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| Quote ="Ande"Interesting to hear about the owner of Hull City dropping a casual £1m into KR, seems a little weird that he has now decided to do it.
KR are building a new stand but it says that he is looking to players and facilities.
Thoughts?
[urlhttp://www.sportinglife.com/rugbyleague/news/story_get.cgi?STORY_NAME=rleague/11/05/17/RUGBYL_Hull_KR.html&BID=480[/url'"
Maybe has something to do with the local councillors who are Rovers supporters, he needs all the help he can get if he is to buy the KC Stadium. No smoke without fire. BTW its a loan without interest or any sort of return.
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| Allem wants to buy the KC from the council.
Allem treats Hull KR to £1million.
One of Hull KRs Directors is John Prescott.
Either way the winners here are the people of Hull. One thing I cant get my head around is his excuse for giving the gift. His investment in Hull City FC has made him looked biased to West Hull. How does that work?
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| Quote ="Established1865"Allem wants to buy the KC from the council.
Allem treats Hull KR to £1million.
One of Hull KRs Directors is John Prescott.
Either way the winners here are the people of Hull. One thing I cant get my head around is his excuse for giving the gift. His investment in Hull City FC has made him looked biased to West Hull. How does that work?'"
Both Prescott and allam at CP on Sunday
Money is for HKR, not ground improvement
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| Quote ="Dave K."Why not, you could do with another 2 overseas playes.
And as far I can make out he hasn't given Rovers the money, rather loaned them it, intrest free, cant blame Rovers for taking a big intrest free loan like that, when they need the money.'"
I am guessing you have read the same articles as I have? Now where in the HDM or on the HKR website does it state this is a loan? Where does it say Rovers have to pay it back? At which point does the article claim or allude to this "gift" being paid back??
Your family must really hate Christmas with you giving them gifts, bet you expect them to buy their own!!
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