All ifs and buts and to be honest the long term strategy MUST be to keep the stadium in the hands of the council, selling it and likely any covenents which would appear to be mainly anyway given how the council got its arris handed top it by Allam would be a massive mistake IMHO. The ground would then be increased in capacity in short order, land used for a hotel and other facilities all without any consideration for the access and egress and local residents, the former which is diabolical as it is.
Owners come & go and success is never a guarantee, Pearson is a business man at the end of the day and I still think he has bigger fish to fry, IF City and the SMC get sold to a consortium/big overseas money it wouldn't surprise me in the slightest if Pearson tried to do a deal to sell the club, winning silverware this year would put him in a massively better position than 12 months ago for sure.

Money for Hull City next season in the Premier League will be paid in installments and they will not receive 170 million. The team finishing bottom of the league will receive near 100 million and the top team near 150 million.

If a team is relegated next season it will receive around 80 million in so-called parachute payments over several seasons, again in installments.

So assume City finish bottom next season and do not make it back before the parachute payments run out they will be paid a total of around 180 million of Premier League money for being promoted this season.

... roughly 24% of which was made up in interest on his loan. A handy extra when the risk factor is taken into account.

Its a real shame as if you look at the basics of where the club where at the start of his reign and were they are now, add the achievements in between the man could have been a hero at Hull City for as long as the club lasts. As it is he will probably be remembered as the man who tried to change the name and charge pensioners and kids full price.

Seems to have a personality flaw of getting himself into great positions and then finding the best way to shoot himself in the foot.

I would worry about american owners though, their isn't a great deal of evidence of successful US owners in premier league teams, most have caused fan unrest and made some very unpopular decisions. Americans are the great believers in franchising and fans as 'customers'.

Well if you want to jump on the bandwagon you need to pay £24 (a one off joining fee) for the membership before the 24th June after that you will need to pay £84 mobile.hullcitytigers.com//news/ ... 38573.aspx

Well if you want to jump on the bandwagon you need to pay £24 (a one off joining fee) for the membership before the 24th June after that you will need to pay £84 mobile.hullcitytigers.com//news/ ... 38573.aspx

Cheers, Fred. Thought in the run up to Wembley it was labled "the £167 millon game". I was under the impression that City would get quite a bit up front to allow them to build, in an effort to counteract yo-yoism.
Bruce has given himself ten days to see what happens with any buy-outs. Realistically, he needs more time to decide on bringing players in, £100 million pounds, probably gets you four reasonable players nowadays? How's the weather there, been smashing here for the last few days but rain forecast for tomorrow.

His arrogance around the name change really hit it home to me how much of a prick he was. After stating there was evidence that the name change would increase revenue he went on radio humberside. He was asked what the evidence was. He said something along the lines of... "I'm the evidence, if I say it, that makes it evidence".

The only way to return more than 4% in today's economy is through risk based investments, like stocks and shares, property, acquisitions etc. You'd have certainly done well last year to have made 4% even there, the market dropped 5%, even the likes of Woodford made losses. Base line interest rates are too low for any fixed products, like savings and bonds. There are some fix terms options that might exceed 4% (only just) but there is no way you are going to be allowed to invest millions into them.

Bugger, don't what my 7s-6d in TSB will be worth do you?

If an entrepreneur has £50m to invest I can absolutely guarantee he'd return more than 4%. Do you think these people stick their millions in the bank or dabble in shares? They'd be looking at a spread of investments to balance risk and reward and would get much more than 4%. I have some unit trusts sat in an ISA which returned 19% last year

... but he put his money into a football club, what has that got to do with a "spread of investments"?

Because he was speculating on getting the freehold of the stadium and the surrounding area which would have returned him several times his "investment". he's a risk taker which is why he's rolling in money and you and I aren't. allam marine was making about £40m a year net from what I saw previously

He's also a generous benefactor and despite what you think of him as an individual he's give away many £millions to good causes

RUSCADOR...

I wonder who's mentioned this company before?

He's had more accounts than Barclays.

Is it standee??

It seems that Mr Allam withdrew the SMC from the deal to sell Hull City at the last minute.

The SMC must be making more money than he's been letting on!!

Surely not - he was prepared to let it go for £1 last year, now he wants £6million for something that costs him money! Bizarre!

I bet he realised that the Americans had plans for the ground around the KCom and the council would work happily with them, so he changed the deal and they pulled out

Sometimes in the last few years we have thought that Hull Fc are in a mess but when you listen to the first half hour of last nights sports talk you realise we don't really know what a mess is. Thank heavens for Adam Pearson and as for poor old Steve Bruce, he must just wonder what the heck is going on!

city are at evens to go down which looks like a licence to print money for me

Both pies get2 matches

Have you read the thread title Thomas ?

The plot thickens - Steve Bruce departs...

The club is in crisis, manager less, only 13/14 fit players (some of whom are close to Bruce and annoyed) with only 3 weeks to go before the new season, in a league that is so awash with money that even the smaller clubs are shelling out big money just to avoid relegation.

The other thing that will come back to bite the Allams in my opinion is that season ticket holders can cancel their membership after 3 months with a months notice, so if they are getting hammered every week thousands more may stop going mid season.

Hard to say what happens next as you just can't guess what goes on in the mad Egyptians heads!